Briefing 01-05-2022

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FE Team | Published: April 30, 2022 23:34:34

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CMSF settles 93pc of total claims
Capital Market Stabilisation Fund (CMSF) has settled 93 per cent of total claims so far lodged with the fund authority to receive undistributed dividends. The CMSF, earlier formed to settle investors' claims on dividend along with providing liquidity support for the country's stock market has settled the claims in two phases. Page 9
Ukraine holds off Russian advances
Ukrainian forces fought to hold off Russian attempts to advance in the south and east, where the Kremlin is seeking to capture the country's industrial Donbas region, and a senior U.S. defense official said Moscow's offensive is going much slower than planned. Page 11
Exploring export possibilities in Africa
Bangladesh looks to grab export opportunities in untapped African countries, including tightening trade ties and increasing export earnings, with intent to address its LDC graduation challenges, officials say. Page 21
BD to increase listed firms for LNG supply
Bangladesh will increase the number of listed liquefied natural gas (LNG) suppliers from international spot market expecting to get more participants in the selective bidding process. "We shall invite expressions of interests, or EOIs, from interested global LNG suppliers soon to select new listed firms to source LNG from spot market," Petrobangla chairman Md Nazmul Ahsan told the FE. Page 32