Briefing 24-07-2022
Sunday, 24 July 2022
US buyers rate high RMG compliance
US apparel buyers have acknowledged the improvements in Bangladesh's readymade garment (RMG) industry by rating high its social and labour compliance, according to a latest study. "Respondents reported relatively lower social and labor compliance risks this year when sourcing apparel from Bangladesh. Page 16
Stakeholders must play roles: BSEC
The securities regulator will sit with various stakeholders to listen to their observations about the market and encourage them to play a proactive role in revamping it. As part of the move, the Bangladesh Securities and Exchange Commission (BSEC) will sit with merchant bankers, stock brokers, banks, listed companies and high net worth individuals. Page 9
Iran floods claim at least 21 lives
Flooding in southern Iran has killed at least 21 people and left others missing following heavy rainfall in the largely arid country, state media reported on Saturday. Iran has endured repeated droughts over the past decade, but also regular floods, a phenomenon made worse when torrential rain falls on sun-baked earth. Page 14
Four teams’ bid to skip relegation in BPL
Though the Bangladesh Premier League (BPL) got the champions and runner-up teams with two rounds left, but four teams will have to battle to skip relegation. Even after the end of the 20th round, it is not yet confirmed which of the two teams will be relegated from the BPL. With two matches to go, bottom-ranked of the league table Swadhinata Krira Sangha, who stunned Bashundhara Kings in their opening match of the league, now stand at most risky zone of relegation. Page 13