Bangladesh slips in global competitiveness ranking.

Bangladesh's competitiveness is eroding owing to weakening macroeconomic stability, deterioration of labour market conditions, lack of ICT adoption and inadequate progress in infrastructure, according to the World Economic Forum's Global Competitiveness Index (GCI) 2019. The country's position slipped two notches to 105th in this year, according to the GCI, which was unveiled yesterday by the Centre for Policy Dialogue (CPD), a partner of the WEF.

The index maps the competitiveness landscape of 141 economies through 103 indicators organised into 12 themes. Each indicator, using a scale...