Briefing 04-06-2022

Dhaka stocks bounce back

The equities benchmark index bounced back in the week to Thursday after four consecutive weeks of losses as the Dhaka bourse tried to recover from sell-off with the increased participation of investors. This week saw all the five trading days end higher and the market turnover also went up as the listed securities witnessed price appreciation across the sectors. Page 9

N Korea appears to prepare nuke test

Officials from the United States, South Korea and Japan met in Seoul on Friday to prepare for "all contingencies" amid signs North Korea is preparing to conduct a nuclear test for the first time since 2017. US Special Representative Sung Kim met his South Korean and Japanese counterparts, Kim Gunn and Funakoshi Takehiro, after a US assessment that the North was preparing its Punggye-ri test site for what would be its seventh nuclear test. Page 14

Rail link with Matarbari deep-sea port

The Matarbari deep-sea port will be connected by a train link with the port city and Dhaka as a new railway track will be set up leading to the Chattogram-Gumdum-Cox's Bazar dual gauge double line. Sources said a 26-kilometre railway track will be set up under the Chattogram-Cox's Bazar dual gauge double line project to link the Matarbari deep-sea port with the national railway network. Page 16

T-20 cricket begins in Rajshahi

Bangabandhu Gold Cup T-20 Cricket Tournament began here on Friday for the second time. Rajshahi Divisional Cricketers' Association is hosting the tournament supported by Rajshahi City Corporation (RCC) at Rajshahi College playground aimed at generating new more national standard cricketers. Page 15