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Bangladesh Fisheries Sector: Growth Prospects and Opportunities

Bangladesh’s agricultural sector contributes 14.2% of GDP,[1] employing 47% of the working population[2], with 17 million people (1.4 million women) depending on fisheries sector for their livelihoods through fishing, farming, fish handling, and processing. Agricultural sector has experienced significant growth over the last couple of decades, with the fisheries sector following suit. According to the […]

Is e-commerce at the brink of scaling up?

E-commerce in Bangladesh dates back to as far as the late 90s, however, there was no real growth or potential in the market during the time. The industry began to grow after 2009 when Bangladesh Bank began allowing online payments. Payment aggregators like SSL Commerz became visible and early e-commerce websites like ajkerdeal, rokomari, and […]

Global Ride-Sharing and Opportunities in Bangladesh

Global ride sharing economy picture Over the past few years, the ride-sharing industry has taken the global road transportation market by storm and has gained popularity, primarily because of companies devoted to making transportation more reliable, safe, and enjoyable. Ride sharing, till date, contributes to the biggest share of sharing economy valuation globally. The global […]

US-China Trade War: Bangladesh’s Golden Goose

Where We’re At and What It Means In 2017 the US trade deficit with China was $375.6 billion, which is also its biggest trade partner. The US currently has a total $3.9 trillion dollar debt of which China owns 29%, or $1.138 trillion, and US President Trump wants to fix the balance of power China […]

Digital Financial Service: Expanding Role of Institutional Players

digital financial services in bangladesh
As of 2018, Bangladesh has a lot to be proud of. We have entered the lower rungs of middle income nation as per World Bank, have maintained a gross domestic product (GDP) growth rate that is second in the region, with a GDP of $250 billion+ it is the 34th largest economy and we have […]

From Cooking to Cars: LPG is the fuel for tomorrow’s Bangladesh

Whether you are a regular tea-drinker in your local area, or live in the city in a newly-constructed house without a gas pipeline, you are familiar with liquefied petroleum gas (LPG) cylinders. Chemically, LPG is a mixture of propane and butane. Although LPG was first introduced by state-owned Bangladesh Petroleum Company (BPC) back in the […]

Doing Business 2019: How is Bangladesh doing?

Ease of Doing Business in Bangladesh
Bangladesh has been hovering at the bottom rung in the doing Business ranking, according to the flagship publication of The World Bank Group. – ‘Doing Business 2018’. From Afghanistan to Zimbabwe, 190 economies have been compared, among which, Bangladesh has been ranked 176th for ease of doing business. The report attributed the marginal improvement of […]

FDI Inflow growing at a decelerated rate in 2017-18

Bangladesh is facing a lethargic growth in terms of FDI owing to the fact that it has poor governance, inadequate supply of energy and security, coupled with deficiency in infrastructure, corruption and political uncertainty. The FDI grew only by 5.11 per cent in fiscal year 2017-18 to $2.58 billion from last year’s $2.45 billion – […]

Strengthening Textile Backward Linkage through Domestic Cotton Production

Bangladesh, the largest cotton importer of the world, up till 2017, could meet 1% of its cotton demand despite being an agriculture based country. Currently, Bangladesh imports USD 3 billion worth of cotton a year. Stable and controlled cotton supply is an essential need for the burgeoning RMG sector, which contributes 82% of the country’s […]

Country’s foreign debts rise by 141 percent

Bangladesh's External Debt
Bangladesh, which is on the brink of graduating to the Middle income tier within the next decade is facing a stern task in maintaining its finances, because most of its foreign funding is adding up to a potential debt trap for the country. Bangladesh’s external debt conditions, as reports from the Central Bank suggest, that […]

Business Confidence Index: Agriculture and Pharma [Infographic]

Business Confidence Index Bangladesh Pharma
According to LightCastle Business Confidence Index 2017-18, Agriculture and Pharma industries are high potential economic engines for Bangladesh. Pharma is eyeing the global market while agriculture will experience cross-cutting with technology adoption and mechanization. This infographics shows the perception of industry experts on these two industries.

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 […]

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 […]

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 […]
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