Bangladesh Economic & Infrastructure Development - Updates & Discussions

[Michael Corleone]

yera dont write sily things, read my post again........where the F did u saw me saying this?

chill, i didn;t accuse of of saying that, was my opinion. china's solution is not full proof, at least for the rest of the world.

 

[Umair Nawaz]

chill, i didn;t accuse of of saying that, was my opinion. china's solution is not full proof, at least for the rest of the world.

concentrate on what im saying, the perfect system is the system given by Allah himself who is the creator of the world worlds, one that in which we r living and other in which heaven and hell lie.

But given the current circumstances in comparison to capitalism, communism/socialism is better and a lot more closer to islam then capitalism, because atleast its based on collectivism and equality, in contrast to capitalism which is based on individualism and wealth (unequal distribution of wealth).......

Thats what im saying.....For us or for whole of humanity Islamic system is the best option, but if not, then the ones we have today(capitalism,communism) its communism which is a better option, because of collectivism and equality.

 

[Nilgiri]

BTW what is with 'Feelz' .... you have me in splits!!!!

Its kinda millenial speak.....basically "emotionally driven thought process"....muh feelz!

https://www.urbandictionary.com/define.php?term=Feelz

From its earlier iteration "Feels":

https://www.urbandictionary.com/define.php?term=Feels

 

[UKBengali]

According to these trolls you build infrastructure using coconuts (not cement) and rapid increase in electricity consumption doesn't mean jack squat in their book.

I remember an earlier thread where a Chinese brother smartly questioned the lack of increase in consumption of cement in our neighboring country where RSS trolls were drumming up chaiwala lies about rapid development in infrastructure. This vedic wizardry of developing infrastructure with no cement is only possible in that country, and in no other country of the world, including ours.

Those losers only have the chance to compare their failed shambles of a "country" to BD as they had a 24 year head start in independence.

BD is far superior to the huge entity next door that exists at this moment in time.

 

[Michael Corleone]

concentrate on what im saying, the perfect system is the system given by Allah himself who is the creator of the world worlds, one that in which we r living and other in which heaven and hell lie.

But given the current circumstances in comparison to capitalism, communism/socialism is better and a lot more closer to islam then capitalism, because atleast its based on collectivism and equality, in contrast to capitalism which is based on individualism and wealth (unequal distribution of wealth).......

Thats what im saying.....For us or for whole of humanity Islamic system is the best option, but if not, then the ones we have today(capitalism,communism) its communism which is a better option, because of collectivism and equality.

you don't understand the fundamental basics in either field of topics for me to discuss this with you. have a good day

BD is far superior to the huge entity next door that exists at this moment in time.

india or burma?

 

[Umair Nawaz]

you don't understand the fundamental basics in either field of topics for me to discuss this with you. have a good day


india or burma?

hahaha u know i say the same abt yr arguments too. If china can develop her own version of communism and call it Maoism or whatever, we can develop a hybrid too......In which we will not turn atheist, but will adopt the designs of communism which suits us, like collectivism and Equality......Read the book written by the founder of Communism/socialism called Dos Capital by Karl Marx to have a better understanding of ethos of communism and then read the books written by Adam and Xavier abt capitalism to understand its ethos....

Then you will be better able to understand and compare the two systems. But still Islamic system is far better then these, let me repeat that and that should take priority over any of communism or capitalism...but since yr saying that its no longer possible as nobody has an idea of what that could be in the modern digital age......This is where i suggest communism still being a better option then capitalism, and in temporary measures we can adopt communism for the time being and from there on develop or evolve into our own Islamic system in due time over the ages.....

This is the direction we r heading right now in Pakistan.......u will see us now develop and divulge more into ethos of socialism/communism and then gradually making our way to a proper Islamic System both financially, politically and socially.

 

[UKBengali]

india or burma?

India.

 

[Nilgiri]

That's good development.

Will total exports reach 45 bn this FY?

Unlikely, maybe around 41 billion USD export. The rate has been around 2 billion a year addition for past few years:

https://data.worldbank.org/indicator/BX.GSR.GNFS.CD?locations=BD

 

[Nilgiri]

My point was that lower priced garment manufacture is going to be transferred to places like Ethiopia, Somalia, Cambodia pretty soon.

