Bangladesh, Sept. 17 -- A high-stake meeting on Monday decided to speed up the process of listing of state-owned enterprises to help revive the country's ailing capital market.
Also, an internal audit department will be established under the securities regulator to look into the financials and operations of the listed companies. On the other hand, steps will be taken to ensure 'fair' prices of initial public offerings.
"We have no option other than thinking about the capital market," finance minister AHM Mustafa Kamal said.
"The confidence of the masses in the capital market will be strengthened by ensuring good governance," he added.
He told reporters after a meeting, where governor of the Bangladesh Bank (BB) Fazle Kabir, chairman of ...