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Wifang Securities Ltd - #1 Individual Brokerage Company in Dhaka Stock Exchange for 2009 and 2010

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Basic Information

Currency :
Taka (Tk.)
GDP at Current Price : Tk. 4674.97 billion (US$ 68.05 billion)
Annual per capital GDP : US$ 482
GDP growth rate at (1995/96) constant price : 6.51 percent
Agricultural growth rate at constant price : 2.95 percent
Industrial/Mfg growth rate (% of GDP) : 11.19 percent

Large & Medium scale Industry :
11.56 percent
Small scale Industry :
10.28 percent

Service sector growth

rate of GDP at current price : 12.45 percent
Inflation rate (12 month average) : 8.65 percent
Domestic savings rate of GDP: 20.46 percent
National savings rate of GDP: 29.15 percent
Investment rate of GDP: 24.33 percent
Exports (2006-07): US$ 12177.86 mn
Imports (2006-07): US$ 17156.80 mn
Trade Deficit : US$ 4978.90 mn
Foreign Exchange Reserve : US$ 5514.60 mn
Remittances :
US$ 3447.32 mn

Foreign Investment

Direct : US$ 263mn
Portfolio : US$ 48 mn
Bank rate : 5.0 per cent
Broad Money (M2) : 222042.60 crores

Total No. of Limited Co.

Public Limited Co : 35,000
Private Limited Co. : 23,000

Principle Industries :
Garments, Pharmaceuticals, Textiles, Paper, Manufacturing, Newsprint, Fertilizer, Leather and Leather goods, Sugar, Cement, Fish processing, Steel & Chemical industries etc.

Major export items :
Garments, Tea, Jute, Frozen shrimps, Leather products, Newsprint, paper, Naphtha, Urea, etc.

Principle imports :
Fuel, Rice, Wheat, Cotton & Textile, Petroleum products, Fertilizer, Staple fibers, yarn etc.

The Country : The People's Republic of Bangladesh.

Geographical location :
South Asia; between 20° 34´ and 26° 38´ northlatitude and between 88° 01´ and 92° 41´ east longitude; consists of flat fertile alluvial land.

Boundaries :
North-India (West Bengal and Meghalaya)
West-India (West Bengal)
East-India (Tripura & Assam) & Mayanmar
South-Bay of Bengal.

Area : 147,570 square km. (Territorial water—12 nautical miles).

Capital City : Dhaka Metropolitan Area (1528 sq. km.)

Standard time : GMT+ 6 hours.

Climate : Sub-tropical monsoon
Winter (November- February) temperature average maximum 29° C, average minimum 11° C ; Summer (March-June) temperature : average minimum 32° C, average minimum 21° C ; Monsoon (July-October).

Rainfall : 1194 mm to 3454 mm (average during monsoon, June-August).

Humidity : Highest :99 percent (July), Lowest :36 percent (December and January).

Population : 150.45 Million (July'07 est.)

Population Growth Rate : 2.05 percent

Population Density : 1045 Person per sq km

Total fertility rate : 3.09 Children born/woman (2007 est.)

Life expectancy : 62.84 years

Birth rate : 29.36

Per sent

Mortality rate : 8.13

Per sent

Adult literacy rate : 47.5 Per sent (15 years +)

Language : 95 percent Bengali and 5 percent other dialect. English is widely spoken.

Religion : Muslim (88.3%), Hindu (10.5%), Buddhist (0.6%) Christian (0.3%), & Animists and believers in tribal faiths (0.3%).

Food : Rice, Vegetables, pulses, fish and meat.

Mineral resources: Natural gas, Limestone, Hard rock, Coal, Lignite, Silica sand, White clay, Radio active Sand etc.
(There is a strong possibility of oil deposit)

Human resources: A substantial manpower reserve, trained from 21 Public Government and technical Universities along with 52 Private Universities & a strong media.

Skilled : Engineers, Technicians, Physicians, Economists, Accountants, Administrative and Managerial personnel, Abundance of low cost, easily trained and adaptable, hardworking, Intelligent and Youthful labor force.

(Source : Bangladesh Bureau of Statistics, Economic Trends of Bangladesh Bank, Bangladesh Economic Review 2007 & www.indexmundi.com)