Tag Archives: Afghanistan Economy

Neighborhood News Digest – 17 February 2023

Afghanistan
US weapons left in Afghanistan are becoming a new threat to Pakistan and India | OPINION – India Today

Approximately, $7 billion of military equipment the US transferred to Afghan Defense Forces over 16 years was left behind in Afghanistan after the US completed its withdrawal from the country in August 2021. This equipment went into the hands of Afghan Taliban and TTP. Click here to read…

Ruling Taliban display rare division in public over bans in Afghanistan – Economic Times

In recent months, the group’s supreme leader, Hibatullah Akhundzada, has appeared to take a stronger hand in directing policy. In particular, it was on his orders that the Taliban government banned women and girls from universities and schools after the sixth grade. Click here to read…

China, Iran call on Afghanistan to end restrictions on women – Indian Express

China and Iran have urged mutual neighbor Afghanistan to end restrictions on women’s work and education. The call came in a joint statement Thursday issued at the close of a visit to Beijing by Iranian President Ebrahim Raisi during which the two sides affirmed close economic and political ties and their rejection of Western standards of human rights and democracy. Click here to read…

The Taliban are digging an enormous canal – The Economist

Taliban officials have started talking up a new canal under construction in the arid north of Afghanistan. A video recently posted on YouTube shows shiny diggers roaring over sand dunes and workers from different ethnic groups toiling together. The Islamist regime says some 5,500 people are working around the clock on the project, using over 3,300 bits of machinery. Click here to read…

Afghanistan Protected Against Pakistan Economic Crisis: Official – Baaghi TV

The Afghan Ministry of Economics said that the current government is working so that Afghanistan does not suffer more from the economic problems in Pakistan. “Every kind of political, economic, and security crisis in the region can affect Afghanistan’s political and economic situation, but management, planning, and policymaking in Afghanistan has caused it to not be affected much by the economic problems of its neighbors, including Pakistan,” said Abdul Latif Nazari, Deputy Minister of Economy. Click here to read…

Bangladesh
Bangladesh sanctions to remain until police reform: US – New Age

The United States will not lift sanctions on an elite Bangladesh police unit accused of extrajudicial killings until it is reformed, a top US envoy visiting the country has said. State Department Counselor Derek Chollet visited Bangladesh this week and he discussed security cooperation with government representatives in Dhaka. Click here to read…

We want peace, but ready to repel external attacks: PM – Daily Star

Prime Minister Sheikh Hasina yesterday said the armed forces are being developed appropriately to give a fitting reply if the country comes under attack by external forces. “If external forces attack, we have to face that. For that we have to build up appropriate armed forces and accordingly we have taken various steps,” she said while addressing the 10th Tigers’ Reunion of the East Bengal Regiment at Bangladesh Military Academy (BMA). Click here to read…

AL, BNP take to city streets today – Daily Star

The Awami League and its associate bodies will hold programmes across the capital today, countering the BNP’s pre-scheduled road march.Dhaka’s north and south units of the BNP will bring out processions around 2:30pm to press home its 10 demands that include the next national election under a non-partisan caretaker government.On the other hand, the ruling AL will hold programmes at 3:00pm and 4:00pm protesting “terror and anarchy of the BNP”.Click here to read…

Bhutan
125 aspiring NC candidates register with ECB – Kuensel

There could be fewer candidates vying for a seat at the National Council (NC) in the upcoming elections than 2018 going by the record of registered candidates with the Election Commission of Bhutan (ECB). The ECB has registered 125 aspiring National Council (NC) candidates including nine female candidates from all dzongkhags as of yesterday. In 2018, there were 177 aspiring candidates including eight female candidates. Click here to read…

Bhutan Airlines loses Nu 150M in the first quarter – Kuensel

The winter holidays have come to an end and intake in universities in Australia ending in March means bad news and business for the airlines. Passengers travelling out for a vacation to Bangkok and those going to Australia have kept the business alive, but the traffic is expected to decline as schools reopen in the country and admission for the spring semester closes in March. Click here to read…

