Samsung opens two appliance plants in Bangladesh

[Bilal9]

It's something about them....a deep complex that I am not going to waste time digging up anymore.

Yet you hang around - willing to take more abuse.......

 

[Nilgiri]

Yet you hang around - willing to take more abuse.......

Its fun hanging you all with the rope you provide yourselves liberally.... in front of anyone stopping by (so they need not bother with the twilight zone). Takes minimal effort and time and its win-win for all involved. Why should I not fact check a page long thread with a cpl posts to ensure people are informed about the dissonance?

I remember when madokafc would defend your country's "accomplishments" against my criticisms. Now you have turned her against you 100%....way more than I ever will be. Other notable examples too.

So please cry about it to a mod some more....once you are done providing evidence to Aung Zaya about Walton "RnD budget" "size" past your words.

 

[Species]

which one?



oh you dont understand human language then

@Nilgiri @Aung Zaya

the moment he cant fight back with factual data and comprehensive number. The quality of this subforum is a let down for this supposed great forum

Why are you acting like an indian? Indonesians are people with far better IQ I reckon.

The thing he's tried to say is that Bangladesh has certain advantages over Indonesia and other countries as an investment destination since the labor wages here are one of the lowest and since Bangladesh has been looking forward to enter the light engineering and medium-tech manufacturing sectors which China wants to relocate while Indonesia is looking at high-tech industries. Is it that complicated for you to comprehend? Unnecessary nationalism would make you look like a fool, not patriotic.

 

[Bilal9]

Its fun hanging you all with the rope you provide yourselves liberally.... in front of anyone stopping by (so they need not bother with the twilight zone). Takes minimal effort and time and its win-win for all involved. Why should I not fact check a page long thread with a cpl posts to ensure people are informed about the dissonance?

I remember when madokafc would defend your country's "accomplishments" against my criticisms. Now you have turned her against you 100%....way more than I ever will be. Other notable examples too.

So please cry about it to a mod some more....once you are done providing evidence to Aung Zaya about Walton "RnD budget" "size" past your words.

Thanks for the rather 'civil' discourse. Nothing like a couple of bans to set people straight.

Funny when you are boasting all egotistical about me crying to the mods when you are the one getting regular bans for a multitude of reasons.

Carry on.....

 

[Nilgiri]

Sure, carry it on here mr. waah waah:

https://defence.pk/pdf/threads/whatever.46703/page-4612#post-9610344

Or you want to derail your own thread even more?

 

[Nabil365]

That unwanted Indo maid just comes back everytime even after wrecking.
When she cannot validate her point,she starts to become desperate and starts calling for help from Nilgiri and Aung.
Why this shameless maid is so different from the other Indo members.Even worst she comes here and starts complaining how this sub-forum is so bad!If she finds it so bad,why does she visit it anyway?
Guys just stay on topic and do not quote this maid.

 

[Zabaniyah]

Thanks for your thoughts Loki Bhai, you made some points worth observing and they need further discussion.



1971 IMHO helped India as much as it did us. For starters, it made them rest easy and relieved them of a thorn on their side at the time so they could fight a single front war instead of a two front one. It also gained them a huge regional market worth about seven billion dollars a year formally, and as much informally through smuggling totalling some USD 12 to 14 billion a year (I'd say more lucrative than Nepal or Sri Lanka) than they had previously, with no price paid economically through imports.

We only have to blame Bhutto and gang on what they did in 1971 for selfish reasons, yet they had no vision that Pakistan United, could rival India in manufacturing prowess as it does in defence today. Inclusive development is not a part of our history in the subcontinent (we possess garbage for brains instead of being visionary, we always want to dominate supposedly 'meek' populations) and we will see this further manifest itself in India's north/south egotistical cultural divide. Time will tell.

I don't see India's Chanakya south block diplomacy to dominate us reducing anytime soon, a placating foreign policy will keep India at bay at least until we gain strength economically and properly equip to defend ourselves. Everyone likes to dominate a sitting duck, it's the nature of garbage human beings in South Asia. As long as Indians don't think we're a present or emerging threat (I don't think we will be in that space anytime soon) then they are fine with us and will leave us alone hopefully. Disrupting our trade/manufacturing activity or fomenting unrest in Bangladesh will create an unstable quarter on their eastern flank to spell trouble in their own country and they know that very well.



Lobbying is the need of the hour. Pakistanis and Indians all have strong trade lobbies in Washington, and our lobbying activity is not as strong as theirs. This is a shame and a crying need of the hour. Reestablishing GSP for US markets and establishing new markets in South America is necessary immediately.

