DCCI Competitors

The Bangladesh Securities and Exchange Commission (BSEC) was established on 8th June, 1993 as the regulator of the country’s capital market under the provision of Bangladesh Securities and Exchange Commission Act 1993. The purpose of the Commission is to protect the interest of investors in securities, develop the securities market and make rules for matters connected therewith or ancillary thereto. The Commission consists of the Chairman and four Commissioners who are appointed for full time by the Government. The Chairman acts as the Chief Executive of the Commission. The Commission is a statutory body and attached to the Ministry of Finance. BSEC is an ‘A’ category member of International Organization of Securities Commissions (IOSCO) since 22 December 2013.

The Dhaka Stock Exchange (Bengali: ঢাকা স্টক এক্সচেঞ্জ Dhaka stôk ekschenj) (generally known as DSE), located in Motijheel, Dhaka, is one of the two stock exchanges of Bangladesh. In 2010, the combined market capitalization of listed companies on the Dhaka bourse stood at over $50 billion. Dhaka Stock Exchange (DSE) is a public limited company. It is formed and managed under Company Act 1994, Security and Exchange Commission Act 1993, Security and Exchange Commission Regulation 1994, and Security Exchange (Inside Trading) regulation 1994. No individual or firm can buy more than one share. According to stock market rule only members can participate in the floor and can buy shares for himself or his clients. At present it has 238 members. Market capitalization of the Dhaka Stock Exchange reached nearly $9 billion in September 2007 and $27.4 billion on Dec 9, 2009.

Dhaka Chamber of Commerce & Industry incorporated under companies Act, in the year 1958, is the largest and most vibrant Chamber of the country. It has been a pioneer in rendering service for the development of private sector business and industry in Bangladesh for over five decades, DCCI represents more than 38 categories of small, medium and large entrepreneurs contributing towards development of economy and employment generation.