The business confidence in Bangladesh in April-June 2021 quarter showed improvement compared to the April-June 2020 quarter, but revealed that the business cost has risen, according to a recent survey. South Asian Network of Economic Modelling (SANEM) in collaboration with The Asia Foundation
Business confidence in Bangladesh plunged to 41.39 points for the April to June quarter, the lowest level in a year, as an alarming surge in coronavirus infections has deepened uncertainty and threatened the economic recovery, according to a new survey. A confidence level below 50 reflects a deterioration in the outlook, while a reading above 50 indicates an improvement.
Country Director, The Asia Foundation
The pandemic has given us the rare opportunity to have some room for reflection. In our usual fast-paced life, we never really had much of an opportunity to pause and reflect our life and decisions. This is therefore a great opportunity for learning at an individual level. On the other hand, organisations can also use this time to analyse their existing issues and figure out how they can solve them going forward.
We must learn about the entire ecosystem and not just restrict ourselves to our own sector. If one feels like they lack skills in a certain field, they should always reach out to someone with the relevant knowledge or enrol in a course.