The information in this article is largely based on interviews with law firms in Bangladesh who were participating in Chambers research for the upcoming Asia-Pacific Guide 2024. These conversations took place in early 2023. <\/p>\n\n\n\n\n\n
Bangladesh has a large manufacturing sector and is known for its garment sector in particular. The country depends on imports of raw materials such as cotton for manufacturing, but sources say that \u201cbringing in raw materials for manufacture has become difficult,\u201d <\/em>explaining that \u201cthe government is controlling how much dollar is leaving the country.\u201d <\/em><\/p>\n\n\n\n Before 2022, Bangladesh was already grappling with existing supply chain issues and an increased cost of raw materials triggered by the covid-19 pandemic. This difficulty in procuring materials has previously affected the garment manufacturing sector as well as imports of other goods and industrial raw materials such as fuel, electrical appliances, and construction materials. <\/p>\n\n\n\n Since the Russia-Ukraine war began in early 2022, supply-chain disruptions have reportedly worsened, and the cost of raw material imports have sky-rocketed due to inflation. This has badly hit the manufacturing sector. <\/p>\n\n\n\n One source commented that \u201cover the last year, the whole Russia-Ukraine crisis has really affected Bangladesh. It has become more difficult for companies to acquire credit, particularly to import goods. The Sri Lankan economic collapse also led to the Bangladesh government imposing restrictions on the banking sector.\u201d<\/em> <\/p>\n\n\n\n A foreign reserve crisis starting in 2022 led to the government taking fiscal measures to curb the flow of money leaving the country. This has led to decreased output by the manufacturing sector, which in turn has worsened the situation regarding foreign reserves. Electricity shortage and higher fuel prices have further reduced the profits made by the manufacturing industry. <\/p>\n\n\n\n\n\n After a dip in the first year of the Covid pandemic, Bangladesh\u2019s GDP grew by 6.9% in the financial year ending 2021 and 7.1% in 2022. However, forecasts for 2023 predict much lower levels of growth. <\/p>\n\n\n\n A source reflects on how the country initially attracted investments: \u201cAfter covid we saw a lot of<\/em> small and medium businesses struggling and larger businesses saw this as an opportunity to acquire them. Then last year international investors saw opportunity to acquire small businesses.\u201d <\/em>They conclude that Bangladesh turned out to be \u201cone of the most resilient jurisdictions.\u201d<\/em> <\/p>\n\n\n\n However, the economic climate shifted over 2022 and one of the main sectors to be affected was infrastructure: \u201cBy late 2022, the effect of war in Europe started to show. Clients started to show a more cautious approach and especially so in infrastructure projects. They started to cut down on spending and a lot of construction projects got delayed.<\/em>\u201d <\/em> <\/p>\n\n\n\n Meanwhile, commentators predict an increase in renewable energy projects in the South Asian country: \u201cThere’s a push for renewable energy. With the Ukraine war and dollar crisis, gas prices have gone through the roof and the government has found itself in a spot. It\u2019s been a big problem, so they have started pushing for solar projects.<\/em>\u201d <\/p>\n\n\n\n Bangladesh is a producer of natural gas but is also reliant on imports of LNG to meet its own energy demand. Last year\u2019s increase in LNG prices, triggered by Russia\u2019s energy war, has made it costlier for the government to purchase the fuel. Combined with a foreign currency crisis, the country has been unable to meet its energy demand and was forced to shed load. <\/p>\n\n\n\n Another source explains how delays by the government in paying independent power producers combined with the devaluation of Bangladeshi taka against the dollar has added to the problem: \u201cEvery single power plant in Bangladesh has been impacted by currency fluctuations. The government had been repaying private power producers but with just a little delay, but now the government is paying with more delay. Until now project companies were able to absorb the delays. Now the repayments are very much delayed, they are in a difficulty. It doesn\u2019t look like this fuel crisis is going to better any time in the near future. This is why the government and project companies are looking to renewable energy.