Redrawing Bhairab's Footwear Landscape

The Financial Express, March 25, 2013

3 Pages Posted: 11 Aug 2013 Last revised: 30 Aug 2013

Date Written: March 25, 2013

Abstract

According to the Bangladesh Bank, the country’s foreign exchange reserve crossed the $13 billion mark recently, a record high. The central bank sees it as a stronger feature of the country’s economic stability and progress. Experts suggest that a portion of the big reserve be invested into productive sectors. The major part of the foreign exchange reserve comes in the form of inbound remittance from Bangladeshi expatriate workers working in different other countries. We have options to increase foreign currency earnings by sending abroad semi-skilled or skilled manpower as well as by increasing the number of products in the export basket.

Keywords: Bhairab Footwear Cluster, Cluster Development, SME Clusters in Bangladesh

Suggested Citation

Abdin, Md. Joynal, Redrawing Bhairab's Footwear Landscape (March 25, 2013). The Financial Express, March 25, 2013. Available at SSRN: https://ssrn.com/abstract=2308324

Md. Joynal Abdin (Contact Author)

DCCI Business Institute (DBI) ( email )

DCCI Building (11th Floor), 65-66 Motijheel C/A
Dhaka, 1000
Bangladesh

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