United States is strengthening military relations with Bangladesh

[Nilgiri]

I would hate to see BD being a b!tch

too late for that...almost 50 years late.

 

[Avicenna]

too late for that...almost 50 years late.

Whats with the trolling?

And basic at that.

 

[Species]

Yea I have to agree with you about the pic.

Perhaps he wanted to know a good place to get some kala jamun?

Makes sense, Kalo Jams are yum!

It could be that Adm. Phil Davidson, commander of U.S. Indo-Pacific Command (USINDOPACOM), was trying to grasp what Bangladesh Army Lt. Gen. Mahfuzur Rahman was talking with his Bengalised English. So the former is leaning towards the latter. After all, BD people are not the native speaker of English. However, a meeting attended by top military people is not without a deep meaning. Of course, the US military Commander is giving importance to the BD Commander.

Could be. The Army officers I've met are quite fluent in English. Not sure about this guy though.

 

[Flynn Swagmire]

too late for that...almost 50 years late.

Ok. Mr Rapistani. Gay Hind...

 

[bluesky]

Are you aware that these infrastructure projects will allow industry to expand and thereby bringing in more dollars to finance the debt payments?

Are not you hatching the eggs before they are even laid? It will be good if there are a lot of FDIs. The foreign companies will build their own factories, bring in the machines and technical/managerial manpower. So, FDI is a positive sign.

But, how do you expect the same good effect when it is not possible to build a factory with the borrowed Taka because BD people cannot design and produce the factory machines? It means, the investors will have to apply for dollar from the BB to import and build a factory. But, we are already facing a trade imbalance and soon it will be a crisis.

 

[UKBengali]

Are not you hatching the eggs before they are even laid? It will be good if there are a lot of FDIs. The foreign companies will build their own factories, bring in the machines and technical/managerial manpower. So, FDI is a positive sign.

But, how do you expect the same good effect when it is not possible to build a factory with the borrowed Taka because BD people cannot design and produce the factory machines? It means, the investors will have to apply for dollar from the BB to import and build a factory. But, we are already facing a trade imbalance and soon it will be a crisis.

Pran last year exported nearly 400 million US dollars of foodstuffs as one example. Their factories need power to run. Also garment factories are able to expand production due to better infrastructure and hence earn more dollar.

What debt crisis? Even with all these extra Chinese and Russian loans, BD debt will rise to between 35-40% of GDP in 10 years. This is by far the lowest in S Asia. No way BD will become like either Sri Lanka or Pakistan.

 

[bluesky]

What debt crisis? Even with all these extra Chinese and Russian loans, BD debt will rise to between 35-40% of GDP in 10 years. This is by far the lowest in S Asia. No way BD will become like either Sri Lanka or Pakistan.

What are you talking about this percentage of GDP? Do you think the foreign countries will be paid back in BD Taka instead of Dollar? You have to pay every penny in dollar. So, try to improve the capability of your planners and engineers and the likes so that they can undertake construction projects by themselves and you do not have to borrow money in dollars for that kind of projects. বর্তমানে বাংলাদেশ যা করছে যাকে বলে ধার করে ঘি খাওয়া। এটাকে উন্নয়ন বলে না। No country ever developed with foreign loan money. I repeat, No country.

Who told you Pran export is $400 million? Read the citation:

"Pran, a leading food processor, has tripled its export earnings in the last four years to more than $144 million (Tk 1,126 crore) now". Of this about $50 million worth of goods was exported to India. It is 2005 data and it is quite big. Pran may have improved now.

But, do you think Pran alone will export $20 billion any time in the future? BD needs at least $200 billion export to make the economy self-reliant. You need at least $1000 billion investment in the manufacturing plants to make it happen. But, investment in manufacturing plants is very meager and very little FDI is coming in. So, how do you expect to pay back the dollars you are wasting to buy and eat prestigious ঘি?

Talk logically, please!! You do not see the large mountain because you love to put your thumb in front of your eyes. How many more decades you will take to build tens of your EPZs? I have been hearing this EPZ thing since my childhood. And how many more decades will it take to bring in FDIs and local investments? Please hurry up.

 

[UKBengali]

What are you talking about this percentage of GDP? Do you think the foreign countries will be paid back in BD Taka instead of Dollar? You have to pay every penny in dollar. So, try to improve the capability of your planners and engineers and the likes so that they can undertake construction projects by themselves and you do not have to borrow money in dollars for that kind of projects. বর্তমানে বাংলাদেশ যা করছে যাকে বলে ধার করে ঘি খাওয়া। এটাকে উন্নয়ন বলে না। No country ever developed with foreign loan money. I repeat, No country.

Who told you Pran export is $400 million? Read the citation:

"Pran, a leading food processor, has tripled its export earnings in the last four years to more than $144 million (Tk 1,126 crore) now". Of this about $50 million worth of goods was exported to India. It is 2005 data and it is quite big. Pran may have improved now.

But, do you think Pran alone will export $20 billion any time in the future? BD needs at least $200 billion export to make the economy self-reliant. You need at least $1000 billion investment in the manufacturing plants to make it happen. But, investment in manufacturing plants is very meager and very little FDI is coming in. So, how do you expect to pay back the dollars you are wasting to buy and eat prestigious ঘি?

