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Plea for modern methods in business

62The state minister for foreign affairs has stressed the application of scientific and modern methods in business management to increase profits.

M Shahriar Alam was inaugurating a two-day training for the management officials of various businesses in Dhaka.

He said modern management methods could generate more profits and employment, thus ensuring greater private sector contribution to Bangladesh’s economy.

He also highlighted the government’s support to the private business development through various means such as training, banking and financial facilities, structural improvement, policy changes, and coordination.

“The private sector will be the main driving force of the development,” he said.

Bangladesh-Japan Training Institute (BJTI) organised the training styled ‘Leadership and Corporate Philosophy in the Age of Globalisation’. Professor of Japan’s Osaka University Dr Masayaki Furusawa is the key trainer.