fbpx

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 […]

Digitalization of the education system- why hasn’t Bangladesh achieved it yet?

The COVID-19 pandemic has caused the shutdown of educational institutions throughout the world. In Bangladesh, educational institutions have been closed since March 17. The Ministry of Education has decided to impose the shutdown until May 31. However, Prime Minister Sheikh Hasina has informed the shutdown can continue until September provided the situation does not improve. […]

From Push Carts to Playstores: Shifting Consumer Trends in Grocery Retail Industry Amidst COVID-19

While the consumers have been cutting back on most of their purchases during the COVID-19 outbreak, grocery retailers are winning out. The overwhelming demands for grocery shopping which started with ‘panic buying’, now appears as a logical consumption strategy to survive in the lockdown. The impact in consumer sentiment is highly noticeable in the grocery […]

Impact Bonds: An Unutilized Way To Mobilize Funds ?

As the pandemic has swept through the country, the need for compassion for a comparatively impoverished country like Bangladesh is starting to prove ever necessary. The affluent portion of the population has not disappointed so far. We have seen organizations like BRAC and Bidyanondo collect donations of crores during this lockdown period. We have also […]

Success from Lockdowns : Countries that Contained COVID-19

213 countries have reported more than 4.5 Million cases of COVID-19 (as of 16th May). The fight against this pandemic has been very difficult, and governments around the world are struggling to save the lives of the people through different policies. Although most countries have failed to control the outbreak, some have been very successful […]

E-Commerce in Bangladesh Struggling to Capitalize on Opportunity

As the ramifications of the COVID-19 crisis continue to be felt across the world, entire industries are struggling under the weight of demand downturn, labor shortages and inability to maintain their supply chain processes. However, demand downturn has not been the issue of primary concern for all industries. One such industry would be E-Commerce, which […]

COVID-19 & Tourism: A Tragic End to the Thriving Industry?

The adverse impact of the COVID-19 pandemic can be observed in almost every economic sector more or less, but the tourism sector undoubtedly tops the list. Before the pandemic, the global tourism sector was growing significantly at more than 3.5% growth while the global economy grew by 2.5%. With airplanes being grounded and the luxury […]

Implications of COVID-19 on the Software Industry

Current Scenario of the Industry The IT sector has been one of the most booming sectors for the rapidly growing economy of Bangladesh. The government has declared this as a thrust sector to meet its goal of a ‘Digital Bangladesh’ by 2021. The sector has witnessed 8.6% CAGR globally over 5 years reaching a value […]

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 […]
Join our mailing list to get latest updates at your mailbox.