Dhaka, July 14 -- Former Commerce Minister and standing committee member of BNP Amir Khosru Mahmud Chowdhury on Monday said the capital market will only truly gain the trust of stakeholders when government projects begin sourcing funds directly from the stock market.

Speaking at a workshop titled 'Capital Market Reconstruction and Reality', organised by the Economic Reporters' Forum (ERF) at its auditorium in Paltan, he said the growth of the capital market goes beyond the mere introduction of a few good companies for Initial Public Offerings (IPOs).

Khosru warned that over-regulation by the relevant bodies, without strong self-regulation mechanisms, is hampering the institutional capacity of the market.

He emphasised the need for the ...