Capital budget use slows in first half of fiscal year – Kuensel

The country has spent Nu 9.9 billion (B) as capital expenditure in the first half of the fiscal year 2022-23, according to the budget performance report for the second quarter of the fiscal year. This makes up about 24 percent of the total capital budget for the fiscal year, which has been revised to Nu 41.83B. Click here to read…

Maldives
Maldives can adapt to sea-level rise. Here’s how – Down to Earth

Low-lying island countries like the Maldives have been experimenting with raising the height of such islands to cope with sea-level rise and a new study showed that these efforts are efficient. Using simple engineering techniques to elevate islands threatened by submergence and creating new islands entirely where people can be moved to can help small island nations like the Maldives, according to a report by researchers from the University of Southampton, the Tyndall Centre for Climate Change Research at the University of East Anglia (UEA) and TEDI-London, along with Maldivian scientists. Click here to read…

Two Years Later: The Campaign to Protect Maldives’ Waves – Save the Waves

It has been two years since Save The Waves and local partners launched the “Save Our Waves Maldives” campaign. Our fight to reverse the ongoing damage to the famous wave of Chickens continues while also advocating for the protection for all of Maldives’ treasured surf spots, which are under constant attack from coastal development and infrastructure. Chickens Surf Break in The MaldivesThe campaign has two primary goals: the first is to restore the wave at Chickens and the second is to create legal protection for Maldives surf ecosystems across the island chain. Click here to read…

Myanmar
China, Myanmar to promote economic cooperation in post-pandemic era – The Star

China’s Yunnan provincial department of commerce and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) held a meeting here on Wednesday (Feb 15) to promote economic and trade cooperation. Speaking at the meeting, UMFCCI President U Aye Win (pic) said that it is a timely meeting to promote the economic and trade cooperation between Myanmar and China’s Yunnan province, adding it will assist Myanmar’s economic development and private business sector development. Click here to read…

Civilians Resort to Suicide as Myanmar Junta Steps Up Attacks – The Irrawaddy

At least four people in Sagaing Region’s Kantbalu District have killed themselves over the past year due to mental trauma caused by junta raids, according to local sources. Junta troops and affiliated Pyu Saw Htee militias have subjected locals to frequent raids in the past year, detaining and torturing residents, abducting them for ransom, making death threats, and torching their homes. Click here to read…

Myanmar plans to sell gold to Japan – The Star

Myanmar is planning to sell gold to Japan, said U Myo Myint, chairman of the Yangon Region Gold Entrepreneurs Association. “Now a Japanese company inquired to buy gold from Myanmar. We are also planning to export,” U Myo Myint said. During 2017 and 2018, gold was sold to Japan, but it had to be stopped due to the situation of the Covid-19 pandemic, he said. “It has been exported before. It was stopped because of Covid-19. Now they are asking about price and market situation,” U Myo Myint continued. Click here to read…

Nepal
India, Nepal jointly inaugurate two Dharchula International Suspension bridges – The Print

District Magistrate Pithoragarh Reena Joshi and District Magistrate Darchula, Nepal Dirghraj Upadhyay jointly inaugurated two Dharchula International Suspension bridges in the border area Dharchula of Pithoragarh district. Click here to read…

Nepal plane crash: Investigators suspect human error in preliminary report. Details here – live Mint

A preliminary probe report in the Yeti Airlines crash that killed 71 people, including five Indians suspect human error behind the deadly crash. Yeti Airlines flight 692 lost thrust and fell after the propellers of both engines went into a feathered position. The flight had taken off from Kathmandu’s Tribhuvan International Airport on 15 January, crashed on the Seti River gorge between the old airport and the new airport in the resort city of Pokhara. As per International Civil Aviation Organisation (ICAO), the state investigating an accident or incident must produce a preliminary report within 30 days of the accident. Click here to read…

Pakistan
TTP rejects UNSC report, says it has no presence in Afghanistan, slams Pakistan govt – News Vibes of India

Tehreek-e-Taliban Pakistan (TTP) tonight rejected a report of the UN Security Council (UNSC) which has suggested that the outfit has presence in Afghanistan and blamed the “duplicitous policy of the government of Pakistan” for such a “biased” view. Click here to read…

Pakistan’s foreign exchange reserves rise above $3bn – Dawn

Pakistan’s foreign exchange reserves held by the central bank rose by $276 million to $3.2 billion in the week ending on February 10, the State Bank of Pakistan (SBP) said on Thursday. According to the state bank, net foreign reserves held by commercial banks stood at $5.5bn, bringing the country’s total liquid foreign reserves to $8.7bn. Click here to read…

Pakistan, Polish entities ink MoU for supply of defence equipment to Ukraine – Economic Times

Poland is going beyond just being a transit state for transfer of Pakistani arms to Ukraine, with a Polish entity signing a memorandum of understanding (MoU) with a Pakistani company for supply of defence equipment to Kyiv. Some other Pakistani and Polish companies are also involved in transfer of the equipment, while a Canadian firm is acting as an intermediary. Click here to read…

US Concerned About Debt Owed To China By Cash-Strapped Pakistan – NDTV

The United States is concerned about debt owed to China by Pakistan and other countries, US State Department Counselor Derek Chollet said on Thursday during a visit to Islamabad as the country dealt with an economic crisis. Pakistan, historically a close ally of Washington, has become increasingly close to China, which has provided billions in loans and is Islamabad’s largest single creditor. Click here to read…

Is China and Pakistan’s ‘iron brotherhood’ crumbling? – Times of India

For years, China and Pakistan have been tom-tomming their ever-tightening geopolitical embrace to the entire world. With Pakistan at the centre of its Belt and Road ambition, China has pumped billions of dollars worth of investment into the country and has extended diplomatic support to Islamabad at every global platform – directly or indirectly. Click here to read…

Sri Lanka
Sri Lanka economic crisis: Power prices hiked by 66%; aims to gain IMF support – Business Today

Sri Lanka in the midst of an economic crisis, is hiking up prices as it aims to persuade the International Monetary Fund to lend it a helping hand. Sri Lanka hiked up prices of power by 66 per cent, following an increase in electricity prices by 75 per cent last year. The country’s inflation was above 54 per cent on-year in January and income taxes as high as 36 per cent. Click here to read…

Sri Lanka’s Local Elections Are a Major Threat to the Ruling Class – The Wire

Two themes dominate the political debate in Sri Lanka at present: managing the economic crisis through restructuring sovereign debt and the local government elections announced for March 2023. Click here to read…

Constitutional reforms within unitary system – Daily News

The obstinate refusal by the Tamil political parties to give up federal demand, which every sane opinion labelled as a ‘non-starter’ has deadlocked the recent attempts to find a lasting solution to the minority demands for devolution. Click here to read…

Neighborhood News Digest – 01 February 2023

Afghanistan
Afghanistan Exported $1.7 Billion Worth of Goods Over Past 10 Months – Tolo News

The office of the Deputy Prime Minister of the Economy said that over the past 10 months, the nation’s exports have topped $1.7 billion and that revenue from this has been collected. The office of the deputy Prime Minister said that despite all the difficulties, including the freezing of the nation’s assets and sanctions on the banking industry, the value of the Afghani currency has been maintained against other currencies. Click here to read…

Uzbekistan and Russia explore trade route through Afghanistan – Prensa Latina News

Uzbekistan and Russia analyzed the possibility of setting up a new trade route to the countries of Southeast and South Asia via Afghanistan, the Ministry of Transportation reported. The two governments exchanged views on the potential of the Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan multimodal corridor connecting Russia with Southeast and South Asia, the source said. Click here to read…

Iran to inaugurate trade center in Afghanistan next month – Mehr News Agency

An Iranian trade center is scheduled to be opened in Afghanistan next month, Deputy Iranian Minister of Industry, Mine and Trade Seyyed Mohammad Mousavi announced on Tuesday. Referring to the $1.5 billion worth of trade between Iran and Afghanistan in the first 9 months of the current Iranian year (starting from March 21), Mousavi expressed hope that with the opening of Iran’s trade center in Afghanistan, the level of Tehran-Kabul relations will be enhanced. Click here to read…

Bangladesh
69 officials punished by Election Commission over irregularities – Dhaka Tribune

For their involvement in numerous offences, including unethical activities and National Identity Card (NID) forgery, the Election Commission (EC) meted out different punishments to 69 officials and employees. There were 25 first-grade officials among them, including a deputy secretary and a regional election officer. Three second-grade officers were among the 69. The list also included 25 third-grade and 16 fourth-grade officials. Departmental proceedings were started against these 69 between 2018 and 2022. Several of them were sacked, while some were demoted. Many others will not get an increment for one-three years. Others were let off with a warning. Click here to read…

‘Peace remains elusive without CHT accord’ – Daily Star

It is not possible to establish peace in the rest of the country keeping the Chittagong Hill Tracts in an uproar, said speakers at a rally in Chattogram yesterday. The implementation of the CHT Peace Accord is a must to establish peace in the hills, they said in the divisional solidarity rally, organised by CHT Peace Accord Implementation Movement, to mark 25 years of the accord’s signing, in front of Chattogram Jela Parishad Bhaban. Click here to read…

Experts: Fake news threatening human rights, democracy – Dhaka Tribune

Fake news, misinformation, disinformation and hate speech have become more widespread and dangerous with the growth of social media, and experts have called for these insidious threats to be addressed. The high prevalence of fake news is having an impact on democracy, freedom of expression and human rights across the globe, the speakers said on Tuesday at an international seminar at a Dhaka hotel. The event, titled “Fake News: A Threat to Human Rights and Democracy”, was hosted by Empowerment through Law of the Common People (ELCOP). Click here to read…

Bangladesh orders 191 ‘anti-State’ news sites blocked – The Hindu

The Bangladesh government has ordered the closure of 191 websites it accuses of publishing “anti-state news”, stoking concerns about media freedom in the South Asian country. Information Minister Hasan Mahmud told Parliament on Monday that the government has instructed the telecoms regulator to close the domains following “reports from intelligence agencies”. He said the sites, which were not named, were “conducting activities that spread confusion among the public”.Click here to read…

Bhutan
Nuns get training in leadership, management skills in Bhutan – ANI

The Bhutan Nuns Foundation recently organised a 10-day capacity-building training programme to educate and empower the country’s nuns, so that they could become agents of change and contribute to society, The Bhutan Live reported. The report further quoted the foundation saying that the nuns rarely get training opportunities due to which their knowledge remains under-utilised. Click here to read…

India Announces Support To Bhutan To Establish Third International Internet Gateway – Republic World

The Embassy of India in Bhutan revealed on Tuesday that the Indian government has announced its support to Bhutan for the establishment of the third international internet gateway. On Tuesday, the Indian Embassy in Thimphu released a statement and stated that the Indian government will be facilitating a “concessional rate to bring down the cost of operations of the gateway.” The consulate also announced that the initiative is a part of the expanding India-Bhutan digital partnership. Click here to read…

BTP holds first General Assembly – Kuensel Online

At the first general assembly of the Bhutan Tendrel Party (BTP), the party revealed four more candidates after declaring the party president’s profile. The assembly took place at the Royal Institute of Management’s (RIM) multipurpose hall in Semtokha, Thimphu. President Dasho Pem Tshewang offered the new candidates Tashi Khadhars after introducing them to the people. Click here to read…