Coming back closer to the subject of the thread- Bangladesh is a better destination than any country to replace China's Low-cost manufacturing role which played a big part in making China the second largest economy in the world by 2010, compared to the ninth largest in 1980.

Now China is rapidly moving into medium to high-tech manufacturing as its labor costs have risen. Manufacturing goods in China is now only 4 percent cheaper than in the United States, in large part because yearly average manufacturing wages in China have increased by 80 percent since 2010. It is in response to this that China, backed by billions of dollars in investment from its government, has vigorously moved into higher value manufacturing.

True we are setting up a hundred SEZS and are gearing up rapidly to produce labor-intensive commodity-type products like apparel, shoes, toys, textiles and basic consumer electronics and home electric products. Our two decades of exporting textile and footwear products have put us ahead of a lot of competitors like Malaysia, India, Thailand, Indonesia, and Vietnam, and here's why, in addition to being the lowest cost competitor by far (our labor cost is less than half of India's, and India's labor cost is the lowest in the group).

Thailand and Malaysia : Thailand and Malaysia are more focused on high- and medium-tech manufacturing rather than being the next centers of low-cost manufacturing after China. Thailand has strong automotive, electronics, food, and chemicals industries, while Malaysia has strong chemical, machinery, and rubber processing industries. This is borne out in the relative prosperity as Malaysia and Thailand are by far the richest of the group and their labor costs are almost the highest in that five country group. They are competitors to China, and simply can't compete with Bangladesh in labor cost. Period.

India: India has many challenges. In order to have a flourishing manufacturing base, workers need to be able to at least read and write to operate machinery. India scores low on general skills attainment, ranking 105th in the world according to the UN’s Human Capital Index 2016, lower than any other nation in this five nation group. In fact India ranks below Bangladesh in Human Capital Index and will continue to do so because of its size and the terrible education and health conditions in its lowest developed States like Bihar, Madhya Pradesh and Uttar Pradesh, which will be sources of its low cost labor. India’s infrastructure is woeful, in particular transport and energy supply, where it ranks lower than most other emerging economies. Government inefficiency is also a major stumbling block – delays in land acquisition and environmental clearances have stalled more than 270 projects across the country. To top it off, Indian wages are double that of Bangladesh. No competition for low wage manufacturing.

Vietnam: Vietnam wages are half that of China but still about double that of Bangladesh. Vietnam has had a very stable political environment but China will be reticent to encourage investment heavily in Vietnam because of strategic reasons, they are ancient rivals. Vietnam's recent defence purchases to counter China and overtures to form defense entente with India (especially Indian Navy) will not help things.

Indonesia: The problem for Indonesia is the state’s capacity to implement industrial strategy; the state is highly decentralized and there are huge infrastructure issues. You don’t have these challenges in Bangladesh or Vietnam which are smaller and densely populated countries. Indonesia’s population of over 255 million represents a large potential consumer market but at the end of the day we are talking about export led growth and Chinese investment which the Chinese govt. is and will be reluctant to encourage in Indonesia because of potential future political rivalries. There will be a lot of empty talk but action will be few and far between unfortunately. Again to top it off, Indonesian wages are triple that of Bangladesh. No competition.

There'll always be a thorn on their side But that is another story.

Low wages aren't everything. Land, access to natural resources, technology, politics among others do matter. You say low wages, and yet those garment unions want a hike in wages (by quite a lot). So be careful. Other than those, I think the ASEAN countries had a very nice method for attracting foreign investment ever since the 90's. Coming back to my original point, I just think we should learn from them. We should be accommodating to investment, and not making investors uncomfortable. Make them stay. Make their money stay.

As for lobbying, the Saudis and the Israelis are by far the biggest lobbyists in the US. India and Pakistan do not come close. They are best informal lobbyists. I'm sure the Bangladeshi community in the US can help, no?

The TTP isn't dead yet. From my sources, it is still moving ahead (albeit still in infancy) without the US. I would suggest to keep an eye on that one. Who knows? Donald Trump thinks that he can gain more leverage by leaving the TTP while ultimately joining it in the end. Bangladesh has little experience when it comes to FTA's. Again, learning....

One can attain a better world if one truly wants to. The question is do Bangladeshis truly want it? Do they truly want to attain a higher status in the ever evolving world order? Well, I guess that is more of a philosophical question, but one that holds weight.

 

[UKBengali]

Need to see a official release by them (Walton)....preferably on their website. 2015 came and went, and its been crickets since.

I really don't see why a claimed billion+ dollar revenue company has this much trouble releasing something so simple....at say a scheduled time each year.

Even the 1 -2 billion dollar projection you are making BTW, is WAY under what was "projected" by Mr. Bilal and his sources back then....esp the massive export projections (probably using 80s south korea and 90s China ramp curves on a 1:1 basis).



