Briefing 06-09-2020

Aman farmers ‘need support’
The Disaster Management Watch (DM WATCH), a non-government organisation, called upon the government on Saturday to provide financial assistance to the farmers for Aman paddy production and cropping next year aiming to ensure food security in the country. Page 3
Mutual funds' asset values rise
Values of assets managed under the portfolios of listed mutual funds (MFs) rose moderately on the basis of market price in last three months following surge of the share prices of many companies. Net Asset Value (NAV) of listed MFs rose up 27 per cent per unit during May 31 to August 27 following a sharp rise observed in broad index of the Dhaka Stock Exchange. Page 9
Bahrain to allow Israel flights
Flights between Israel and the United Arab Emirates will be able to fly over Bahrain after the kingdom on Thursday said all services to and from the UAE can cross its airspace. The decision, which the kingdom's aviation authority said came at the request of the UAE, follows a historic agreement last month between Abu Dhabi and Israel to normalize ties. In August, Israel's intelligence minister said Bahrain and Oman could be the next Gulf countries to follow the United Arab Emirates in formalising ties with Israel. Page 10
Matarbari power plant gets ready in 2023
Some 30 per cent construction work on the 1200MW Matarbari coal-fired power plant was completed as of July last as Coal Power Generation Company Bangladesh Limited (CPGCBL), the implementing agency, has a target to complete the most expensive scheme by June 2023. The document was placed at a progress review meeting of the annual development programme (ADP) of the Power Division on August 31. However, officials at the implementing agency claimed that the progress in the project work was 37 per cent as of August. Page 12