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#1 Posted : 27 February 2019 06:26:33(UTC)
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DHAKA, Jan. 17 (Xinhua) -- Bangladesh registered a current account deficit of 726 million U.S. dollars during the first five months of current 2016-17 fiscal year (July 2016-June 2017), an official said Tuesday.

The Bangladesh Bank (BB) official told Xinhua that the current account balance showed a deficit of 726 million U.S. dollars in the first five months of the current fiscal year against the surplus of 1.34 billion U.S. dollars in the same period of previous fiscal year (July 2015- June 2016).

As export growth and remittance income plunged, the current account balance posted deficit, meaning Bangladesh's economy absorbed more than what it produced in the months, said the BB official who preferred to be unnamed.

Bangladesh's export income in the first five months of the current 2014-15 fiscal year grew 6.30 percent year-on-year to nearly 14 billion U.S. dollars, showed the BB data.

On the other hand, it showed the flow of inward remittances plunged 16.73 percent year on year to 951.37 million U.S. dollars in November this year.

The flow of inward remittances in the first five months of the current fiscal year fell over 15 percent to 5.2 billion U.S. dollars, the BB data showed.

According to the the BB, the current account balance showed the surplus of 3,706 million U.S. dollars during the 2015-16 fiscal year against the surplus of 2,875 million U.S. dollars in the previous fiscal year (July 2014-June 2015).


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Jerry Rice Uomo Nike Air Max 270 Jogging Nere Gialle Scontate , recently ranked as the -greatest player of all time by NFL Films, is currently on a tour of China to promote the sport, following in a line of big names who have made the trip east, including Barry Sanders, LaDainian Tomlinson Uomo Nike Air VaporMax Plus Nere Hyper Blu Scontate , Reggie Bush and Joe Montana, to meet a small, but growing, fanbase who appreciate the effort involved in a 11-day promotional tour.

Other sports obsess with unearthing the next Yao Ming or Li Na, but the NFL's -ultimate goal is developing that fanbase Nike Air VaporMax Flyknit Nere Scontate , -according to NFL China Managing Director Richard Young. The key, Young says, is to communicate with the fans directly, rather than approach the market from a business point of view. He also says it's essential to account for the uniqueness of the Chinese market - something that other sports seem to have ignored.

The Arena Football League (the highest level of professional indoor American football in the US), for example Nike Vapormax Flyknit Pure Platinum Grigie Scontate , has repeatedly announced plans for a league in China that would appear to be widely overambitious even to the casual observer. Marty Judge, one of the businessmen behind the venture, claimed this summer that indoor football would take China by storm, despite being a niche sport in the US.

Judge is not the first westerner to have been blinded by the potential size of the Chinese market - and he won't be the last - but Young, in contrast Uomo Nike Air Vapormax Flyknit Olive Verde Scontate , has spent more than two decades in Asia and knows that imposing the American model on the Chinese simply won't work.

The NFL learned that the hard way, rushing into the market in 2007, before having to drastically downsize its plans for China. But in the four years since Young has taken control, the number of those considered to be fans in China has grown from 1 million to more than 14 million, while new media has seen 1 Uomo Nike Air Vapormax 2018 Triple Nere Scontate ,000 percent growth over the same period.

While the NFL would of course embrace a Chinese player, it isn't trying to develop one. The hare would no doubt argue against that plan, but the NFL is happy backing the tortoise.

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Henley Hads  
#2 Posted : 18 April 2019 09:28:19(UTC)
Henley Hads

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Joined: 18/04/2019(UTC)
Posts: 2

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