<\/em>\u201d <\/p>\n\n\n\n\n\n 2022 saw venture capital firms tightening their belts and this decrease in VC investments has been a global trend, although there are variations from country to country. <\/p>\n\n\n\n Bangladesh also experienced a decline in investments, with one source telling us that \u201cThere has been a global slowdown in VC and we are feeling that too but we envisage it will pick up by late 2023.\u201d <\/em>They add: \u201cAnd we believe big-tech companies that have received VC investments will go on to acquire smaller companies. Basically, the smaller tech companies will not get funding because of the slow down. In fact, that has already been happening in India and we think it will happen in Bangladesh also.<\/em>\u201d <\/p>\n\n\n\n Regardless of this slowdown, Bangladeshi startups in areas such as ed-tech, fin-tech and e-commerce have continued to raise pre-seed and seed and early-stage funding. Encouragingly, the government is already proposing policies to ease reporting burdens on startups and increase investments in them. With a younger and tech-savvy demographic and increasing digitisation, Bangladesh\u2019s startups ecosystem is seen as having the potential to flourish in the right conditions. <\/p>\n\n\n\n\n\n Our next Bangladesh rankings will be published in December 2023 when the 2024 Asia-Pacific Guide is launched. <\/p>\n\n\n\n Chambers covers Corporate & Finance, Dispute Resolution, Projects & Energy, Shipping and Intellectual Property as practice areas in Bangladesh. Chambers conducts research annually and the schedule for making a submission for the next round of research will be published in Autumn 2023. <\/p>\n\n\n\n\n\n <\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","categories":[],"tags":[],"publication":[],"blocks":[{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n The information in this article is largely based on interviews with law firms in Bangladesh who were participating in Chambers research for the upcoming Asia-Pacific Guide 2024. These conversations took place in early 2023. <\/p>\n","innerContent":["\n The information in this article is largely based on interviews with law firms in Bangladesh who were participating in Chambers research for the upcoming Asia-Pacific Guide 2024. These conversations took place in early 2023. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-header","attrs":{"header":"Manufacturing and Garments ","headerLevel":"2","blockId":"YSQ9O","blockUniqueClass":"lazyblock-chambers-header-YSQ9O"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Bangladesh has a large manufacturing sector and is known for its garment sector in particular. The country depends on imports of raw materials such as cotton for manufacturing, but sources say that \u201cbringing in raw materials for manufacture has become difficult,\u201d <\/em>explaining that \u201cthe government is controlling how much dollar is leaving the country.\u201d <\/em><\/p>\n","innerContent":["\n Bangladesh has a large manufacturing sector and is known for its garment sector in particular. The country depends on imports of raw materials such as cotton for manufacturing, but sources say that \u201cbringing in raw materials for manufacture has become difficult,\u201d <\/em>explaining that \u201cthe government is controlling how much dollar is leaving the country.\u201d <\/em><\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Before 2022, Bangladesh was already grappling with existing supply chain issues and an increased cost of raw materials triggered by the covid-19 pandemic. This difficulty in procuring materials has previously affected the garment manufacturing sector as well as imports of other goods and industrial raw materials such as fuel, electrical appliances, and construction materials. <\/p>\n","innerContent":["\n Before 2022, Bangladesh was already grappling with existing supply chain issues and an increased cost of raw materials triggered by the covid-19 pandemic. This difficulty in procuring materials has previously affected the garment manufacturing sector as well as imports of other goods and industrial raw materials such as fuel, electrical appliances, and construction materials. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Since the Russia-Ukraine war began in early 2022, supply-chain disruptions have reportedly worsened, and the cost of raw material imports have sky-rocketed due to inflation. This has badly hit the manufacturing sector. <\/p>\n","innerContent":["\n Since the Russia-Ukraine war began in early 2022, supply-chain disruptions have reportedly worsened, and the cost of raw material imports have sky-rocketed due to inflation. This has badly hit the manufacturing sector. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n One source commented that \u201cover the last year, the whole Russia-Ukraine crisis has really affected Bangladesh. It has become more difficult for companies to acquire credit, particularly to import goods. The Sri Lankan economic collapse also led to the Bangladesh government imposing restrictions on the banking sector.