Muhith seeks specific proposal for capital market

Finance Minister AMA Muhith yesterday asked the DSE Brokers Association of Bangladesh (DBA) to give specific proposals to help further development of the country’s capital market to the greater benefit of the national economy, reports BSS. 
“I want two proposals on negative equity and how to operate and use the market stability funds,” he said while meeting with the newly elected DBA committee led by DBA President Ahmed Rashid at the secretariat in the city. 
During the meeting, the DBA team discussed different issues including giving approval for issuing bond instead of fund for negative equity and forming a market stability fund to make more stable the country’s capital market. 
Ahmed Rashid sought two years more as tax rebate opportunity for the brokers and to provide the same facility on capital gain tax, saying the country’s Dhaka and Chittagong Stock exchanges are suffering from system loss. 
The government has not planned to give fund for negative equity, said Muhith adding, “We have planned to give opportunity for issuing bonds.”

Muhith seeks specific proposal for capital market

Finance Minister AMA Muhith yesterday asked the DSE Brokers Association of Bangladesh (DBA) to give specific proposals to help further development of the countrys capital market to the greater benefit ofthe national economy, reports BSS. I want two proposals on negative equity and how to operate and use the market stability funds, he said while meeting with the newly elected DBA committee led by DBA President Ahmed Rashid at the secretariat in the city. During the meeting, the DBA team discussed different issues including giving approval for issuing bond instead of fund for negative equity and forming a market stability fund to make more stable the countrys capital market. Ahmed Rashid sought two years more as tax rebate opportunity for the brokers and to provide the same facility on capital gain tax, saying the countrys Dhaka and Chittagong Stock exchanges are suffering from system loss. The government has not planned to give fund for negative equity, said Muhith adding, We have planned to give opportunity for issuing bonds.