Dhaka, Feb. 8 -- The government-formed Bangladesh Capital Market Sustainable Development Committee has started its work to streamline the stock market by identifying the challenges and potential improvement methods, officials said on Thursday.

The committee is likely to hold its first meeting next week and devise its work plan to prepare possible policy recommendations for improving the struggling stock market, said Financial Institutions Division (FID) officials.

"We are now at the formation stage of the 10-member committee. We have sought representatives from the authorities concerned for our committee. Hopefully, the full committee can sit together for a meeting next week," said a senior FID official.

"After preparing our action pla...