BD bans visas for Pakistanis

[Sugarcane]

Bangladesh has the least labor cost among all countries in the world when it comes to textile manufacturing. That is a fact. Global retailers are very price sensitive. Even a 50 cents increase can severely impact their value chain.

Pakistan banning cotton exports to Bangladesh wouldn't effect it too much. It can import cotton from India (most of our cotton come from there), and even China.

No doubt that everyone is sensitive of cost but that doesn't mean that other will out of business, despite cheaper labor Pakistan was ahead of Bangladesh until energy crises hit Pakistan and textile units moved to Bangladesh and keep in mind these textile units have their customer base and they are serving same customers from Bangladesh. Textile market is huge and it's not that Bangladesh can capture all just because of cheap labor.

Although it's not huge but still out of total Pakistan's exports to Bangladesh over 90% are yarn, woven fabric etc. and Pakistan is 4th largest producer of cotton and it's share in textile market is very less in term of value because mostly we export it as raw/semi finish, and it's in interest of Pakistan to ban exports of cotton/yarn/fabric and export finish products only.

 

[Yaduveer]

@Contrarian ,
@Lankan Ranger does not prefer to use his brain , he just rely on COPY-PASTE of some articles.

I wonder, he might be searching for new articles , whether articles are related to thread or not , is not his concern.

 

[Lankan Ranger]

@Lankan Ranger , Do even care to read what he meant to say ?

Labour cost in Lanka is far greater than Bangladesh and Textile industries are labour intensive.

Read it Again.

Tax Incentives in Sri Lanka - 2013

A new incentive regime has been introduced particularly with the budget 2012 & 2013 to promote private investments, both domestic and foreign into desired sectors of the economy. These tax incentives mainly include exemption on Corporate Income Tax, Customs Duty, Value Added Tax, and Ports & Airports Development Levy.

Board of Investment of Sri Lanka - Investments with Tax Incentives

@Contrarian ,
@Lankan Ranger does not prefer to use his brain , he just rely on COPY-PASTE of some articles.

I wonder, he might be searching for new articles , whether articles are related to thread or not , is not his concern.

Even recently 100 members banned….

We can see more of them today…

 

[Yaduveer]

^^^^This is what I was talking about.

I was talking about Labour cost and he is quoting articles about Tax incentives.

Tax Incentives in Sri Lanka - 2013

A new incentive regime has been introduced particularly with the budget 2012 & 2013 to promote private investments, both domestic and foreign into desired sectors of the economy. These tax incentives mainly include exemption on Corporate Income Tax, Customs Duty, Value Added Tax, and Ports & Airports Development Levy.

Board of Investment of Sri Lanka - Investments with Tax Incentives



Even recently 100 members banned….

We can see more of them today…

 

[Sugarcane]

Pakistan Offers Tax concessions
to Sri Lanka

Pakistan opens for more Lankan exports

That's what i am saying --- Sri Lanka is trusted partner and business relation with Sri Lanka should be increased instead of Bangladesh - No offense to anyone, it's fact that any relation with BD is on mercy of India and we should avoid it from getting blackmailed.

 

[Lankan Ranger]

This is what I was talking about.

I was talking about Labour cost and he is quoting articles about Tax incentives.

Tax incentives offered by GOSL to manage such issues…

 

[Sugarcane]

Tax incentives offered by GOSL to manage such issues…

You are wasting your energy.......

 

[livingdead]

Refuse visa of all pakistani businessmen? Even India does not do that

 

[Yaduveer]

That's what i am saying --- Sri Lanka is trusted partner and business relation with Sri Lanka should be increased instead of Bangladesh - No offense to anyone, it's fact that any relation with BD is on mercy of India and we should avoid it from getting blackmailed.

Yes we have heard your proposal.

Answer is:

Most of Pakistani investment in Bangladesh is in textiles sector.

And the reason is that BD gets low/no duty on its products in most of the world including India.

Sri Lanka will never get it. Its costs are far higher.

Consequently despite 'you' wanting Pakistani businesses to invest in Sri Lanka - they will follow where money goes.

If you still not get it then:

1. Bangladesh is a LDC country which enjoy certain concessions on part of developed world and Srilanka is not a LDC country.

2. Labour cost in Srilana is far more than Bangladesh and Textiles industry is Labour intensive.

 

[Secur]

its ummah visa ban policy ban is islamic

Well said , mate

Now since the visa policies are usually run on reciprocality , Pakistan as a gesture of goodwill should follow the suit and deport all illegal Bengali immigrants from this country !

 

[Sugarcane]

Yes we have heard your proposal.

Answer is:

Your answer is in post 167

 

[Secur]

Refuse visa of all pakistani businessmen? Even India does not do that

Whom does it harm ?

Pakistani businessmen ? Sure no !

Only the Bangladesh economy .

Who's running the Govt in Bangladesh by the way ?

 

[Yaduveer]

Your answer is in post 167

OK, I read that ..

Now you through #175 .

Now go through map of least developed country.
http://upload.wikimedia.org/wikipedia/commons/2/26/Least_Developed_Countries_map.svg

 

[Zabaniyah]

Who's running the Govt in Bangladesh by the way ?

Bharot..............

 

[Dillinger]

Well said , mate

Now since the visa policies are usually run on reciprocality , Pakistan as a gesture of goodwill follow the suit and deport all illegal Bengali immigrants from this country !

YOU have illegal Bangladeshis!? How did that happen? Don't tell me, they jumped the fence twice! Into India and then out of here into Pak?