Bangladesh Economy

Going up the Ladder: From Least Developed Country to a Developing Country Bangladesh is set to graduate from its status as a Least Developed Country (LDC) in November 2026. After 46 years of being enlisted in the category, the country has met all three criteria as assessed triennially by the Committee for Development Policy (CDP) of the United Nations, […]

The global economy has been undergoing turbulent times over the last couple of years, spearheaded by the pandemic-induced slowdown in 2020 and the resulting supply chain disruptions wrought about by travel restrictions and lockdowns. While the pandemic has receded—facilitated by the invention, mass production, and distribution of vaccines in record time—a number of geopolitical challenges have disrupted economic recovery. The advent of […]

This letter was first published in the Bimonthly Newsletter of September 2022 Dear Friends and Patrons: The global economy has been undergoing turbulent times over the last couple of years, spearheaded by the pandemic-induced slowdown in 2020 and the resulting supply chain disruptions wrought about by travel restrictions and lockdowns. While the pandemic has receded—facilitated […]

LightCastle Partners recently prepared a whitepaper titled “Bangladesh Shrimp Sector: Transitioning Towards Sustainable Growth” that discussed the value chain analysis, recent export trends, bottlenecks for growth, the potential of Vannamei farming, and the future prospects of the Bangladesh shrimp sector. Subsequently, a webinar was organized on August 22, 2022, to share the key findings from […]

Seamless Global, US-Bangladesh Business Council, International Trade Administration, and LightCastle Partners jointly hosted a webinar on 20th April, Wednesday at 9:00 pm. The webinar focused on trade and investment opportunities for US enterprises in Bangladesh. Zahedul Amin, Co-founder & Director at LightCastle Partners joined the webinar as a keynote speaker. We have published the keynote presentation deck here for your […]

This article is part two of a three-part series that divides the impacts of climate change on land, air, and water in Bangladesh. It focuses on all the different ways in which the water cycle is affected by climate change and its impacts on the country. Water covers 71% of the Earth’s surface and makes up 60% of an adult human body. […]

Bangladesh has enjoyed a rapid growth in technological advancement recently with a current internet penetration rate of 60.7%. This has opened up a wide array of opportunities for businesses and services to thrive. One of the most noticeable trends in Bangladesh right now is the rise of digital payments. This change has subsequently spurred a […]

Bangladesh has sustained a high GDP growth over the past decade that has put to bed the old moniker of “basket case” and helped position the country as one of the world’s fastest growing economies. Though the predictions from multilateral organizations for FY20-21 are highly varied from one another, The Bangladesh Bureau of Statistics(BBS) reported […]

India and Bangladesh have been connected to each other through shared values, shared borders, interlinked trade routes and hundreds of years of heritage. India was one of the very first countries to recognize Bangladesh as an independent nation and both the nations have enjoyed good bilateral relations throughout the years. The first official trade agreement […]

Mom-and-Pop shops, commonly known as Mudir Dokan in Bangladesh, have dominated the retail space for ages. Although super markets were predicted to put these shops out of business, that has not been the case in reality. Due to the inability of supermarkets to penetrate the middle class market, Shwapno was the first to set up […]

Supermarkets have changed the way people shop ever since their inception. As the need for convenience increases, more and more supermarkets are gaining popularity. So, it is important to look at how all this started and how that might become relevant for Bangladesh in the future. The Rise of Supermarkets in the US The Start: […]

As part of its record stimulus package, Japan allocated USD 2.2 billion to help its manufacturers shift production out of China back in April. A part of the fund will aid companies to shift manufacturing to other countries in order to diversify production bases across multiple locations.  The move comes as the COVID-19 pandemic caused […]

As a country amidst a demographic dividend, Bangladesh has to closely monitor the employment opportunities of the youth. The United Nations defines Youth to be the part of the population between the ages 15-24. According to the last census, 19.14% of the Bangladeshi population are the youth while 27.29% of the population are between ages […]

Like the rest of the world, Bangladesh is facing an economic crisis due to the COVID-19 pandemic. Lower income groups tend to be more affected by such economic crises than those in the upper income. With growing levels of inequality in the country, the economic crisis due to the pandemic can harm the poor more […]