Breaking News
November 5, 2018 - Dhaka Regency Hotel and Resort hosted a short story writing competition in conjunction with the hotel’s Halloween Carnival recently. Winners of the “Spooky Time Storytelling Competition” are Sazid Al Ayaat, HumairaNawsheen and Mubinur Rahman Chowdhury Nadvi. Each winner received an exclusive Trick-Or-Treat gift hamper from Dhaka Regency along with complimentary entry to the Halloween Carnival.
November 5, 2018 - PM seeks “alems” role to maintain social peace
November 5, 2018 - Court to decide on Khaleda’s release: Quader
November 5, 2018 - Ensure Myanmar’s accountability for voluntary repatriation of Rohingyas: envoy
November 5, 2018 - Rangpur court rejects Mainul’s bail prayer
November 5, 2018 - Over 58 lakh workers go abroad with jobs in last nine years
November 5, 2018 - Court to decide on Khaleda’s release from jail: Anisul
November 4, 2018 - Dialogue for free, participatory polls: PM
November 4, 2018 - AL alert against anti-poll conspiracy in guise of dialogue: Quader
November 4, 2018 - Tough action if any one creates unrest after polls schedule: Kamal
November 4, 2018 - Nation recalls four national leaders on Jail Killing Day
November 4, 2018 - Poverty-free Bangladesh to be built with people’s support: Speaker
November 1, 2018 - Sajjad Hussain, Managing Director (CC) of AB Bank Limited and Mostafa Kamal Ahmed, Head of Finance of Third Wave Technologies Limited (NAGAD), exchanging an agreement signing document at the Bank’s head office in the city recently. Under the deal, the bank through its cash management service will facilitate the collections of NAGAD’s nationwide distributors. Senior officials from both the organizations were also present.
November 1, 2018 - AR Rashidi, Senior Advisor of Bashundhara Group, presiding over the 26th AGM of Meghna Cement Mills Limited (a concern of the group) at the International Convention City Bashundhara on Wednesday. The AGM approved 10 percent Stock Dividend for FY 2017-20 for the shareholders. Khawaja Ahmedur Rahman, Independent Director, Maynal Hossain Chowdhury, Major General MahboobHaider Khan (Rtd), Mohammad Abu Tayeb, Eng. Md. Mahbub-uz-Zaman, DMD, Md. Toffail Hossain, CFO, M NaseemulHye, company secretary, other senior executives and a large number of shareholders of the company were also present.
November 1, 2018 - PM leads 22-member team in dialogue with Oikyafront
November 1, 2018 - JP’s dialogue with PM over polls on Nov 5
November 1, 2018 - President promulgates ordinance for using EVM in polls
November 1, 2018 - EC asks educational institutions to complete exams by Dec 10
November 1, 2018 - US support for Rohingya repatriation to continue: Bernicat
November 1, 2018 - JSC, JDC exams begin today
November 1, 2018 - Sheikh Hasina’s doors for dialogue always remain open: Nasim
October 30, 2018 - Such corruption from country’s top-post holder unexpected: court observes
October 30, 2018 - Khaleda embezzles orphans’ money: Hanif
October 30, 2018 - Army Chief adorned as Colonel Commandant of Armoured Corps
October 30, 2018 - JSC, JDC exams begin on Nov 1
October 30, 2018 - AD scraps Khaleda’s plea against trial in absentia
October 28, 2018 - PM opens 21 uplift schemes in Barguna
October 28, 2018 - PM opens Payra Thermal Power Plant Rehabilitation Project
October 28, 2018 - No confusion over general election: Ershad
October 28, 2018 - BNP’s calls for movement appear futile: Quader
nvestment will further rise: Muhith

nvestment will further rise: Muhith

DHAKA: Underscoring the need for further raising
investment by the country’s private sector, Finance Minister Abul Maal Abdul
Muhith yesterday hoped that the investment ratio to GDP would further raise from
the current level of around 30 percent and thus dynamism would be infused in
the upward trend of the economy.

“We’ve been able to push the investment ratio of GDP to 30 percent. We
hope that this investment level would further raise and thus the upward trend
of the economy will get dynamism and strengthened. We’ve started from a low
base and that’s why it’s taking time. But, we’re trying to keep up the
momentum of investment,” he said.

The Finance Minister said this while inaugurating the week-long “World
Investor Week-2018” held at the Krishibid Institution, Bangladesh in the
Capital.

The Bangladesh Securities and Exchange Commission (BSEC), in accordance
with a declaration of the International Organization of Securities
Commissions (IOSCO), a global cooperative of securities regulatory bodies, is
observing the week to create awareness among stock investors.

Muhith noted that the country’s investment ratio to GDP is comparatively
lower than other countries like India as well as the contribution of the
private sector to the overall investment is higher with around 21-22 percent
while the rest come from the public sector.

He said it is a matter of great fortune for the nation that the government
of Sheikh Hasina had been in power without any interruption for almost 10
years for which the country had been witnessing upward trend in economy.

The veteran Minister opined that if Prime Minister Sheikh Hasina could
assume office for another term, then Bangladesh would reach in such a place
from where the country would be poised for becoming a prosperous country.

“So, the next five years are very important for us. If everything goes
well, we’ll be able to attain most of the Sustainable Development Goals as
well as reach closer to becoming a developed country by 2041 as dreamt by our
Prime Minister. But, for that I believe there is a need for various types of
actions and activities,”

Muhith said that the growth in investment was behind the economical
development over the last 10 years in Bangladesh adding that private sector
can further boost this investment level alongside the public sector.

He said that the Awami League government has also raised the public
investment level over the last 10 years because such investment creates
various types of facilities like infrastructures for the private sector to
facilitate their investment.

Turning to role of the BSEC, the Finance Minister said the country’s
capital market watchdog has been able to create a base for further flourish
of the capital market over the last 25 years since its inception. “Now it’s
time for it (capital market) to be grown up,”

Muhith said he was very glad that the BSEC had given all its efforts to
make a reform in the capital market over the last 10 years and thus take it
in such a position from where the capital market would soon be grown up.

Putting emphasis on the role of the BSEC to raise investment from the
capital market for ensuring overall development of the country, the Finance
Minister hoped that the capital market regulator would be able to play its
role efficiently in the coming days.

Presided over by BSEC Chairman, M Khairul Hossain, Financial Institutions
Division Secretary Md Ashadul Islam spoke on the occasion as special guest.

To mark the Week, BSEC has chalked out a seven-day program of cultural
events, discussions, reunions, and seminars.

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE)
will also arrange different programs in Dhaka and Chittagong to mark the
week.

The stock exchanges, merchant banks, and asset management companies are
expected to provide necessary support in observing the week.

In 2017, the BSEC for the first time observed World Investor Week on a
broader scale.

About author

AWARD

Reflection Team

বাংলা

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

ভেঙে পড়ছে গ্রিসের অর্থনীতি। দুই মেয়াদে ক্ষমতায় এসেও সিপ্রাস সরকার চিত্রটা পাল্টাতে পারেনি। দিন দিন বাড়ছে বেকারত্ব। গোটা দেশটার আর্থ-সামাজিক…

Recent Video

Photo Gallery

Folder not found
wp-content/uploads/2012/02/