The Dhaka Chamber of Commerce and Industry and the Dhaka Stock Exchange PLC will promote market transparency, capacity building and investor confidence.
Moreover, they will also work to simplify criteria and awareness initiatives to facilitate greater participation of the country’s small and medium enterprises in the capital market.
In this regard, the DCCI and DSE signed a memorandum of understanding on Tuesday in the presence of DCCI president Taskeen Ahmed and DSE chairman Mominul Islam.
According to the cooperation agreement, DCCI and DSE would also engage in joint research, seminars, symposiums and policy dialogues.
DCCI president Taskeen Ahmed said that this MoU represents not just a formal partnership rather a shared vision to strengthen Bangladesh’s economic foundation through cooperation, knowledge exchange, and innovation.
‘Together, we are opening a new chapter of collaboration that bridges the capital market and the private sector, empowering businesses, especially SMEs, to access finance, grow sustainably and contribute more effectively to our national development,’ he added.
DSE chairman Mominul Islam said that through this signed agreement DSE and DCCI would be able to foster innovation, promote research and advocate for policies conducive to the development of the capital market.
He also said that SMEs do not have the proper understanding of how to get enlisted in the capital market, and with this joint collaboration with DCCI the SME entrepreneurs would be able to know about the enlistment process along with other facilities offered by DSE through seminars, workshops and other events.
‘I believe that through this mutual cooperation, trust and concerted efforts, both DSE and DCCI would be benefited,’ he added.
DCCI senior vice-president Razeev H Chowdhury, COO and managing director (acting) of DSE Mohammad Asadur Rahman, and members of the DCCI and DSE board of directors among others were also present at the signing ceremony.