If its not consumed in any other country, no way to really compare.

No big deal if Walton does not release revenue figures as it releases sales figures of how much units it sells.Easy to work out revenue by looking at the prices of the products. We know these sales figures are the truth as the company totally and utterly dominates the 160 million population BD internal market.

For Walton to hit around 2 billion US dollars this year from only 500 million US dollars in 2014 is a testament to how good this company is. It is totally decimating any foreign competition with BD consumers. We dont know how much it will grow in the coming years but 5-10 billion US dollars in revenue is not totally unrelalistic within the next decade. Walton is a rare success story for BD.

 

[Nike]

Why are you acting like an indian? Indonesians are people with far better IQ I reckon.

The thing he's tried to say is that Bangladesh has certain advantages over Indonesia and other countries as an investment destination since the labor wages here are one of the lowest and since Bangladesh has been looking forward to enter the light engineering and medium-tech manufacturing sectors which China wants to relocate while Indonesia is looking at high-tech industries. Is it that complicated for you to comprehend? Unnecessary nationalism would make you look like a fool, not patriotic.

the foolish one is you, i am not talking about patriotism or nationalism sentiment. I just debunk his asumpshit with mere actual and factual data.

the point i made is simple

Bd till now had not attracting any kind of low cost production investment besides garment sector in meaningful number, the 2 billion US dollar a year kind of investment is the actual proof. even the garment sector in BD is keep decreasing in attracting number of value of investment. My country still interesting place to attract more investment in those kind of of investment ( who need mass worker, good infra, abundant market and more incentive in taxes), thats why. Note that Indonesia still an middle income Country, in which less developed Eastern Indonesia part still had people with low income compared to western part of our provinces (the situation is much same with remotely west region of China in 80/90 decades). Indonesia still need many kind of investment and reaching China or even Malaysia places still a good goal to become.

 

[gslv mk3]

Walton is the only electronics home-appliance company based in the subcontinent with extensive designing and manufacturing capability.

Dude really ? What about Micromax, Godrej, IFB, Voltas, Blue Star etc ? Even Micromax's TV division earns more revenue than entire walton group.

Bangladesh is now one of some fifteen countries where compressors are manufactured and you guessed it, that brand is Walton.

Boasting about a hermetically sealed compressor ? These were made in India since 1962 by the same Godrej you spite @Nilgiri

I don't think however we will be selling a lot of these freezers and TV's in India though, in spite of our products made with much higher quality components than their Godrej garbage.

Apparently Godrej is an $4 billion giant which manufactures everything including home appliances, consumer products, security solutions, warehouse automation, baggage handling system, forklifts, tooling, nuclear reactor pressure vessels & lest we forget, cryogenic rocket engines.

When you can't compete, protectionism is the tool you use!

Walton's motorcycles couldn't compete with Bajaj, Hero or TVS in your own market & you want to compete with Indian giants in our our market ? For example Blue Star (AC /commercial refrigeration) have twice the revenue of walton group.

once you are done providing evidence to Aung Zaya about Walton "RnD budget" "size" past your words.

There is no data regarding R&D expenditure for their country, let alone walton.

 

[Nilgiri]

There is no data regarding R&D expenditure for their country, let alone walton.

Yah it was tongue in cheek. There isnt even any adequate (forget good) revenue information for this company and he's talking specifics of RnD budgets ....or maybe he originally comparing to some mom and pop SME in some rural area of India regarding

some South Asian "brands".

 

[Loafer]

Yah it was tongue in cheek. There isnt even any adequate (forget good) revenue information for this company and he's talking specifics of RnD budgets ....or maybe he originally comparing to some mom and pop SME in some rural area of India regarding

What this Bangladeshi fellow is trying to prove is beyond my imagination.

What south Asian brands? There re only Indian brands rest of South Asia doesn't have anything to speak of. This is a very poor and desperate attempt by Bangladeshis to count themselves suo moto in big boys club without any substance.

 

[gslv mk3]

This is a very poor and desperate attempt by Bangladeshis to count themselves suo moto in big boys club without any substance.

You haven't seen anything yet...

 

[TopCat]

What this Bangladeshi fellow is trying to prove is beyond my imagination.

What south Asian brands? There re only Indian brands rest of South Asia doesn't have anything to speak of. This is a very poor and desperate attempt by Bangladeshis to count themselves suo moto in big boys club without any substance.

Indian brand? Micro ax?

 

[Loafer]

You haven't seen anything yet...

View attachment 407771

He is the same fool who said Bangladeshis prefer air mode over any other transport than Indians.

Any many such gems I am give you.