Dan W Mozena, US ambassador to Bangladesh, said confidence has to be restored among the investors in order to attract investments in the capital market of the country from home and abroad.Mentioning that, loss of confidence among the investors has prompted continuous fall in the turnover of the share markets, he said investment from both home and abroad has been deceasing for few months due to ongoing political unrest. DSE general index touched ground following continuous fall of turnover in last few days.
He came up with observation while talking to journalists after paying a courtesy call to Dhaka Stock Exchange directorial body on Wednesday noon.
Loss of confidence among investors is accelerating the market index fall, he added.
He suggested that main political parties have to reach negotiation with a view to stop the ongoing violence of the country. The assurance of holding free, fair and impartial national polls should come from the negotiation.
Bangladesh has to take initiative to continue with the GSP (Generalized System of Preferences) facilities. If the country lost the facilities, global buyers will get a negative message that could affect the ready made garment sectors of the country, said the US envoy. banglanews24.com
