Historically in BD Jute was grown to be sold as a purely cash crop.
Whislt some of the product feed into incountry carpet, sack manufacturers, etc the product was always grown to serve overseas market.
There is no power dynamic at play here. Jute industry in BD was started several hundred...
BD RMG value addition is around 60%. In some measures it can be considered fairly middling or low value addition. It is our low labour cost that continues to gives us the competitive advantage in our biggest export sector although without doubt development of excellent and extended logistics...
The compensatory factor is continuing growth of the economy, huge increase in labour export that is feeding through to the economy via inward remittances as well via hundi system , massive increase in general export orders that have low elasticity of demand, upcoming bumper harvest following...
No software change is necessary to accommodate local laws, you just need to hold the data in the jurisdiction concerned. All it needs are datacentres in country. BD have enough DC to accommodate, with laws correctly applied would lead to growth in DCs.
It is quite irrelevant what india may...
BD should expand its maritime fleet and primarily service its trade logistics itself. The cost of doing it may not be more as we are having to pay the likes of colombo for using their ports.
India proposals are laughable.
Turkey have not broken any agreement. Sweden wants to join Nato, Turkey as a Nato member can veto it and have done so.
Politics is a double edged sword... there is always a price and it works both ways as sweden is finding out.
Well it is undeniable that BAL are basically paid indian agents who acts against the interest of the country for short term personal benefit.
This is not going to change as the same could be said of others as well but perhaps may not be to the same degree all the time.
With no political change...
Tarrif wall is a very fine balance. Taking a medium to long term view sometimes pays very good dividend if backed by robust local demand. However if it is too vigorous it will degrade and slow down economic progress.
I would always recommend picking a few sector and offer policy support to...
Turkey has every right to stick up for itself. Veto sweden and finlands entry into Nato.
The latter do not not matter as much as Turkey and all they can do is scream their impotence.
Good news. The next step hopefully is export of BD manufactured phones overseas after satisfying local demand. Whilst this wont help government coffers because mobile export does not have any export tax it will strengthen local tech base.
Amazing how little investment is actually...
They are free to buy dollar privately and release the goods if BB wont release funds.
Hundi guys are flushed with dollars.... there is no actual shortage of dollars.
These scumbags have opened LC against loans in BDT. No wonder BB wont release funds....they are asking for dollars but do not...
Your points are well made.
All I would say is it is not for US to enable but BD needs power to be rotated on a regular basis with a minimum of fuss. Its just basic common sense and a safety valve against periodic violence lead change of power and institutionalisation of corruption.
As far as...
BD has no oil thus is of little interest to US.... thank goodness for that.
There is not much they want....they might want us to be part of quad but it is obvious for everyone that a non aligned BD is best for all including US and China.
Stability is the key.... appreciation or depreciation of TK has positives and negatives. One can argue which leads to net benefit for the country but i suspect any benefit is very short lived.
Volatility of the exchange rates leads to market uncertainty and it degrades everyones ability to...
What kind of bogus article is this.... author writes in crore and the switches to millions. Is any of the data being accurately reported here? On the basis of this article this sector is unlikely to become top 3 export item any time soon, just awful journalism and even worse editorship on display.
Very good write up, agree with every point. It is a very capital intensive industry and quite simply this capital does not exist in the sector. It is growing on the basis of internal demand and we for internal purposes do not need high DWT crafts.
It was an export thrust sector but lacked...
We have a large population and jobs however low level is the key to progress. RMG provides huge amount of employment and facilatates upward social and economic mobility to the masses. The children of RMG workers are being educated and do not aspire to become RMG workers themselves.
BD will...