The over-dependence on the Ready-Made Garments (RMG) sector poses risks to long-term sustainability, as evidenced by its outpacing of other export sectors.
Bolstering Macroeconomic Stability and Climate Resilience Amidst Global Turmoil
As we reach the end of the year, it is an opportune time to reflect on where we stand and how things might pan out in 2024. The year 2023 was tumultuous and marred by an unabated war between Russia and Ukraine, which widened an already fractious relationship between the West and the China-Russia-led alliance. The Gaza-Israel war further exacerbated the already fragile geopolitical balance, potentially…
Launch of LightCastle Business Confidence Index 2022-23
Last Wednesday, LightCastle Partners organized a roundtable at the launch event of our annual flagship publication, LightCastle Business Confidence Index 2022–23. The importance of the study is pivotal considering the international and domestic headwinds impacting our growing economy. The study entailed interviews with 167 c-suite private sector leaders and their perspectives on the macro, meso, and micro-level challenges impacting their sectors. In total, twenty-five sectors…
Staying on Top of Global Macro, Meso, and Micro Drivers
We live in a highly integrated world, and events on the other side of the universe can have ramifications at both the macro, meso, and micro levels. For example, think about how the Ukraine-Russia war has had a disruptive impact on our economy and across the globe, emanating from the sanction-led upheavals in the international commodities markets.
Book Review: The Defiant Optimist
I often don’t do book reviews, apart from my annual listing of my best reads. But this one simply couldn’t wait, considering the impact it had on me. The author of ‘The Defiant Optimist’, Dureen, is one of the accomplished Bangladeshis creating waves in the international domain. Her checkered career in investment banking, microfinance, development finance, media, social entrepreneurship, and academia held her in good stead when she founded Impact Investment Exchange (IIX).