Bangladesh goes one step forward

[Aung Zaya]

How did you count? Your government dont even have access to 50% of the territory. I can bet Myanmnar population is more than 90 million... More so, huge number of people living as refugee and expat which were not counted as they are free loader.

LOL... can't even access to 50%..? last population data covered over 93% of the country with the help of HTC corp , UN organizations and world bank funding.. don't be jealous we're at upper state income than u...

Douchebag - apart from the railways the other projects I mentioned are actually being built now. Padma brige, Russina nuclear power plant and Japanese coal-fired power plants are all in construction. Dhaka metro construction will start soon as the money and plan of the project has already been approved.

Padma bridge - only the longest bridge in the whole of South Asia! It will literally connect the South-West of BD will be the capita Dhaka and the rest of BD by road, rail and gas connectivity. The economy of the South-West will get a massive boost when this bridge is ready in a few years time.

Russia, China, Japan and India(not really desirable) are all investing big-time in BD and so what does it matter what you think about BD?

LOL.. how much they invest..? 1B or 2B..? , may be not sure even this amount...

 

[TopCat]

Every country in Asia has massive infrastructure projects on paper, you clown. The difference is ours are actually breaking ground. Yours are not even finalised conceptually. And what is the deal with this bridge? It's just a bridge.

What I see is despite your slave labour econony, the FDI and foreign expertise is not there to take you towards the next step. I don't blame them either with all those islamist nut jobs waiting for their chance.

It's telling that being classed with the likes of us and Tajikistan is cause for celebration.
.

Apart from infrastructure, BD is posting 9-10% industrial growth rate years after year. Now 30% of our workforce work in factory. And interestingly everything is done through domestic investment. Thats what matters and thats what makes BD economy different than any other country in SAARC or South Asia. Burmese are not in the league yet.

LOL... can't even access to 50%..? last population data covered over 93% of the country with the help of HTC corp , UN organizations and world bank funding.. don't be jealous we're at upper state income than u...

Ohh come on!! We know all about it...

 

[chaanmia]

LOL... can't even access to 50%..? last population data covered over 93% of the country with the help of HTC corp , UN organizations and world bank funding.. don't be jealous we're at upper state income than u...

how? i heard kachins can shoot

 

[Aung Zaya]

Ohh come on!! We know all about it...

u know what..? mr.troller

UNFPA Myanmar -- Myanmar Census 2014: The Union Report Volume 2

how? i heard kachins can shoot

Russia, China, Japan and India(not really desirable) are all investing big-time in BD and so what does it matter what you think about BD?

LOL... Bd can attracted more investments..?? i dont think so..

FDI in Bangladesh drops 4.74 percent in one year -
bdnews24.com

mean while , Myanmar got 2.3B investment within a month for FY 2015/2016....

 

[alaungphaya]

u know what..? mr.troller

UNFPA Myanmar -- Myanmar Census 2014: The Union Report Volume 2







LOL... Bd can attracted more investments..?? i dont think so..

FDI in Bangladesh drops 4.74 percent in one year -
bdnews24.com

mean while , Myanmar got 2.3B investment within a month for FY 2015/2016....

BD doesn't get FDI. It gets aid and soft loans. Like a basket case.

 

[Rasengan]

This is shocking to see Burmans are listed high income than BD. I cant believe this. There must be more Burmese hiding in the forest whom are not counted. Including them their figure will go down further below.

To be honest the economy of Myanmar is based upon natural resources. Essentially they control the Jadeite market which generates billion of dollars each year to the exchequer. In addition, roughly 85-90% of the world's rubies actual come from Myanmar through dealers based in Bangkok, therefore the ruling junta controls a substantial amount of money. I am not advocating the idea that the country is rich, however it would be wrong to assume that they are very poor.

 

[TopCat]

BD doesn't get FDI. It gets aid and soft loans. Like a basket case.

BD will never seek FDI the way myanmar getting. We generate enough capital formation to excel economy by itself.
FDI/Gross capital formation will never be allowed more than 5-8% in BD.
Myanmar has no other option but FDI.

