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Bill's wearing bracelets, riding horse somewhere in S Asia (10)

Ross

I believe the answer is:

bangladesh

I'm a little stuck... Click here to teach me more about this clue!

'somewhere in s asia' is the definition.
The definition and answer can be both locations as well as being singular nouns.
Maybe there's a link between them I don't understand?

'bill's wearing bracelets riding horse' is the wordplay.
'bill' becomes 'ad' (advertisement stuck on wall).
'wearing' indicates putting letters inside.
'bracelets' becomes 'bangles' ('bangle' can be a synonym of 'bracelet').
'riding' is a charade indicator (letters next to each other) (in a down clue, some letters go on top of others).
'horse' becomes 'H' (abbreviation as in horse power).
'ad' put within 'bangles' is 'banglades'.
'banglades'+'h'='BANGLADESH'

Can you help me to learn more?

(Other definitions for bangladesh that I've seen before include "Latest Test-cricket country" , "Bag handles (anag) - Commonwealth country" , "tourists, this year" , "Asian country, capital Dhaka" .)

I've seen this clue in The Everyman puzzle in The Observer.
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