London expo on Bangladesh capital market April 15
Author / Source : STAFF REPORTER
DHAKA, DEC 27: Curry Life Events (CLE), a UK-based media company, is going to organise a three-day Bangladesh Capital Market Fair for the second time at Water Lily Business Centre (WLBC) in East London, says a press release. The CLE, along with the Bangladeshi stockbrokers, will arrange the expo to lure the investment of both expatriates and foreign investors in Bangladesh capital.
The disclosure came at a press meet at a city hotel on Tuesday where Syed Belal Ahmed, chairman and chief executive officer of Curry Life Group London, Syed Nahas Pasha, Editor-in-Chief of Weekly Janomot, and Mohammed NS Kabir, chairman of Stock and Security Linkway Ltd. were present.
The fair is scheduled to begin on April 15 and continue till April 17. The participants through nearly 60 stalls at the fair will showcase different information on the Bangladesh stockmarket.
To attract both expatriates and foreign capital market investors, the government of Bangladesh has announced a stimulus package, including investment opportunity of undisclosed money, withdrawal of 10 per cent capital gain tax on the income from share market investment of both expatriates and foreign institutes.
The fair organiser hoped that this stimulus package would encourage foreign investment in Bangladesh capital market as the Bangladeshi expatriates have already showed their keen interest.
Renowned stockbrokers and merchant banking institutions of Bangladesh will take part in the imminent fair, the organiser said.
To make the fair successful, the CLE has taken various steps, including arrangement of seminar, networking evening and gala-dinner.
The first-ever such fair in London was held in March, where about 24 Bangladeshi banks and stockbrokers took part.
Moreover, about 10,000 people visited the last fair as well as over 1,000 stockmarket investors opened Beneficiary Owners Account.