Moron, Cambodia is doing better than you:

https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?locations=KH-BD

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locations=KH-BD

@Marine Rouge

I was not saying to follow Vietnam model blindly. I only said that our situation is no where near the situation of Vietnam 3-5 years ago. And we surely need to increase FDI inflow to Bangladesh. Getting less FDI than Myanmar or Mozambique is unacceptable.

Nothing is wrong at all with Bangladesh development structure. The highway to wealth is through only underwear, corruption and feelz. All you need to know is found within BD already....its easy....just publish whatever numbers make you feel good.

" giving away 70% of the economy to the foreigner."

The amount of stupidity in that single line is astounding. Can't even do a basic capital flow analysis. Crying rohingya boy probably is way more smarter than fat ugly mongol-feelz Biman babu.

 

[Arulmozhi Varman]

The way things are going we'll probably offer SEZs to Afghanistan, Burundi and Liberia as well.

Indonesia is a good economy. Why this sarcasm?

Their exports are more than 200 billion and their per capita is significantly higher than India's.

I wonder what's the FDI/GDCF of Hong Kong, Ireland, Singapore....Should they follow BD model and say no to FDI to become sustainably developed?

The problem with CHina/VIetnam model is they are export driven economy. India is a internal consumption driven economy. Both has its own advantages and disadvantages. Export driven economy is very much related to International trade and negotiations and there is no assurance the quality of life of people will rise in such a condition.
Even China which has 3 Trillion of dollars reserves, technically speaking doesnt belong to Chinese govt. They are reserves of companies which has factory in China and govt merely gives them interest to have their dollars parked there... Same for India as well... However in a worst case scenario, if all companies decide to boycott and pull out their money from one market then it hits them very very hard.. In comparison, the same impact for India will be pretty less... Cos we are consumption driven..

 

[Bilal9]

Too much dependency on FDI and export like Vietnam is not desirable either. Vietnam's export volume is almost as large as it's total GDP. Their entire economy is dependent on export. This is a potential danger. Too much dependency on foreign market for your product and jobs are dangerous in a world hit by frequent recession, trade war, economic turmoil in major economies. We need healthy mix of both internal robust consumer base and global customers. both FDI and local investors.

My point exactly @Homo Sapiens bhai.

Vietnam was attractive to investors because of proximity and cultural commonality somewhat. Saigon is three hours from Taipei via air, and five hours from Seoul. What was there to lose? I saw this with my own eyes as full flights kept increasing between these places.

Taiwanese and South Koreans saw Saigon and Hanoi as their private sweatshop (once their own countries got too expensive labor-cost-wise) so they invested heavily into a communist regime that was extremely eager with tax concessions to the point of 'giving away the farm'. Taiwanese and Koreans had money and Vietnamese were eager to work. It was a match made in heaven for investors from those two countries in the interest of the almighty dollar. Until of course, the China factor kicked in with full gear.

However if you ask the average Vietnamese whether this has been good for their economy, you will get many different answers. Look at this,

https://e.vnexpress.net/news/news/v...n-in-corruption-cases-government-3514037.html

 

[Nilgiri]

My point exactly @Homo Sapiens bhai.

Vietnam was attractive to investors because of proximity and cultural commonality somewhat. Saigon is three hours from Taipei via air, and five hours from Seoul. What was there to lose? I saw this with my own eyes as full flights kept increasing between these places.

Taiwanese and South Koreans saw Saigon and Hanoi as their private sweatshop (once their own countries got too expensive labor-cost-wise) so they invested heavily into a communist regime that was extremely eager with tax concessions to the point of 'giving away the farm'. Taiwanese and Koreans had money and Vietnamese were eager to work. It was a match made in heaven for investors from those two countries in the interest of the almighty dollar. Until of course, the China factor kicked in with full gear.

However if you ask the average Vietnamese whether this has been good for their economy, you will get many different answers. Look at this,

https://e.vnexpress.net/news/news/v...n-in-corruption-cases-government-3514037.html

@Viet @Viva_Viet , Bangladeshi snobs are quite envious of Vietnamese development ....please excuse them, their biggest company just delayed its export target of 1 billion dollars by 10 years.....so its back to same ole FDI = bad.

 

[Nike]

Indonesia love to expand trade with bd, Once we put our industry there we can push more export and products to Bd including our Automotive and heavy industry (oil rigs, refinery parts, pontoon bridge, and so on) , palm oil products, paper products, woods products and foods products.


