BMBA: Bangladesh Merchant Bankers Association President Shahedur Rahman said that good firms will likely come to the stock market if the tax rate of the listed and non-list companies increases.
He briefed this at an exchange meeting on Tuesday (December 13) in the Dhaka city hotel. The BMBA and the Capital Market Journalist Forum (CMJF) jointly organized the meeting.
“We have policy problems in our capital market,” said the BMBA President. The amount of tax rates of listed and non-list companies is much lower. There are many reasons for not listed in a company. A company is listed a lot when enrolling, there is no such thing as important to them. If this difference increases, good companies will be interested in investing in the market.
He said investors were investing as seeing among which company had given good dividends before. Now it doesn’t. This kind of attitude will not be possible to mobilize the market.
President Shahedur Rahman said journalists played a role in policy-making in the stock market. “We have proposed to solve the problem of the market,” he said. You (journalists) wrote. Later the government solved the problem.
Regarding the rumors in the market, he said, there are many propaganda in our market. As the Prime Minister has said that investors have assumed that the famine of 2021 has begun. He said that there are rice, pulses in the village, there is no opportunity for famine in Bangladesh.
Former CMJF President Touhidul Islam Mintu said the capital market was artificially collapsed due to margin loan and force cell. Investors are getting helpless due to margin loans. We have to get out of this system.
Members of the BMBA and the Capital Market Journalist Forum were present on the occasion chaired by CMJF President Ziaur Rahman and general secretary Abu Ali.
