Informal economy

Informal economy

In Bangladesh, over 84% of workers and 86% of private businesses operate informally, resulting in poor worker protections and reduced enterprise competitiveness. Photo: TBS

To formalise the informal economy, Bangladesh must simplify business processes

At the post-LDC graduation stage, Bangladesh needs a fully digital, simplified business registration and licensing system accessible through a single platform

Let’s call spade a spade: The story of an ever-growing informal economy

Let’s call spade a spade: The story of an ever-growing informal economy

A banana seller at his stall waiting for customers. As consumers have restricted their wallets to only essentials, thousands of small vendors are in trouble with their perishable goods. Photo: Salauddin Ahmed Paulash/TBS

The informal economy in tatters