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 […]

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 […]

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 […]

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 […]

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 […]

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 […]
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