MIRA INFORM REPORT

 

 

 

Report Date :

30.05.2014

 

IDENTIFICATION DETAILS

 

Name :

Alam Fibres

 

 

Registered Office :

Khana Sabur Road, Daulatpur, Khulna-9202

 

 

Country :

Bangladesh

 

 

Year of Establishment :

1995 

 

 

Legal Form :

Proprietorship Concern

 

 

Line of Business :

Exporter of Raw Jute

 

 

No. of Employees :

23

 

 

NOTES

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Bangladesh

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately  High Risk

C1

High Risk

 

C2

Very High Risk

 

D

 

 

BANGLADESH - ECONOMIC OVERVIEW

 

In real terms Bangladesh's economy has grown 5.8% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms. Bangladesh remains a poor, overpopulated, and inefficiently-governed nation. Although more than half of GDP is generated through the service sector, 45% of Bangladeshis are employed in the agriculture sector with rice as the single-most-important product. Bangladesh's growth was resilient during the 2008-09 global financial crisis and recession. Garment exports, totaling $12.3 billion in FY09 and remittances from overseas Bangladeshis, totaling $11 billion in FY10, accounted for almost 12% of GDP.

 

Source : CIA

CONCERN DETAILS

 

Name

Alam Fibres

Address

Khana Sabur Road, Daulatpur, Khulna-9202

Country

Bangladesh

Telephone No

+880-41-774591, 774904, 01711-858647

Fax No

+880-41-774136

E-Mail

NIL

Website

NIL

Established

1995 

Legal Status

Proprietorship Concern  

Business Type

Exporter

Status

Satisfactory

Payment Behavior

No complaints have been heard regarding payments 

from local suppliers or banks.

 

 

LOCATIONS

 

Head Office

Khana Sabur Road, Daulatpur, Khulna-9202

Telephone No

+880-41-774591, 774904, 01711-858647

Fax No

+880-41-774136

E-Mail

NIL

Website

NIL

Branch

NIL

Factory

N/A

Factory Telephone No

N/A

Factory Fax No

N/A

Warehouse

Khana Sabur Road, Daulatpur, Khulna-9202

 

 

PROPRIETOR

 

Name

Mr. Firoz Alam

Designation

Proprietor

Nationality

Bangladeshi

 

BUSINESS DETAILS

 

Line of Business

Exporter

Items Dealing In

Raw Jute

Terms of Purchase

Local: Cash or Credit

Terms of Sale

Export: Against L/C

 

 

BANKERS

 

Name

Janata Bank Limited

Branch

Sir Iqbal Road Branch

Address

Sir Iqbal Road, Khulna

SWIFT

N/A

 

 

FINANCIAL INFORMATION

 

Year

2011

2010

 

2009

Investment

Tk.22 million

Tk.20 million

Tk.20 million

Turnover

Tk.118.9 million

Tk.117.4 million

Tk.117 million

Liability

Tk.4 million

Tk.4.6 million

Tk.5 million

Assets

Tk.30 million

Tk.28 million

Tk.28 million

 

 

CAPITAL STRUCTURE

 

Authorized Capital

N/A

Paid Up Capital

N/A

Each Share Value

N/A

 

 

CURRENCY EXCHANGE RATE

 

Currency

Unit

Bangladeshi Taka (BDT)

 

Great Britain Pound

1

121.3681

U.S Dollar

1

77.9700

European Euro

1

102.8268

 

 

ADVERSE DATA MONITORING

 

Dishonored Checks

No Found

Debt

No Found

Litigation

No Records Found

Performance Defaults

No Records Found

Adverse Press Coverage

No Records Found

Money Laundering

No Records Found

 

 

GENERAL INFORMATION

 

Employees

23

Office Area (Sq. Ft)

1,300 sq.ft (rented)

Factory Area (Sq. Ft)

N/A

Warehouse Area (Sq. Ft)

3,500 sq.ft.(rented)

Range of Products

4 Raw Jute

Export Market

4 Brazil

4 Pakistan

4 Indonesia

4 India

Certifications

NIL

Group Name

NIL

Subsidiaries / Affiliates

4 Bithi Rnterprise

Member

4 Khulna Chamber of Commerce & Industries, Khulna

4 Bangladesh Jute Exporter Association, Dhaka 

 

 

BUSINESS TREND & PROSPECT

 

Business Scale           

Medium

Business Trend

Growing

Management Capability

Good

Reputation

Good

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.58.84

UK Pound

1

Rs.98.40

Euro

1

Rs.80.03

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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