The government has formed two committees to demarcate canals located in the Dhaka North City Corporation (DNCC) and Dhaka South City Corporation (DSCC) areas aiming to identify canal boundaries. The committees have been asked to submit reports within three months. The Local Government Division (LG

The securities regulator has approved a proposal from non-listed Akij Food & Beverage Ltd to raise Tk 5 billion by issuing zero-coupon bonds, a move that reflects the growing reliance of large corporations on alternative financing instruments. According to the regulatory approval, the bond will be

President Donald Trump has urged Bangladesh's newly elected Prime Minister, Tarique Rahman, to move swiftly on trade and defence agreements, using a congratulatory letter to underline Washington's strategic expectations from the new administration in Dhaka. In a letter dated February 18, Tru

Foreign Affairs Adviser Md Touhid Hossain said on Tuesday that only one of agreements signed with India during the previous Sheikh Hasina administration had been cancelled, rejecting claims by another government adviser that 10 such deals had been scrapped. Speaking to reporters at the Ministry of

Bangladesh Nationalist Party (BNP) has called upon the students to engage themselves in the movement for restoring democracy and getting back voting rights of people - apart from their ongoing agitation for quota reforms in the government services. BNP Standing Committee Member Amir Khasru Mahmud

Craftsman Footwear and Accessories, an export-oriented shoe manufacturer, made its trading debut on the SME platforms of the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Thursday. But only one trade executed on each exchange, involving two shares. On its first trading day, th

Stocks witnessed yet another setback this week, with the prime index of the Dhaka bourse tumbling to three-year low, as jittery investors dumped their holdings to avoid further erosion of their portfolio. Analysts said the market was already bearish after withdrawal of 'floor price' from the lar

Prime Minister Sheikh Hasina Tuesday asked the authorities to revise rate schedules of development projects in line with the fluctuating prices of construction materials and currency-exchange rates. At the same time, she cautioned the authorities against duplication of projects as sometimes more t