Search : Power Sector

The Bangladesh Power Sector is one that has seen considerable growth in recent years. Total Power Generation Capacity in January of 2019, was 17,764 MW. To put into perspective the magnitude of growth, the Capacity in 2013 was 10,213 MW. This translates to a 57% increase in just 6 years. While growth in capacity is […]

The country lacks in adequate supply of power to meet the aggregate demand from diverse sectors including household, industrials as well as agricultural sector. To meet the increasing demand for Power, the Government of Bangladesh (GoB) has undertaken pragmatic steps towards increasing the power supply in the short span of time by encouraging private sector […]

Bangladesh is a bustling country with a total population of now 164 million with over 46% under the age of 25, the majority of whom are acclimatized to growing up with electronic devices in their homes. And with increasing urbanization and development of rural and suburban regions, the availability of electricity plays a crucial role […]

Economic growth is transforming Bangladesh, building its pathway to becoming a middle-income economy. Bangladesh is a fast growing economy, with a GDP growth of over 7 percent in fiscal year 2018 keeping up an impressive annual average growth rate of more than 6 percent over the last ten years. Bangladesh has multiple factors that favor […]

It is undeniable that Bangladesh holds tremendous potential in leveraging future economic development through its workforce.The country’s Labor Force is 71 Million Strong as of 2020. Of that number, 30.63% is women. While this statistic may at first seem to paint a rosy picture, there are a number of issues with employment in Bangladesh that […]

Shrimp is one of the most important export items in Bangladesh, accounting for more than 70 percent of its agricultural exports. Its massive contribution to national exports has earned it the nickname, “White Gold.” The majority of this revenue winning item is exported to the European Union (EU) countries, including the Netherlands, Belgium, and Germany. […]

The recent coronavirus-induced shutdowns throughout Bangladesh have caused an estimated loss of BDT 565.36 billion (USD 6.66 billion) between March and May 2020 for the businesses working in agriculture, fisheries, and meat producing sectors. Nation-wide disruptions have resulted in restricted access to agricultural products, markets, and advisory services. Under these circumstances, it is important to […]

Since the discovery of plastic, rapid commercialization has made plastic products an inseparable part of our lives. In fact, about 359 million metric ton of plastics were produced globally earning USD 13.2 billion in 2018 with a CAGR of 6.5%. Meanwhile, plastic has been recognized as the 12th highest export earning sector in Bangladesh which […]

The Least Developed Country (LDC) status of Bangladesh enables the country to benefit from preferential trade and investment policies sanctioned by European and North American markets. Low cost of labour and lower overhead cost compared to regional peers have enabled the country to operate at a cost advantage; the apparel sector has been the main […]

Bangladesh is one of the fastest growing economies in Asia-Pacific. The country is aspiring to gain the status of a middle income country very soon and has been making great strides in terms of social, economic and technological transformation. It recorded a commendable GDP growth rate of 7.86% in 2018. All these being said, a […]

Once dubbed an economic “basket case” by former U.S. Secretary of State Henry Kissinger, Bangladesh has made impressive strides across a host of socio-economic development indicators. From successfully cutting down fertility rates since the 1980s, slashing infant mortality rates and promoting gender parity in both primary and secondary education, Bangladesh has come a long way. […]

Based on work first presented to widespread acclaim at the 2017 Asia Power Week in Bangkok, Thailand, this new white paper explores how reforms to Bangladesh’s power sector could unlock the country’s ‘remarkable renewable energy potential.

State of Affairs Amidst the growing concern of rampant inflation permeating through major aspects of daily expenses and Bangladesh Bank devaluating the Taka against the US Dollar, Finance Minister AHM Mustafa Kamal unveiled the National Budget for FY 2022 – 23. The budget proposed a total expenditure of BDT 6.78 trillion, total revenue and foreign grants of BDT […]