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With its newfound political stability, Bangladesh has undertaken an ambitious program of economic reforms, and opened its doors to foreign investment. A large workforce, and low wages and costs make Bangladesh an attractive base for setting up manufacturing and assembling facilities.
The present government has initiated several measures to stimulate economic growth...
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New businesses are being encouraged and there are generous tax incentives for exporters. Foreign-exchange restrictions have been eased. Overseas businesses are being wooed as foreigners are now allowed to own ventures wholly and are permitted to invest in the stock market. The mobilization of domestic resources is a key priority of the program...
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