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Navigating Through Global Headwinds
Aerial view of cargo ship and cargo container in harbor.
This letter was first published in the Bimonthly Newsletter of September 2022 Dear Friends and Patrons: 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 […]
| October 4, 2022

The Impact of Climate Change on Bangladesh (Part III: Air)
climate-change-air-lightcastle
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 […]
| August 28, 2022

Why Are CMSMEs Deprived of Access to Finance?
CMSMEs Deprived of Access to Finance
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 […]
| August 17, 2022

Fostering Disability Inclusion Through Electric Vehicles
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Leave No One Behind Electric vehicles (EVs) have been making headlines globally for quite some time now. Despite the industry’s swift progress across several countries, it has not been able to fully integrate the “Whole of Society” approach. With that being said, the economic value of physically disabled individuals is highly underappreciated, especially in developing […]
| August 8, 2022
LightCastle COVID 19 Series – 2020
Report
LightCastle COVID 19 Series – 2020
by

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, […]

  • Published on: June 11, 2020

Brain Drain Creating Dangerous Skill and Expertise Gaps In Bangladesh
“Brain drain” refers to the flight of human capital from developing countries to developed countries in the search for better opportunities and futures. Often, poor conditions in the home country such as war or political instability are also to blame, which is the case particularly in the Middle East. Genocide, discrimination, and disease have also […]
| January 14, 2020

Foreign Labour Market: Sustainability Through Skilled Labour
Remittance from foreign labourers is the second highest source of foreign currency earnings for Bangladesh. However, since a major portion of the earnings from the highest source, i.e., RMG, is spent buying raw materials, remittance is the largest source of net foreign earnings. Globally, Bangladesh secured the 9th highest position in remittance earnings for 2018. Remittance […]
| January 2, 2020

Labor Force Survey Bangladesh 2015-16: Economic Realignment Imperative for Addressing Unemployment
Bangladesh Bureau of Statistics (BBS) has published the latest labor survey, “Quarterly Labor Force Survey Bangladesh 2015-16”. The objective of this report was to accumulate data on the labor force of Bangladesh (Aged 15 and above) and the employment trends. BBS has segregated their labor force data in 13 components. These are general population, labor […]
| June 8, 2017
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