BANGLADESH TOPS ‘EMERGING MARKETS OF THE FUTURE’


BANGLADESH TOPS ‘EMERGING MARKETS OF THE FUTURE

rtx17q7kSun Online Desk

Latest research by major global rating agency identified Bangladesh as the toppers among leading ’10 emerging markets of the future’ — the countries that are set to become new drivers of economic growth over the next 10 years .

On Thursday, Business Insider reports, according to recent by Fitch Ratings’ BMI Research firm, new manufacturing hubs are set to emerge in Bangladesh, Myanmar, and Pakistan, and other seven countries will see particularly strong growth in exporting manufacturing industries.

BMI Research estimates that these countries will cumulatively add $4.3 trillion to global GDP by 2025 — roughly the equivalent of Japan’s current economy.

7-opyFitch Ratings Inc. is one of the “Big Three credit rating agencies”, the other two being Moody’s and Standard & Poor’s.

“Bangladesh’s export-oriented industrial sector already accounts for more than a quarter of GDP and will continue to develop as a global manufacturing hub in the coming years.”

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JULY 07, 2016

DAILYSUN

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About Ehsan Abdullah

An aware citizen..
This entry was posted in ACHIEVEMENTS - SUCCESS, AGRICULTURE, CHALLENGES, CURRENT ISSUES, ECONOMY, ENERGY - NATURAL RESOURCES, GLOBAL INDICATORS & BENCHMARK, GROWTH & TARGET, INDUSTRIES, REGIONAL COOPERATION, Regional Policy. Bookmark the permalink.

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