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The Covid-19 pandemic is having a major impact on the world we live in. The virus has not only wreaked havoc on our healthcare system, but has devastated the global economy. Amid the economic maelstrom, the Bangladesh economy finds itself in a precarious state, especially due to sagging apparel sales, declining remittances, soaring job losses, […]
Leather & Leather Products industry is export oriented while both domestic & export demand drives footwear industry. The amount of leather produced each year is 350 million Sq. ft.1 Out of the total leather production, 20-25 percent is used to meet the domestic demand while the rest is exported. In the footwear industry, Bangladesh produces […]
The economy of Bangladesh grew at an average rate of 6.5% annually in the fiscal years (FY) from 2009 to 2018.1 In FY2016, the growth rate crossed the 7.0% mark, and the following 2 years saw even higher growth rates of 7.3% and 7.9%. Historically, exports and remittances have been the two key growth drivers for Bangladesh. However, […]