Bangladesh’s RMG sector has been playing a pivotal in facilitating the country’s export earnings, contributing 83.4% of total export (source: EPB), apart for generating employment to the tune of 4.4 million, 80% of which are women. (Source: WB). Considering the sector’s importance to the country’s economic stability, ensuring steady growth for RMG export in the short to medium term, is a key policy imperative. In…
Why Businesses need to adopt an inclusive Business Approach
Our private sector has played an outsized role in driving the economy and has been contributing to export, employment generation and production of goods and services. In general, businesses tend to focus more on maximizing shareholders’ value by focusing on the middle and affluent market segment, who have higher disposable income. However, with declining absolute poverty rate across the country, a new aspirant class has…
Why having an Entrepreneurial Mindset is key to Wading Through the Volatile World
Entrepreneurship is a risky endeavor. While many tend to romanticize the stratospheric success of famous entrepreneurs like Bezos and Zuckerberg, creating an enterprise from scratch and gaining traction is no easy feat. Empirical data also indicate difficulty in creating successful companies, as 9 out of 10 companies go belly-up within 5 years of existence. Considering the difficulty in starting and sustaining a venture, and low…
5 Stages for Assessing Sector Growth Prospects
Understanding a sector’s growth potential is critical to making important business decisions for entrepreneurs, executives, consultants, investment analysts and researchers. Market projections enable stakeholders to make critical investment decisions, starting from whether a company ought to enter or expand operation into a particular market, to finding possible inflection points, which would impede or accelerate future growth. Considering the paramount importance for gauging sector growth trajectory,…
Decoding Pathao’s Success Code
Have you ever imagined, a three year old Bangladeshi startup, would be valued north of USD 100 M? With the pre-series B investment of close to USD 10 M coming from Go Jek, the Indonesia based ride sharing and logistics behemoth, Pathao is well placed to consolidate its hold over a wide range of service suite- ride sharing, food delivery and logistics. The company has…