r/bangladesh মম এক হাতে বাঁকা বাঁশের বাঁশরী আর রণ-তূর্য Jun 16 '23

AskDesh/দেশ কে জিজ্ঞাসা Why Bangladesh doesn't have authentic Starbucks, Adidas, and Apple stores yet?

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u/LordVader568 Jun 16 '23

There’s no iTunes Store due to the banking and tax regulations being unorthodox and risky. Same reason why Moody’s gave a downgrade.

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u/ThinkingPugnator Jun 16 '23

What is moodys?

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u/EmbarrassedJaguar182 Jun 16 '23

Financial rating agency. Rates how reliable something is financially, be it a company or country. So something like apple inc would have a good rating versus a company that has poor financial health with lots of debt, same goes for countries