I remain optimistic for the second half of the decade. Major nuclear and coal power projects are coming online by the end of this year. Major port projects are also coming online by the end of 2025. The government is also focusing on solar deployment. We approved around 2.3 GW of solar just last year. The unrelenting expansion of American LNG exports will also keep gas prices low globally.
There is also a lot of room for growth in the country's finance and tech sectors. Our sectors are at least 10 years behind neighbouring India's but that also means we have a lot of low hanging fruit in that department. We're likely to get the first IPO for BPO company this year.
I doubt it. The start-up sector definitely wants capital market reforms. Farmers will also benefit from more use of commodity exchanges but they're not be organised enough to lobby for that.
There have been some moves towards judicial reforms in the country. The major ones being the push by Bangladesh Bank to use ADR services instead of the money loan courts. The expansion of village courts for land disputes. Can you get some decent on the ground coverage of these reforms?
From what I have read banks are against the use of ADR services which I was surprised by. I'm not optimistic on the village courts actually working especially if they're primarily funded by the national government and not local taxes. They will end up like the rural community clinics with less than 40% of doctors even show up to work.
I remain optimistic for the second half of the decade. Major nuclear and coal power projects are coming online by the end of this year. Major port projects are also coming online by the end of 2025. The government is also focusing on solar deployment. We approved around 2.3 GW of solar just last year. The unrelenting expansion of American LNG exports will also keep gas prices low globally.
There is also a lot of room for growth in the country's finance and tech sectors. Our sectors are at least 10 years behind neighbouring India's but that also means we have a lot of low hanging fruit in that department. We're likely to get the first IPO for BPO company this year.
What are your thoughts on the recent offshore banking liberalisation?
Hopefully it will lead to further financial and capital market reform.
I doubt it. The start-up sector definitely wants capital market reforms. Farmers will also benefit from more use of commodity exchanges but they're not be organised enough to lobby for that.
https://www.tbsnews.net/features/panorama/realistic-look-bangladeshs-prospects-global-semiconductor-industry-837951
Interesting article. I mostly agree with the conclusions. What are your thoughts on the matter?
There have been some moves towards judicial reforms in the country. The major ones being the push by Bangladesh Bank to use ADR services instead of the money loan courts. The expansion of village courts for land disputes. Can you get some decent on the ground coverage of these reforms?
From what I have read banks are against the use of ADR services which I was surprised by. I'm not optimistic on the village courts actually working especially if they're primarily funded by the national government and not local taxes. They will end up like the rural community clinics with less than 40% of doctors even show up to work.
Interesting. Will explore.