Briefing 2024-03-31

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FE Team | Published: March 30, 2024 23:18:24

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Margin loans: The tale that has not been told
General investors and the country's capital market repeatedly become victims of accumulated burden of margin loans disbursed to big investors. The recent rapid market erosion is the latest such event that befell them. Page 9
Peru police team raids President home
Peruvian authorities raided President Dina Boluarte's home on Saturday as part of an ongoing corruption investigation related to undisclosed luxury watches. According to a police document obtained by AFP, about 40 officials were involved in the raid, which was searching for Rolex watches that Boluarte had not publicly declared. Page 14
Batters put Sri Lanka on top
A top-order batting blitz took Sri Lanka to 314-4 and left the tourists firmly in command on the opening day of the second and final Test against Bangladesh on Saturday. Kusal Mendis top-scored with 93 in Chittagong, while openers Dimuth Karunaratne (86) and Nishan Madushka (57) also helped power the innings. "Of course we are happy," Karunaratne said. Page 11
Aligning tariffs with WTO obligations
In a step towards global trade compliance, the NBR has undertaken a comprehensive review of Bangladesh's tariff regime, identifying 60 tariff lines where current customs duties and associated charges surpass the bound rates established in the WTO agreements. Page 16