Briefing 13-05-2022

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FE Team | Published: May 13, 2022 00:08:16

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314 on primary list for CIP status
The government has primarily prepared a list of 314 business persons in order to award them commercially important person (CIP) status for their outstanding export performance in 2022, officials said. Export Promotion Bureau (EPB) prepared the list out of 329 applications. Of the recommended ones, some 283 are single applications and 31 group applications. Page 24
Core index sheds 133 points in 3 sessions
Stocks witnessed yet another bearish session on Thursday as the risk-averse investors kept their selling binge on major sector issues to avoid further losses amid concerns over the country's economic situation. The market opened lower and the downward trend continued until the end of the session amid high intra-day fluctuation, eventually ending over 26 points lower. Page 9
Messi tops Forbes highest-paid athletes' list
Lionel Messi was the world's highest-paid athlete over the last year, according to the annual Forbes list released on Wednesday that had the Paris Saint-Germain forward ahead of the NBA's LeBron James and Manchester United's Cristiano Ronaldo. Messi earned $130 million, a figure which includes $55 million of endorsements, during the 12-month period ended May 1, 2022, to sit atop the list of the 10 highest-paid athletes a year after finishing second to Irish MMA fighter Conor McGregor. Page 15
Two banks to issue Tk 16b bonds
Two listed private commercial banks -Pubali Bank and Premier Bank-- have decided to issue subordinated bonds worth Tk 16 billion to strengthen their capital base. The subordinated bonds are non-convertible, unsecured, fully redeemable and institutions can invest in the bonds for seven years. Page 16