Fazle Kabir, finance secretary for the Bangladesh government
More than 300 delegates crowded into the Marina Bay Sands in Singapore earlier this month for AsianInvestor's and FinanceAsia's inaugural Bangladesh Investment Summit.
Bangladesh forms part of what Goldman Sachs termed the ‘next 11’ most important emerging markets after the Brics, but it faces major hurdles both for investors and those who would provide them with exposure.
Still, there is a growing number of options available, from traditional active equity funds to exchange-traded products to private vehicles, as explored on one panel debate at the summit.
Separately, Hassan Zaman, chief economist for Bangladesh Bank, the country’s monetary authority, announced it was reviewing its Foreign Exchange Act with an eye on liberalising how the country deals with foreign capital.
Another debate at the summit centred on Bangladesh being under-banked with respect to domestic and foreign investors and institutions, something which its central bank says it is seeking to remedy, as reported.
To view our gallery of photos from the event, please click here.
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