Md. Mehadi Hasan

Bangladesh Bank, the central ficancial regulatory authority of Bangladesh has opened a new door to local export oriented companies. The published guidelines by the Bangladesh Bank allows local endeavors to invest in foreign nations, marking a significant step toward capital liberalisation that will boost Bangladesh's export prospects and creates jobs for qualified Bangladeshis' abroad. The companies will be able to invest up to 20% of their average exports in last five years or 25% of their net asset values based on the most recent audited reports, where lower one will be accepted. If a company wants to buy or sell a portion of its stock from a foreign company, it must first get permission from the Bangladesh Bank, and then hire well-known investment banks or chartered accountant farms to ensure the price of the stock. Bangladesh Bank has enabled the local export oriented firms to invest $59.9 million in foreign markets since 2014. But, this ordinace will expedite a wide variety of opportunities as per the company's capacity. Loan defaulter and other companies with negative marking will not be allowed to take this opportunities. To avoid money laundering and other economical threats, Bangladesh Bank should raise funds to investigate foreign investments in a timely manner.