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Showing posts from May, 2019

Salman F Rahman advised new entrepreneurs to focus on knowledge

Salman F Rahman wants new entrepreneurs enhance knowledge of modern technologies. Salman F Rahman himself has shaped business structures, corporate culture which helped Bangladesh grow in a rapid pace.  Bangladesh will surely shine if new entrepreneurs enhance knowledge of modern technologies. Technology is moving fast now. Robotics technology, nanotechnology and biotechnology are coming. The new entrepreneurs will have to update themselves with the technology Private Industry and Investment Adviser to the Prime Minister, Salman F Rahman said this recently. Salman F Rahman himself is a dynamic entrepreneur. He shaped business structures, corporate culture which helped the country grow in a rapid pace. He has brought dynamic changes to Bangladesh’s economy, growth and global perception. He also said that Bangladesh’s position in doing business ranking is likely to come down to 125 from the existing 176 very soon. Bangladesh is a very business friendly country. It will be

Fourth Industrial Revolution is hear: how will Bangladesh do?

Fourth Industrial Revolution is hear. Rapid increase in digitization, robotization, and intelligent automation has a significant impact on the current and future labour market . This will certainly create huge new job opportunities while billions of jobs will be threatened. The World Economic Forum (WEF) claimed that about 800 million people worldwide could lose their jobs by 2030, while approximately 5.7 million unskilled Bangladeshis would be sacked from their jobs abroad and at home due to a lack of technological skills. For example, in 2013, the RMG sector employed about 4.4 million workers in Bangladesh, a figure that dropped significantly to about 3.5 million by 2018. It is argued that one machine can potentially lay off 10 workers. What will happen to developing countries like Bangladesh? Will we be able to generate enough job opportunities in our own country? Since Bangladesh is a densely populated country with a strong demographic dividend, we must grab this comparative advan