Bangladesh has had a robust growth in the SME sector over the last decade. The sector currently accounts for over 25% share in the GDP (Rahman, 2022). A total of 7.5 million SMEs including CMSMEs accounts for almost 97% of all enterprises in Bangladesh (Hossain, 2021). The sector also employs
DataSense interviewed a leading economic expert, Professor Mustafizur Rahman, to identify the core challenges confronting the Bangladesh National Budget for Fiscal Year (FY) 2024-25. The discussion focused on how to restore the economy’s foundational strengths and prepare for a critical transition in global trade. His insights are originally published in
NEET or youth not in education, employment or training has been a focal point for several studies pertaining to the labor dynamics. The constraints of determining what constitutes as employed, unemployed, underemployed or even looking for work has given rise to the concept of NEET. Author: Shahriar Rabab It is
With over 30% of the population under the age bracket of 24, Bangladesh is an emerging and fast-growing economy with a relatively young population.However, are we harnessing the full potential of this young workforce effectively? Author: Mubassira Tabassum Hossain, former Knowledge Management & Communication Associate at DataSense The demographic dividend
The graduation of Bangladesh from the least developed country status is imminent. At present, Bangladesh enjoys the advantage of preferential market access in various nations, but upon gaining graduation status in 2026, its exports will no longer qualify for eligibility. Policymakers are concerned about this development because they believe that
The following chart outlines the regulatory frameworks governing the working conditions in some of the most common destination countries for Bangladeshi labour migrants. It shows the migrant friendliness of the regulatory approach that these country takes. This chart can be useful for prospective migrants when deciding where they want to
Graduation from LDC status is indicative of a country’s progression toward economic and social development, enabling its transition to middle-income status. The most recent triennial assessment conducted by the Committee for Development Policy (CDP) has confirmed that Bangladesh has met the criteria for exiting the LDC category, including the three
Bangladesh has accomplished a remarkable development in achieving Sustainable Development Goals (SDGs). In the SDG Index 2023, the country has achieved the 101st position out of 166 countries on the sustainable development report. It has achieved an overall score of 65.9 out of 100. In the previous year, the score
The onset of gig platforms is not yet a decade old in Bangladesh, however the country has seen a significant growth of the platform economy. While men are usually working on ride booking and delivery platforms, women are more likely to be seen on platforms that provide domestic work, beauty
In Bangladesh, the Small and Medium-sized Enterprises (SMEs) sector employs more than 7.8 million people directly and about 3.2 million people indirectly. The SME sector contributes to one-fourth of Bangladesh’s GDP, and a decent portion of these SME owners are women (SME Foundation). However, many female entrepreneurs often face difficulties