 

[Bilal9]

At the end of the day - there has to be some mutual synergy between the two economies.

Myanmar as a large (though not largely arable by percentage) country has plenty of natural and mineral resources which Bangladesh can utilize for its own consumption.

Similarly - Bangladesh can also export life-saving drugs and many other export items to Myanmar at much more competitive costs than other countries. Our export basket is getting more diverse day by day. I'm sure Myanmar may also be in the same boat.

The only people who gain by our silly little border skirmishes are our larger neighbors - sowing distrust and hate.

@Aung Zaya and @alaungphaya how about some threads like 'Made in Myanmar' and 'Yangon Architecture' (if they don't exist already)? Please post links.

 

[Zabaniyah]

At the end of the day - there has to be some mutual synergy between the two economies.

Myanmar as a large (though not largely arable by percentage) country has plenty of natural and mineral resources which Bangladesh can utilize for its own consumption.

Similarly - Bangladesh can also export life-saving drugs and many other export items to Myanmar at much more competitive costs than other countries. Our export basket is getting more diverse day by day. I'm sure Myanmar may also be in the same boat.

The only people who gain by our silly little border skirmishes are our larger neighbors - sowing distrust and hate.

@Aung Zaya and @alaungphaya how about some threads like 'Made in Myanmar' and 'Yangon Architecture' (if they don't exist already)? Please post links.

Import-export transactions are primarily done through our banks. We cannot do business with Burmese banks as per Patriot Act.

The best we can do is through telegraphic transfers (TTs), but the limit for the is only $10,000 as per our central bank regulation.

 

[monitor]

BD doesn't get FDI. It gets aid and soft loans. Like a basket case.

 

[Bilal9]

Import-export transactions are primarily done through our banks. We cannot do business with Burmese banks as per Patriot Act.

The best we can do is through telegraphic transfers (TTs), but the limit for the is only $10,000 as per our central bank regulation.

Interesting!

So how are the Thais and Singaporeans doing business with them? There are a large number of Myanmarese expats and businessmen in Singapore from what I have seen.

 

[EasyNow]

Congrats BD. Thank us. We have handled your affairs from back door to prevent your country from being a radical's paradise.

Lol! They say success has a million fathers, while defeat is an orphan.

I wonder where you were during the bad times?

Everything Bd is, is credit to our own hard work buddy. Our forex reserves, remittances, garments industry and general work ethic have been around for years.

AND most importantly, as a nation we value education and development.

 

[Bilal9]

BANGLADESH 2ND IN GDP GROWTH BY 2019

Bangladesh will rank 2nd in the top 10 of growth rate with 7% GDP while Iraq will top the list with 9.2% GDP in 2019

Bangladesh is set to be among the top 10 countries in terms of economic growth from 2013.

According to an IMF projection Bangladesh is will record the second highest growth in the world in 2019 with 7%. Iraq will top the list that year with 9.2% growth.

Based on data from the IMF’s flagship World Economic Outlook, a CNN report illustrates the size and growth of top economies.

The report only includes countries with a GDP worth over $100 billion (Tk7.8 lakh crore).

Qatar topped the list in 2010 and 2011 to be replaced by Iraq in 2012. Ranging back to 2002, the graph shows Bangladesh among the top growers in 2012 with 6.1%.

The following year, Bangladesh ranked 6th despite its slightly lower GDP growth of 5.8%.

In 2014 Bangladesh ranked 4th with 6% while China topped the list with 7.5%. Unlike most of the other top growing economies Bangladesh is projected to maintain a steady growth of over 6% rising to 6.5% in 2015 and then holding it at an impressive 7% between 2017 and 2019.

 

[Foxtrot-Bravo]

Glad to hear that, Thumbs up Bengalis

 

[UKBengali]

BD doesn't get FDI. It gets aid and soft loans. Like a basket case.

What is wrong with soft loans? BD is not ashamed to admit that it is still a poor country - remember BD only became independent in 1971.

At the rate that BD is progressing, expect BD to not need aid and soft loans within a decade. BD will in a decade's time be able to finance all it's own development spending from it's own resources.