es of Bangladesh to discuss about formation of the regional stock exchange, sources added. Meanwhile, to materialise the idea, prospective bourse authorities were invited to join the South Asian Investment Conference (SAIC) to be held on April 26 and 27 in Colombo in Sri Lanka. SAFE in collaboration with the Colombo Stock Exchange is hosting the SAIC. CSE chairman Dr Abdul Mazid, also the chair of South Asian Federation of Exchanges (SAFE), left Dhaka Saturday to join the conference. He is expected to attend the Annual General Meeting of SAFE on April 26. According to sources, the conference aims at promoting investment in South Asian markets. The conference will focus on improvement of cross-border capital market linkages, the cultivation of a favorable environment for cross-border listing and the harmonization of regional regulations and standards and trading opportunities. The Conference would provide an opportunity to share operational experiences in formulating common standards for listing, trading, clearing, settlement and investor protection and best practices in accounting standards and regulation. After the conference, the 10-member Yunnan government delegation is scheduled to visit Dhaka. Dr Mazid is likely to accompany the delegation, said CSE sources. The issue was first discussed at a views-exchange meeting between SAFE chairman and ILFA officials. The meeting also discussed about reformation of the Pan Asia Stock Exchange (PASE). The Yunnan Government also approved the preparation process of PASE reform. Sources said the Yunnan delegation is interested to discuss on the financing mechanism of BCIM-EC (Bangladesh China, India, and Myanmar - Economic Corridor) Silk Road. The delegation will also meet the officials of Bangladesh Bank and Bangladesh Institute of International and Strategic Studies (BIISS).
Sunday, April 26, 2015
Regional stock exchange on the cards:Daily Sun
es of Bangladesh to discuss about formation of the regional stock exchange, sources added. Meanwhile, to materialise the idea, prospective bourse authorities were invited to join the South Asian Investment Conference (SAIC) to be held on April 26 and 27 in Colombo in Sri Lanka. SAFE in collaboration with the Colombo Stock Exchange is hosting the SAIC. CSE chairman Dr Abdul Mazid, also the chair of South Asian Federation of Exchanges (SAFE), left Dhaka Saturday to join the conference. He is expected to attend the Annual General Meeting of SAFE on April 26. According to sources, the conference aims at promoting investment in South Asian markets. The conference will focus on improvement of cross-border capital market linkages, the cultivation of a favorable environment for cross-border listing and the harmonization of regional regulations and standards and trading opportunities. The Conference would provide an opportunity to share operational experiences in formulating common standards for listing, trading, clearing, settlement and investor protection and best practices in accounting standards and regulation. After the conference, the 10-member Yunnan government delegation is scheduled to visit Dhaka. Dr Mazid is likely to accompany the delegation, said CSE sources. The issue was first discussed at a views-exchange meeting between SAFE chairman and ILFA officials. The meeting also discussed about reformation of the Pan Asia Stock Exchange (PASE). The Yunnan Government also approved the preparation process of PASE reform. Sources said the Yunnan delegation is interested to discuss on the financing mechanism of BCIM-EC (Bangladesh China, India, and Myanmar - Economic Corridor) Silk Road. The delegation will also meet the officials of Bangladesh Bank and Bangladesh Institute of International and Strategic Studies (BIISS).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment