Staff  Correspondent:

Bangladesh Association of Publicly Listed Companies (BAPLC) President and Managing Director of Berger Paints Bangladesh Limited Rupali Haque Chowdhury said many multinational companies in the country are not yet listed in the capital market.

She said this at the CMJF Talk organised by Capital Market Journalists Forum (CMJF) in Paltan, in the capital, on Sunday (Mar 23).

“There is a shortage of good companies in the capital market. For this, the way domestic and foreign companies come to the capital market or invest should be attractive,” Chowdhury opined.

“We had a corporate tax gap of 15 percent. The company law should be reviewed for both listed and unlisted companies. I am not just talking about taxes. We have to level the playing field. Then if it is listed, it will benefit,” she said.

Rupali Chowdhury said, why companies would come to IPO if they do not get benefits. They will take loans from banks. Because even though the interest rate in banks is high, it is easy to take loans.

At the event, chaired by CMJM President Golam Samdani Bhuiyan and moderated by General Secretary Abu Ali, she presented the overall situation of the business.

In response to a question, she said, it would not be right to increase all types of supplementary duties including port charges. If these duties are increased at this moment, business and commerce will not be able to bear any kind of inflationary pressure.

“We from BAPLC are strongly protesting against the increase in duties. If they do not get good benefits if they are listed, then why will they come to IPO? Rather, they will collect capital from banks,” she pointed out.