Bangladesh's garments exporters brace for slowdown after Walmart warning

[my2cents]

True - but the writers sitting in New Delhi (even if they are in name employed by Reuters) cannot be considered neutral from influence exerted by Godi Media.

Look at the subject matter too.

This is clearly biased against Bangladesh' commercial and economic interests.

I am sure Bangladesh govt. could complain to Reuters for this biased reporting but first of all - we as Bangladeshis should not support these Indians writing on these subjects by re-posting these stories when we know that the reporting is clearly without basis.

I didn't find any bias in the article. It just quoted people from the textile industry themselves. That takes a lot of effort and time. Reuters is well known media and news outlet.

 

[UKBengali]

I agree.

We are some of the most resilient people on earth, our people can literally go foraging to survive and even weather a famine. However, current situation is not a BD specific situation which indicates economic mismanagement. It's the effect of COVID and Ukraine war, every country is affected by this. I wonder if all or most countries get affected by the inflation/oil price/recession, it will have some kind of a "cancellation effect". Member with knowledge of economics please help. @UKBengali

BD would be just fine as it does not do the hi-end garments as already mentioned.

Government has already managed to reduce import bills to exports + remittance income and so foreign exchange reserves are stable now. Just under 40 billion US dollars now and not falling anymore.

Demand for oil is low as BD discourages the use of cars and so again saving precious foreign exchange.

In terms of power crisis that will slowly start to ease(or at least not get any worse) as Roopur reactors come online in 2023 and 2024 - yes they are significant as both combined will deliver around 12% of BD total demand in 2024 and so will tip the balance into just about manageable.

There will be difficult navigation over the next 12-18 months but BD is one of the best placed developing countries in the world to come out of it without a serious foreign exchange/currency crisis.

 

[BananaRepublicUK]

We consider Hasina a chief minister of India's 32th state called Bangladesh.
No matter how you islamist jamati turns the facts into your propaganda as you are very less in number, Hasina loves Modi.

You cowpiss drinkers were ruled by Muslims for 500 years and then 250 years of Christian rule.

Bangladeshi Muslims will once again rule over you.

It is our destiny to rule over cow piss drinkers.

 

[The BrOkEn HeArT]

You cowpiss drinkers were ruled by Muslims for 500 years and then 250 years of Christian rule.

Bangladeshi Muslims will once again rule over you.

It is our destiny to rule over cow piss drinkers.

Little lungi. You are converted, not ruler.