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Bangladesh’s Stock Market is the Key Investment Hub, Says DSE Chairman

DSE stock market

Dr. Hafiz Muhammad Hasan Babu, the Chairman of the Dhaka Stock Exchange (DSE), has emphasized the significance of the capital market in Bangladesh, highlighting the pivotal role played by the stock exchange, particularly in attracting investments. He stressed that the DSE is a crucial player in the country’s financial landscape, with a market capitalization of nearly $80 billion. Dr. Babu also discussed the potential for investment in innovative projects and initiatives in Bangladesh, aligning with the vision of a “Smart Bangladesh,” which is vital for the nation’s economic development.

In a meeting on Friday, November 3rd, Dr. Babu shared his views with Mr. Vincent Van Dessel, Chairman of Euronext Brussels, during their discussion in Belgium, reaffirming the importance of the DSE and its alignment with Bangladesh’s progressive economic policies, the government’s multifaceted development plans, and the transition from a Digital Bangladesh to a Smart Bangladesh. He also highlighted opportunities for foreign and expatriate Bangladeshi investors in the country’s stock market.

During their meeting, the DSE and Euronext Brussels discussed a memorandum of understanding (MoU) on mutual cooperation and collaboration, further solidifying their relationship.

From October 21st to November 4th, the DSE delegation, led by Chairman Dr. Babu, participated in “The Rise of Bengal Tiger: Potentials of Trade and Investment in Bangladesh,” a roadshow held in France, Germany, and Belgium. The eight-member delegation included Professor Abdullah Al Mahmud, Director of DSE, along with other representatives, such as Mohammad Afzal Hossain, Mohammad Shakil Rizvi, Sharif Anowar Hossain, Dr. ATM Tarikuzzaman, DSE Managing Director, Sattique Ahmed Shah, Chief Financial Officer, and Muhammad Asadur Rahman, the Company Secretary.

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