Pictures from the E-Commerce Survey Report Launch by CES

Select pictures from the Report Launch Ceremony from the survey "Shopper Survey on E-commerce in Bangladesh" featuring Professor Imran Rahman, Mr. Fahim Mashroor, Mr. Minhaz Anwar, Mr. Sajid Amit, Mr. Ishtiaque Ahmed, and Mr. Adib Sarwar.

Investing in the Stock Market - Interview with CES Director Sajid Amit

The Director of Center for Enterprise and Society (CES), Sajid Amit, shares some invaluable opinion about the share market of Bangladesh, during the recent CES training on Technical Analysis. 

Part 1:

In Part 1 of the interview, he emphasizes how the risky feature of the sector should not be taken lightly by the middle and the lower-middle class to invest in the stock market, without Investor-Literacy and adequate information. The potential of the Stock Market in the economy is undeniable according to him, since investment in real-estate is not a affordable substitute for the citizens. 

Below is Part 1 of the two-part interview:

Part 2:

In Part 2 of the interview, Sajid Amit talks about the characteristic of the Bangladeshi stock market.

He explains capital market efficiency in Bangladesh and in the US explaining how they fall in the spectrum of weak to strong form.

The Director emphasized the value of financial journalism, which was inaccurate previously. So a multi-faceted awareness training program should be designed, including financial journalists, traders and researchers.

Speaking about IPOs, in-comparison with India, the big companies and locally operating MNCs are not listed in our stock market. Along with introducing their IPOs, big banks should also invest.

With these strategies in place, the development in Bangladesh would be quicker than in other countries and the future of Stock market, according to Sajid Amit, looks promising.

Below is Part 2 of the two-part interview:

Tips on your first job : university students

7 steps university students need to know to prepare for today’s job market

The job market. Familiar to all and a walk-in-the-park for none. The Director of CES, Mr. Sajid Amit, upholds the stark reality of the rising income class and the larger young population with the relatively small proportion of the present overall student size of the country. In doing so, he presents 7 practical steps that students can take to come prepared for the job market. Job creation will not boom overnight, whether it be private or government initiatives. Neither will high-paid, high-skilled work, even if the young imminent workforce is preparing for with more university education. What can they do to succeed amidst 99 other competitors for a single position?

The Director of CES shares some strategies, in these 7 steps to a higher quality candidate.

1. Identify yourself, aided by a mentor.

2. Target companies of your choice

3. Prepare a CV during first year

4. ....

Read more to find out.

 

Reading in the time of Dubsmash - Dhaka Tribune

Reading in a time of Dubsmash
Reading is virtue, or so it can be said. This was certainly so for the Director of CES, Mr. Sajid Amit, who wrote an article recently about his younger self growing up as an avid consumer of the product of well-known, classic English writers. The habit was reinforced through english medium curriculum, whereas he also acknowledged the regular popularity of Bengali writers amongst the youths, on the flip-side of bangla medium backgrounds. Later on he experienced exposure to more advanced, specific topics during higher education abroad.

From all of these experiences, and the knowledge accumulated, Mr. Sajid Amit has admitted to have enhanced his current business interactions with clients. Occasionally even, these supported him in streamlining business deals.

In the article, attesting that social media has taken over much of our reading habits, he publicized a wish to have an outlet wholeheartedly for readers, to remedy the dwindling hobby of reading amongst our current generations.

Read more in the article.

CES Director Sajid Amit's articles featured in Dhaka Tribune

The Director of CES, Mr. Sajid Amit recently featured a few articles which were published by the popular daily newspaper Dhaka Tribune.

A powerful yet simple story was used to illustrate the structure of the financial economy of Bangladesh. The Director of CES, Mr. Sajid Amit related a simple hypothetical story to depict the structure of bank lending and consumer spending in Bangladesh. It also demonstrates the velocity of money circulation in the economy.Please find the featured article in the link below.
June 13: The Story of the $100 bill

The following article was regarding the outlook of the proposed Budget for FY 17 on one of the dimensions of the marco economy – banks, capital markets and NBFIs.
June 11: The budget and outlook for banks, capital markets, and NBFIs

The article below is regarding the recently presented National Budget for FY17.
June 2:   A budget for middle-income aspirations

CES - Technical Analysis Training Program

ULAB launches training program on Stock Market
 
On Saturday, April 30, 2016, the Center for Enterprise & Society (CES) at the University of Liberal Arts Bangladesh (ULAB) began a three-day skills development program on Technical Analysis Training for stock market brokers and traders at Haji Ahmed Brothers Securities Limited (HABSL).

To inaugurate the training inauguration ceremony, the Vice Chancellor of ULAB, Professor Imran Rahman, the Managing Director of HABSL, Mrs. Ayesha Dada, Director of CES at ULAB, Mr. Sajid Amit, and

Market Bubbles, Structural Developments and Present Trends: An Overview of Bangladesh Capital Markets

The Center for Enterprise and Society (CES) is pleased to announce the publication of our latest report under the Sector Report Series, here. 

Title of Report:

Market Bubbles, Structural Developments and Present Trends: An Overview of Bangladesh Capital Markets 

Month: April 2016 

Publication Series: Sector Report Series 

Author: Sajid Amit, Director, Center for Enterprise & Society (CES) 

By way of a brief excerpt:

Bangladesh Capital Markets: An Overview Over the last 12 years, the Bangladesh economy has sustained average GDP growth of around 6% per year, accompanied by significant shifts in the sectoral output, away from agriculture to industry and services, towards an increasing contribution of the private sector to growth in investment. One of the drivers of the private sector contribution to investment has been the remarkable growth of the Bangladesh banking sector. Although less than a quarter of the population are formally classified as “banked”, there are over 50 private commercial banks in the country, and several of them have acquired mobile banking licenses to bridge the gap between the banked and the unbanked. 

With regard to capital markets organizations, although merchant banks and brokerage firms typically constitute the nonbanking financial institution (NBFI) sector of the economy, several banks have sister concern brokerage firms and merchant banks. However, despite the growth and development of the banking sector, the NBFI sector at large, and the capital markets in particular, have lagged behind. 

Our piece was also featured on the Financial Express. You can access it here.