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ICT Outsourcing: Catering to the Growing Demand

Blessed with the demographic dividend since 2007, with more than half of the population in prime working ages (15-54), the ICT industry in Bangladesh has a tremendous potential in driving the economy of the country. The ICT sector in Bangladesh has grown by 40% annually since 2010. The presence of a high number of young […]

IMF Highlights Weak Financial Sector Against Strong Economy

The state of the Bangladeshi economy has been under increased scrutiny in recent times. The reasons include the due graduation from low-income to middle-income country status and the potential upcoming global recession that may dampen this progress. The International Monetary Fund (IMF) does regular surveillance of its member countries’ economic and financial policies, as per […]

Emergence of the Sharing Economy Defined the Decade

The sharing economy is one of the fastest-growing sectors and trends in the world, expected to be worth $335 billion by 2025. It is one of the many transformative trends created through the Fourth Industrial Revolution. The sharing economy is an umbrella term that includes the gig economy, crowdsourcing, coworking, and freelancing, as well as […]

Smart Urbanization: Is Bangladesh On The Right Track?

Urbanization has been synonymous with the growth of the world economy and the improvement in human lifestyle. It is no surprise that 55% of the world population lives in cities and these cities generate 80% of the world’s GDP. However, while cities have been a powerful tool in the evolution of human civilization, they have […]

Making a Dent in Poverty through Microfinance

With the turn of the new decade, the global agenda of poverty eradication remains just as important a pursuit now as it ever was. The world continues to move towards an age in which the social business model is being reinvented with innovation at regular intervals, and industries are actively encouraged by their governments to […]

Bangladesh Addressing Climate Crisis: Struggling and Surviving through Environmental Adversity

Starting from a school strike, a seventeen-year-old Swedish girl, Greta Thunberg became an iconic figure for climate activists all over the world. By raising her voice loud about the seriousness of the climate crisis, she led a global movement calling for change and demanding immediate actions from world-leaders. Climate change primarily refers to significant changes […]

Tourism: A possible new driver for the economy of Bangladesh

Bangladesh is set to graduate from the least developed country (LDC) category by 2024. While this might show the evolution of the Bangladesh economy, the graduation may cause an irreversible decline to the garments industry which might lose $2.7 billion in export earnings every year after graduation. Thus, Bangladesh needs to start looking for new […]

Structured Poultry Industry Growing in Size

Food is a source of joy for people around the world, but those limited by their resources have to resort to basic staples. This is especially true in developing countries like Bangladesh, where rice and potatoes act as staples. However, these do not satisfy protein requirements which are essential for nutrition and health. The availability […]

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 […]

Bangladesh’s Startup Ecosystem: Coming of Age

One fine morning Dipa, a millennial living in Dhaka, woke up to a clogged toilet. After getting the toilet fixed by requesting plumbing service through Sheba.xyz (online service market) Dipa rushed to work on a Pathao (ride-sharing platform) bike. She jump started the day by ordering a coffee on Hungrynaki (online food delivery company). Later […]

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 […]

Onion Crisis Highlights Weaknesses of Local Commodity Market

Onions are dear to the cuisine of the sub-continent, so a shocking rise of 658% over the past year in the price of local onions alarmed consumers and has become a hotly discussed topic for the entire nation . The steep rise has been attributed to several causes, such as a lack of imports from […]

Shipbuilding Industry in a Slump

As a country rich with rivers and waterways, Bangladesh has been a hotspot for shipbuilding since the Mughal era. Until recent times, it was better known for its shipbreaking industry. Bangladesh became a ship-exporting country in 2008 when orders for multi-purpose carriers began to come largely from European countries such as the Netherlands and Germany. […]

Bangladesh: An Unexpected Leader in Green RMG

Despite being a developing country with a ready-made garments sector that is focused on cheap production, Bangladesh leads the world in “green RMG” . Green RMG, the increase of which has also been termed the green revolution, refers to environmentally-sustainable production practices in the sector. It includes waste management, energy efficiency, and water conservation. As […]
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