Bangladesh

We specialise in working with the Bangladesh market, including market entry and expansion. With years of practical experience in working in this emerging market, we have helped a number of clients to successfully establish themselves in Bangladesh. This has led us to have an unrivalled understanding of the market, which allows us to offer a cost-effective service that doesn’t compromise on quality. Bangladesh has gained noteworthy headway in poverty alleviation, upheld by supported monetary development. Demographic dividend, strong ready-made garment (RMG) exports, and stable macroeconomic conditions have all contributed to Bangladesh being amongst the fastest growing economies in the world. Alongside the government, the private sector has played an important role in the expansion of industry as well as the expansion of the export sector and jobs creation. Both the government and the private sector are playing significant roles in providing financial advancement. For instance, in FY 2019-20, the total investment of GDP was 31.75%, of which 23.63% was from the private sector. Likewise, the IFC and the World Bank jointly published a report reflecting the investments in vital countries, where factors such as business position and start-ups viability, investment protection, loan accessibility, and taxation were considered. From the report, Bangladesh stands amongst the top 20 countries in reforming the ease of doing business. Bangladesh also ranked 72nd in protecting investors, 119th in getting credit, and 131st and 151st in starting a business and paying taxes respectively.