bangladesh

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Emerging Trends impacting Bangladesh’s Remittance Flow

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(…)

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| Estimated reading time: 6 minutes

Market Insight: Bangladesh Feed Industry

Market Insight: Bangladesh Feed Industry

INTRODUCTION Bangladesh, with its rural and agro-based economy, has always been plagued with problems such as malnutrition, high levels of unemployment, and poverty. With the objective of alleviating the protein deficiency of the people and solving the unemployment problem to some extent, in the last 30 years, private investors have taken up the mantle to(…)

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LightCastle Economic Update- April 2016

LightCastle Economic Update- April 2016

Bangladesh economy has exhibited impressive growth over the last decade despite myriad challenges. Rising GDP and stagnating population growth have contributed to rising per capita income – exceeding lower income threshold. Growth prospects for 2017-18 is upbeat with ADB, World Bank and Government forecasts predicting GDP growth to hover within the 6-7% range. Recent regional connectivity agreements with neighboring(…)

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| Estimated reading time: 7 minutes

Bangladesh Healthcare Industry: The Thriving Industry that is Growing Faster than the GDP

Bangladesh Healthcare Industry: The Thriving Industry that is Growing Faster than the GDP

  1.    Background There’s a popular saying, “If health is lost, something is lost but if character is lost, everything is lost”. I, personally, don’t want to agree to this – not in a sense that losing character is of less significance, rather, in a sense that if you lose health, you will lose the(…)

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Market Insight: Bangladesh Furniture Industry.

Market Insight: Bangladesh Furniture Industry.

The furniture industry in Bangladesh has been experiencing healthy growth over the last 6 years. The domestic market is exhibiting an upward trend and is currently worth BDT 67 Billion. (Source: EU Technical Report, 2012) Also, within that time, exports of wooden furniture has increased by CAGR 104% to USD 38.94 Million (source: EPB), while the(…)

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Regional Connectivity: Bangladesh’s Trump Card

Regional Connectivity: Bangladesh’s Trump Card

The year is 1688. Captain Charles McDowell is examining the battleships stationed at the port 2 miles inland, sweat pouring down his face from the beating sun. He is trying to contemplate strategies on winning this crucial port for Mother England in order to allow his East India Company to trade more freely in spices(…)

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The World in 2050 and Bangladesh’s Standing

The World in 2050 and Bangladesh’s Standing

In the latest report– ‘World in 2050’ published by PWC, a professional services organization; projected economic growth for 32 of the largest economies would account for 84% of global GDP. Although PWC predicts a slowdown in the growth rate of the global economy after 2020 (as a result of moderate growth and also the aging(…)

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Shifting Sand of Global Apparel Market and Bangladesh’s Game Plan

Shifting Sand of Global Apparel Market and Bangladesh’s Game Plan

Bangladesh Apparel sector has presented itself as a matured contributor to country’s export and growth, contributing to 81% of country’s export (USD25.4 Billion FY14-15) and employing 4.2 million workforce.  The sector’s meteoric rise in global apparel market in early 90s onwards has been augmented by inexpensive labor, favorable government policies and preferential trade agreements. Bangladesh(…)

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Why ‘Going Mobile’ is the mantra for the Digital Economy

Why ‘Going Mobile’ is the mantra for the Digital Economy

Bangladesh’s growth story can be explained in a number of ways. With steady and consistent growth (+5% GDP Growth) over last one decade, the economy has slowly graduated to the lower-middle income level rung crossing the threshold of USD 1,000 per capita. If the economy can maintain momentum, it will be easy to attain the(…)

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| Estimated reading time: 4 minutes

Digital Bangladesh in the Making – Part 1

Digital Bangladesh in the Making – Part 1
[In this first of the 2 part series blog, I will unfold some great stories of technology landscape in Bangladesh and how they are having an impact on the making of Digital Bangladesh] As an emerging economy Bangladesh has embraced technology at a rapid pace. The penetration of the telecom sector, mobile commerce and advent of internet(…)

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