In Bangladesh, we cannot think of a holistic economy without attending to the CMSME sector. From rural artisans to urban tech start-ups, CMSMEs are everywhere, creating jobs, generating income, and driving inclusive growth. Over the past decade, it is evident that the Bangladesh Bank, along with private commercial banks, has made significant strides in improving access to finance. This effort continues to evolve.
Our country has long been recognised for its abundant labour force. In addition, this abundance has often been labelled as “cheap labour”, a term that underscores a missed opportunity for a prospective nation.
Bangladesh is on the verge of graduating from the least developed country (LDC) category in 2026, which will be a significant milestone in the history of its economic journey.
Years of corruption, mismanagement, fragile governance and bank looting have left several banks in distress in Bangladesh.
Remarkably, the pandemic has acted as a blessing for digital services and dramatically transformed our financial setting, steering it in a nature where digital banking has renewed as an easy solution in our everyday lives.
Since the country’s independence in 1971, small and medium enterprises (SMEs) have played a pivotal role in GDP growth, employment, income generation, and local development.
Starting from the pandemic in 2020, Bangladesh as a nation has gone through a number of incidents in the last five years followed by the Ukraine war, interest rate capping, dollar crisis, high inflation, sluggish GDP growth, banking sector exploitation, intense corruption in different layers and lastly the political changeover in August.
Talking about any industry from anywhere on the globe, customer loyalty stands as the foundation for a stable and long-term business venture. Considering Bangladesh, where market dynamics are very complex and rapidly evolving, nurturing customer loyalty is more crucial.
Digital banks operate exclusively online without traditional physical branch networks. Traditional brick-and-mortar banks have high operational costs,
Since the start of human civilization, our world has thrived on innovation. Innovation is an ever-evolving concept, constantly changing as new ideas take shape. It solves problems and drives progress, moving our world forward generation after generation.
Understanding the game of marketing is more important for a startup than for an enterprise that is already in a stable position. Still, we see top-rated companies are more engaged in marketing activities compared to startups.
Businesses are set up to make a profit. We all understand that. But to what extent that profit would be made?
In the modern era, internet gives us huge opportunities such as being connected with people all around the globe, creating, sharing and disseminating content, gaining and searching for information, and keeping us up-to-date. Nevertheless, there are indisputable outcomes due to the widespread development of internet where an extensive use of social media is at the top.
A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.
On many occasions, we discussed how to set up a small and medium enterprise, how to formulate a good business plan, startup strategies, digital marketing, cost management and so many things.
The consequence of Covid-19 is not only limited to human health and well-being; the economy has been disrupted in a massive way.
One of the greatest progresses of communication in the modern era is the spread of the web or social media around the globe. The express evolution of cybernetic platforms has substantially reformed social behaviour and significantly transformed the characteristics of human activity, behaviour and ways of interaction.
Entrepreneurship is always one of the toughest careers to select as a profession. The task of establishing a new company from its grassroots is really a tough challenge for any individual with zero experience in business.
