What's new

Haters gonna hate but the future belongs to us! :D

. .
LOL But they say our Mumbai will drown first :cry: .

After that BD will lead Asia . ;)
Go read some data if you can understand. Average elevation of Mumbai is 8 meters above sea level while Chittagong is 15 meters. So which city will be drown first if sea level hypothetically rise 10 meters?
 
.
Everybody. :)

HiRes.jpg

Can u simplify it by keeping just North , East, West and South only will be easy to spot Philippines then . :p:
Yes its in east. :)
 
. .
Go read some data if you can understand. Average elevation of Mumbai is 8 meters above sea level while Chittagong is 15 meters. So which city will be drown first if sea level hypothetically rise 10 meters?

dude! What are you talking about ? If MSL rises 10 mts, then its chapter closed for a city that has an average elevation of 15 mts anyway!
Shouldn't we be looking into the reasons why sea level is rising and focus our energy to counter that, instead of putting bets on who drowns first ?
 
.
dude! What are you talking about ? If MSL rises 10 mts, then its chapter closed for a city that has an average elevation of 15 mts anyway!
Shouldn't we be looking into the reasons why sea level is rising and focus our energy to counter that, instead of putting bets on who drowns first ?
I didn't start this drowning stuff.This thread is not about that.There are several thread in PDF about sea level rising and BD's response to that threat if that really threatened in big ways.Just Remember half of Netherlands are already below sea level and they are not only surviving but also flourishing. No part of BD is below sea level.Read this thread-
Bangladesh Govt eyes 10,000 square km land from sea thru reclamation
 
.
London won't dominate forever
Chittagong among top 5 int'l finance hubs of the future
Paul Hermann

Chittagong, a major coastal seaport city and financial centre in southeastern Bangladesh, has been forecasted as an emerging financial powerhouse of the future world.

A recent opinion piece by Paul Hermann, the co-founder and managing director of Lamudi, a global real estate portal, expects the world will witness the continued growth of Chittagong along with four other financial hubs over the coming years.

Take A Look: Bangladesh's female motorbike mechanics

The article reads that, at the moment, western cities such as New York and London dominate as international financial centres, but increasingly hotspots are emerging in the developing world and catching the attention of investors.

Dubai is one of the Middle East's most attractive places for investors Photo: Getty

The five emerging financial powerhouses undergoing infrastructural and technological developments and becoming increasingly attractive to international financial corporations looking for new opportunities are as follows:

1. Dubai

Dubai is the biggest financial hub in the Middle East, but not yet in the world. Home to international powerhouses such as Goldman Sachs and JPMorgan Chase, the city is becoming an increasingly influential player in global finance. Its enticing tax laws, stable banking system, and favourable business environment are putting it on the map.

2. Doha

Neighbouring Doha is also steadily growing its reputation as a financial hub. As oil prices fluctuate, both UAE and Qatari leaders are focusing on diversifying their economies in a move away from dependence on the oil and gas sector. As a result, the financial sector is moving into the spotlight, to attract international investment into the Middle East.

3. Makati

This is the Philippines’ most important central business district. I believe in the coming years it will become a globally recognised financial hotspot. It is home to headquarters of the country’s largest banks, and the main trading floor of the Philippine Stock Exchange. Furthermore, the city boasts the highest concentration of local and multinational companies, and major banks in the Makati Central Business District (CBD).

4. Mexico City

In 2014, Mexico City, Mexico’s most important financial centre, had 62 greenfield investment projects in progress, valued at $2,243m. We have seen rapid urbanisation into Mexico’s major cities, and as the country’s focus shifts from agriculture to industry, Mexico City's financial centre is set to benefit big time. It already boasts an international stock exchange, and attracts a growing number of foreign property investors, who value Mexico’s proximity to the United States.

5. Chittagong

This major commercial, industrial and financial hub in the south of Bangladesh is developing fast. The Chittagong Stock Exchange has more than 700 listed companies, while the city itself is home to a number of Bangladesh’s largest corporations. Its strategic location in close proximity to Myanmar and India makes Chittagong an interesting consideration for international financial service providers. Furthermore, the proposal to build road connectivity from Chittagong to Kunming, Southwest China, via Cox’s Bazar and Myanmar, will create an economic corridor to strengthen infrastructure in the region.

Also Read: How one architect transformed education in flood-ravaged Bangladesh

The opinion piece also observed that while these markets can currently prove challenging in many ways, as they are immature and often gripped by political tensions, they offer great opportunities as long as well-researched decisions are made and realistic strategies are in place.

In many emerging markets, the global community is seeing the young, dynamic populations entering the workforce, stated the article. “These talented, ambitious workers are driving innovation. Where there is innovation and determination there is opportunity for success.”

- See more at: Chittagong among top 5 int'l finance hubs of the future | Dhaka Tribune

It will take some efforts to build financial hubs. Quantitatively by size of stock market capitalization/transaction now the hubs are New York, Hong Kong, Shanghai, Tokyo, London, Singapore, Zurich, etc. If rated qualitatively say according to GFCI (Global Financial Centres Index) a financial hub requires good performances in "business environment", "financial sector development", "infrastructure factors", "human capital", "reputation and general factors".

