Dhaka, Monday


24 June 2024


Business Insider Bangladesh

Salman for strengthening capital market to ensure finance for investors

BI Desk || BusinessInsider

Published: 00:31, 28 May 2024  
Salman for strengthening capital market to ensure finance for investors

Photo: Collected

Prime Minister's Private Industry and Investment Adviser Salman F Rahman on Monday stressed on strengthening the country’s capital market to ensure finance for investors.

“Capital market is the main source of collecting finance for investors across the world. But, our country’s businessmen always take loans from banks for mid-term investment or expansion. We are working for making bond market good,” he said, reports BSS.

Salman said this following a meeting with executive business delegation of the US-Bangladesh Business Council at Bangladesh Investment Development Authority (BIDA) Bhaban in the city, sources said.

Board Chair of the US-Bangladesh Business Council and President and Chief Executive Officer of the Excelerate Energy Steven Kobos and President of the US-Bangladesh Business Council and South Asian Vice President of the US Chamber of Commerce Ambassador (ret) Atul Keshap, among others, attended the meeting.

Talking to reporters, Salman said the government is working to protect the capital market from manipulation. “Prices of shares depend on market. Government never interferes to this end. The main work of the government is monitoring,” he added.

He also focused on institutional investors to strengthen the country’s capital market.

Salman, however, said entrepreneurs from the United States (US) have shown interest to invest more in Bangladesh seeing the present government's various measures to develop the country.

Walton