Dr. Shaikh Shamsuddin Ahmed, Commissioner of the Bangladesh Securities and Exchange Commission (BSEC), has emphasized the need for essential smartness in the capital market.
He expressed the desire for brokerage houses to have their own order management systems. Despite considerable efforts, this goal has not yet been achieved. These remarks were made during the panel discussion at the Smart Bangladesh Summit organized by JCI Bangladesh on Saturday, June 10. This two-day summit and expo are taking place at the International Convention City Bashundhara in the capital.
Commissioner BSEC stated that the government already possesses the primary tools for building a smart economy. These tools must be utilized effectively for commercial purposes. Those interested in doing so can proceed without the government’s intervention, as the government will focus on providing necessary resources. He mentioned that the BSEC is fulfilling its responsibilities as a regulatory authority. They are striving to meet the requirements of the supply chain as much as possible. Various projects have been undertaken to address the existing deficiencies.
Furthermore, Dr. Ahmed highlighted that both supply and demand are being identified to guide investments and attract investors to specific areas. It is crucial to shift the focus beyond the supply chain and place more emphasis on meeting the increasing demands.
