Thrust on long-term industrial investments by banks
Wednesday, 5 September 2007
The commercial banks and other financial institutions should give more thrusts on long-term industrial investment than what they are doing now by encouraging trade and business to get quick returns, reports BSS.
This was stated by President of the International Business Forum of Bangladesh (IBFB), Mahmudul Islam Chowdhury while talking to the journalists of the print and electronic media at a city hotel Tuesday.
Resident Country Director of International Republican Institute, Jeffrey Van Ness, IBFB Vice-President ATM Saidul Alam, Treasurer Tanveer Imam and Director Hafizur Rahman Khan spoke on the occasion.
Mahmudul Islam said although his organization is a new forum of Bangladeshi and foreign business, executives are working to identify common business challenges and finding out their solutions thereof.
The IBFB chief said that all political parties used to announce their election manifesto containing so many programmes and policy assurances but they immediately forget to implement their commitments as soon as the election is over.
He said that the IBFB would work for putting pressures on policy planners to evolve pragmatic national policy on economic matters.
Jeffrey Van Ness laid emphasis on independent solution oriented advocacy to build up a bridge between the stakeholders and the decision makers. A correct advocacy approach could strengthen sound business environment and accelerate the nation's economic pace, he added.
The IBFB executives told journalists that along with their research pursuits, the organization is going to hold training programmes and workshops of the economic reporters for their professional benefits.
This was stated by President of the International Business Forum of Bangladesh (IBFB), Mahmudul Islam Chowdhury while talking to the journalists of the print and electronic media at a city hotel Tuesday.
Resident Country Director of International Republican Institute, Jeffrey Van Ness, IBFB Vice-President ATM Saidul Alam, Treasurer Tanveer Imam and Director Hafizur Rahman Khan spoke on the occasion.
Mahmudul Islam said although his organization is a new forum of Bangladeshi and foreign business, executives are working to identify common business challenges and finding out their solutions thereof.
The IBFB chief said that all political parties used to announce their election manifesto containing so many programmes and policy assurances but they immediately forget to implement their commitments as soon as the election is over.
He said that the IBFB would work for putting pressures on policy planners to evolve pragmatic national policy on economic matters.
Jeffrey Van Ness laid emphasis on independent solution oriented advocacy to build up a bridge between the stakeholders and the decision makers. A correct advocacy approach could strengthen sound business environment and accelerate the nation's economic pace, he added.
The IBFB executives told journalists that along with their research pursuits, the organization is going to hold training programmes and workshops of the economic reporters for their professional benefits.