The growth of Bangladesh’s stock market will accelerate with more female investors participating alongside their male counterparts, stated Professor Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC). He emphasized that women can play a significant role in the country’s economic development by becoming active in the financial market.
Speaking at the “Women in the Stock Market and Golden Jubilee of Independence Awards 2023” event held at the Pan Pacific Sonargaon Hotel in Dhaka on Wednesday evening, he highlighted the potential of women in smart investment from savings. He said that as more women enter the stock market, the greater the market’s growth will be, positively impacting the overall economy.
The BSEC Chairman also remarked that the combined strength of the money market and capital market is essential for a country’s economic progress. He reiterated the need for short to mid-term business activities to be financed through the money market, while long-term investments should be facilitated by the capital market.
The ceremony was presided over by BSEC Chairman Shibli Rubayat Ul Islam, with special guests including State Minister for Finance Wasika Ayesha Khan and Secretary of the Financial Institutions Division of the Ministry of Finance Abdur Rahman Khan. Additionally, BSEC Commissioners Sheikh Shamsuddin Ahmed, Abdul Halim, Rumana Islam, and ATM Tariquzzaman were in attendance.
