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  1. GeraltofRivia

    Economic zones to create 1cr jobs, boost export by $40 billion

    Exactly, as long as SOE runs like a private enterprises and operates in a market economy (ie full competition), the ownership is not that relevant. Apart from SOE, there are council owned enterprises and community owned enterprises (eg utility companies), which are proven just as efficient and...
  2. GeraltofRivia

    Why does China keep supporting Burma in the Rohingya crisis?

    Fair enough and the historians seem to find it difficult to determine whether these bengal migrants were the same population that was deported during the Burmese conquest in the 18th centuries. It could well be they are. I don’t think anyone is denying their due right but call for a practical...
  3. GeraltofRivia

    Why does China keep supporting Burma in the Rohingya crisis?

    We should be quite conscious that the current Rohingya issue has a long history and had its root cause from the British colonial period. While we are sympathetic to the misery of common people (including Rohingya Muslim, Rohingya Hindu and Arakanese), it is more than just a humanitarian issue...
  4. GeraltofRivia

    Vietnam lures $35.46 billion FDI in 2018

    Thanks but I thought greenfield investment is included in the FDI statistic, together with joint ventures and acquisitions. It also would be too much an accounting variant ie double the size. Um...:what:
  5. GeraltofRivia

    Vietnam lures $35.46 billion FDI in 2018

    According to WB data, Vietnam’s FDI, net flow in 2017 was $14.1b in current USD. Singapore was $63.3b USD for the same period. Not too sure how can it has $35b in one year. https://data.worldbank.org/indicator/BX.KLT.DINV.CD.WD?locations=VN-SG
  6. GeraltofRivia

    Planning ministry clarifies news article on CPEC debt

    People seems to deliberately ignore that majority of the CPEC investment is private undertaking, Pakistani and Chinese are not directly involved (ie not on their balance sheet) apart from attending the signing ceremony.
  7. GeraltofRivia

    Pakistan to pay China $40 billion in 20 years

    This newspaper seems to knowingly or unknowingly ignore the fact that majority of CPEC is on a BOT basis, meaning it was Chinese contractors funded by Chinese banks, they will build the project, operate for the agreed years and pass the ownership to Pakistan. The proportion of direct loan that...
  8. GeraltofRivia

    How Britain stole $45 trillion from India

    Indian Raj was an important, if not the most important, factor by which British became the first country completing the industrialization in the history. Its huge population, arable land and natural resource provided British a large economy that it can extract tremendous amount of wealth to...
  9. GeraltofRivia

    Integral Coach Factory - Indian Railways' manufacturing powerhouse

    54,000 coaches later, an Indian train factory is hitting reset for the high-speed age By Sushma U NMarch 7, 2018 Upon entering the premises of the Integral Coach Factory (ICF) in the southern Indian city of Chennai, what meets the eye first is not train coaches being built. Instead, it is...
  10. GeraltofRivia

    Japan accuses South Korea of 'extremely dangerous' radar lock on plane

    Regarding the incident of an ROK naval vessel directing its fire-control radar at an MSDF patrol aircraft December 22, 2018 Ministry of Defense of Japan The original text is in Japanese. On December 21, the Ministry of Defense made a public announcement regarding the incident occurred on...
  11. GeraltofRivia

    Japan accuses South Korea of 'extremely dangerous' radar lock on plane

    22 December 2018 TOKYO/SEOUL (Reuters) - Japanese Defence Minister Takeshi Iwaya "strongly protested" to South Korea on Friday after a South Korean destroyer allegedly locked its targeting radar on a Japanese surveillance plane. Iwaya, speaking to reporters at his ministry, described the...
  12. GeraltofRivia

    The rise and rise of Bangladesh

    The low FDI in Bangladesh appears to be an interesting observation. It is pretty low for a country that has done so well in garments export. The countries that at this stage of development should attract a healthy 4-5% FDI as percentage of GDP (see Vietnam or Myanmar as a comparison). I am not...
  13. GeraltofRivia

    Pakistan among worst performers on gender equality: WEF

    I must say there is significant gender inequality in China these days, in which men are so disadvantaged and marginalized. Women are totally dominating all aspects of decision making. Women are educated and trained as much as any men, they are paid as just good if not more. A clear sign of the...
  14. GeraltofRivia

    China and Russia may set up energy alliance, Moscow’s top envoy says

    A lot of work is already happening for supplying Russian gas to China, South Korea and Japan. The pipeline on the east coast of Siberia is called Sakhalin-Khabarovsk-Vladivostok pipeline. It is nicely positioned to supply SK and Japan via LNG or seabed pipeline. The most significant part of the...
  15. GeraltofRivia

    Pakistan’s Exports of Goods to China Rise by 17.8% in Q1 FY2018-19

    Excellent news! We should make sure the export from Pakistan to China grow at 20%+ rate with various policy support. I’d fully support a preferential treatment to Pakistan business (ie duty free) in China for a least few years to strengthen the economy and improve the tax basis. This is actually...
  16. GeraltofRivia

    Trade war buoys apparel industry in Bangladesh and Vietnam

    Here you go, data from WTO database.
  17. GeraltofRivia

    Trade war buoys apparel industry in Bangladesh and Vietnam

    For your information, China exports $158 billions of apparel products in 2017. Based on the current level of 29 billions, Bangladesh needs to grow by 7% for 10 years undisruptively in order to reach $60 billions.
  18. GeraltofRivia

    Trade war buoys apparel industry in Bangladesh and Vietnam

    I cannot say with confidence without a detailed analysis but I am guessing what blocks Bangladesh industry from upgrading and diversifying is that the profit margin is so slim for the local manufacturers that it is only sufficient for them to keep going, but not sufficient to expend and upgrade...
  19. GeraltofRivia

    India To Expand Gas Pipeline To Myanmar Through Bangladesh

    Then this all starts to make sense. Yes, India has 2 out of 6 companies (ONGC Videsh and GAIL) that jointly own and developed the gas fields with CNPC is the sole buyer of Shwe gas. Looks like some great cooperation happened here :cheers:
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