Bangladesh Economic & Infrastructure Development - Updates & Discussions

[ARMalik]

Hey dumb dumb, I clearly said 94% NOT covered by LDC quota. China is included in that 94% obviously DUH.

The thing is, if Indian and to a smaller extent Pakistan stop supplying cotton to Bangla, they can literally kill Bangla industry overnight. Even if BD imported cotton from other regions, it would be much more expensive to deliver to BD.

Can India work with Pakistan to do this??

 

[Nilgiri]

This is the same time period we are comparing and so no seasonal variation applies.

The whole year is what is being talked about. When there is a relative depression in the exact same period previously...that adds a low base effect (which bumps up the next years performance even if its just average or less than average to the norm), which is effectively a seasonal variation in the longer cycle.

The onus is then to see what the final year result actually is. I know its kind of hard to grasp for someone who thought that peak load in electricity correlates 1:1 to total integral consumption. But then again the low patent and science output speaks volumes about that anyway.

you were claiming that BD exports had stagnated and so base has nothing to do with this.

They more or less have....especially when we look at the CAD (which combines services) and forex levels. You can check the final year results.

Besides we are now straying from the point of contention of the 94% of the rest of the market (that the medical refugee producing quack guy earlier made some assertions on).

As @Arsalan correctly intuited, BD's loss is other country's potential gain....given the 94% chunk is very different and incremental kind of flux for the world suppliers.....very different to a 6% LDC quota based one that has driven BD sector. It is why BD growing very very slow compared to its own projection of massive capital transfer from China in 2014 - current time frame. BD not diversifying either...so yah its stuck between rock and a hard place if Europe does take action because of this like US previously did. BD can ill afford this given it has no other industry of any note.

@Marine Rouge

The thing is, if Indian and to a smaller extent Pakistan stop supplying cotton to Bangla, they can literally kill Bangla industry overnight. Even if BD imported cotton from other regions, it would be much more expensive to deliver to BD.

Can India work with Pakistan to do this??

BD can just import from other suppliers like US, Uzbek etc.

Their major cost saving comes from the 0 access duty, rather than the input price (and any added logistics on top). I have not looked at the exact sensitivity though....it would need someone in the industry to comment on it.

 

[nahtanbob]

Indian and Israeli lobbies one of them.

Others include pakistani incompetence.

Bangladeshis work harder to deliver higher quality garments at lower prices
Garment industry is a low margin industry. quit blaming others for your incompetence

The thing is, if Indian and to a smaller extent Pakistan stop supplying cotton to Bangla, they can literally kill Bangla industry overnight. Even if BD imported cotton from other regions, it would be much more expensive to deliver to BD.

Can India work with Pakistan to do this??

In the long run USA, EU won't allow it. They will keep the Bangladeshi industry intact.
It keeps Bangladesh afloat. It helps them get rid of the 4th world moniker

 

[Bengal71]

Pakistanis are getting happy about it? I thought you guys were calling our industries sweat shops and chaddi makers? Weren't this type of industries too lowly for your dignity?

 

[Destranator]

Pakistanis are getting happy about it? I thought you guys were calling our industries sweat shops and chaddi makers? Weren't this type of industries too lowly for your dignity?

Every country/society including ours has cultural deficiencies.
For Pakistan, it is their inability to self-relect and sense hypocrisy.

Hey dumb dumb, I clearly said 94% NOT covered by LDC quota. China is included in that 94% obviously DUH.

I am not referring to that stat.

My point is, despite lack of preferential treatment by importers and fast increasing wages China remains the dominant force in the RMG sector because of their investment in skills, processes and capital over decades.

The same goes for Bangladesh albiet to a lesser extent. Bangladesh's major RMG export destinations do not offer much of a preferential treatment despite us being categorised as LDC. A lot of hoohah was made and doomsdays predicted by smartasses like yourself when we lost quotas in 2005 and GSP in 2013 but our exports kept rising.


At the same time our inability to become a more dominant power by now is rooted at our relative deficiencies in infrastructure and resources compared to China but things are improving fast.

Pakistan's lack of success is due to not investing in workers, processes and equipment and not due to trade barriers. Your strawmanning streak and hatorade binge fails to take that into account.

All your strawmen can be turned around and applied to Pakistan.

Keep on whinging about GDDS and BBS.

 

[Nilgiri]

but our exports kept rising.

Very incrementally (and only from business latency rather than any productivity or capital efficiency improvement)...and not as much as they would have with the GSP from US. It clearly shows how dependent BD is on LDC quota process....both in the current and heritage momentum from it.

but things are improving fast.

LOL...no they arent. You have to actually improve your basic core institutional capacity....like how to actually handle multi-stream court litigation with multiple labour blocs instead of delegating all of that to big govt thugs.

Why do you think BD keeps extremely high excise duty rates on even the simplest of assembly industries outside of RMG?

But naaaah its all just "infrastructure" (which you still are decades behind everyone else and not improving "fast" at all).

Your country stinks at industrialisation....end of story.

Pakistan's lack of success is due to not investing in workers, processes and equipment and not due to trade barriers.

