Bangladeshi billionaires: Where art thou?

[SMX 3.0]

Our educated has somewhat oppertunity not denying recently there are some who is going overseas like me. But we are still a minority.

You do not have much educated folks either.

400,000 skilled personnel from India, Sri Lanka & even countries like Honduras and DPRK work in Bangladesh as Bangladeshi graduates lack skill.

That's not my statement. That's your UGC chairman speaking.

You need to understand the poster's mindset, Bangla USA diaspora is poorest among American Asians, even those who are American born

It's a kind of coping mechanism I suppose, he can be seen mocking the supposed "spending habits" of Indians while claiming that Bangladeshis usually consume cup of tea worth 300 taka.

 

[Kyusuibu Honbu]

Second serious probelm in internal control. I am not sure if any bd company listed follow sox standard internal controls. And third lack of public trust because of past scandals involving general ppl losing everything.

Does Bangladesh Govt have its SOX 404 equivalent?

It's a kind of coping mechanism I suppose, he can be seen mocking the supposed "spending habits" of Indians while claiming that Bangladeshis usually consume cup of tea worth 300 taka.

Their country is cursed with an incompetent diaspora, they are going to learn its consequences eventually

 

[Rushd Alam]

You need to understand the poster's mindset, Bangla USA diaspora is poorest among American Asians, even those who are American born

View attachment 857307


Poverty ridden people have a unrealistic assumptions regarding wealth and have very wrong understanding of being rich

Hence no surprises he/she/it equates pictures of supercars to opulence

Its unfortunate people like him are so gullible and hence get exploited by all

Maybe when their socio-economic status improves in USA, mindset might change and this can take generations

Such jokes, when you cant prove India is economically doing better than Bangladesh you are trying to change topic of overseas communities.

Why so ashamed of your countries status. Why ashamed to talk about dying farmers. Why you are only showing succesful IT professionals who only are 1% of your population are leaving the rest?

1% do not represent india, though they have all the wealth but rest are starving.

We also have 1% super rich, but they do not represent economic situation of our country. We are only 50 years old and started from nothing already crossed you, soon we will be twice as rich as you.

 

[Samar111]

It's good. We don't need more billionaires. What we need is less hungry people.

India Falls To 101 From 94 In Hunger Index Behind Pak, Nepal: Report

India has slipped to 101st position in the Global Hunger Index (GHI) 2021 of 116 countries, from its 2020 position of 94th and is behind its neighbours Pakistan, Bangladesh and Nepal.

www.ndtv.com

Funny how both Pakistanis and Bangladeshis use this index everytime

Bangladesh is nothing compared to India on the world stage. India is what we call a great power aka global power. Which means that are we can influence world events. You guys are not even a regional power LMAO....

 

[Maira La]

India is what we call a great power aka global power. Which means that are we can influence world events.

Couldn't even influence event closer to home..

 

[SMX 3.0]

Such jokes, when you cant prove India is economically doing better than Bangladesh you are trying to change topic of overseas communities.

IMF WEO database April 2022

Select Country or Country Groups

www.imf.org

GDP per capita (nominal USD)

India $2515
Bangladesh $2362

GDP per capita (PPP USD)

India $8358
Bangladesh $6633

You're doing better in what, exactly?

soon we will be twice as rich as you.

Yes, surely will happen with your GSP quota dependent low Economic complexity economy.

Many low-income countries, including Bangladesh, Venezuela, and Angola have failed to diversify their knowhow and face low growth prospects. Others like India, Turkey, and Malaysia have successfully added productive capabilities to enter new sectors and will drive growth over the coming years.

 

[Kyusuibu Honbu]

Such jokes, when you cant prove India is economically doing better than Bangladesh you are trying to change topic of overseas communities.

Why so ashamed of your countries status. Why ashamed to talk about dying farmers. Why you are only showing succesful IT professionals who only are 1% of your population are leaving the rest?

1% do not represent india, though they have all the wealth but rest are starving.

We also have 1% super rich, but they do not represent economic situation of our country. We are only 50 years old and started from nothing already crossed you, soon we will be twice as rich as you.

Most Indians are aware of Bangladesh's economic success story

Bangla diaspora's bizarre opinions puzzle Indian posters here, which range from religious extremism to supporting white supremacist ideals

Little digging up on the socio-economic backgrounds provide answers to above mindsets
Immigrants not able to integrate within the host nation are more likely to get into anti-social elements and mindsets

 

[SMX 3.0]

Why so ashamed of your countries status.

It's your ilk who is ashamed of reality of your supposed "Asian tiger economy". I have seen the most creative excuses for Bangladesh's extremely low consumption figures, which contradict the supposed "economic development''

Bangladesh has low number of personal vehicles (cars, motorcycles) because Bangladeshis prefer eco-friendly modes of transport.

Bangladesh has lower sales of smartphones per capita, as Bangladeshis prefer to smuggle them in.

Bangladesh has much lower per capita electricity consumption because it's industries are more efficient.

Bangladesh has lower consumption of primary energy per capita, as motor vehicles in Bangladesh are more efficient.

There are zillion such excuses, all to hide the fact that the reality is quite different from whatever your statistical bureau publishes.

 

[HydraChess]

We also have 1% super rich, but they do not represent economic situation of our country. We are only 50 years old and started from nothing already crossed you, soon we will be twice as rich as you.

