Blogs
Here's to some of our blog contents for you
Evolving Internet Landscape of Bangladesh
M. Abrar Uddin Ahmed / October 8, 2020
Understanding Consumer Behavior in such dynamic times can be daunting. With increasing internet accessibility and usage, online presence for brands is becoming a prerequisite. Magpie Analytics is here to equip you with the tools needed to navigate in the ever evolving landscape of Bangladesh.
Understand the Remittance Dynamics of Bangladesh
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Maksudul Chowdhury / June 25, 2020
Inward Remittance or simply Remittance has been one of the key drivers of Bangladesh’s economy. It is the second largest foreign exchange earner for Bangladesh after export, and is the decisive factor to keep country’s current account balance in positive mark. In 2019, Bangladesh received USD 18.33 billion as remittances, highest ever in history. This has put Bangladesh as the 3rd largest remittance recipient country in South Asia and 10th largest in the world, according to World Bank. A large chunk of this remittance goes to the rural areas of Bangladesh, mainly used for private consumption. Thus remittance benefits the country not only at macro level but also at micro level by improving quality of lives, reducing unemployment, creating demand for products and services for various industries, knowledge transfer etc. The multiplicative impacts of remittance have pushed Magpie Analytics to prepare an interactive dashboard on remittance. Whether you are a policymaker, an economist, an analyst, an industry specialist or just an enthusiastic learner – this dashboard presents the data to cater the needs of all. Once you are in the dashboard, the snapshot gives the overview of key variables related to