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The economy of Bangladesh is a major developing market economy. [42] As the second-largest economy in South Asia, [43] [44] Bangladesh 's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
Bangladesh famine of 1974. Unofficial estimate: 1.5 million. The Bangladesh famine of 1974 began in March 1974 and ended in about December of the same year. The famine is considered one of the worst in the 20th century; it was characterised by massive flooding along the Brahmaputra River as well as high mortality.
The Rana Plaza collapse (also referred to as the Savar building collapse or the collapse of Rana Plaza) was a structural failure that occurred on 24 April 2013 in the Savar Upazila of Dhaka District, Bangladesh, where an eight-storey commercial building called Rana Plaza collapsed. The search for the dead ended on 13 May 2013 with a death toll ...
President Joe Biden said the U.S. is willing to work with Bangladesh to help the South Asian nation achieve its economic goals, nearly a month after Prime Minister Sheikh Hasina was sworn in ...
The COVID-19 recession, also known as the Great Lockdown, was a global economic recession caused by the COVID-19 pandemic. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 ...
The 2010-11 Bangladesh share market scam was a period of instability in the stock market from 2009 to 2011; the turmoil was in the two Bangladeshi stock exchanges, DSE and CSE . The market rose 62% in 2009, and 83% in 2010, but then declined 10% in January 2011, and a further 30% in February 2011. [1] The crash is deemed to be a scam [2] and ...
The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. [1]
Electricity was introduced to the country on 7 December 1901. Electricity is the major source of power for most of the country's economic activities. Bangladesh's total installed electricity generation capacity (including captive power) is 25,700 MW. It was 15,351 megawatts (MW) as of January 2017 [2] and 20,000 megawatts in 2018.