\u201d<\/em> <\/p>\n","innerContent":["\n One source commented that \u201cover the last year, the whole Russia-Ukraine crisis has really affected Bangladesh. It has become more difficult for companies to acquire credit, particularly to import goods. The Sri Lankan economic collapse also led to the Bangladesh government imposing restrictions on the banking sector.\u201d<\/em> <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n A foreign reserve crisis starting in 2022 led to the government taking fiscal measures to curb the flow of money leaving the country. This has led to decreased output by the manufacturing sector, which in turn has worsened the situation regarding foreign reserves. Electricity shortage and higher fuel prices have further reduced the profits made by the manufacturing industry. <\/p>\n","innerContent":["\n A foreign reserve crisis starting in 2022 led to the government taking fiscal measures to curb the flow of money leaving the country. This has led to decreased output by the manufacturing sector, which in turn has worsened the situation regarding foreign reserves. Electricity shortage and higher fuel prices have further reduced the profits made by the manufacturing industry. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-header","attrs":{"header":"Energy and Infrastructure","headerLevel":"2","blockId":"Z19rQSO","blockUniqueClass":"lazyblock-chambers-header-Z19rQSO"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n After a dip in the first year of the Covid pandemic, Bangladesh\u2019s GDP grew by 6.9% in the financial year ending 2021 and 7.1% in 2022. However, forecasts for 2023 predict much lower levels of growth. <\/p>\n","innerContent":["\n After a dip in the first year of the Covid pandemic, Bangladesh\u2019s GDP grew by 6.9% in the financial year ending 2021 and 7.1% in 2022. However, forecasts for 2023 predict much lower levels of growth. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n A source reflects on how the country initially attracted investments: \u201cAfter covid we saw a lot of<\/em> small and medium businesses struggling and larger businesses saw this as an opportunity to acquire them. Then last year international investors saw opportunity to acquire small businesses.\u201d <\/em>They conclude that Bangladesh turned out to be \u201cone of the most resilient jurisdictions.\u201d<\/em> <\/p>\n","innerContent":["\n A source reflects on how the country initially attracted investments: \u201cAfter covid we saw a lot of<\/em> small and medium businesses struggling and larger businesses saw this as an opportunity to acquire them. Then last year international investors saw opportunity to acquire small businesses.\u201d <\/em>They conclude that Bangladesh turned out to be \u201cone of the most resilient jurisdictions.\u201d<\/em> <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n However, the economic climate shifted over 2022 and one of the main sectors to be affected was infrastructure: \u201cBy late 2022, the effect of war in Europe started to show. Clients started to show a more cautious approach and especially so in infrastructure projects. They started to cut down on spending and a lot of construction projects got delayed.<\/em>\u201d <\/em> <\/p>\n","innerContent":["\n However, the economic climate shifted over 2022 and one of the main sectors to be affected was infrastructure: \u201cBy late 2022, the effect of war in Europe started to show. Clients started to show a more cautious approach and especially so in infrastructure projects. They started to cut down on spending and a lot of construction projects got delayed.<\/em>\u201d <\/em> <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Meanwhile, commentators predict an increase in renewable energy projects in the South Asian country: \u201cThere's a push for renewable energy. With the Ukraine war and dollar crisis, gas prices have gone through the roof and the government has found itself in a spot. It\u2019s been a big problem, so they have started pushing for solar projects.<\/em>\u201d <\/p>\n","innerContent":["\n Meanwhile, commentators predict an increase in renewable energy projects in the South Asian country: \u201cThere's a push for renewable energy. With the Ukraine war and dollar crisis, gas prices have gone through the roof and the government has found itself in a spot. It\u2019s been a big problem, so they have started pushing for solar projects.