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Dhaka is home to thousands of Bangladeshi businesses and the offices of many international corporations.
The Dhaka Stock Exchange is one of the largest in South Asia in terms of trading volume and market capitalisation.
In 1947, after the Partition of British India, it became the administrative capital of the eastern wing of Pakistan.
It was declared as the legislative capital of Pakistan in 1962.
The city is home to a number of regional and international development organisations, including the permanent secretariat of BIMSTEC.
Some references also say that it was derived from a Prakrit dialect called Dhaka Bhasa; or Dhakka, used in the Rajtarangini for a watch-station; or it is the same as Davaka, mentioned in the Allahabad pillar inscription of Samudragupta as an eastern frontier kingdom.
The Mughals decorated the city with well-laid out gardens, tombs, mosques, palaces and forts.
Dhaka became known as the City of Mosques in Bengal.
The Grand Trunk Road passed through the region, connecting it with North India, Central Asia and the southeastern port city of Chittagong.
The Mughal Empire conquered the region during the late 16th-century.
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Islam Khan Chishti was the first administrator of the city.