fbpx

The Effect of COVID-19 on Bangladesh’s Apparel Industry

The Covid-19 pandemic has had a profound impact on the supply chain and demand for the apparel sector. Top exporters like Bangladesh have started feeling the heat due to raw material sourcing challenges and cancelled orders. The performance of the RMG sector is more critical for an economy like Bangladesh, since apparel contributes 84% of […]

Envisioning Mechanization & Innovation In Bangladesh Agriculture

While developing economies shift their focus from Agriculture towards manufacturing and service oriented sectors, the Agricultural sector in Bangladesh is distinguishably salient in terms of how much employment it generates. It is a primary source of livelihood for much of the population, holding approximately 39% of total employment and contributing about 13.07% of total GDP […]

Bangladesh FMCG Industry Tackling COVID-19 Implications

The LightCastle team has been analyzing the macro and industry level picture and possible impacts wrought about by the Covid-19 crisis. Over the following days, we’ll be covering the major sectors shedding light on the possible short and long term ramifications of the global pandemic. Read all the articles in the series. Bangladesh’s Fast Moving […]

Prospects of Plastics Sector: A Rarely Told Story

Since the discovery of plastic, rapid commercialization has made plastic products an inseparable part of our lives. In fact, about 359 million metric ton of plastics were produced globally earning USD 13.2 billion in 2018 with a CAGR of 6.5%. Meanwhile, plastic has been recognized as the 12th highest export earning sector in Bangladesh which […]

Digital Health Services: A Cure for Healthcare Shortcomings

Since the rapid advancement in information and communication technology (ICT), digital health service has been a widespread concept with enormous opportunities to revolutionize the healthcare sector. It is even more important in developing countries like Bangladesh where the healthcare workforce shortage remains a critical issue. The rising non-communicable diseases (NCDs) such as diabetes, stroke, ischemic […]

Light Engineering Sector: Can It Be Taken Lightly?

Bangladesh, having the apparel sector as the largest source of its export earnings, is in desperate need of diversification for its export basket. One such industry, that has been recognized as the thrust sector, and currently contributing about 2.2% of the GDP, is the light engineering industry. Light Engineering refers to the production of less […]

Bangladesh Economy at the Confluence of the Global Pandemic

As a nation, we’re at a critical juncture, and the coming days will spell out the direction we would take in our fight against the Covid-19 pandemic. The crisis has an economic dimension, as major sectors, both export driven and domestic market focused, would be impacted by the fallout of the global pandemic. The LightCastle […]

Navigating the bumpy road for startups

The decade starting from 2010 and ending with 2019 saw the emergence of the growth-through-startup model. The idea originated from Joseph Schumpeter, in 1942—that economies and societies are changed by waves of “creative destruction”, with new ideas and innovation changing the way we live. And this was the key idea at the heart of the […]

Medical Equipment Industry: Potential Lifeline for the Healthcare Sector

For delivering and maintaining quality healthcare services, the need for quality medical equipment and devices at an affordable price is essential. From thermometer to pacemaker, all the products that are intended to be used for diagnosis or treatment purposes, are known as medical equipment. The global medical equipment industry stands at USD 425.5 billion and […]

[Presentation] Startup Ecosystem: Bangladesh— Coming of Age

Bangladesh’s startup ecosystem has picked up rapidly since 2013 – driven by participation from angels; rise of eco-system enablers like co-working space, community events, local and global incubators; and a growing active interest from government/development partners. However, major deals and growth have started happening since the end of 2017. While a number of international/local funds […]

Local Consumer Durables Market Dominated by Chinese Brands

Nowadays, it is difficult to imagine an urban home without an air conditioner, fridge, and television. While these products were considered luxuries not more than 10 years ago, today they are normalized to the extent that even many rural homes can be found to have these. The consumer durables market is expansive in its definition, […]

The Bangladesh RMG Sector: The Path to Revitalization

Whenever the agenda of growth-drivers is in focus within the context of Bangladesh, the conversation is rarely bereft of the Ready-Made Garments (RMG) Industry.  In terms of employment, The Center for Policy Dialogue (CPD) reported that the sector employs approximately 3.5 million people, of which, approximately 60.8% are women. The country’s RMG exports make up […]

The Ails of Textiles in Bangladesh: Challenges and Possible Amelioration

Ready-Made Garments (RMG) Industry of Bangladesh is an extremely important growth-driver and has been since it began to thrive in the 1970s as a consequence of the International Multi-Fiber Agreement. The country’s RMG exports make up the majority of its overall exports, standing at 84.21% as of 2018-2019. The Sector also employs approximately 3.5 million […]

E-Waste Management: Time for a Reboot

When a new phone was launched in the market last month and you rushed to buy it, what did you do with your old one? What happened to your old computer which you replaced with a high-end laptop last year? The disposal of these discarded or obsolete electronic products or electrical materials is referred to […]
Join our mailing list to get latest updates at your mailbox.