Briefing 2022-10-03
Monday, 3 October 2022
Stocks begin month on positive note
The stock market began the month of October on a plus side, extending the gaining streak for a third consecutive session on Sunday amid mixed performance of major sectors. The turnover of Dhaka Stock Exchange (DSE) also surged 26 per cent due to increased participation of investors. Page 9
Crude falls but notches weekly gain
Oil prices dipped on Friday in choppy trading but notched their first weekly gain in five on Friday, underpinned by the possibility that the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, will agree to cut crude output when it meets on Oct. 5. Page 19
Online payment of land mutation fees
In a bid to alleviate the hassle and hardships faced by applicants at the land office, the government has taken the registration pro-cess for mutation, or change of a property's title ownership in the Khatiyan (record of rights) online. A fee of Tk 1,100 must be paid online for any correction to the record and the provision of the mutation ledger, according to the land ministry. Page 18
No toll from transports outside terminals
The Bangladesh government has instructed all local authorities, especially city corporations and municipalities, to make sure that their appointed leaseholders do not collect tolls from inter-city transports outside the perimeters of a terminal. The Road Transport and Highways Division and the LGRD ministry issued the directive on Saturday in line with a recent High Court Division order that asked the government to take necessary measures in this connection. Page 16