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[20] [21] In 2014, Lazada recorded $152.5 million in net operating losses, with net revenues of $154.3 million, although the percentage of losses—relative to gross merchandise value—was lower than the previous year due to growth in marketplace sales to $384 million that year, compared to $95 million in 2013. [22] [23]
The World Bank, in a study conducted in 2008, projected triple digit growth for Bangladesh in IT services and software exports. [10] Bangladesh was also listed as one of the top 30 Countries for Offshore Services in 2010–2011 by Gartner. [11] The Internet penetration has also grown to 21.27 percent in 2012, up from 3.2 percent three years ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 29 January 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
According to a British Geological Survey study in 1998 on shallow tube-wells in 61 of the 64 districts in Bangladesh, 46 percent of the samples were above 0.01 mg/L and 27 percent were above 0.050 mg/L. Based on the estimated 1999 population of Bangladesh, the study suggested that 28–35 million people may have been exposed to arsenic levels ...
The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter. The energy price reform included a cash-rebate program through which each person received 455,000 rials ($15 US) per month from the government.
Bangladesh Sangbad Sangstha (BSS), the official government-owned news agency of Bangladesh, was created on 1 January 1972 from the Dhaka bureau of the state-owned. Abul Kalam Azad , who was formerly Prime Minister Sheikh Hasina 's press secretary, became its chief editor in 2014. [ 32 ]
The post-independence period witnessed rapid growth as Dhaka attracted migrant workers from across rural Bangladesh. 60% of population growth has been due to rural migration. [108] The city endured socialist unrest in the early 1970s, followed by a few years of martial law. The stock exchange and free market were restored in the late 1970s.
By fiscal year 1975, however, the government revised its stance, declaring a devaluation of the taka by 56 percent and agreeing to establishing the Bangladesh Aid Group by the World Bank. [ 23 ] Between 1980 and 1983, the taka sustained a decline of some 50 percent because of a deterioration in Bangladesh's balance of payments . [ 23 ]