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Potential for Growth: Transforming Bangladesh’s Insurance Sector
Potential for Growth: Transforming Bangladesh’s Insurance Sector

The role of insurance in managing risks in an economy cannot be overstated. At a micro level, insurance safeguards households and companies from a myriad of risks. From a macro perspective, it reduces the financial burden on a government and creates a stable environment in which businesses can thrive and succeed. While Bangladesh has taken […]

  • Published on: July 24, 2019
Bangladesh Telecommunication Industry-A Comprehensive Review 2019
Bangladesh Telecommunication Industry-A Comprehensive Review 2019

The country’s march towards materializing its vision ‘Digital Bangladesh’ has brought impressive growth in the telecommunication and information technology sector. The country’s active mobile subscriber penetration reached to 93.4% from meagre 30.6% in 2008. Bangladesh is now the eighth-largest mobile market in the world in terms of unique subscribers and the sector now contributes almost […]

  • Published on: July 16, 2019
Bangladesh Power Sector Overview-2018
Bangladesh Power Sector Overview-2018

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 […]

  • Published on: July 16, 2019
Bangladesh RMG & Textile Industry Review 2018-19
Bangladesh RMG & Textile Industry Review 2018-19

Textile sector in Bangladesh is comprised of two divisions. They are- Primary Textile Sector (PTS) and export oriented Ready Made Garments (RMG). Over last 35 years (from 1983-84 to 2017-18), CAGR of RMG export was 21.71% where CAGR of export was 11.50%. In the recent concluded financial year, contribution of RMG sector to the total […]

  • Published on: July 16, 2019
South Asia Economic Focus
South Asia Economic Focus

South Asia remained the fastest growing region in the world last year, but growth remained driven by domestic demand – and not exports – which resulted in another year of double-digit volume growth of imports. The value of imports was further pushed up by rising oil prices. The widening current account deficits became more difficult […]

  • Published on: May 5, 2019
Digitizing Merchant Payments in Bangladesh
Digitizing Merchant Payments in Bangladesh

Since mobile money was introduced in Bangladesh in 2010, there has been a rapid increase in the use of mobile financial services. Today, the mix of a large population without access to financial services, a limited financial infrastructure, and a relatively high penetration rate of mobile phones has ensured that mobile payments have the potential to reshape the way Bangladeshis do business.

  • Published on: April 24, 2019
World Bank Bangladesh Development Update
World Bank Bangladesh Development Update

This report provides an assessment of the state of the Bangladesh economy, outlook, risks, and the key reform challenges the economy is currently facing. The coverage includes developments in the real sector focusing on growth and its components; inflation; monetary and financial sector developments; external sector developments focusing on the balance of payments, foreign exchange […]

  • Published on: April 18, 2019
Developing the Leather Industry in Bangladesh
Developing the Leather Industry in Bangladesh

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, […]

  • Author: Soon Chan Hong
  • Published on: February 26, 2019
Bangladesh Cement Industry: Resilient; Better Days Await
Bangladesh Cement Industry: Resilient; Better Days Await

Despite getting battered by skyrocketing raw materials price, escalating interest rate, price hike of complementary goods, overcapacity and weakening domestic currency, Bangladesh cement industry posted around 9% growth YoY in 2018. Annual consumption of cement stood at about 31 million. Bangladesh exported cement worth US$12.59 million during FY17-18, compared to US$9.58 million earned in the year before. This represent […]

  • Published on: February 26, 2019
Toward a Blue Economy: A Pathway for Sustainable Growth in Bangladesh
Toward a Blue Economy: A Pathway for Sustainable Growth in Bangladesh

This report aims to synthesize current theory and practice of the blue economy concept to govern economic activity linked to the ocean, and to provide a framework for the Government of Bangladesh to analyze its potential. With the peaceful resolution of maritime boundary disputes with its neighbors in 2012 and 2014, the Government has recently […]

  • Author: Pawan G. Patil; John Virdin; Charles S. Colgan; M.G. Hussain; Pierre Failler; Tibor Vegh;
  • Published on: February 20, 2019
Doing Business 2019 : Training for Reform – Bangladesh
Doing Business 2019 : Training for Reform – Bangladesh

Sixteenth in a series of annual reports comparing business regulation in 190 economies, Doing Business 2019 covers 11 areas of business regulation. Ten of these areas – starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency – are […]

  • Published on: February 18, 2019
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