Bangladesh's Corporate World

Bangladesh would face a slower economic growth during the current fiscal predicts the World Bank. However, it said that Bangladesh would enter the middle-income country group by 2021 if its employment rate increases by 2 percent per year. Over the past five years, the average growth rate of Bangladesh was 6.1 percent. This growth has particularly been as a result of the population growth, increase in productivity and enlargement of labour force participation in foreign lands and growth of local businesses. Though employment increased over the past couple of years, the employment rate remained stagnant for the country. The government's initial economic growth target was 7.2 percent for 2013-14 fiscal year, which has became unachievable due to the recent unrest that disrupted most of the services. The World Bank predicts, coupled with the unrest, the weak manufacturing exports, lack of growth in the agricultural sector and the increasing domestic consumption and investment dem...

In today’s competitive corporate world, people are engaging themselves in a lot of work. At times, they find too little time to complete all of these tasks. Eventually work gets piled u p and becomes a huge burden. After a long and hard working day, when people realize that they have to wake up the next day to face more work, it affects their minds. It affects their concentration and causes problems in personal and professional life. That is why time management is a vital. No matter how talented you are, you cannot achieve success in the corporate world unless you learn how to manage your time. It depends on your daily schedule on how you are going to manage your time. At present, it might seem a difficult task and you might think, “I do not get a single second of rest in my entire day. How am I going to manage my time?” Trust me, it is not as difficult as it seems. In this article, you will find some guidelines on how to manage your schedule. If you ever find yourself in a situatio...

Doing business in Bangladesh Featured question of the month is - what does it need to launch an import-export business in Bangladesh? A bonus question to add with it is - how much time does it take to solve insolvency problems? Here is the hint, if not the whole answer: According to this website on 'Business Scenario of Bangladesh', six official documents are needed to start  an import-export business. How much required? $965. But the website did not mention how much bribe it requires. Answer to the other question is interesting. It takes over two years on solving insolvency problems. This time frame is not that long compared to Pakistan, Nepal, Sri Lanka and other developing countries. This website also gave details on leading and top businessmen of Bangladesh . The names included are Jahurul Islam of Islam Group, Samson H Chowdhury of Square Group, Abul Matlub Ahamed of Nitol-Niloy Group, Salman F Rahman of Beximco Group and Latifur Rahman of Transcom Group.