Bio
Md Ashraf Ali is an academic author from Bangladesh associated with multiple institutions including Chittagong University of Engineering & Technology and University of Dhaka since 2024. He has prior experience at universities and research institutes in Bangladesh, Japan, and China. He holds qualifications including BBA and MBA with a major in Finance and Banking and has contributed research in fields such as financial economics and business administration.
Educational Journey
The Millennium University
BBA • Finance and Banking
The Millennium University
MBA • Finance and Banking
Experience
Chittagong University of Engineering & Technology
2024 - PresentUniversity of Shizuoka
2016 - 0Editors Role
Reviewer
GJMBR
0 -Research
Movement of PE Ratio and its Impact on Price Fluctuations: A Case Study of Dhaka Stock Exchange in Bangladesh
This study describes the movement of PE ratio mentioned in corporate annual reports and impact on market price fluctuations in stock market. Specifically, this report discovers the affiliation between PE ratio and market price fluctuation in stock market in an emerging market like Dhaka stock Exchange, Bangladesh. For this purposes, it has analyzed and utilized a disclosure index about PE to measure the extent of relation with market fluctuation made by companies in corporate annual reports. This study reports that a very few company’s share price in DSE are making efforts to run with PE ratio which are mostly quantitative in nature. Whether the price earnings ratio is a good criterion on which to base investment decisions is also examined in this report.
Socio-Economic Impact of Foreign Remittance in Bangladesh
In Bangladesh, remittance is one of the most important economic variables in recent times as it helps in balancing balance of payments, increasing foreign exchange reserves, enhancing national savings and increasing velocity of money. For about two decades remittance has been contributing around 35% of export earning. Moreover, it is greater than foreign aid and thus helps in lessening dependence on foreign aid remittance gets momentum in recent time in Bangladesh and is the second largest sector of foreign exchange earning after the garment; sector. If cost of imported raw materials is deducted from the foreign exchange earning of the garments sector, remittance becomes the sign: largest sector of foreign exchange earning. Remittance earning ; increasing day by day but at a lower rate than the increase in emigration from Bangladesh due to the increasing share of unskilled or semi-skilled labors than the professionals in international migration. The share o remittance in GNI (Gross National Income) is increasing day by day. Remittance affects almost all the macro-economic indicators of a country positively. Though there are also negative sides of remittance earning e.g. brain drain, its overall contribution to Bangladesh economy is very much effective. The major roadblocks of a smooth and efficient payment of foreign remittances are poor infrastructure in rural and semi-urban economy, inadequate reach of private commercial banks within the country, massive information asymmetry in the market, inefficiency of financial institutions, poorly regulated exchange houses etc. Appropriate and timely government policies and initiatives can boost up the amount of remittance and can rectify the problems related to it. Remittance has created a new dimension in the economic development of Bangladesh. We have to properly unlock the potentialities of remittances and utilize it properly to make it an indispensable tool of the economic development of Bangladesh.
