Single-Use Plastic: Is A Catastrophe Awaiting Bangladesh?

While plastic can be considered a miracle material, single-use plastic is as deadly as it gets due to its multiple negative impacts on the environment, health and economy. Single-use plastics, also termed as disposable plastics, are meant to be tossed or recycled after one-time use. These items include polythene bags, sachets, straws, food wrappers, plastic […]

Growth Metrics and Forecasts Revised in the Face of COVID-19: ADB and EIU

As the world at large attempts to flatten the Coronavirus curve through mandated social isolation, governments have opted for stimulus packages to drive fiscal expenditure and/or provide relief to the populace. Multilateral organizations have been crucial in aiding these efforts both through funding and fund-delivery. Despite best efforts however, it is a sad fact that […]

Bangladesh’s Road to Adoption of Electric Vehicles

There are now more than five million Battery Electric Vehicles (BEVs) on the roads worldwide.Two million have been sold globally in 2018 alone, whereas the number of BEVs sold stood at just a few thousands in 2010. By definition, EV refers to an electrically-driven vehicle which uses one or more electric motors for its propulsion. […]

E-Governance: Empowering Citizens through Simplified Services

In Bangladesh where red-tapism and speed money are deep-seated in public administration, e-Governance can bring about a positive change by putting an end to these bureaucratic tangles. E-Governance or electric governance refers to the delivery of government services through the application of information and communication technology (ICT). Bangladesh is one of the fastest-growing economies in […]

Corporate Social Responsibility in Bangladesh: An Assessment in Effectiveness

The assumed dichotomy between business profitability and responsibility to society, is one that is continually challenged through modern business models especially now with the Fourth Industrial Revolution in full throttle. There has indeed been an elevation of the Triple Bottom-Line agenda, “Profit, People, & Planet”. Coupled with the international focus on the achievement of SDG-s, […]

The Effect of COVID-19 on Bangladesh’s Apparel Industry

The Covid-19 pandemic has had a profound impact on the supply chain and demand for the apparel sector. Top exporters like Bangladesh have started feeling the heat due to raw material sourcing challenges and cancelled orders. The performance of the RMG sector is more critical for an economy like Bangladesh, since apparel contributes 84% of […]

Envisioning Mechanization & Innovation In Bangladesh Agriculture

While developing economies shift their focus from Agriculture towards manufacturing and service oriented sectors, the Agricultural sector in Bangladesh is distinguishably salient in terms of how much employment it generates. It is a primary source of livelihood for much of the population, holding approximately 39% of total employment and contributing about 13.07% of total GDP […]

Bangladesh FMCG Industry Tackling COVID-19 Implications

The LightCastle team has been analyzing the macro and industry level picture and possible impacts wrought about by the Covid-19 crisis. Over the following days, we’ll be covering the major sectors shedding light on the possible short and long term ramifications of the global pandemic. Read all the articles in the series. Bangladesh’s Fast Moving […]

Prospects of Plastics Sector: A Rarely Told Story

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 […]

Digital Health Services: A Cure for Healthcare Shortcomings

Since the rapid advancement in information and communication technology (ICT), digital health service has been a widespread concept with enormous opportunities to revolutionize the healthcare sector. It is even more important in developing countries like Bangladesh where the healthcare workforce shortage remains a critical issue. The rising non-communicable diseases (NCDs) such as diabetes, stroke, ischemic […]

Light Engineering Sector: Can It Be Taken Lightly?

Bangladesh, having the apparel sector as the largest source of its export earnings, is in desperate need of diversification for its export basket. One such industry, that has been recognized as the thrust sector, and currently contributing about 2.2% of the GDP, is the light engineering industry. Light Engineering refers to the production of less […]
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