Category: Economy

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Bangladesh’s Leather Industry: Charting a Sustainable Export Future

Bangladesh’s leather industry is a vital export sector, targeting $5-10 billion in annual exports by 2035. While leather footwear exports are surging, other segments like finished leather and leather goods face significant challenges.
Key hurdles include the dysfunctional Central Effluent Treatment Plant (CETP) at Savar, which impedes crucial Leather Working Group (LWG) certification and costs millions in lost revenue. Issues with raw hide quality and stringent international regulations like REACH and the upcoming EU Deforestation Regulation (EUDR) further demand robust traceability and compliance.
Despite these challenges, immense opportunities exist. We can unlock greater value by focusing on high-end finished products, adopting eco-friendly tanning methods, and investing in innovative plant-based leather alternatives. Strategic investments in technology, skilled workforce development, and digital transformation across the supply chain are essential.
Realizing this sector’s full potential requires a coordinated effort from government, industry, and academia. How do you see Bangladesh overcoming these obstacles to become a global leader in sustainable leather production?

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The Unfolding Landscape: A Holistic View of Bangladesh’s Insurance Industry

Bangladesh’s modern insurance industry began in 1972 with the nationalization of 49 entities under five state-owned corporations. Post-1990 reforms allowed private insurers to reinsure 50% of their business, leading to significant private sector growth and an 88% market share by 2004.
Currently, Bangladesh has 81 to 82 insurance companies: 35 to 36 life insurance firms and 44 to 46 non-life (general) insurance entities. These collectively cover approximately 18.97 million individuals.

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Bangladesh’s Visa Crisis: Understanding the Denials and Desperation

Bangladesh, a nation of over 173.5 million, relies heavily on overseas migration. With hundreds of thousands of young people entering the workforce annually, and domestic job creation struggling to keep pace, going abroad isn’t just a choice – it’s often a necessity. Low-skilled workers can earn four times more overseas than at home, making migration a powerful economic lifeline.

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Bangladesh’s Freelance Revolution: Empowering Youth, Fueling the Economy

From bustling city cafés to quiet village homes, a silent revolution has been reshaping Bangladesh’s employment landscape. It’s not in factories or corporate towers—but in laptops and internet connections. Freelancing, once an unfamiliar term, has now become a powerful vehicle for self-employment, youth empowerment, and economic growth. Bangladesh is now among the top freelance economies in the world—a story born out of resilience, curiosity, and digital adaptation.

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Why Professionals Are Searching for Updates on AI, Digital Transformation, Remote Work, and Sustainability on LinkedIn

LinkedIn has evolved from a simple job-search platform to a hub for industry insights, thought leadership, and professional development. Among the most searched topics are Artificial Intelligence (AI), Digital Transformation, Remote Work, Sustainability, and other key industry shifts. But why are professionals so keen on staying updated on these trends?

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Driving Towards a Greener Horizon: The Electric Vehicle & Bangladesh

Bangladesh, a nation striving for sustainable development, faces significant challenges from air pollution and a heavy reliance on imported fossil fuels. In this context, electric vehicles present a compelling solution. The government has set an ambitious target: achieving 30% EV penetration by 2030, a clear signal of their commitment to this green transition. This vision aligns with Bangladesh’s Nationally Determined Contributions (NDCs) to unconditionally reduce 3.39 million tonnes of CO2 emissions from road transport by 2030.

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Bangladesh Fully Digitizes Trade Operations with Launch of National Single Window Platform

Bangladesh marked a major leap forward in trade facilitation by launching the Bangladesh Single Window (BSW)—a digital platform led by the National Board of Revenue (NBR). This system now allows all required certificates, licenses, and permits (CLPs) for international trade to be processed online through one centralized portal using a Business Identification Number (BIN).