Briefing 2023-10-01

ICB Capital's new product: It is to secure high return tapping into bonds

ICB Capital Management has designed an investment product, in which individuals, institutions, and registered funds will be able to inject money to get, as it has forecast, an annual return of more than 8 per cent. Anyone willing to make investments will have to open a BO (beneficiary owner's) account with the merchant bank and pay at least Tk 3,000 on a monthly basis for a period of three, or five, or seven, or 10 years or above. Page 9

BD hockey team beat Uzbekistan

Bangladesh earned its second consecutive victory in Pool A match of the 12-nation 19th Asian Games Men's Hockey, beating Uzbekistan by 4-2 goals at the Gongshu Canal Sports Park Stadium in Hangzhou on Saturday. Page 17

Maldives votes amid India-China power play

The Maldives voted Saturday to decide its next president in an election seen as a referendum on whether to hitch its fortunes to China or India, both vying for influence in the tropical paradise. President Ibrahim Mohamed Solih faces an uphill battle to secure a second mandate after working to improve strained relations with New Delhi, the archipelago nation's traditional benefactor. Page 12