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Maintain status quo over share transfer: SC

The Appellate Division of the Supreme Court on Thursday ordered the foreign companies, implementing the Dhaka Elevated Expressway project, to maintain the status quo over transferring the major shareholder鈥檚 shares to its co-contractor firms until arbitration in Singapore resolved the share transfer dispute...

Connection between 2 expressways in limbo

The lack of coordination among the authorities in implementing development projects becomes evident once again in a latest instance in which the building works to connect the two under-construction expressways, to be done in the Hazrat Shahjalal International Airport area in the capital, remains in limbo...