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
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: Suggested Citation