Pandemic

The Coronavirus Pandemic has taken a hefty toll on the world’s economies. Prolonged lockdowns, uncertainty about the future, and loss of lives, accumulated as ingredients for a depressed economic outlook. Consequently, this resulted in a sharp fall in global consumer spending of USD 3.3 trillion , a distressed supply chain , rising global food prices, and expansionary policies by almost all governments […]

The recent coronavirus-induced shutdowns throughout Bangladesh have caused an estimated loss of BDT 565.36 billion (USD 6.66 billion) between March and May 2020 for the businesses working in agriculture, fisheries, and meat producing sectors. Nation-wide disruptions have resulted in restricted access to agricultural products, markets, and advisory services. Under these circumstances, it is important to […]

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 […]

The world is in unprecedented territory due to the COVID-19 Crisis in 2020. Asian Development Bank (ADB) estimates that the world can lose 0.089 percent to 0.404 percent of its GDP due to the outbreak, which is between USD 77 Billion and USD 347 Billion in monetary terms. The impact of the outbreak reached Bangladesh […]

The dream of shifting towards a digital economy has been deeply seated in the vision of ‘Digital Bangladesh’ which reflected on the increasing digital transactions within the country. Since March 2020, the COVID-19 pandemic has steered the nationwide social and economic lockdowns and pushed the economy on the verge of collapsing. However, this has led […]

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 […]

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 […]

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 […]

While the world today is shaken by the recent COVID-19 outbreak, history reveals that pandemics are rare, yes, but they do occur periodically. The year 2018 was the 100th anniversary of one of the most devastating outbreaks in centuries, Spanish flu, also known as the mother of all pandemics.  The last century has also witnessed […]