Bangladesh's Corporate World

In this modern age of technology any individual can communicate with anyone else within the matter of seconds thanks to cellphones and internet. Many Bangladeshi businessmen utilize this opportunity to communicate with their partners and clients via technology rather than meeting them face to face. But is it really the best way to go for a successful business? Some of the most successful corporate houses of Bangladesh were established in an era where face to face meeting was the only option for communication with clients and other associates. Even after several decades those companies are still going strong. The key factor behind this incredible success is just one simple fact- face to face meeting. The impact of social media and technology is obvious in this age. But here are some major reasons why face to face communication beats any other method for a successful business: A face is better than a thousand voices In the recent past there has been an upsurge of online s...

People find business marketing of small starting money tough to establish having less option to make it successful. That is why most people think it as a waste of time and money and never tries to set up such types of business. This is found more realistic when the people try to hire professionals or “Branding” consultant but can never make it up having a bad experience. If we talk about hiring consultant for marketing, a person need to be sure about the consultant that he knows the most efficient way of marketing. But sometimes, money is a problem. Not everybody has the ability to consult someone but using various approach ways and planning the work can be done without facing any economic difficulties. Three Small Business Marketing Strategies For Success Firstly the service given by the business people should be so good that people like and appreciate it. Most people say that they will give the best service but it is not as easy as it seems. Also the way they are thinking is ...

Bangladesh is a low-income country. But it has a stable economy. Bangladesh has the second most ‘pro-capitalist population’ in the developing world to give another boost to the economy. Between 2004 and 2014 the average GDP growth rate was 6%. Now it is over 6.5%. Since independence in 1971 the economy of Bangladesh has made a gradual progress. Now Bangladesh is considered as part of the Next Eleven Emerging Market and one of the Frontier Five. Before 1980, the economy was largely dependent on jute and jute products. From 1990s onward, textile, garment, pharmaceuticals, shipbuilding ceramics, leather goods and electronics came forward. Beximco, ACI, Square Group are the market leaders. And today, the economy of Bangladesh is led by export-oriented industrialization including the garment industry and the textile industry. Garment industries contribute the most. Up to 6-8% of the total growth of the country comes from the sector. Now, there are more than 5000 garment industries acro...