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Bangladesh’s Performance in the Latest Global Competitive Index 2018
The Global Competitive Index 4.0 assessed 140 countries based on set of factors critical for productivity ranking Bangladesh to be 103rd –which is one step lower from last year’s 102nd position. The index integrates well established aspects in assessing the economies across 98 indicators under 12 pillars, with focus on Institutions, Infrastructure, ICT Adoption, Macroeconomic […]
| October 28, 2018

Economic Update: July 2018
Bangladesh economy has arrived at the cusp of achieving the middle-income status with a number of indicators matching the graduation requirements. This has been possible due to steady macroeconomic performance led by an impressive growth trajectory. Good performance is reflected in the form of steady sovereign ratings (Moody’s, S&P and Fitch) and growing forex reserves […]
| October 15, 2018

RMG and Textiles Sector in Bangladesh
Bangladesh’s RMG sector has been playing a pivotal in facilitating country’s export earnings, contributing 83.4% of the country export (source: EPB), apart for generating employment to the tune of 4.4 million, 80% of which are women. (Source: WB). Considering the sector’s importance to the country’s economic stability, ensuring steady growth for RMG export in the […]
| September 27, 2018

Bangladesh Banking Sector Stuck in a Quagmire [Infographic]
Bangladesh’s banking sector has been in free-fall due to rising non-performing loans from both state and private banks alike. According to Bangladesh Bank, the total NPL combined from the 8 state-owned, 40 privately owned and 9 foreign banks stood at BDT 803.97 billion as of September 2017. This is in total 10.67% of all outstanding […]
| July 24, 2018

LightCastle Business Confidence Index 2017-18 [Infographic]
Infographics LCP Business Confidence Index
In 2017, LightCastle Business Confidence Index signified a cautiously optimistic confidence level of +43, on a scale of -100 to +100, compared to low to moderate confidence of +39 in 2016. A survey of 102 CxOs/Leadership Team were conducted to assess the factors that influence the overall direction and growth trends of the economy. The […]
| July 24, 2018

Emerging Trends Impacting Bangladesh’s Remittance Flow
Global remittance flow has declined for two consecutive years- for the first time since the turn of the millennium. The last time there was a decline- it was during the global financial crisis. The World Bank expects world remittance to rise to a record high of 600 billion dollars in 2018, suggesting that the current […]
| August 22, 2017

One Belt, One Road Initiative: How Bangladesh can benefit through the new horizon of regional co-operation
The recent SCO (Shanghai Cooperation Organization) summit, taking place on 8th and 9th of June, 2017, saw heads of states from Russia, India, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan, and China but it also solidified the paradigm shift of world power in terms of trade, infrastructure, fuel, energy, transportation, development, and finance. As Bangladesh is becoming a part […]
| June 19, 2017

Labor Force Survey Bangladesh 2015-16: Economic Realignment Imperative for Addressing Unemployment
Bangladesh Bureau of Statistics (BBS) has published the latest labor survey, “Quarterly Labor Force Survey Bangladesh 2015-16”. The objective of this report was to accumulate data on the labor force of Bangladesh (Aged 15 and above) and the employment trends. BBS has segregated their labor force data in 13 components. These are general population, labor […]
| June 8, 2017
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