Talk logically, please!! You do not see the large mountain because you love to put your thumb in front of your eyes. How many more decades you will take to build tens of your EPZs? I have been hearing this EPZ thing since my childhood. And how many more decades will it take to bring in FDIs and local investments? Please hurry up.

Pran export was 330 million US dollars last year and so we are seeing a 7% export growth rate.

In the last 10 years BD exports have tripled, a 13% increase each year.

OK, the only extra debt that is now being taken on is from China and Russia at 2% interest and 5 year grace period. This looks like it will come to around 40 billion US dollars over the next 10 years. BD will need to repay around 60 billion US dollars, including interest over 15 years. That is around 4 billion US dollars a year in 2030 dollar rates. With exports set to grow as below, no serious economic commentator thinks that BD cannot afford this:

Now we all know why the EPZs were not built in the past and that is because of the constant 5 year rotation between AL/BNP and the utter corruption and incompetence of the BNP party.

With stability under AL, we are seeing the construction of all these EPZs and large FDI as in the deal signed between Germany's Siemens and BD to build a 3.6GW gas-fired power station.

May I suggest that we do not think we know more about BD economy than multinational's like Siemens?

 

[bluesky]

Now we all know why the EPZs were not built in the past and that is because of the constant 5 year rotation between AL/BNP and the utter corruption and incompetence of the BNP party.

It means all the EPZs have been built by the nono-elected BAL. Not bad though it is a lie. Keep on expecting a non-elected BAL govt next time and take a kind of DG Chair in the economic ministry. The country will soon see a quick fall under your leadership. A country is not a discussion forum like PDF although BAL is running the country in consultation with your opinion. By the way, when do you think Seimens will invest? Or it has already invested? Talk about the present and let the future take its course.

 

[UKBengali]

It means all the EPZs have been built by the nono-elected BAL. Not bad though it is a lie. Keep on expecting a non-elected BAL govt next time and take a kind of DG Chair in the economic ministry. The country will soon see a quick fall under your leadership. A country is not a discussion forum like PDF although BAL is running the country in consultation with your opinion. By the way, when do you think Seimens will invest? Or it has already invested? Talk about the present and let the future take its course.

Deal already signed between Siemens and BD. Germans do not sign deals unless they are serious.

So you think you know more about BD economy than IMF?

 

[bluesky]

Deal already signed between Siemens and BD. Germans do not sign deals unless they are serious.

So you think you know more about BD economy than IMF?

Please talk about the present. Internet sources say the Foreign Direct Investment in Bangladesh averaged 958.13 USD Million from 2002 until 2017. A $1000 million investment is just enough to raise the national production by only $200 million. Your Hasina govt completely failed to attract FDI during the last ten years. It is because there is no true governance due to the absent of democracy. So, people want to get rid of BAL and BCL.

Let Seimens invest first and then come up with the data. The newspaper report is not always trustable. However, an announcement by the Seimens is acceptable.

 

[UKBengali]

Please talk about the present. Internet sources say the Foreign Direct Investment in Bangladesh averaged 958.13 USD Million from 2002 until 2017. A $1000 million investment is just enough to raise the national production by only $200 million. Your Hasina govt completely failed to attract FDI during the last ten years. It is because there is no true governance due to the absent of democracy. So, people want to get rid of BAL and BCL.

Let Seimens invest first and then come up with the data. The newspaper report is not always trustable. However, an announcement by the Seimens is acceptable.

https://www.dhakatribune.com/business/2018/09/05/bangladesh-ready-for-massive-foreign-investment

"
Central bank data shows Bangladesh received $961 million in fiscal year 2008-09, while FDI inflow increased to $2,454.81 million in FY16-17.

The country received $2,607 million’s-worth of foreign investment from July to May in FY17-18, according to the latest data of Bangladesh Bank (BB)."

So a tripling in FDI in less than 10 years is not is a failure in attracting FDI?

 

[bluesky]

https://www.dhakatribune.com/business/2018/09/05/bangladesh-ready-for-massive-foreign-investment

"
Central bank data shows Bangladesh received $961 million in fiscal year 2008-09, while FDI inflow increased to $2,454.81 million in FY16-17.

The country received $2,607 million’s-worth of foreign investment from July to May in FY17-18, according to the latest data of Bangladesh Bank (BB)."

So a tripling in FDI in less than 10 years is not is a failure in attracting FDI?

You have to calculate the yearly average investment of FDI. it was just over $958 million on average from 2002 to 2017, 16 years. So, if your statement of $2,607 is correct the average FDI will become next year an average of $1,055 from 2002 to 2018. Please do your own math.

 

[Basel]

I think your 2 month ignore from me just about comes to an end now.

Let us look at a map of where Deigo Garcia is:

View attachment 500413

Do you see why USN would dearly love a base in BD? It would perfectly checkmate China trying to bypass the Malacca straights by using the port built in Arakan. Diego Garcia is just too far away

BD is big enough(160+ million population) that it does not really need to align with anyone and it just needs to build up it''s strength and have decent relations with US, EU, Turkey, Russia, China and Japan in order to prosper both economically and militarily.

I have no idea why some BD posters think BD needs to align with anyone in order to prosper.

China have already by passed Malaka Straights by making CPEC, its matter of time when China will be no longer much dependent on that route.

 

[UKBengali]

China have already by passed Malaka Straights by making CPEC, its matter of time when China will be no longer much dependent on that route.

China would not only want to rely on Pakistan.