Government proposes to move stock market listing process online
Dhaka, June 11 -- Seeking to breathe new life into Bangladesh's capital market, the government plans to move the entire company listing process online and simplify regulations that have long deterred businesses from raising funds through public markets.
Finance Minister Amir Khosru Mahmud Chowdhury said the government would simplify listing procedures and remove unnecessary complexities to make the capital market more attractive for businesses.
Presenting a proposed budget of Tk 9.38 trillion in parliament, Khosru said the initial public offering (IPO) process would become technology-driven and subject to fixed timelines.
"The IPO process will be time-bound and technology-based. Application submission, supporting documentation, verific...
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