Poorly educated Dhakaya elite and how they are holding Bangladesh back!

[BananaRepublicUK]

Since my entry into PDF world - I have started reading Bangladeshi newspapers.

Here are my observations regarding the editorials and columnists.

1. Poor standard of English is just astounding!!!

2. Muddle headed thinking. Meandering from one thought process to another is akin to a Bollywood song routine. Where the protagonists go through multiple costume and location changes.

3. Their conclusions rarely is based on their analysis. It’s like one person wrote the preamble, one outlined the data and analysis and Mr Jekyll comes through with the conclusion!!

They witter on about moving away from garments lol

With what exactly?

How many of the whiners have an education from an elite university?

If you haven’t got a PhD in economics from an elite university - just stop your nonsensical YouTube pontifications!!

My advice to PDF ers - shun these toilet paper rags - read the economist and other reputed western journals.

And respect knowledgeable PDF ers like UKBengali.

 

[mb444]

Since my entry into PDF world - I have started reading Bangladeshi newspapers.

Here are my observations regarding the editorials and columnists.

1. Poor standard of English is just astounding!!!

2. Muddle headed thinking. Meandering from one thought process to another is akin to a Bollywood song routine. Where the protagonists go through multiple costume and location changes.

3. Their conclusions rarely is based on their analysis. It’s like one person wrote the preamble, one outlined the data and analysis and Mr Jekyll comes through with the conclusion!!

They witter on about moving away from garments lol

With what exactly?

How many of the whiners have an education from an elite university?

If you haven’t got a PhD in economics from an elite university - just stop your nonsensical YouTube pontifications!!

My advice to PDF ers - shun these toilet paper rags - read the economist and other reputed western journals.

And respect knowledgeable PDF ers like UKBengali.

This is a global issue. Proliferation of social media has enabled anyone to express their opinion as they see fit.

This has lead to fake news and propaganda on steroids for facist politics like we see BJP peddling next door.

Serious newspapers are on the decline as they simply can not compete with click baits. Hence you see seriously weak, repetitive garbage.

I rationalise as thus .... read everything widely.... you can almost always tell when something is true even when you may not like the message....

BD needs to expand its export basket... it is also happening but as RMG is proportionately and absolutely such a big part of out export basket that these developments are over shadowed. We need over half a billion dollar worth of export before a category item reaches 1% of our export figures.

We are seeing progress on new export items such as flowers $200m,

What to me is more interesting is our industrialists are replacing imports with homegrown products and then going for exports. We do not have an r&d base, we are not in a position to be market makers... best we can do is to quickly master production, maximise value addition in country, serve and dominate our market and then go for export. This has happened for mobile phones and white goods who have started exporting.

Sectors that have journeyed further down this road sectors who are-
ICT export was over $1b, agri products $1b, light engineering $500m, pharmaceutical $200m, etc.

We face differing situation to the likes of vietnam. FDI should be a focus but to me import substitution is far more important. It is the latter that is creating the basis for our economy. Export products are at the mercy of global economics , tastes and politics whilst what we produce by ourselves for ourselves is not.

 

[BananaRepublicUK]

This is a global issue. Proliferation of social media has enabled anyone to express their opinion as they see fit.

This has lead to fake news and propaganda on steroids for facist politics like we see BJP peddling next door.

Serious newspapers are on the decline as they simply can not compete with click baits. Hence you see seriously weak, repetitive garbage.

I rationalise as thus .... read everything widely.... you can almost always tell when something is true even when you may not like the message....

BD needs to expand its export basket... it is also happening but as RMG is proportionately and absolutely such a big part of out export basket that these developments are over shadowed. We need over half a billion dollar worth of export before a category item reaches 1% of our export figures.

We are seeing progress on new export items such as flowers $200m,

What to me is more interesting is our industrialists are replacing imports with homegrown products and then going for exports. We do not have an r&d base, we are in a position to be market makers... best we can do is to quickly master production, maximise value addition in country, serve and dominate our market and then go for export. This has happened for mobile phones and white goods who have started exporting.

Sectors that have journeyed further down this road sectors who are-
ICT export was over $1b, agri products $1b, light engineering $500m, pharmaceutical $200m, etc.

