pexels-photo-315658

10% rise in Exports in February

Exports have risen over the month of February by 10.12% to $3.39 billion which is 7.13% higher than the monthly target of $3.15 billion. Exports from the last 8 months of fiscal year 2018-19 increased by 12.98% against the same period of last fiscal year to $27.56 billion which is 7.815 higher than expected amount of $25.56 billion. Garment exports rose
Read more
export earning

Government aims to realise export earnings worth $60b in 3 years

The Bangladeshi government has come up with a host of incentives including low-interest loans under the new export policy to facilitate receipts of $60 billion by fiscal 2020-21. Last fiscal year, exports fetched $36.66 billion, up 5.81 percent from fiscal 2016-17, but fell short of the government's target of $37.5 billion, according to data from the Export Promotion Bureau.
Read more
export earning

Earnings from exports climbs 30pc in October

Export earnings climbed 30.53 percent year-on-year to $3.71 billion in October compared to the same month a year ago on the back of higher shipment of garment items. Apparels, which typically contribute more than 80 percent to the national export, fetched $3.14 billion alone in the month, according to data from the Export Promotion Bureau (EPB) released yesterday. Overall, the country's exports
Read more
dk

LightCaste Partners Reports on Bangladesh Economic Update

LightCastle Partners has recently released an economic update report on “Bangladesh An Emerging Tiger Biding Its Time”. LightCastle Partners provide in-depth analysis and statistics on Bangladesh market and update their report on a quarterly basis. Their reports include data and analysis of consumer preference, market trends, and business models which provide thorough information and helps make effective business decisions for
Read more
Zarif Munir BCG

Zarif Munir Reflects On BCG Report

Written by Zarif Munir Some of the challenges of authoring a publication is ensuring the content is punchy, the title is catchy, and the audience feels engaged.  You never get it exactly right but one measure of success is whether the report is getting people talking. And in many respects BCG’s report on Bangladesh's growing consumer class is certainly getting folks
Read more
RMG

Market Insight: Bangladesh Apparel Sector

Bangladesh’s RMG sector has a bright future as close competitors like China are moving up the value chain, leaving value apparel manufacturing to more cost effective players. Mckinsey, a leading consulting firm, in their recent report on Bangladesh’s RMG sector, has testified to RMG sector’s growth potential as well. According to the report, RMG export is set to grow to
Read more
img-1 copy

Can Bangladesh become a Startup Nation?

Author: Bijon Islam The outlook for the 21st century is going to be increasingly defined by the emerging markets in Asia. However, in stark contrast to its neighboring counterparts – India and China, Bangladesh, currently a factor driven economy, is barely hanging onto the lower rungs of the global competitive index. The obstacles lie in grossly inefficient systems, bureaucratic red tape
Read more
burma-yangon

Foreign Telecom Companies Face Challenges in Myanmar

A year ago, Qatar's Ooredoo and Norway's Telenor had set up shop in  Myanmar. However, six months into their establishment, Myanmar's publicly owned Myanmar & Telecommunications still dominates the local telecom market. MPT currently has more customers than both private and foreign competitors combined. When Telenor and Ooredoo had arrived, many people had lined up to subscribe to their services. The companies
Read more