Indonesia encourages PTA negotiations with Bangladesh
Kamis, 22 November 2018 09:31 WIB - 0 Views

Reporter: Antara

Indonesian Ambassador to Bangladesh Rina Soemarno (left) .(ANTARA/Bayu Prasetyo)

Dhaka(ANTARA News) - The Indonesian government encourages the negotiations of the Preferential Trade Agreement (PTA) between Indonesia and Bangladesh, in an effort to increase trade cooperation between the two countries.

"To facilitate bilateral trade, we hope the first round of negotiations would begin immediately for the Indonesia-Bangladesh PTA," Indonesian Ambassador for Bangladesh, Rina P Soemarno, stated in Dhaka, Bangladesh, on Wednesday.

The PT negotiations between Indonesia and Bangladesh were agreed during President Joko Widodo`s state visit to Bangladesh in early 2018.

"We hope that there will be a quick conclusion from these negotiations, so that the PTA can soon exist to facilitate increased trade between the two countries, which will run with the preferential tariff," the ambassador noted.

She further remarked that the first negotiations for the PTA between Indonesia and Bangladesh will begin in December 2018.

The PTA between the two countries is very important for Indonesia, because Bangladesh is a prospective market where Indonesia seeks to increase its market share. Indonesia is now the fifth largest source of imports for Bangladesh, she added.

The trade volume between Indonesia and Bangladesh has reached a surplus of over 80 percent for Indonesia. Indonesia ranks fifth out of 15 main trading partner countries of Bangladesh.

Indonesia`s main export commodities to Bangladesh include palm oil, textiles, textile products, rubber, wood pulp, nuts, paper, cotton yarn, synthetic fibers, chemical products, iron bars, copper, mining materials (clinkers, tin seeds, coal and lubricants), spices, handicrafts, and train products of PT. INKA.

Meanwhile, Indonesia`s main import commodities from Bangladesh include bags and sacks (jute), packaging bags, steel sheets, and clothing.

Reporting by Yuni Arisandy, Aria Chandra
Editing by Yoseph

Editor: Fardah Assegaf

COPYRIGHT © ANTARA 2018

Moron, Cambodia is doing better than you:

https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?locations=KH-BD

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locations=KH-BD

@Marine Rouge



Nothing is wrong at all with Bangladesh development structure. The highway to wealth is through only underwear, corruption and feelz. All you need to know is found within BD already....its easy....just publish whatever numbers make you feel good.

" giving away 70% of the economy to the foreigner."

The amount of stupidity in that single line is astounding. Can't even do a basic capital flow analysis. Crying rohingya boy probably is way more smarter than fat ugly mongol-feelz Biman babu.

 

[Mage]

Indonesia is a good economy. Why this sarcasm?

No one is saying Indonesia is a bad economy. But I'd rather have our SEZ;s given to Germans, Japanese, Koreans etc over Indonesians .

The problem with CHina/VIetnam model is they are export driven economy. India is a internal consumption driven economy. Both has its own advantages and disadvantages. Export driven economy is very much related to International trade and negotiations and there is no assurance the quality of life of people will rise in such a condition.
Even China which has 3 Trillion of dollars reserves, technically speaking doesnt belong to Chinese govt. They are reserves of companies which has factory in China and govt merely gives them interest to have their dollars parked there... Same for India as well... However in a worst case scenario, if all companies decide to boycott and pull out their money from one market then it hits them very very hard.. In comparison, the same impact for India will be pretty less... Cos we are consumption driven..

The point is FDI inflow to BD sucks....it does not have to go to Vietnam level but it surely needs to improve a lot.
BD should try to be a mix of consumer driven and export driven economy.

 

[beijingwalker]

Even China which has 3 Trillion of dollars reserves, technically speaking doesnt belong to Chinese govt. They are reserves of companies which has factory in China and govt merely gives them interest to have their dollars parked there... Same for India as well... However in a worst case scenario, if all companies decide to boycott and pull out their money from one market then it hits them very very hard.. In comparison, the same impact for India will be pretty less... Cos we are consumption driven..

The difference is most Chinese companies belong to the Chinese government. Chinese government owes money to Chinese government owned companies and factories, it's like your left pocket owes money to your right pocket.