Bangladesh’s economy
More households use refrigerators, ACs as income grows
Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.
Corporate profit squeezed by energy cost, currency shock
Despite higher sales, profit of listed companies dropped 20 percent, with depreciation of local currency and higher energy cost to blame
More households use refrigerators, ACs as income grows
Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.
Corporate profit squeezed by energy cost, currency shock
Despite higher sales, profit of listed companies dropped 20 percent, with depreciation of local currency and higher energy cost to blame