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Navigating COVID-19: A Resilient Agriculture Sector to Address the Exposed Frailties

The recent coronavirus-induced shutdowns throughout Bangladesh have caused an estimated loss of BDT 565.36 billion (USD 6.66 billion) between March and May 2020 for the businesses working in agriculture, fisheries, and meat producing sectors. Nation-wide disruptions have resulted in restricted access to agricultural products, markets, and advisory services. Under these circumstances, it is important to […]

COVID-19: A Wake-up Call for Global and National Supply Chains

Global trade has been hit at an unprecedented speed and scale by the COVID-19 pandemic. A survey by the Institute for Supply Management conducted in March indicates that 75 percent of the companies reported supply chain disruptions in some form due to coronavirus-related restrictions. These companies with global supply chains faced an initial negative supply […]

COVID-19 Brings Winds of Change in Globalization

According to the International Monetary Fund (IMF), the global economy is about to shrink by more than 3 percent in 2020, the sharpest slowdown since the Great Depression in the 1930s. With vaccines at least 12-18 months away and natural immunity at least 2 years away, this outbreak is proving to be a stress test […]

COVID-19 Catalyzes a New Wave of Digital Transformation

The COVID-19 pandemic has put everyone in a quagmire no one knows the way out of. In order to survive the sudden economic shift from physical to digital, people are adopting innovative ways of doing business and connecting with everyone. Now, digital transformation is not just a prospect but a much-needed action for many industries […]

The Airline Industry under Severe Threat due to the COVID-19 Outbreak

The International Air Transport Association (IATA) released an analysis on April 14, 2020 showing that airline passenger revenues will spiral down by USD 314 billion in 2020, a 55 percent decline from 2019, due to the outbreak of COVID-19. Passenger demand is expected to decline by 48 percent from 2019 in 2020 due to two […]

Bangladesh’s Road to Adoption of Electric Vehicles

There are now more than five million Battery Electric Vehicles (BEVs) on the roads worldwide.Two million have been sold globally in 2018 alone, whereas the number of BEVs sold stood at just a few thousands in 2010. By definition, EV refers to an electrically-driven vehicle which uses one or more electric motors for its propulsion. […]

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 […]
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