Briefing 2023-12-29


FE Team | Published: December 28, 2023 23:03:46


Briefing 2023-12-29

Investors navigate another year of challenges and uncertainty
The stock market passed yet another gloomy year as the prevailing 'floor price' restrictions rendered the entire market illiquid and shattered investor confidence amid ongoing economic challenges. The bleak market conditions were exacerbated by the deterioration of macroeconomic indicators, driven by surging inflation, dwindling foreign exchange reserves, and political uncertainty surrounding the upcoming national elections. Page 9

Tigers out to seal T20 series against NZ
Bangladesh will be looking to seal a record fourth straight T20 series when they take on New Zealand for the second match at Bay Oval in Maunt Maunganui on Friday. Bangladesh lead the three-match series 1-0 following their five-wicket win in the first match. Page 15

US allies reluctant on Red Sea task force
U.S. President Joe Biden hoped to present a firm international response to Yemen's Houthi attacks on Red Sea shipping by launching a new maritime force, but a week after its launch many allies don't want to be associated with it, publicly, or at all. Page 17

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