Browsing by Author "Islam, A. B. Mirza Md. Azizul"

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Causes of inflation with a special reference to monetary policy
(BRAC University, 6/29/2014) Tasmia, Maisha; Islam, A. B. Mirza Md. Azizul
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability. Monetary policy uses a variety of tools to control one or both of these, to influence outcomes like economic growth, inflation, exchange rates with other currencies and unemployment. This paper particularly focuses how a central bank responses while being in an inflationary situation through using monetary policy as a tool and its impact. Monetary policy is referred to as either being expansionary or contractionary, where an expansionary policy increases the total supply of money in the economy more rapidly than usual, and contractionary policy expands the money supply more slowly than usual or even shrinks it. Expansionary policy is traditionally used to try to combat unemployment in a recession by lowering interest rates in the hope that easy credit will entice businesses into expanding. Contractionary policy is intended to slow inflation in order to avoid the resulting distortions and deterioration of asset values. Besides, Monetary policy is used for achieving the objectives of macro-economic management and for providing a sound macro-economic environment which refers to the overall economic measurement of a country with the purpose of achieving a target growth rate of the economy while maintaining price stability, making progress towards poverty alleviation and employment generation and achieving balance of payments viability. Furthermore, this paper also includes an empirical analysis to find out the changes in inflation due to the change the annual money growth rate. However, the findings conclude that, there might remain some dominating other factors along with money supply in the economy to influence the annual inflation rate.
Financial performance analysis of Berger Paints Bangladesh Limited
(BRAC University, 9/23/2014) Nasrin, Tanija; Islam, A. B. Mirza Md. Azizul
Berger Paints Bangladesh limited is one of the leading paints company in our country. At the time of foundation the company name was Jenson & Nicholson. Their corporate head office is situated in Uttara, Dhaka. BPBL is taking strides in fulfilling their vision to be the most preferred brand in the industry ensuring consumer delight. Their mission is to increase the turnover by 100 percent in every five years which seems very much challenging and encouraging. Being a responsible corporate citizen, BPBL has been contributing to several social causes to bring positive changes in the society. Berger in Bangladesh has successfully been able to position themselves at the minds of their targeted customers. They accelerated in bringing innovation in products for the users to enable them a service of great quality and showing that they are very cautious about customer’s demand and always tries to fulfill their requirements. I had the opportunity to work with the Finance and Treasury Management team as an intern for three months. The report is the outcome of those three months of learning and hard work at BPBL. The report has been started with the basic overview of BPBL, their products and departments, a brief description on the financial accounting and treasury department and my job responsibilities in that department. Then the discussion has moved to the main topic of “Financial Performance Analysis of Berger Paints Bangladesh Limited.” The first section under this topic contains five years financial data analysis of BPBL. After that the fundamental ratios and market ratios are analyzed from year 2009 to 2013. Findings are the outcomes of the analysis which includes both positive and negative factors. Later on, recommendations have been provided to improve the areas where it is needed. The experience in BPBL enlightened me to grow better and stronger in my desired field. The three month period provided me with an extensive knowledge of handling work under pressure. It also taught me a strong strategy can be really beneficial for a company to survive in the market as a successful brand. On the other hand, if the strategy goes wrong then the company must suffer for the mistakes it has made.