<\/em>\u201d <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Bangladesh is a producer of natural gas but is also reliant on imports of LNG to meet its own energy demand. Last year\u2019s increase in LNG prices, triggered by Russia\u2019s energy war, has made it costlier for the government to purchase the fuel. Combined with a foreign currency crisis, the country has been unable to meet its energy demand and was forced to shed load. <\/p>\n","innerContent":["\n Bangladesh is a producer of natural gas but is also reliant on imports of LNG to meet its own energy demand. Last year\u2019s increase in LNG prices, triggered by Russia\u2019s energy war, has made it costlier for the government to purchase the fuel. Combined with a foreign currency crisis, the country has been unable to meet its energy demand and was forced to shed load. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Another source explains how delays by the government in paying independent power producers combined with the devaluation of Bangladeshi taka against the dollar has added to the problem: \u201cEvery single power plant in Bangladesh has been impacted by currency fluctuations. The government had been repaying private power producers but with just a little delay, but now the government is paying with more delay. Until now project companies were able to absorb the delays. Now the repayments are very much delayed, they are in a difficulty. It doesn\u2019t look like this fuel crisis is going to better any time in the near future. This is why the government and project companies are looking to renewable energy.<\/em>\u201d <\/p>\n","innerContent":["\n Another source explains how delays by the government in paying independent power producers combined with the devaluation of Bangladeshi taka against the dollar has added to the problem: \u201cEvery single power plant in Bangladesh has been impacted by currency fluctuations. The government had been repaying private power producers but with just a little delay, but now the government is paying with more delay. Until now project companies were able to absorb the delays. Now the repayments are very much delayed, they are in a difficulty. It doesn\u2019t look like this fuel crisis is going to better any time in the near future. This is why the government and project companies are looking to renewable energy.<\/em>\u201d <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-header","attrs":{"header":"Startups and Technology ","headerLevel":"2","blockId":"1fo2Uu","blockUniqueClass":"lazyblock-chambers-header-1fo2Uu"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n 2022 saw venture capital firms tightening their belts and this decrease in VC investments has been a global trend, although there are variations from country to country. <\/p>\n","innerContent":["\n 2022 saw venture capital firms tightening their belts and this decrease in VC investments has been a global trend, although there are variations from country to country. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Bangladesh also experienced a decline in investments, with one source telling us that \u201cThere has been a global slowdown in VC and we are feeling that too but we envisage it will pick up by late 2023.\u201d <\/em>They add: \u201cAnd we believe big-tech companies that have received VC investments will go on to acquire smaller companies. Basically, the smaller tech companies will not get funding because of the slow down. In fact, that has already been happening in India and we think it will happen in Bangladesh also.<\/em>\u201d <\/p>\n","innerContent":["\n Bangladesh also experienced a decline in investments, with one source telling us that \u201cThere has been a global slowdown in VC and we are feeling that too but we envisage it will pick up by late 2023.\u201d <\/em>They add: \u201cAnd we believe big-tech companies that have received VC investments will go on to acquire smaller companies. Basically, the smaller tech companies will not get funding because of the slow down. In fact, that has already been happening in India and we think it will happen in Bangladesh also.<\/em>\u201d <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Regardless of this slowdown, Bangladeshi startups in areas such as ed-tech, fin-tech and e-commerce have continued to raise pre-seed and seed and early-stage funding. Encouragingly, the government is already proposing policies to ease reporting burdens on startups and increase investments in them. With a younger and tech-savvy demographic and increasing digitisation, Bangladesh\u2019s startups ecosystem is seen as having the potential to flourish in the right conditions. <\/p>\n","innerContent":["\n Regardless of this slowdown, Bangladeshi startups in areas such as ed-tech, fin-tech and e-commerce have continued to raise pre-seed and seed and early-stage funding. Encouragingly, the government is already proposing policies to ease reporting burdens on startups and increase investments in them. With a younger and tech-savvy demographic and increasing digitisation, Bangladesh\u2019s startups ecosystem is seen as having the potential to flourish in the right conditions. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-header","attrs":{"header":"Chambers Bangladesh rankings ","headerLevel":"2","blockId":"2sLFBT","blockUniqueClass":"lazyblock-chambers-header-2sLFBT"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Our next Bangladesh rankings will be published in December 2023 when the 2024 Asia-Pacific Guide is launched. <\/p>\n","innerContent":["\n Our next Bangladesh rankings will be published in December 2023 when the 2024 Asia-Pacific Guide is launched. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n Chambers covers Corporate & Finance, Dispute Resolution, Projects & Energy, Shipping and Intellectual Property as practice areas in Bangladesh. Chambers conducts research annually and the schedule for making a submission for the next round of research will be published in Autumn 2023. <\/p>\n","innerContent":["\n Chambers covers Corporate & Finance, Dispute Resolution, Projects & Energy, Shipping and Intellectual Property as practice areas in Bangladesh. Chambers conducts research annually and the schedule for making a submission for the next round of research will be published in Autumn 2023. <\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-media-card","attrs":{"title":"Chambers Asia Pacific","content":"Learn more about the Chambers Asia Pacific guide and discover the leading law firms and lawyers across the continent of Asia with our market leading reviews, analysis and rankings.","desktop-image":"%7B%22alt%22:%22apac%22,%22title%22:%22Untitled%20design%20-%202022-09-23T142908.385%22,%22caption%22:%22%22,%22description%22:%22%22,%22id%22:12426,%22link%22:%22https:\/\/wpcms-stg.chambers.com\/topics\/africa-projects-energy-transactions\/untitled-design-2022-09-23t142908-385\/%22,%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385.png%22,%22sizes%22:%7B%22thumbnail%22:%7B%22height%22:120,%22width%22:120,%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385-120x120.png%22,%22orientation%22:%22landscape%22%7D,%22medium%22:%7B%22height%22:170,%22width%22:300,%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385-300x170.png%22,%22orientation%22:%22landscape%22%7D,%22full%22:%7B%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385.png%22,%22height%22:200,%22width%22:353,%22orientation%22:%22landscape%22%7D%7D%7D","retina-image":"%7B%22alt%22:%22apac%22,%22title%22:%22Untitled%20design%20-%202022-09-23T142908.385%22,%22caption%22:%22%22,%22description%22:%22%22,%22id%22:12426,%22link%22:%22https:\/\/wpcms-stg.chambers.com\/topics\/africa-projects-energy-transactions\/untitled-design-2022-09-23t142908-385\/%22,%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385.png%22,%22sizes%22:%7B%22thumbnail%22:%7B%22height%22:120,%22width%22:120,%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385-120x120.png%22,%22orientation%22:%22landscape%22%7D,%22medium%22:%7B%22height%22:170,%22width%22:300,%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385-300x170.png%22,%22orientation%22:%22landscape%22%7D,%22full%22:%7B%22url%22:%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/03\/23144601\/Untitled-design-2022-09-23T142908.385.png%22,%22height%22:200,%22width%22:353,%22orientation%22:%22landscape%22%7D%7D%7D","image-alignment":"right","button-text":"View guide","button-url":"https:\/\/chambers.com\/legal-guide\/asia-pacific-8","event_action":"topic","event_category":"click","event_label":"topic-guide-page-click","blockId":"Z1qMWsi","blockUniqueClass":"lazyblock-chambers-media-card-Z1qMWsi"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n <\/p>\n","innerContent":["\n <\/p>\n"]}],"new_scheduled_revision":null,"save_as_revision":null,"acf":{"custom_url":{"base_url":"guides","category":""},"sponsored_page":false,"useful_links":false,"social_sharing_post_options":{"alignment":"left","sticky":false},"title":"Written by Kavy Priyavrathan","sponsors_list":{"sponsors":[{"name":"Kavy Priyavrathan","website":"","logo":"https:\/\/assets.chambers.com\/wp-content\/uploads\/2021\/02\/31140134\/defaultauthor.png","display_order":"1"}],"showhide_borders":false},"template":{"name":"text-rich-media","sticky_sidebar":false},"hero_title":"","hero_image":false,"hero_retina_image":false,"href_lang":false,"hero_description":"","hero_content_color":"light","hero_enable_responsive_images":false},"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n