AgroTech in Bangladesh: How Technology is Disrupting Traditional Agriculture Practices- Part II

The second part of the AgroTech series focuses on mechanisation of farming, access to finance for farmers and new techniques of farming. Mechanisation in Agriculture Mechanisation has been one of the key driving factors in agriculture for a very long time. As technology has progressed, mechanisation has become more efficient and beneficial to all stakeholders. […]

Gearing up for an Automobile Future

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LightCastle Partners collaborated with Auto Rebellion to conduct a study on the automotive industry of Bangladesh, with a particular focus on the passenger vehicle segment, which encompasses sedans or private cars, sports utility vehicles (SUVs), and microbuses or multi-purpose Vehicles (MPVs). LightCastle conducted a number of interviews with exclusive automobile importer-dealers which covered brands that […]

Dissecting the Draft Bangladesh Automobile Industry Development Policy

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LightCastle Partners collaborated with Auto Rebellion to conduct a study on the automotive industry of Bangladesh, with a particular focus on the passenger vehicle segment, which encompasses sedans or private cars, sports utility vehicles (SUVs), and microbuses or multi-purpose Vehicles (MPVs). LightCastle conducted a number of interviews with exclusive automobile importer-dealers which covered brands that captured […]

The Poultry Promise in Visuals

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For years, poultry has been dominating local consumption in Bangladesh. The sector is predicted to experience massive expansion in the coming years, as chicken and egg consumption is ever consistent with the nations’ growing population in tandem with their rising income. The report, “Poultry Sector Study Bangladesh” was created under The Embassy of the Kingdom […]

What’s Next for The Dairy Industry?

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Introduction The dairy sector in Bangladesh has experienced steady growth in the last few decades despite constant challenges. From its humble beginnings as a cottage industry not too long ago, the dairy industry in Bangladesh has evolved with the emergence of multiple home-grown industrial processors. In the context of an economy that is still dependent […]

The Hurdles of Microfinance Institutions in COVID-19: Is There A Way Out?

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The COVID-19 pandemic has brought radical changes to most industries of the country, with some reaching unprecedented heights and some struggling to keep operations moving. The microfinance industry of Bangladesh, unfortunately, falls under the second category. Ever since the emergence of NGOs offering microcredits after the liberation of Bangladesh, sustainable economic development and eradication of […]

Growth of the Natural Skincare Industry in Bangladesh

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Bangladesh is home to a population of over 163 million (2019) people  and in addition, over 33% of the country’s total population represented youth, aged between 18-35 years, in 2017.   According to the Labor Force Survey (LFS) 2017, this age group has an average monthly income in the range of BDT 10,831 and BDT 15,446.[2] In addition, the […]

The Need for Robust Development Approaches in the Haor Region

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Bangladesh’s annual GDP growth rates of over 6% in the 2011-19 has led to higher disposable income and significant human development, especially for the rural population. Agriculture has been a key sector for Bangladesh in terms of poverty reduction in rural areas, with the sector being accountable for reducing 90% of poverty in Bangladesh between […]

Bangladesh Automobile Industry Overview and Emerging Trends

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LightCastle Partners collaborated with Auto Rebellion to conduct a study on the automotive industry of Bangladesh, with a particular focus on the passenger vehicle segment, which encompasses sedans or private cars, sports utility vehicles (SUVs), and microbuses or multi-purpose Vehicles (MPVs). LightCastle conducted a number of interviews with exclusive automobile importer-dealers which covered brands that […]

Padma Bridge Gives Rise to Abundant Possibilities

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Construction of the Padma Bridge has been a dream for many especially for the ones born and bred in the southern region of Bangladesh. Such an infrastructure is projected to benefit the economic activities all over the country through a multiplier effect. Bringing huge change to the economy, the bridge is estimated to elevate national […]

How Might the Bangladesh Economy React to the Second Lockdown?

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We’re entering another round of Covid induced lockdowns from 14th April, as the country has been witnessing another surge in infection rates. As of today (April 13, 2021), 6,028 individuals have been newly infected with Covid with 69 deaths; an eleven-fold increase in new infection numbers compared to a month back. But the question is, are […]

Mental Health Platforms in Bangladesh: Much Needed Progress

About 2.25 crore people in Bangladesh have been found to be suffering from about 13 types of mental disorders from a government survey conducted in 2019. Besides the adult population, 13.6% of children aged between 7 and 17 were also found to be suffering from mental disorders. More alarmingly the survey found that 92.3% of […]

Understanding what a “BB-” Fitch Rating Means for Bangladesh

A sovereign credit rating is an independent assessment of a government or sovereign entity’s creditworthiness. Sovereign credit ratings may provide investors with information into the degree of risk, including any political risk, involved with investing in the debt of a given country. The degrees take into consideration a lot of factors including inflation rate, economic […]

RCEP Agreement: Vietnam’s gain, Bangladesh’s loss?

The Regional Economic Partnership Agreement (RCEP) is the world’s largest trade agreement, covering 30 percent of global GDP and 27 percent of global merchandise trade. Signed in November 2020, the trade bloc comprises 15 members, including the 10 nations of the Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia, and New Zealand. […]

Digital Payments in Bangladesh: A Road to Growth and Stability

Bangladesh has enjoyed a rapid growth in technological advancement recently with a current internet penetration rate of 60.7%. This has opened up a wide array of opportunities for businesses and services to thrive. One of the most noticeable trends in Bangladesh right now is the rise of digital payments. This change has subsequently spurred a […]
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