With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.

Online trade across countries in South-east Asia is set to become faster and more convenient, as ASEAN starts work on a new framework that could unlock a potential US$2 trillion (S$2.7 trillion) in its digital economy by 2030

It is disheartening to see that Bangladesh couldn’t find a place in the top third of the ranking in this very telling study.

American tech giant Cisco Systems has doubled its headcount and office space in Bangladesh and opened a depot for spare parts as it looks to expand footprint in a country steadily moving to become a digital economy.

In Asia, no economic or business sector is as vibrant or commands more attention of policymakers as the digital sphere, this trend well documented in a landmark study by United Nations Conference on Trade and Development (UNCTAD)’s first annual Digital Economy Report.

Emerging jobs related to the digital economy have been and are expected to continue growing quickly in China as digital technology is applied in more fields, says a senior executive from LinkedIn.

According to the Fall 2018 issue of MIT's Sloan Review Magazine, “Blockchain technology is set to be a major player of the future digital economy.”

Last week my elder brother made a remark that shook my understanding of education, “I learn today more from YouTube than I have learnt all my life”. In truth, we are bombarded by so much information that we have knowledge indigestion.