Briefing 2022-10-13
Thursday, 13 October 2022
Stocks bounce back from sharp selloffs
The benchmark equity index rebounded on Wednesday from heavy selling in the previous two sessions, with major sectors playing the market-supportive role. Some selective stocks saw increased participation of investors, which drove the key DSEX index of Dhaka Stock Exchange (DSE) higher. Page 9
Tigers suffer another defeat
New Zealand marched to the final of the ongoing Tri-Series at home, beating Bangladesh by 49 runs in Christchurch on Wednesday. Bangladesh failed to chase a massive total of 208 runs. It was Bangladesh's third T20 defeat in a row. Before this match, they lost to Pakistan and New Zealand in their previous two matches. Page 18
Nepal flooding, landslides kill at least 33
At least 33 people have died and 22 are missing due to floods and landslides across western Nepal last week, BBC reports citing the country's local media. Scores of others sustained injuries and thousands were evacuated in the Karnali province, where the worst of the monsoon rains hit. Page 17
Develop new capabilities
Global apparel manufacturers need to develop new capabilities in both pre-and post-production stages to remain competitive and profitable, and thus ensure decent work and protect the environment. Page 20