The ruling Awami League (AL) has directed the offspring, family members and close relatives of ministers and members of parliament from the party to refrain from participating in the upcoming upazila elections. AL President Sheikh Hasina has given the directive, emphasising the need for fair, impartial, and effective elections. According to party sources, AL General…

Chief of Army Staff General SM Shafiuddin Ahmed yesterday said Bangladesh military does engage with its Myanmar counterpart but with considerable apprehension. “Many Myanmar military leaders have international sanctions [against them], so, there is a risk of putting ourselves into trouble when we do that [further engagement].” He made the statement as the chief guest…

Bangladesh and Thailand may sign at least six MoUs on trade, investment and cooperation in energy and tourism sectors during Prime Minister Sheikh Hasina’s visit to the Southeast Asian country on April 24-29. Discussing a free trade agreement between the two countries may also be a top priority, said foreign ministry officials. “Bilateral trade is…

The shares of Mutual Trust Bank and Shahjalal Islami Bank both experienced declines yesterday following the announcement of dividends for their shareholders for 2023. The banks also unveiled their financials for the last year on the websites of both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE).  After three years, Mutual Trust…

SM Rezaul Alam, a sponsoring director of the local electronics giant Walton Hi-Tech Industries, has announced plans to sell three lakh shares to raise the company’s free-float shares to the required 10% level in the secondary market. Rezaul, who now owns 3.89 crore shares of Walton, expressed his intention to sell some of his shares…