*Ahem*

"You" ie BD are a country of some 160 odd millions. And no, you have NOT crossed "India" in "richness". What you have achieved is a marginal lead over India in nominal GDP per capita not adjusting for inflation. In terms of mean wealth per capita you are at half of India. In median wealth wealth terms you are almost equal to India. Do remember, that India is about 8-9 times in population of Bangladesh and that slows its growth. China for instance has not yet caught up with Taiwan or Japan in per-capita wealth or GDP.

 

[EasyNow]

This thread is hilarious - Indian superficial thinking and small hearts in full display!

Only Indians would celebrate billionaires when hosting 80m of the world's most extreme poor - and that's just the women.

The same billionaires who have stolen billions of Indians savings. Have citizenships in other countries and have homes, families and assets in every country least of all India.

Those billionaires are nothing to be proud of, they're the symptom of a cruel, greedy society - and you know it.



And then Indians judging BD for lacking cars - another example of their superficial values. Happy to watch their countrymen starve but show off in a nice car.

BD policy and society is a compassionate one. Every Bangladeshi understands that more cars are no good for society and you will never see a complaint.

Honestly, only an empty, morally bankrupt society with no values and no direction could produce the modern Indian mind.

I hope for Indians sake, that with increasing wealth, Indian society can afford to become more compassionate.

 

[Rushd Alam]

You do not have much educated folks either.

400,000 skilled personnel from India, Sri Lanka & even countries like Honduras and DPRK work in Bangladesh as Bangladeshi graduates lack skill.

That's not my statement. That's your UGC chairman speaking.



It's a kind of coping mechanism I suppose, he can be seen mocking the supposed "spending habits" of Indians while claiming that Bangladeshis usually consume cup of tea worth 300 taka.

There has been skill shortages as we are growing exponentially so it is expected. We are now closing the gaps fast and universities are producing enough graduates to fill up the roles.

As we are moving from agricultural to manufacturing very fast there is a huge demand for skilled workers, hence we have overseas workers. Slowly their numbers will come down. Our country is growing too fast and its a huge challenge from agriculture based population to learn new skill fast but It is happening.
We are only 50 years old, if you know your history we have been under british rule since 1757 unlike india pakistan and got our Independence only on 1971 after centruries of exploitation by foreign rulers.

From 1971 to 2020 literacy rate went from 24% to 78%. Our focus was general literacy first now we are focusing on higher education, as we have huge shortage of skilled workers with technical skills like in china, vietnam. Resourses are being allocated and soon gaps will be filled to accelerate our growth.


So our situation cant be compaired with India as we first have the industry then we are creating our skill labour, whereas India has skilled labour but not industry thus educated exodus to foreign land. You will also see our majority labour export is unskilled as they are transitioning from agricultural communities.

If only education and skill could have brought prosperity then Srilanka wouldnt have been in the position it is in now. We are not trying to rum before we can walk, like other east asian countries, we want to get to manufacturing.

You will see there are highly educated students in Bangladesh who are struggling, rightly so as there is no industry to employ them as manufacturing industry do not need masters or phd. It needs technical educated people. Thus there is recent exodus of the highly educated students from Bangladesh recently.

Here are some Bangladeshies who want to see Bangladesh follow Indias path to overlook manufacturing and skip to high skill industry but I am personally against it as I believe without proper foundation a building would collaps. But that is my view

 

[HydraChess]

Only Indians would celebrate billionaires when hosting 80m of the world's most extreme poor - and that's just the women.

Huh? Where did you hear this? Some outdated source? India has total 83 million under 1.9 dollars per day ppp. It includes both men and women. https://worldpoverty.io/map

 

[Samar111]

Couldn't even influence event closer to home..
View attachment 857321

Couldn't even influence event closer to home..
View attachment 857321

We created your shithole and we can end it as well

 

[Rushd Alam]

*Ahem*

"You" ie BD are a country of some 160 odd millions. And no, you have NOT crossed "India" in "richness". What you have achieved is a marginal lead over India in nominal GDP per capita not adjusting for inflation. In terms of mean wealth per capita you are at half of India. In median wealth wealth terms you are almost equal to India. Do remember, that India is about 8-9 times in population of Bangladesh and that slows its growth. China for instance has not yet caught up with Taiwan or Japan in per-capita wealth or GDP.

Whatever stats you are ahead now soon we will cross it, insallah. Look at posts in here of 2018- 19 here if you can. We were then taking about crossing Pakistan then and was estimating to cross India by 2025. But this came way earlier then even our prediction.

Its just we are running a sprint a marathon. you are not fast enough. You will still be where you were in next 4to 5 years with modi and we insallah will be waayyyy waay ahead.

And we dream to become wealthy like japan taiwan if possible and not china, as we are not a large country and our aspirations are different to yours.

 

[HydraChess]

Whatever stats you are ahead now soon we will cross it, insallah. Look at posts in here of 2018- 19 here if you can. We were then taking about crossing Pakistan then and was estimating to cross India by 2025. But this came way earlier then even our prediction.

Its just we are running a sprint a marathon. you are not fast enough. You will still be where you were in next 4to 5 years with modi and we insallah will be waayyyy waay ahead.

And we dream to become wealthy like japan taiwan if possible and not china, as we are not a large country and our aspirations are different to yours.

Big country are always slow, so no doubt you *should* cross it, "Allah" willing or not. Its weird that it took this long. But that being said, with your lack of value addition, its likely you will fall in middle income trap.