Bangladesh Securities and Exchange Commission’s (BSEC) Chairman Prof Shibli Rubayat-Ul-Islam urged Japanese investors to invest in Bangladesh capital market.
He said Japan is Bangladesh’s most trusted friend and biggest development partner. Japanese investors can now take advantage of Bangladesh capital market as the return on investment is very high. says a press release
Shibli Rubayat-Ul-Islam came up with the statement at a seminar on Capital Market Investment for Japanese Investors in Bangladesh which jointly organized by Eastern Bank Limited (EBL) and Dhaka Stock Exchange (DSE) in association with Japan External Trade Organization (JETRO) at EBL head office in Gulshan on Tuesday April 19, 2022.
Prof Shibli also said when Bangladesh economy was moving forward, availability of alternative sources of finance for the business people was a must. Capital market is trying its best to come up with alternative source of finance.
Japanese ambassador to Dhaka Ito Naoki said the economic growth potential is very high in Bangladesh and praised the strong resilience of the economy during the COVID-19 pandemic.
He emphasized that what Bangladesh needs to do is take care of the existing Japanese companies and if they are successful and enjoy good investment climate then they will be promoting Bangladesh as attractive investment destination.
Md. Eunusur Rahman, Chairman of DSE, said Japan is giving assistance in big projects in Bangladesh now they can think of investing in capital market as return on invest is very high. This will be win-win situation for both of the countries.
Managing Director and CEO of EBL Ali Reza Iftekharin said, to sustain Bangladesh’s impressive economic growth trajectory capital market can play a key role to meet long-term financing needs of the country and businesses by providing bonds and other derivatives.
Country Representative of JETRO Yuji Ando 65% Japanese companies operating in Bangladesh think that they would be able to make profit in 2022 and 68% of them have plans to expand their businesses in next two years. Currently 320 Japanese companies are doing business in Bangladesh.
Earlier, Tarique Amin Bhuiyan, Managing Director of DSE gave a detailed presentation on Bangladesh capital market and what are the basic requirements for foreign investors willing to invest in capital market.
