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Bicycle Industry in Bangladesh: Pedalling into Global Market

In a traffic-congested and extremely polluted city like Dhaka, bicycles remain an affordable green mode of transport. In Bangladesh, the number of bicycle users has been increasing rapidly due to the traffic congestion and rising purchasing power in the capital. According to Bangladesh Bicycle Merchant Assembling & Importers Association (BBMAIA), the local market demands nearly […]

Bangladesh Ceramic Industry: Posing Promising Potential

The ceramic industry has been one of the burgeoning manufacturing sectors of Bangladesh. Local demand for ceramic products continues to grow as the country experiences steady economic growth and urbanization. Not only is the industry catering to 85% of the local demand, but also serving a major portion of the export market: progressing towards being […]

The Smartphone Market Ecosystem of Bangladesh

Once considered a luxury, mobile phones today are essential in every household and one of the most reliable factors for fast communication. People around the world spend an average of 3.25 hours on their phones every day, with the top 20% smartphone users spending upwards of 4.5 hours in a day. Mobile phones now foster […]

Smart City in the City – Opportunity Space for Bangladesh

From Digital to Smart Rapid advances in technology are reshaping economies all over the world and Bangladesh is no exception. However, Bangladesh is interesting because of three critical factors – our demographic bulge (63%  below the age of 35) makes technology adoption lightning fast, rapid urbanization makes the capital an hotbed for talent driving economic […]

Fair Trade: A Gateway to Equity

Fair Trade is an institutional arrangement which ensures ethical consumption by ensuring better prices, decent working conditions and a fairer deal for farmers and workers in developing  and under-developed countries. Fair Trade products are usually sourced from developing or under-developed countries and are sold in developed countries. It works by charging a premium for its […]

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 […]
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