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Bangladesh Bank introduces online submission of 'EXP Form' for exports

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EXP Form is a vital document while exporting goods from Bangladesh. Recently Bangladesh bank introduces online generation and submission of EXP form documents which is explained well in this document:

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What is HS Code?

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HS stands for Harmonized System. It was developed by the WCO (World Customs Organization) as a multipurpose international product nomenclature that describes the type of good that is shipped. Today, customs officers must use HS code to clear every commodity that enters or crosses any international borders.

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What is INCOTERM and why it is important?

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The Incoterms® rules feature abbreviations for terms, like FOB (“Free on Board”), DAP (“Delivered at Place”) EXW (“Ex Works”), CIP (“Carriage and Insurance Paid To”), which all have very precise meanings for the sale of goods around the world.

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How Sea freight Shipping works from Bangladesh?

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How Sea freight Shipping works from Bangladesh?
Generally there are several types of shipping modes LCL (Less than container load) and FCL (Full Container Load). For small quantities LCL are used. For, bulk quantities FCL is used.

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Social Business - Solving Social Issues through business

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One might think that the term 'social business' might relate to doing business in your social circle or through social relationship that is something like facebook. In fact, that is not the case, rather in short, we can say it is a business model where goal is to solve social problems through business and reinvesting the profits in the business. At Marine Spares BD our high level goal is to elevate social issues through business. It could come down to reinvesting the profit in the business, integrating more man power into the business, creating more employment and opening the possibility...

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