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Electrical is one of the most important business sectors of Bangladesh. It has been identified as a 'booster sector' in the SME Policy Strategy - 2005 and a 'thrust sector' in the National Industrial Policy - 2010 of Bangladesh. Currently this sector in producing about 15 thousand crore taka of...
Persistent link: https://www.econbiz.de/10013105899
Bangladesh is a least developed country (LDC), not only LDcs but also developing even developed economies are offering special benefits to attract Foreign Direct Investment (FDI) inflow. This is because FDI brings some special benefits into the host country. These are as follows: 1. FDI brings...
Persistent link: https://www.econbiz.de/10013067118
'Cluster' is a concentration of interrelated industries in a particular geographical location. In Bangladesh, the SME Foundation has adopted a definition of clusters: "A Cluster is a concentration of enterprises producing similar products or services and is situated within an adjoining...
Persistent link: https://www.econbiz.de/10013073682
The South Asian Association for Regional Cooperation was officially established in December 08, 1985. The South Asian Free Trade Area (SAFTA) enter into force on July 01, 2006 under the umbrella of SAARC. From the same platform the SAARC Agreement on Trade in Services enter into force on...
Persistent link: https://www.econbiz.de/10013015455
Global business environment is changing its dynamics every day. Rapid development of science and technology is supplying fuel to the movement of business dynamics changing motion. For example, if we look back to one decade we will see that SMEs were using record books with pen or pencil for...
Persistent link: https://www.econbiz.de/10012963024
Economic integration is facing threat throughout the world. Brexit (2016) is the biggest blow to the European Union as well as to the global concept of economic integration. Endless calculation is going on to measure positive and negative impact of Brexit on British economy and rest of the...
Persistent link: https://www.econbiz.de/10012964205
Though South Asia covers 4,488,300 sq kms of the world's surface area with a population of 1.5 billion, still it has only a negligible share of the world's total volume of trade. Most of the people of this region are living below the poverty line. Only mutual initiatives towards economic...
Persistent link: https://www.econbiz.de/10013160065
SMEs, as defined by the European Union (EU), comprise the industries, having less than 250 workers. This number is 300 workers having yearly turnover within Tk. 38 million (380 crore) under the Japanese definition. In case of Bangladesh, SMEs are the organisations where less than 60 workers are...
Persistent link: https://www.econbiz.de/10013155012
Though the global financial crisis affects the march of globalisation, economists are confident that the world will recover and globalisation will regain its momentum. Globalisation holds opportunities and threats. It offers opportunities for the fittest and threatens the inefficient. It creates...
Persistent link: https://www.econbiz.de/10013155013