2016 to usher in new era for capital market: BSEC chairman

Khairul Hossain, chairman of Bangladesh Securities and Exchange Commission (BSEC), yesterday expressed his optimism that the next year would usher in a new era for the capital markets in the country due to some measures undertaken by the government.
The BSEC chairman said this while inaugurating the two-day long CSE Capital Market Fair 2015 at GEC Convention Centre in the city.
“The contribution of the CSE to capital market is likely to increase from 7 per cent to 25 per cent provided the country is not affected by political and social unrest,” hoped Prof Khairul.
“I can foresee bright prospect ahead of the capital market in the country. I can assure you that the next year will emerge as a take-off period,” assured Prof Khairul.
“It is a recent trend of the global capital market that many stock exchanges are working together. We are considering the situation whether two stock exchanges can exist in the country. However, the
time is not ripe yet for this,” added the BSEC chairman.  
“The CSE should also ensure a situation where the investors will not worry about transparency, accountability and market manipulation. The investors of the country should equip themselves with much knowledge. The investors should have analysing capacity,” suggested the BSEC chairman.    
The CSE Chairman Muhammad Abdul Mazid said that they had organised the fair in order to orientate the investors of the premier port city towards the capital market.   
While addressing the inaugural ceremony as, the CSE chairman also sought cooperation from all concerned to expand the role of the CSE in the capital market of the country.
The inaugural ceremony was also addressed by Prof Md Helal Uddin Nizami, commissioner of Bangladesh Securities and Exchange Commission and Sheikh Kabir Hossain, chairman of Central Depository Bangladesh Ltd.   
The two-day CSE Capital Market Fair will conclude today with the participation of the stock brokers and dealers, merchant banks, asset management companies, listed companies like banks, NBFIs, insurance companies and mutual funds.
Besides, the service oriented companies of textile and clothing, pharmaceuticals and chemical, food and allied products, cement, engineering, leather and footwear,
papers and printing, oil and fuel, ICT and telecommunications sectors are taking part in the fair.
A total of four seminars on different topics will also be held in the fair.
The fair is open to all visitors from 10am till 8pm.

 

2016 to usher in new era for capital market: BSEC chairman

Khairul Hossain, chairman of Bangladesh Securities and Exchange Commission (BSEC), yesterday expressed his optimism that the next year would usher in a new era for the capital markets in the country due to some measures undertaken by the government. The BSEC chairman said this while inaugurating the two-day long CSE Capital Market Fair 2015 at GEC Convention Centre in the city. The contribution of the CSE to capital market is likely to increase from 7 per cent to 25 per cent provided the country is not affected by political and social unrest, hoped Prof Khairul. I can foresee bright prospect ahead of the capital market in the country. I can assure you that the next year will emerge as a take-off period, assured Prof Khairul. It is a recent trend of the global capital market that many stock exchanges are working together. We are considering the situation whether two stock exchanges can exist in the country. However, the time is not ripe yet for this, added the BSEC chairman. The CSE should also ensure a situation where the investors will not worry about transparency, accountability and market manipulation. The investors of the country should equip themselves with much knowledge. The investors should have analysing capacity, suggested the BSEC chairman. The CSE Chairman Muhammad Abdul Mazid said that they had organised the fair in order to orientate the investors of the premier port city towards the capital market. While addressing the inaugural ceremony as, the CSE chairman also sought cooperation from all concerned to expand the role of the CSE in the capital market of the country. The inaugural ceremony was also addressed by Prof Md Helal Uddin Nizami, commissioner of Bangladesh Securities and Exchange Commission and Sheikh Kabir Hossain, chairman of Central Depository Bangladesh Ltd. The two-day CSE Capital Market Fair will conclude today with the participation of the stock brokers and dealers, merchant banks, asset management companies, listed companies like banks, NBFIs, insurance companies and mutual funds. Besides, the service oriented companies of textile and clothing, pharmaceuticals and chemical, food and allied products, cement, engineering, leather and footwear, papers and printing, oil and fuel, ICT and telecommunications sectors are taking part in the fair. A total of four seminars on different topics will also be held in the fair. The fair is open to all visitors from 10am till 8pm.