Timeframe: 2nd October – 7th October 2021
Contributors: Sayed Mohammed Tawsif Zaman, Zaima Nuzhat, Sad Ebne Walid, Sayere Nazabi Sayem, and Tahmid Rahman.
1. Economy
BB extends HTM limit to help bank cut losses in bonds
Due to the increased interest rate of government treasury bonds, both private and state-owned banks have been suffering losses. In an effort to help the banks cut down on their losses the central bank has enhanced the held-to-maturity (HTM) limit.
Source: https://www.tbsnews.net/economy/banking/bb-extends-htm-limit-help-bank-cut-losses-bonds-312913
2. Sports
Papon re-elected as BCB president for next four years
Nazmul Hassan Papon will steer Bangladesh Cricket Board (BCB) as its president for a new four-year term as he was predictably chosen by all the newly-elected directors on Thursday. After taking on the full-time role for the consecutive third time, Nazmul said his main goal in the new term is to complete the construction of the Sheikh Hasina International Stadium in Purbachal.
3. Agricultural sector
Papaya cultivation gaining popularity in Singair
Papaya is supplied to the different markets including Dhaka after fulfilling the local demand.
A lot of families are cultivating papaya and expanding its cultivation every year, according to the local Department of Agricultural Extension (DAE) sources.
4. Expert Opinion
IUT incident once again highlights the need for active anti-harassment committees
A recently published research paper titled “Sexual Harassment of University Students in Bangladesh: A Case on Dhaka University” authored by Minhazur Rahman Rezvi, Purbasha Prithvi, and Md. Mohsin Hossain of Dhaka University found that most of the respondents were sexually harassed verbally (60%) and non-verbally (51.4%) by male students or faculty members of the university. Around 89% of respondents did not report it to any legal authority. According to the study, the reasons for remaining silent were fear of academic troubles, embarrassment, distrust toward legal systems, and most importantly, fear of social stigmatisation.
5. National News
Remittance flow records 16-month low
The remittance flow to Bangladesh hit $1.72 billion in September, a 16-month low due to the relaxation of regulations on movement during Covid-19 as per BB officials. As movement across borders increased, money transfers through unofficial channels increased. Collected from Bangladesh bank data, the remittance receipts dropped 19.74 percent and 5 percent year-on-year and a month respectively.
Source: https://www.thedailystar.net/business/economy/banks/news/remittance-sinks-16-month-low-2190281?amp
6. Achievements of Bangladeshis
BUET HellBent becomes Asia West champion in ICPC World Finals Moscow 2021
The team comprised Pritom Kundu, H M Ashiqul Islam, and Arghya Pratim Pal. Mohammad Sohel Rahman was the instructor of the team. International Collegiate Programming contest, consisting of participants from universities all over the world, is regarded as a reputable multi-layered
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