Doing Business in Bangladesh 2017 By World Bank
Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation. Doing Business 2017 presents the data for the labor market regulation indicators in an annex. The report does not present rankings of economies on labor market regulation indicators or include the topic in the aggregate distance to frontier score or ranking on the ease of doing business.
Bangladesh’s ready-made garments landscape: The challenge of growth
McKinsey & Company, a trusted consultant for many of the world’s influential businesses and institutions, has done a case study that reviews Bangladesh’s garment growth formula. It predicts that the country’s apparel exports will double by 2015 and nearly triple in 10 years. The future growth of RMG exports will require an additional 3.5 million workers by 2020. The report, prepared in collaboration with the Bangladesh German Chamber of Commerce and Industry and made available exclusively to The Daily Star, explores what it takes to be the next big destination for global buyers. The report also flags some challenges to the apparel industry. Bangladesh may miss the opportunity without overcoming those challenges.