The Daily Star and LightCastle Partners to launch Business Confidence Index 2022-23

The Daily Star has signed an MoU with LightCastle Partners for collaboration in launching the LightCastle Business Confidence Index 2022-23 as a strategic partner. It is the fifth continuation of the flagship annual publication. The Daily Star has worked jointly with LightCastle Partners for previous editions of the study.

LightCastle Business Confidence Index serves as a holistic framework while analyzing the cumulative sentiment of private sector players spanning across sectors having a direct impact on Bangladesh's growth story.

The index takes into account both qualitative and quantitative aspects of data to pinpoint what the sentiments in the economy are, by analysing what key drivers are bolstering the economy, the persisting underlying challenges, how successful ventures navigate past the gridlocks, and lastly, aggregating the findings into a comprehensive publication providing a baseline understanding of the status quo.

The study furthermore serves as a landscape to portray the progress of Bangladesh's economy through a versatile environment by analysing the cumulative sentiment of key economic actors across multiple industries: SMEs, and medium and large enterprises.

The Daily Star would jointly collaborate with LightCastle Partners in mapping out key relevant industry stakeholders and help with outreach and intelligence sharing. Subsequently, upon completion of the study, the Daily Star would hold multiple panel discussions with industry leaders highlighting findings from the study for validation and further value addition.