Invest Salone’s Post

Tapping the growth potential in emerging markets will allow Bangladeshi companies to export more goods and services, and capture greater market share. It is also important to think about sustainability as a competitive edge that a country like #Bangladesh can deliver on, in particular for the textile and garment sector. That’s according to Frederic Neumann who gave an exclusive interview with The Daily Star in Dhaka recently. Read the full interview for more insights: https://grp.hsbc/6047edb5P

Tapping the growth potential in emerging markets will allow Bangladeshi companies to export more goods and services, and capture greater market share. It is also important to think about sustainability as a competitive edge that a country like #Bangladesh can deliver on, in particular for the textile and garment sector. That’s according to Frederic Neumann who gave an exclusive interview with The Daily Star in Dhaka recently. Read the full interview for more insights: https://grp.hsbc/6047edb5P #Bangladesh #HSBC

Tapping the growth potential in emerging markets will allow Bangladeshi companies to export more goods and services, and capture greater market share. It is also important to think about sustainability as a competitive edge that a country like #Bangladesh can deliver on, in particular for the textile and garment sector. That’s according to Frederic Neumann who gave an exclusive interview with The Daily Star in Dhaka recently. Read the full interview for more insights: https://grp.hsbc/6046edbXo

The top businesses in Bangladesh span various sectors. Here are some of the leading industries: 1. **Ready-Made Garments (RMG):** This is the main export sector of Bangladesh. Major companies like BGMEA, BKMEA, and several large garment manufacturers are active here. 2. **Textile Industry:** The textile and raw materials sector is highly popular, with many large mills and factories operating in the country. 3. **Pharmaceuticals:** One of the fastest-growing sectors in Bangladesh. Major companies like Square Pharmaceuticals, Beximco Pharma, and Eskayef Pharmaceuticals are prominent players. 4. **Banking and Finance:** Major banks and financial institutions such as BRAC Bank, Dutch-Bangla Bank, and Standard Chartered Bank are active in this sector. 5. **Telecommunications:** Major telecom companies like Grameenphone, Robi, Banglalink, and Teletalk operate in Bangladesh. 6. **Agriculture and Agro-Processing:** Large companies such as PRAN and Akij Foods have significant investments in this sector. 7. **Information Technology and Software:** The IT sector has numerous startups and large companies like Datasoft and Software Shop Limited working in it. 8. **Construction and Infrastructure:** The construction sector includes major companies like BSRM, Concord, and Akij Group. These sectors are pivotal to Bangladesh's economy and play a crucial role in its economic development.

🤝 Swiss-Indian collaboration 🚀 I am excited to have joined the insightful webinar today hosted by Swiss Textiles and the Confederation of Indian Textile Industry (CITI), shedding light on the Free Trade Agreement between #India and #Switzerland. Key #takeaways include focusing on: Sustainability 🌳 Resource calculation 💡 Supply chain optimization ⛓ Digital transformation 💻 It's inspiring to witness the #collaboration between these nations in fostering #innovation and global market readiness. The Swiss-Indian Chamber of Commerce is playing a key role in this journey. It is a journey that is very exciting, witnessing significant #progress in elevating both countries and so far brands and manufacturers.

In an increasingly globalised world, the competitive advantage, largely measured by labour and overall production costs, increasingly shifts in favour of developing countries and away from developed countries where the industrial revolution initially started. The garment sector is one of the most obvious examples of this shift.[1] While the steam of industrialisation has been blowing to the developing countries in recent decades, major apparel companies from higher income countries retain their market domination. Purchasing orders by those major apparel companies undeniably brought employment opportunities to millions of people in developing countries and, consequentially, those millions’ livelihoods mostly or solely depend on those companies. Read more in our latest blog: https://lnkd.in/gYmk3ncV #Australia #Bangladesh #Garment #SupplyChain The Remedy Project Archana Kotecha Nitchaya Laohaphan Fitra W.

Two major Chinese companies plan to establish plants in Pakistan to produce raw materials for the textile industry, backed by the Special Investment Facilitation Council. This multi-million-dollar investment aims to provide local manufacturers with affordable resources. The investment will introduce advanced technology to Pakistan’s textile sector, improving efficiency and competitiveness. Local manufacturers are expected to benefit from modernized production processes. Beyond technological advancements, the investment will create jobs, boost exports, and enhance overall growth in Pakistan’s textile industry, strengthening its position in the global market.

It’s difficult to overlook the subtle but important change occurring when observe Bangladesh’s corporate environment, which is always changing. Known primarily for its booming garment industry, the country is now making waves as an emerging start-up hub in South Asia. More details in the comment section 👇 #BangladeshStartUpHub #InnovateInBangladesh #SouthAsiaRising

Did you know that spending on fashion by Muslims surged to $318 billion in 2022? This figure is projected to rise to $428 billion by 2027, with a remarkable annual growth rate of 6.1%. Whether you're involved in supplying raw materials, production, or any other aspect of the fashion supply chain, there's a significant opportunity waiting for those in the industry. Don't miss out on the chance to be part of this thriving market. Join us at the exhibition and explore the potential for your business growth! Visit https://bit.ly/MIHAS_2024 to register! #MIHAS2024 #ThinkHalalThinkMIHAS #HalalIndustry #ExhibitorOpportunities #FashionIndustry Malaysia External Trade Development Corporation (MATRADE) Source: The State of the Global Islamic Economy 2023/24 Report

It’s difficult to overlook the subtle but important change occurring when I observe Bangladesh’s corporate environment, which is always changing. Known primarily for its booming garment industry, the country is now making waves as an emerging start-up hub in South Asia. More details in the comment section 👇 #BangladeshStartUpHub #InnovateInBangladesh #SouthAsiaRising