11/30/2022 0 Comments Cricket revolution in bangladesh![]() ![]() Wasim Akram said, “It’s been incredible to see the rise of digital art collectibles, and I’m delighted to find another avenue to engage with cricket fans all over the world. Binance NFT will bring together artists, creators and crypto enthusiasts from around the world with a minimal fee for users and creators alike. The sale will take the form of a 7-day auction where anyone globally will be able to participate. Featuring top artists and in-demand content exclusively available on Binance NFT, the upcoming collection is no different.īinance, the world’s leading blockchain ecosystem and cryptocurrency exchange, will host and sell the NFTs on its forthcoming NFT marketplace, which launches on June 24th. In attendance were key members of the business community, regulatory bodies and representatives from state-owned enterprises.Previous NFT Collections comprised of media and sports celebrities, such as the singer Lewis Capaldi and England ex-footballer Michael Owen to name a few. Sandeep Uppal, global co-head of International Subsidiary Banking, Commercial Banking, HSBC, and Kevin Green, country head of Wholesale Banking, HSBC Bangladesh, also spoke. Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry, attended as a special guest. ![]() "Historically, our private sector has always been resilient during challenging times and HSBC will continue to play its part through unparalleled international network and connectivity," he added. "Continued digitalisation and up-gradation of technology, consistent rise in per capita income leading to incremental consumptions and demographic dividend have been opening up a world of opportunities for Bangladesh," he said. "In its past 50 years, Bangladesh's trajectory of economic growth has been a testament of the people's insatiable desire and effort to do better," said Md Mahbub ur Rahman, chief executive officer of HSBC Bangladesh. Education is needed for the society, education is needed for a better life of the citizen but it is not the determining factor," he said. "So the matter is contradictory, not unequivocal that education is the prime factor of economic growth. In response to a keynote presentation, Kaikaus said, "Education is good for the nation but I can show you many instances where the country's economy has improved without improving in education." "We are now more energised to do better and for which the country needs the entrepreneurs within the country and outside," said Kaikaus. The GDP per capita in Bangladesh is now $2,228 and this happened within 50 years, he pointed out. This is something we need to work on," he said. "When you talk about equity, we are falling behind. He said although the economy had bloomed, the capital market had been stalled for a decade. "Even if you allow all the FDI coming into the country, it might not move forward unless you have robust economic support within the country and local investment is equally important," he said. So, I think the foreign direct investment is very important, but not the sole mover of the economy," said Kaikaus, who has a PhD in public policy and political economy from the University of Texas. "Maybe I belong to a different school of thought. "This is really puzzling for me," he added. Probably Bangladesh is completely an exception and growth of the economy is not reflected in the capital market," he said. "Whenever a country grows, it is always reflected in the capital market. The country's robust economic growth has not been reflected in the capital market, said Ahmad Kaikaus, principal secretary to the prime minister. He said the stock market was where it was five years ago and was well placed to start closing the gap.īangladesh's economic growth exceeded 7 per cent for four years in a row in the pre-pandemic period while its population grew at a fast pace to stand at around 165 million, said the official. ![]() ![]() "With this backdrop, the Bangladesh stock market deserves more attention as it holds opportunities for investors looking for diversification and 'hidden gems," he said. Fifty years past its independence, Bangladesh has grown into one of Asia's fastest growing economies with a very exciting long-term demographic story, said Joshi. ![]()
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