We face differing situation to the likes of vietnam. FDI should be a focus but to me import substitution is far more important. It is the latter that is creating the basis for our economy. Export products are at the mercy of global economics , tastes and politics whilst what we produce by ourselves for ourselves is not.

You don’t have to be a pioneer of an industry to dominate it.

India doesn’t have an Alibaba, TikTok or a Twitter.

Or even many high quality coders.

But they have cornered the IT service and COTS configuration market.

Alexander Bell is probably the most famous thief of all time.

Our poorly educated talking heads don’t get that!!!!

 

[UKBengali]

This is a global issue. Proliferation of social media has enabled anyone to express their opinion as they see fit.

This has lead to fake news and propaganda on steroids for facist politics like we see BJP peddling next door.

Serious newspapers are on the decline as they simply can not compete with click baits. Hence you see seriously weak, repetitive garbage.

I rationalise as thus .... read everything widely.... you can almost always tell when something is true even when you may not like the message....

BD needs to expand its export basket... it is also happening but as RMG is proportionately and absolutely such a big part of out export basket that these developments are over shadowed. We need over half a billion dollar worth of export before a category item reaches 1% of our export figures.

We are seeing progress on new export items such as flowers $200m,

What to me is more interesting is our industrialists are replacing imports with homegrown products and then going for exports. We do not have an r&d base, we are not in a position to be market makers... best we can do is to quickly master production, maximise value addition in country, serve and dominate our market and then go for export. This has happened for mobile phones and white goods who have started exporting.

Sectors that have journeyed further down this road sectors who are-
ICT export was over $1b, agri products $1b, light engineering $500m, pharmaceutical $200m, etc.

We face differing situation to the likes of vietnam. FDI should be a focus but to me import substitution is far more important. It is the latter that is creating the basis for our economy. Export products are at the mercy of global economics , tastes and politics whilst what we produce by ourselves for ourselves is not.

Really good post here.

There are a couple of points to add:


1. Walton may not be able to create new technology but it does have an R&D base where it is able to improve current technology in sectors such as TV panels. This will pay dividends in that it will allow differentiation from other players in the mid-tech TV sector.

2. BD has a fairly large domestic market of 165 million people and so unlike S. Korea and Taiwan before it, it does not need to rush to exports like they had to do so. BD companies can build their technology and revenues in the home market first before they need to push to the export market.

 

[BananaRepublicUK]

Really good post here.

There are a couple of points to add:


1. Walton may not be able to create new technology but it does have an R&D base where it is able to improve current technology in sectors such as TV panels. This will pay dividends in that it will allow differentiation from other players in the mid-tech TV sector.

2. BD has a fairly large domestic market of 165 million people and so unlike S. Korea and Taiwan before it, it does not need to rush to exports like they had to do so. BD companies can build their technology and revenues in the home market first before they need to push to the export market.

Do you remember the “Del Boy jokes” about Taiwanese and Korean electronics?

Look how far they have come?

Walton stuff actually works unlike the crap those two countries used to produce in the 1980s!!

They were death traps!

Again our illustrious poorly educated talking heads show their ignorance!!!

Hong Kong, Taiwan and Korea were butt of British comedy jokes.

These comedies watched by billions around the world.

 

[UKBengali]

Do you remember the “Del Boy jokes” about Taiwanese and Korean electronics?

Look how far they have come?

Walton stuff actually works unlike the crap those two countries used to produce in the 1980s!!

They were death traps!

Again our illustrious poorly educated talking heads show their ignorance!!!

Hong Kong, Taiwan and Korea were butt of British comedy jokes.

These comedies watched by billions around the world.

They never had much of a choice but to export very early as their home markets were so small - even South Korea has a population just 1/3rd that of BD.

BD has disadvantages and also advantages compared to them.

Disadvantage - No preferential access like some of the former East Asian "Tiger Economies" had to massive markets like USA and also more competition from the likes of China and some others - this is partially negated by there being more potential consumers around the world.

Advantages - Larger home market and there are more sources of technology. In effect the West cannot hoard technologies as much as too many people already mave mastered the mid-tech electronics sector as one example. Saying this, the USA for strategic reasons did transfer certain technologies to both S Korea and Taiwan in order to strengthen them economically.

Let us watch and see how BD navigates it's own way as the newest Asian "Tiger Economy". It will be interesting to see for sure how it pans out over this decade.