Dhaka Stock Exchange (DSE) Chairman Mominul Islam has said that the country must identify and resolve the problems in the capital market before finalizing any new rules.

He made the remarks on Wednesday (19 November) while delivering his presidential address at a meeting titled “Bangladesh Securities and Exchange Commission (Public Offer of Equity Securities) Rules, 2025”, held at the DSE Tower in Nikunja, Dhaka.

The DSE chairman stated that the capital market faces many challenges, which is why good companies are still hesitant to get listed. These issues must be addressed before any rules are finalized, and problems should be identified through discussion.

The meeting was jointly organized by the Dhaka Stock Exchange (DSE) and the DSE Brokers Association of Bangladesh (DBA). Representatives from the Capital Market Journalists’ Forum (CMJF), Bangladesh Merchant Bankers Association (BMBA), Bangladesh Association of Publicly Listed Companies (BAPLC), Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Dhaka Chamber of Commerce and Industry (DCCI), Bangladesh Association of Pharmaceutical Industries (BAPI), along with other capital market stakeholders, were present.

Mominul Islam added that to expand the market, it is essential to bring in good and innovative initial public offerings (IPOs). He noted that during times of difficulty, the market often becomes restricted, leaving regulators with limited scope to act because of existing rules. Therefore, solutions should be found through discussion before rules are made so that the “doors and windows” of the market do not close.

He further said that the number of good companies in the market is very small and that bringing more quality companies into the market must be given top priority. There is significant scope for improvement in this area. Hence, rules should be designed in a way that encourages strong companies to get listed.