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Bangladesh’s ready-made garments landscape: The challenge of growth
With about $15 billion in exports in 2010, ready-made garments are the country’s most important industrial sector; they represent 13 percent and more than 75 percent of GDP and total exports, respectively. McKinsey forecasts export-value growth of 7 to 9 percent annually within the next ten years, so the market will double by 2015 and […]
- Published by: McKinsey & Company
- Author: Dr. Achim Borg, Saskia Hedrich & Sebastian Kempf & Dr. Thomas Tochtermann
- Published on: November 1, 2011
Bangladesh: The Surging Consumer Market Nobody Saw Coming
Bangladesh is emerging as one of the world’s next great growth opportunities for consumer product companies. Every year, 2 million Bangladeshis join the ranks of the middle class and affluent. These consumers are highly optimistic, value foreign brands, and are jumping on the digital bandwagon. While most Bangladeshi consumers are eager to boost their spending […]
- Published by: Boston Consulting Group (BCG)
- Author: Zarif Munir, Olivier Muehlstein, and Vivek Nauhbar
- Published on: October 1, 2015
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LightCastle Economic Update 2018
Bangladesh economy has arrived at the cusp of achieving the middle-income status with a number of indicators matching the graduation requirements. This has been possible due to steady macroeconomic performance led by an impressive growth trajectory. Good performance is reflected in the form of steady sovereign ratings (Moody’s, S&P and Fitch) and growing forex reserves […]