Business
Posted on 29. Dec, 2009 by Mikey Leung in 2. Practical Information
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Patience is your best tool in setting up a business in Bangladesh, as the young country has still to set up standardised procedures for many business transactions, or it operates according to laws that have scarcely changed since the time of partition. Furthermore, reliable business information and advice is hard to come by. Government institutions, especially those meant to defend against corruption, tend to be weak and ineffective, and the country’s infrastructure is already stressed under the demands of a burgeoning population. Uncontrollable delays are a frequent occurrence, but if you remember to stay patient the reward of success in Bangladesh is made all the more sweet.
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