Dhaka:Bangladesh's finance minister, Amir Khosru Mahmud Chowdhury, announced that the country's capital market is set to undergo significant changes within the next year. This is part of a government initiative aimed at revitalizing and expanding the market, as revealed during the inauguration of the World Investor Week 2026 at the Krishibid Institution Bangladesh Auditorium. According to Bangladesh Sangbad Sangstha, Khosru emphasized the government's commitment to reviving the capital market through a comprehensive approach. He highlighted various measures already undertaken, such as institutional reforms, automation, and infrastructure development, including the establishment of the Central Depository Bangladesh Limited (CDBL). However, he noted that past efforts fell short due to insufficient follow-up reforms and policy support. Khosru outlined plans for a "rescue operation" for the capital market, which may involve tough decisions for some stakeholders. He stressed the need to shift away from tradition al financial reliance, encouraging businesses to raise funds via the capital market instead of banks, which often charge high interest rates. The government is also working on developing a range of financial products, including various bonds, to reduce the cost of funds. Khosru mentioned the possibility of accessing international capital markets with initiatives like floating a dollar bond in New York and establishing a Bangladesh-dedicated fund in Hong Kong, alongside other instruments. He highlighted the importance of a coordinated effort among all stakeholders within the capital-market ecosystem, which includes regulators, banks, insurance companies, and financial reporting institutions. Khosru urged these entities to improve self-regulation, transparency, and professional standards, noting that trust and credibility are crucial for market confidence. The minister also mentioned the growing interest of international investors in Bangladesh's capital market, citing his recent interactions with the intern ational financial community. He acknowledged the need for professional and coordinated action to maintain investor confidence and foster a conducive environment for capital market participation. In conclusion, Khosru expressed optimism that the ongoing reforms and collaborative efforts would lead to a strengthened capital market and a broader transformation of Bangladesh's financial architecture. The World Investor Week programme aims to enhance investors' knowledge and encourage responsible investment practices.
