Bangladesh – a small South Asian delta packed with a population of ~165 million – is expected to become the next big South Asian economic superpower. Buoyed by a consistent GDP growth rate, large working population, faster technology penetration and planned infrastructural investments, Bangladesh features as one of the top 17 out of 134 countries in the list of World Bank GEP forecast. Discover our curated library to learn more about Bangladesh’s growth story.
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 analytical report highlights the importance of diversifying Bangladesh’s export base and provides valuable knowledge to take the country’s economy to the next level by better integrating priority sectors with global value chains. The study makes an attempt to identify the advantageous sectors with greater potential to diversify through assistance in the prioritization process, constraint […]
Annual report published by the Ministry of Fisheries and Livestock, Government of Bangladesh.
Currently there are 78 insurance companies including two previously mentioned government owned corporations. Among these, 47 are non-life insurance companies and 31 are life insurance companies. 35 non-life and 12 life insurance companies are listed in the capital market. However, Insurance sector is still undergrown considering the age of privatization and comparing with other constituents […]
Primary objective of the study was to understand the regulatory barriers in launching, operationalizing, pilot-testing and up-scaling of innovative financing products. This study focused on providing practical and effective policy options to the regulators for mitigating challenges, hindering the up-scaling of innovative financing products and delivery channels.
The ADO 2019 provides economic analysis and growth projections for 45 economies in Asia and the Pacific. Its theme chapter analyzes trends in disaster impacts and suggests policies to strengthen disaster resilience. Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020. Excluding Asia’s high-income newly industrialized economies, growth […]
LightCastle Partners co-authored Asian Development Bank’s latest publication titled, “Bangladesh: Computer and Software Engineering Tertiary Education in 2018.” This tracer study, which aims to improve the labor market outcomes of tertiary graduates of computer science and engineering and/or institutes of information technology in Bangladesh, will help in the preparation of a new higher education project […]
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 […]
Developing Asia seems to be on a path of moderating growth as a recovery in global trade and economic activity that began in 2017 loses steam. Estimated regional growth remains robust but slowed in 2018 to 5.9% and is expected to slow further to 5.7% this year and 5.6% in 2020. Minus the newly industrialized […]
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 […]
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 […]
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 […]
