News in Brief

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Treasury bonds trading begins at DSE after 16 yrs
News Desk
Dhaka Stock Exchange (DSE) started the trading of government treasury bonds in its secondary market on Thursday for the first time after a break of 16 years.
This platform will allow the investors to buy and sell the risk-free instruments.
Earlier, in 2005, there was a transaction on the opening day of the secondary market for treasury bonds.Treasury bonds After that 222 bonds were listed but these bonds were never traded in the market.
However, secondary transactions of treasury bonds were conducted under the management of Bangladesh Bank (BB).
According to DSE sources, the secondary market for treasury bonds will be fully operational within the next two months.
Primary dealers will be able to trade bonds through DSE.
All classes of investors, including BO account holders, will have the opportunity to invest in treasury bonds at the Chittagong Stock Exchange (CSE), who will organize multiple trading on 30 October. Therefore, more people will be able to take part in the transactions together there.

DU to resume physical classes from today
UNB
Dhaka University will resume physical classes from today, after nearly 18 months of Covid-forced closure.
The decision was taken at a meeting of the university’s Academic Council on October 7, UNB has learnt.
On October 5, the university reopened its residential halls to its fourth-year honours and master’s students who got at least one dose of a Covid-19 vaccine. Second- and first-year students were allowed into the halls from October 10, maintaining all Covid-safety protocols.
Earlier, on September 28, the Provost Standing Committee and the Academic Council made the decision to reopen dorms at a syndicate meeting chaired by the vice-chancellor.
The dorms had remained shut since March 20 last year following the outbreak of Covid-19 in Bangladesh, which prompted the government to shut down all education institutions across the country.

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Evaly’s website closed
News Desk
The website of controversial e-commerce platform Evaly was shut down by the company authorities themselves on Saturday afternoon without any prior announcement.
The e-commerce platform shut down its website at 5:08pm on Saturday announcing it through its Facebook page. Since then it could not be possible to enter the Evaly’s site.
In its Facebook announcement, Evaly said the company’s banking activities have remained partially suspended as both of its CEO and chairman remain in jail. The decision has been taken due to uncertainties created over paying office expenses, making server payments, and taking responsibility of workers.
Quoting the legal advisers of the company, the authorities said it would be possible to overcome all the complexities in just four months if ‘time and scopes’ are found.

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