Agriculture

The global economy has been undergoing turbulent times over the last couple of years, spearheaded by the pandemic-induced slowdown in 2020 and the resulting supply chain disruptions wrought about by travel restrictions and lockdowns. While the pandemic has receded—facilitated by the invention, mass production, and distribution of vaccines in record time—a number of geopolitical challenges have disrupted economic recovery. The advent of […]

About PoultryTechBangladesh: The commercial poultry sector has witnessed impressive growth since the early 1990s through formalization and large-scale investments. Over the last twenty years, the poultry sector has grown in tandem with rising consumer demand, which has contributed to further strengthening of the value chain through the introduction of poultry integrators. The Netherlands is internationally […]

LightCastle Partners recently prepared a whitepaper titled “Bangladesh Shrimp Sector: Transitioning Towards Sustainable Growth” that discussed the value chain analysis, recent export trends, bottlenecks for growth, the potential of Vannamei farming, and the future prospects of the Bangladesh shrimp sector. Subsequently, a webinar was organized on August 22, 2022, to share the key findings from […]

A Brief Historical Emergence of the Shrimp Industry in Bangladesh In the early 1970s, the beginning of commercial shrimp farming started in Bangladesh with 9 fish processing plants being set up in Chittagong and Khulna and that gave rise to the present export-oriented shrimp industry. Since then, commercial shrimp farming slowly started to gain popularity […]

Introduction As one of the fastest-growing economies in Asia, Bangladesh is on track to leave the status of Least Developed Country (LDC) in 2026 . For the country’s economic growth to be sustainable, it needs a reliable energy infrastructure that can keep up with the pace of rising energy demand. In 2022, Bangladesh managed to […]

Life on Earth is only possible because of the atmosphere, so it goes without saying that any change to this security blanket we have has massive impacts on all of humanity. This article is the third of a three-part series detailing the impacts of climate change on Bangladesh. The first and second articles covered the impacts on […]

The Bangladeshi shrimp sector enables livelihood opportunities for millions of people residing in the southern part of the country. Once labeled as the next big export driver, the Shrimp sector is currently at a juncture with two distinct schools of thought: introducing Vannamei (White legged) production in the Bangladesh shrimp ecosystem or pursuing Monodon (Black Tiger) as a premium […]

Covid-19-induced economic distress has added to existing problems such as lack of access to finance, non-tailored financial products, absence of capacity development, poor market linkage, absence of skilled labor, and lack of an export market. According to the Asian Development Bank (RRP Sector Assessment, ADB): The SMEs in Bangladesh account for 70 to 80% of […]

Bangladesh is one of the most prosperous countries in Asia and is expected to become the 26th largest economy in the world by 2030 . Even during the pandemic, while neighboring countries were experiencing a negative trend in their GDP growth rate, Bangladesh’s GDP per capita grew from USD 1,960 in 2020 to USD 2,130 […]

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 […]

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 […]