Therefore it's not easy but not impossible, good luck BD!
 
Last edited:
.
I didn't start this drowning stuff.This thread is not about that.There are several thread about sea level rising and BD's response to that threat if that really threatened in big ways.Just Remember half of Netherlands are already below sea level and they are not only surviving but also flourishing.Read this thread-
Bangladesh Govt eyes 10,000 square km land from sea thru reclamation
Attending to the more interesting part first, many parts of Netherlands are actually below the msl or almost at par. That's why in some of their coastal areas they have high walls to counter the sea. Funny way how humans manage to survive, isn't it ? They have a lot of windmills too, but that's another story. It has always been so for Netherlands even before the rise of sea level started becoming a threat. So, not the correct parallel here.
Now, if this thread is not about that then why are you loosing the objectivity ? Who owns the thread ? Isn't it you ? :D
 
.
Attending to the more interesting part first, many parts of Netherlands are actually below the msl or almost at par. That's why in some of their coastal areas they have high walls to counter the sea. Funny way how humans manage to survive, isn't it ? They have a lot of windmills too, but that's another story. It has always been so for Netherlands even before the rise of sea level started becoming a threat. So, not the correct parallel here.
Now, if this thread is not about that then why are you loosing the objectivity ? Who owns the thread ? Isn't it you ? :D
I only replied to the some Indian member's claim about Chittagong will be drown in the future.So no future for the city. So I just answered to their claim.

Sea level rise is a major threat for the low lying island countries as they have larger coastline length to land area ratio and sparsely populated coastal areas around the world where creating any defensive measure against sea will out weight the benefit of keeping the population in those coastal areas. But Bangladesh which is surrounded by land on three sides and have only 580 km coastline and huge population of 160 million, It is out of question to loose valuable land to sea. So it will be a top priority if ever it become a real threat.

To put into perspective, if all the ice in the world including entire Antarctica melt away then sea level will rise by 64 meter and if only all the Greenland ice melt then sea level will rise by 7 meters. Antarctica ice-shield which contain 90 percent of all ice will not melt away even if global temperature rise significantly as it is too much cold to melt away.It didn't melt in the last 50 million years after its forming,so no threat of being melt in current times.

What scientist are worried about is Greenland ice-shield which have capability to rise sea level by 7 meters.But to melt the entire 1.7 million square km Greenland ice-shield it would take many thousands of years. What IPCC is predicting the leading global warming proponent, is rising sea level of 1 meter by 2100 AD. Which may flood 10 percent of our land if we don't take any preventive measures.But some members here have lost all of their sense of proportion and claiming entire BD will go under water very soon.Which is laughable at best.
 
Last edited:
.
I only replied to the some Indian member's claim about Chittagong will be drown in the future.So no future for the city. So I just answered to their claim.

Sea level rise is a major threat for the low lying island countries as they have larger coastline length to land area ratio and sparsely populated coastal areas around the world where creating any defensive measure against sea will out weight the benefit of keeping the population in those coastal areas. But Bangladesh which surrounded by land on three sides and have only 580 km coastline and huge population of 160 million, It is out of question to loose valuable land to sea. So it will be a top priority if ever it become a real threat.

To put into perspective, if all the ice in the world including entire Antarctica melt away then sea level will rise by 64 meter and if only all the Greenland ice melt then sea level will rise by 7 meters. Antarctica ice-shield which contain 90 percent of all ice will not melt away even if global temperature rise significantly as it is too much cold to melt away.It didn't melt in last 50 million years after its forming,so no threat of being melt in current times.

What scientist are worried about is Greenland ice-shield which have capability to rise sea level by 7 meters.But to melt the entire 1.7 million square km Greenland ice-shield it would take many thousands of years. What IPCC is predicting the leading global warming proponent, is rising sea level of 1 meter by 2100. Which may flood 10 percent of our land if we don't take any preventive measures.But some members here lost all of their sense of proportion and claiming entire BD will go under water very soon.Which is laughable at best.

And now you have successfully turned it into a thread about rise of sea level and it's effects..cheers :enjoy:

p.s. Take a hint, talk only about the subject. It is not necessary to reply to anybody and everybody.
 
. .
It will take some efforts to build financial hubs. Quantitatively by size of stock market capitalization/transaction now the hubs are New York, Hong Kong, Shanghai, Tokyo, London, Singapore, Zurich, etc. If rated qualitatively say according to GFCI (Global Financial Centres Index) a financial hub requires good performances in "business environment", "financial sector development", "infrastructure factors", "human capital", "reputation and general factors".

Therefore it's not easy but not impossible, good luck BD!

Thanks bro. I think Shanghai could serve as the best model for Chittagong to be a top international finance hub in the future. :cheers:

Its so sad to see that we're building so many Cities and still future belongs to our Neighbours. :cry:

Delhi - Mumbai Industrial Corridor (DMIC)

Such industrial corridors are being built in every developing countries in Asia.
 
. . .
Back
Top Bottom