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From an allegedly portrayed “bottomless basket-case” to entering the lower-rungs of middle income economy by World Bank, Bangladesh is often showcased as a success story of development. With sustained 6 percent+ GDP growth rate over a decade, strong infrastructure projects in both power and communication, technology adaptable demographic bulge, density dividend, credit line facilities from […]

The power of mobile phones in an emerging market like Bangladesh go far beyond bringing value added services and simple connectivity to people. According to GSMA and the World Bank, a 1% increase in mobile penetration can lead to an increase in GDP growth rate of 0.28% and for every new job in the Bangladeshi […]

Bangladesh’s economic performance, over the last decade, has garnered praise from the international community. Multilateral development agencies like the World Bank, often pinpoint Bangladesh as an exemplary case for economic development. From being termed a ‘basket case’ – by the then US Secretary of State, Henry Kissinger, in the early 1970s – to achieving continuously […]

Whether it’s milk, chocolate, plain, or cream filled, Bangladeshis loves biscuits, and it’s been driving a 15% annual growth rate in the country[1]. A burgeoning middle class in particular, fueled by greater purchasing power, have turned to biscuits as the go to snack demanding both quality and low prices, leading to businesses turning to automation […]

In 2018, Bangladesh’s market capitalization to GDP ratio dropped down to 17% from 24% in 2014[2]. Rising interest rates, a growing number of non-performing loans, negative risk premiums, record current account deficits, and banking sector turmoil all seem to point in a direction of a financial sector in distress. However, despite all the negativity, there […]

The world is undergoing a transformation in the way that it utilizes energy. Concerns for climate change has pushed many corporations to becoming more conscious of their carbon footprint as governments incentivize green technologies in businesses. The issue has brought global leaders together, and committed to tackling climate change formally through the Paris Agreement to […]

With seven mega projects on way to fast track infrastructural development in Bangladesh, the market for steel, like cement, is one filled with both tough challenges due to the US China trade war and prospects given forecasted double digit growth. Large projects, increasing urbanization, living standards, and stronger purchasing power have all driven growth in […]

Bangladesh is on its way to creating a solid concrete foundation for its future through various mega projects aiming to develop the nation’s infrastructure. With more than $3.5bn budgeted in FY19 for the 7 infrastructure mega projects including bridges, rail lines, power plants, and a metro rail [2], the cement market in the country looks […]

Where We’re At and What It Means In 2017 the US trade deficit with China was $375.6 billion, which is also its biggest trade partner. The US currently has a total $3.9 trillion dollar debt of which China owns 29%, or $1.138 trillion, and US President Trump wants to fix the balance of power China […]

Whether you are a regular tea-drinker in your local area, or live in the city in a newly-constructed house without a gas pipeline, you are familiar with liquefied petroleum gas (LPG) cylinders. Chemically, LPG is a mixture of propane and butane. Although LPG was first introduced by state-owned Bangladesh Petroleum Company (BPC) back in the […]

Bangladesh economy has arrived at the cusp of achieving the middle-income status with a number of indicators matching the graduation requirements. This has been possible due to steady macroeconomic performance led by an impressive growth trajectory. Good performance is reflected in the form of steady sovereign ratings (Moody’s, S&P and Fitch) and growing forex reserves […]

Bangladesh is one of Asia’s buoyant emerging steel markets and has a growing need for raw materials and steelmaking technologies. The movement towards a progressive national economy strongly depends on how the construction materials especially steel related industries have evolved and such products are readily available. Steel is a basic raw material for infrastructural development […]

Bangladesh is a fast growing economy, poised to be the next Asian Tiger. Bangladesh has multiple factors that favor continued strong economic growth –a steady inflation rate of 5-6% in the last five years, and a record high FX reserve of USD 33.5 billion. With a GDP growth rate of 7.3% in the fiscal year […]