Bangladesh's Corporate World

The bond market is more secured than the equity market and it could be a better investment option for investors, said Salman F Rahman, private industry and investment adviser to the prime minister. He made the comment at a programme titled ‘Bond market, the ultimate solution for long-term financing’ held at the Federation of Bangladesh Chambers of Commerce and Industry auditorium in the capital Dhaka. Salman said that people must understand that there could be possibility of losing capital in equity investment.‘But there is no chance of losing capital in bond market investment,’ he said. There is a lack of campaign and the absence of professional experts in the bond market that should get importance now, Salman said. ‘It is a milestone for the country as trading of government treasury bonds took place today,’ he said. Bangladesh Securities and Exchange Commission chairman Shibli Rubayat-Ul-Islam said that popularity of the overall bond market had been rising day by day. People are gett...

 Internet freedom in Bangladesh improves after 3 years of decline Internet freedom in Bangladesh improved over the last year, following three years of decline, as internet users experienced fewer restrictions on online mobilisation, says a report by Freedom House, a US-based think tank. Bangladesh has scored 43 points out of 100, improving three notches from the year before, according to the "Freedom on the Net 2022" report, released Wednesday, indicating the country partly enjoyed internet freedom. Since 2013, Bangladesh has been consistently categorised as a "Partly Free" country on the internet freedom index of Freedom House which documents how governments censor and control the digital sphere. The report assessed the level of Internet freedom in 70 countries based on 21 indicators pertaining to obstacles to access, limits on content, and violations of user rights – between 1 June 2021 and 31 May 2022. "Internet penetration and internet speeds have improved ...

Prime Minister's Private Industry and Investment Adviser Salman F Rahman emphasized on diversification of exports and reducing imports to stabilize the currency's depreciating trend. He was speaking at a business luncheon meeting organized by Bangladesh-Malaysia Chamber of Commerce and Industry at a city hotel. Salman said the austerity measures initiated by the government and the central bank to rein in a bullish trend of import since the beginning of the second half of last fiscal year are paying dividends as import costs have shrunk to $6 billion from over $8 billion a month. "It [imports] used to be $8 billion a month, which came down to $7 billion last month and $6 billion this month. I believe our issues will be resolved pretty soon," he said. Salman said the prime minister took proactive initiatives to protect the economy in pandemic times and she did the same when the dollar prices began skyrocketing. "Alongside, Bangladesh Bank has taken initiatives to r...