News Headline Bangladesh : second most open economy in trade in South Asia BB officials speak on external trade openness Published in Star Business Report on 17 May 2014 Business Communication (BUS-501) Presentation on Business News _______________________________________________________________________________________________________ ____________________ Submitted to : _______________________________________________________________________________________________________ ____________________ Mr Hasibul Alam Chowdhury Assistant Professor Department of Banking and Insurance University of Dhaka _______________________________________________________________________________________________________ _____________________ Submitted by : _______________________________________________________________________________________________________ ____________________ Md Shamim Ahmed ID : EvMBA 1406013 Date : 07 June 2014
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News HeadlineBangladesh : second most open economy in trade in South AsiaBB officials speak on external trade opennessPublished in Star Business Report on 17 May 2014
Submitted to : ___________________________________________________________________________________________________________________________
Mr Hasibul Alam Chowdhury Assistant Professor Department of Banking and Insurance University of Dhaka____________________________________________________________________________________________________________________________
Submitted by : ___________________________________________________________________________________________________________________________
Md Shamim AhmedID : EvMBA 1406013Date : 07 June 2014
“As reform and liberalization measures were being pursued, the degree of integration of Bangladesh economy with world economy has increased gradually”
-Said a paper jointly written by Abdul Wahab and Mazbah Uddin, joint directors of Bangladesh Bank.
The overall growth scenario has improved Financial sectors have deepened Capital inflows are increasing and Government & Private sectors efforts are continued.
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Published on The Daily Star, on 17 May 2014
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Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Bangladesh : second most open economy in trade in South Asia
Trade-GDP ratio of Bangladesh reached 47.1 percent in fiscal 2012-13
Flexible foreign equity participation in Bangladesh has made GDP trade more liberal.
To become an upper middle-income group country, Bangladesh needs more foreign direct investment.
Volume and size of exports increased gradually over the last two decades.
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Bangladesh : second most open economy in trade in South Asia
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Bangladesh : second most open economy in trade in South Asia
Foreign Direct Investment and Export policy is in favor of investors compared to other South Asian countries.
Raw materials and production infrastructure developed in satisfactory level.
Continuous political instability is a barrier of keeping this growth.
Trafficking goods through border affecting highly GDP trade.
Figure 01 : Comparison of trade in % of GDP
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Bangladesh : second most open economy in trade in South Asia
...Findings continued
In 1980 GDP trade was 4% only and earned $435.6 million.
In recent year it is $8,712 million
Investment favorable measures has to be established.
Central bank’s sincere supervision is crucial for investment process control.
PPP investment friendly projects needs more growth facilities.
BOI has to be more active in processing foreign investment.
Prospective domestic production has to be financially supported.
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Bangladesh : second most open economy in trade in South Asia
Introduction
News
screenshot
Fact puzzle
Agenda
Findings
Recommendatio
n
Conclusion
Bangladesh : second most open economy in trade in South Asia
Observe, believe and act upon
facts.This is the way of
development!
News HeadlineBangladesh : second most open economy in trade in South AsiaPresented by Md Shamim Ahmed