Tonima Sultana
The BB has enabled them to invest $59.9 million in foreign markets since 2014. Businesses can now invest overseas up to 20% of their average exports over the preceding five years or 25% of their net asset values based on the most recent audited reports, whichever is lower. If a company wants to buy or sell a portion of its stock from a foreign company, it must first get permission from the BB, and then hire well-known investment banks or chartered accountant farms to ensure the price of the stock. The central bank released guidelines allowing local enterprises to invest in foreign nations Wednesday, marking a significant step toward capital liberalisation that will boost Bangladesh's export prospects and create jobs abroad. Investors wishing to do business in other countries recognized by the Financial Action Task Force, a Paris-based global agency combating money laundering, as potential destinations for unlawful activities will not be granted permission.