Bangladeshi companies rush overseas as Dhaka relaxes rules

[Sully3]

Big houses in areas like DHA sector 5-6 In Karachi cost $20 million

 

[Nilgiri]

Then again blatant corruption in India seems invisible to him - so maybe he can't even assess the surface.

LOL...typical strawman argument. Where did I say India has no corruption? I am talking respective to BD, and the concept of overreach by govt (w.r.t corruption, credibility, transparency) applies to India as well (just nowhere near as much as BD though as one can plainly judge on the basis of 3rd party metrics that include both countries and are broad based).

If you honestly can't figure out India's govt and institutions are way better and on solid footing than scraping bottom of the barrel Bangladesh....thats hillarious and sad at same time....nowhere does that mean India's is perfect or even good/ok....but its definitely "not bangladesh level" and thank god for that.

Then you go ahead and argue that BD govt ought to have more money in its grubby, greasy hands over private BD hands...after all this evidence of how bad the BD govt and BD institutions are....lol. What do you assume the capex efficiency of the BD govt is compared to private BD enterpise? Just quote me a number nimrod if you dare.

Is it any wonder that BD scrapes 1 or 2 patent filings at the USPTO (Lately back to ZERO) each year for a country of 170+ million people? Bunch of dolts. Can lead a dolt to water, can't make him drink though.

 

[EasyNow]

It's amusing to see you burn so much. Do you even read the desperate idiocy you spout?

Bd is corrupt, so the government can't be trusted.

India is even more corrupt (according to your 'third party') but the govt is fine? So who is corrupt? Every other indian?


Your brilliant observation is that govt cap ex is less efficient then private enterprise? So bureaucracy is wasteful - really??? Ever checked how much it costs to change a $2 lightbulb in your local street genius?

OT: If you have the capacity, try to understand this: I don't expect honesty from the govt, though I'd like it, I don't expect accountability either. What I do expect is progress. Every man has the right to speculate if a policy will create progress.

Before you bring the stench of your low quality, spiteful and completely obtuse posts into a thread, ask yourself if you have an actual point.

LOL...typical strawman argument. Where did I say India has no corruption? I am talking respective to BD, and the concept of overreach by govt (w.r.t corruption, credibility, transparency) applies to India as well (just nowhere near as much as BD though as one can plainly judge on the basis of 3rd party metrics that include both countries and are broad based).

If you honestly can't figure out India's govt and institutions are way better and on solid footing than scraping bottom of the barrel Bangladesh....thats hillarious and sad at same time....nowhere does that mean India's is perfect or even good/ok....but its definitely "not bangladesh level" and thank god for that.

Then you go ahead and argue that BD govt ought to have more money in its grubby, greasy hands over private BD hands...after all this evidence of how bad the BD govt and BD institutions are....lol. What do you assume the capex efficiency of the BD govt is compared to private BD enterpise? Just quote me a number nimrod if you dare.

Is it any wonder that BD scrapes 1 or 2 patent filings at the USPTO (Lately back to ZERO) each year for a country of 170+ million people? Bunch of dolts. Can lead a dolt to water, can't make him drink though.

 

[Nilgiri]

India is even more corrupt (according to your 'third party')

Wow you really are that thick arent you. CAN YOU READ BASIC ENGLISH? Bangladesh WAS NOT in that study (bribe taking/giving) to begin with (after all Bangladesh is often overlooked as a subject of study unless you literally want to populate a study with near 1:1 UN member total).

Take a deep breath and understand what "WAS NOT included" means ok?...before you bray A is more corrupt than B when B "WAS NOT included" in the first place. Logic much?

Secondly, the vastly broader metric (CPI index), by the SAME EFFING ORGANISATION (TRANSPARENCY INTERNATIONAL) put Bangladesh several percentiles below India (somewhere around 18% percentile rank wise compared to India which was around 54% percentile). Pakistan also does far better than BD in this most relevant on the topic ranking and is also improving (unlike BD which stays stagnant). Go check it yourself:

https://www.transparency.org/news/feature/corruption_perceptions_index_2016

Now tell me who is "more corrupt" based on this fact checking. Its obvious to anyone with at least a cpl brain cells to rub together, do you fall in that category or not?

They are literally like little special kids throwing their lego when someone didn't give them their juice @django

Your brilliant observation is that govt cap ex is less efficient then private enterprise? So bureaucracy is wasteful - really??? Ever checked how much it costs to change a $2 lightbulb in your local street genius?

What is and isn't market failure (w.r.t social costs/pricing etc) is a much larger debate and varies from country to country. We are talking specifically about high cycle quality liquidity generated by the private sector to begin with, the data shows even developed country govts with vastly more transparent and credible govt entities than BD have major diminishing returns when tapping into this to prop up govt balance sheet.

Its an argument of does near 100% deployment by private entity (because they a) made the money and b) own the money c) know how to grow that money well) fare better than a 10% (or whatever fractional percentage it is in BD given the atrocious govt and multiple layers and greasing and extraction) realised deployment by a corrupt instituionally void govt (even if its spent totally on a social good)?

Given where BD budget already is with regards to the buffers available and realised for social spending, I think not. It is much more effective for BD to demand an improvement of existing govt social deployment with the buffers it currently has hewn out, than to plainly argue it should seek out new ones and impose more opportunity cost overall on the liquidity pool at its disposal. Improve the tentacles qualitatively or let more bad tentacles grow? I think its clear in BD case. Thats why this rule relaxing is welcome, but it can definitely be defeated and even reversed by what you are suggesting (capital controls of some other nature/form that just reroutes how govt sticks its hand in like a mafia with same bunch of capos). That is also not going to do any good to much broader parameters like cost of new foreign loans for BD....which is something BD really needs to seek to improve in the coming years given where it is and the huge predictions being made by you lot here in line with the Govt mouthpieces.

 

[EasyNow]

Being no 1 in corruption is not a problem for you because Bangladesh wasn't in the study!!!?

I'm not wasting my time with you - bye bye

 

[Nilgiri]

Being no 1 in corruption is not a problem for you because Bangladesh wasn't in the study!!!?

I'm not wasting my time with you - bye bye

Coming "last" when only a dozen countries (or whatever it was) were part of some uni-dimensional study/survey, means little other than to compare between those countries surveyed. Loses further significance when those 12 are a real low snapshot of all the countries in Asia (esp to make any statement about being worst in Asia which needs full list of Asian countries to be sampled... period).

But seems the BBS logic is to claim you are doing better when you aren't even in that pretty irrelevant study....and when a much more complete multi-dimensional study (by the very same organisation) is there...just chuckle and say bye bye. Gotcha....you illustrate perfectly why BD is where it is....and where BD people fled to UK (or wherever) are where they are too.