Doubt that....they never got the same LDC level access and help as BD did for decades now....so we will never know in the first place. If they were truly worse off on it it would show in their social and income development when in developed 3rd party (million times more credible than BD) countries compared to you. But they earn 50% more than you lot in the US....not 5 or 10%...50%. So yeah, it doesn't jive (just like those teenage pregnancy and birth rates you have w.r.t your claimed fertility rate).

@django @Major Sam @Game.Invade @CHACHA"G"

about GDDS and BBS.

Yeah it must be fun dumping inflation as growth and watching the poor eat less and less....just to feel a bit better about the Dhaka open stink everywhere and zero intellectual output status. Joy Bangla.

@bluesky

 

[American Pakistani]

Bangladeshis work harder to deliver higher quality garments at lower prices
Garment industry is a low margin industry. quit blaming others for your incompetence

Bangladeshis are forced to work harder by their govt with lowest minimum wages around.

I believe you are blind or dumb or rturd who failed to see that I did mentioned Pakistan's incompetence as one of the other reason.

 

[UKBengali]

Bangladeshis are forced to work harder by their govt with lowest minimum wages around.

I believe you are blind or dumb or rturd who failed to see that I did mentioned Pakistan's incompetence as one of the other reason.

You aware that minimum wage in garments is now 100 US dollars a month for BD?
Pakistan's minimum wage currently sits at 107 US dollars a month.

What is the difference there?

 

[Nike]

Actually the increase of Bd export toward US is much to do with the maturing of Bd market product in US, albeit the increasing in the last five year is not much and very marginal and can tell you it just dominated by RMG product

https://www.census.gov/foreign-trade/balance/c5380.html

 

[UKBengali]

The whole year is what is being talked about. When there is a relative depression in the exact same period previously...that adds a low base effect (which bumps up the next years performance even if its just average or less than average to the norm), which is effectively a seasonal variation in the longer cycle.

The onus is then to see what the final year result actually is. I know its kind of hard to grasp for someone who thought that peak load in electricity correlates 1:1 to total integral consumption. But then again the low patent and science output speaks volumes about that anyway.

Again, you disabled in the mental area?

Last fiscal there was only a 2% increase in exports and so this near 20% can be thought of as making up both years pretty much. BD is doing well to be increasing it's exports by an average of 10% a year, would you not agree?

 

[American Pakistani]

You aware that minimum wage in garments is now 100 US dollars a month for BD?
Pakistan's minimum wage currently sits at 107 US dollars a month.

What is the difference there?

Yes I'm aware that Bangladeshi minimum wage was 64 which was increase to 95$ and is currently 95$ whereas Pakistan's minimum wage in 2017 was 133$.

Your workers are being looted by foreign companies but your govt only care to keep companies happy and workers crushed.

 

[UKBengali]

Yes I'm aware that Bangladeshi minimum wage was 64 which was increase to 95$ and is currently 95$ whereas Pakistan's minimum wage in 2017 was 133$.

Your workers are being looted by foreign companies but your govt only care to keep companies happy and workers crushed.

Looted? That is the wrong way to see it.
BD is balancing between jobs and wages so that both the workers and the employers benefit.
Current Pakistan minimum wage for this year is 107 US dollars at current exchange rates.

 

[American Pakistani]

Looted? That is the wrong way to see it.
BD is balancing between jobs and wages so that both the workers and the employers benefit.
Current Pakistan minimum wage for this year is 107 US dollars at current exchange rates.

lol, it seems like only the employers are benificiary here as they have sense your govt's thought process in which they don't give a fk about workers.

If a country like Pakistan which is currently fighting a war while dealing with international restrictions and holding an enemy on it's back foot which is way bigger and still keeping the minimum wage at 15,000 of its currency, Bangladesh who don't have any similar challenges can easily have minimum wage at 20,000taka.

 

[Bengal71]

You aware that minimum wage in garments is now 100 US dollars a month for BD?
Pakistan's minimum wage currently sits at 107 US dollars a month.

What is the difference there?

The problem is butthurt. If they could manage to prop up an industry with this sum of export volume they would grab it with two hands. So they will fault fine anything and everything while pretending to care for our "Poor and Oppressed" workers as if they are well wishers and giving good advice. Their true colours are in the posts where some users were hoping that it would benefit Pakistan.

lol, it seems like only the employers are benificiary here as they have sense your govt's thought process in which they don't give a fk about workers.

If a country like Pakistan which is currently fighting a war while dealing with international restrictions and holding an enemy on it's back foot which is way bigger and still keeping the minimum wage at 15,000 of its currency, Bangladesh who don't have any similar challenges can easily have minimum wage at 20,000taka.

Yes yes, let our government and industries loot those workers. We still are one of the biggest textile exporters in the world. You would have it in a heartbeat if you could.

Don't worry about workers and their work conditions. Worry about your industries and exports.

 

[nahtanbob]

Bangladeshis are forced to work harder by their govt with lowest minimum wages around.

I believe you are blind or dumb or rturd who failed to see that I did mentioned Pakistan's incompetence as one of the other reason.

Bangladesh government cannot make anyone work harder ... if governments were that capable it wouldn't be a 3rd world country. the wages are set by supply and demand
if minimum wage was the success criteria China would be exporting several times what Pakistan or Bangladesh

to the degree pakistani textile exports are sagging incompetence is the only reason I can think. Maybe there is a better explanation.