Maldives
Discussions held on enhancing Maldives-Poland cooperation in tourism, trade – Raajje

Discussions have been held on enhancing cooperation in tourism and trade between the governments of Maldives and Poland. This was done during a farewell call non-resident Ambassador of Poland Adam Burakowski paid on President Ibrahim Mohamed Solih on Tuesday. During the meeting held at the President’s Office, the Maldivian leader conveyed greetings and good wishes to Ambassador Burakowski. He went on to express sincere gratitude for the remarkable services rendered under his leadership as the ambassador. The meeting saw President Solih and Ambassador Burakowski expressing keen interest to work closely to discuss matters of mutual interest, especially to enhance and strengthen the existing cooperation at the bilateral and multilateral levels. Click here to read…

32 percent increase in tourist arrivals – Avas

The Maldives’ tourism has grown by 32.5 percent this year compared to the same period last year. According to the statistics released by the Tourism Ministry, 155,886 tourists arrived in the Maldives as of the 28th of this month. This is a 32.5 percent increase over the same period last year. One hundred seventeen thousand six hundred eight tourists arrived in the Maldives during the same period in 2022. Statistics show that the largest number of tourists visiting the Maldives comes from Russia. Click here to read…

MDP Primary: Nasheed admits defeat – Avas

Parliament Speaker and leader of the main-ruling Maldivian Democratic Party (MDP) ‘s President, Mohamed Nasheed, has admitted defeat in the party’s Presidential Primary.
Nasheed contested against President Ibrahim Mohamed Solih in MDP’s presidential primary on Saturday. President Solih received 61 percent with 24,572 votes, against Nasheed’s 15,631 votes — 31 percent. Nasheed did not comment on President Solih’s apparent victory on the day of the election or the day after. Click here to read…

Myanmar
As Myanmar crisis simmers on, sentiments stay in favour of refugees in Mizoram – Indian Express

The Myanmar military’s bombing of Camp Victoria, a key rebel hideout on the Indo-Myanmar border, last week, underlines the continuing instability caused by the nearly two-year coup in the neighbouring country. The unrest also continues to spill over across the border to the northeastern state of Mizoram. Since the coup began in February 2021, thousands of Myanmarese nationals, caught in the crossfire between the Myanmarese Army and pro-democracy rebel forces, have crossed the border and entered India. Click here to read…

Australia targets Myanmar, Iran with economic sanctions – AP News

Australia on Wednesday announced targeted financial sanctions and travel bans against “individuals responsible for egregious human rights abuses” in Myanmar two years after a military junta seized power in the Southeast Asian country. The Myanmar sanctions target 16 members of the military’s governing regime and two military-controlled entities, the government said. Click here to read…

US, allies hit Myanmar with sanctions on coup anniversary – DW

Marking Wednesday’s two-year anniversary of Myanmar’s military coup, the US and its allies announced further sanctions on the country. Washington, along with Canada and the United Kingdom and Australia on Tuesday imposed sanctions on the Union Election Commission, mining enterprises, energy officials and others, as per a statement by the US Treasury Department. The statement said this was the first time the US had targeted Myanmar Oil and Gas Enterprise (MOGE) officials, the managing director and deputy managing director. It is the country’s single largest revenue-generating state-owned enterprise. Click here to read…

Nepal
USA to invest over $1 billion in Nepal over next 5 years – Economic Times

The United States of America will invest over $1 billion in Nepal over the next five years in green energy, electrification of the country, small and medium enterprises, women-led businesses and other sectors. The Under Secretary of State for Political Affairs, US, Victoria Nuland said, “The United States plan to invest over $1 billion in Nepal over the next 5 years in everything from green energy, and electrification of this country to small and medium-sized enterprise particularly investing in the women-led business.” Click here to read…

Nepal ranks 110th in Corruption Perceptions Index – The Kathmandu Post

Nepal has been ranked in 110th position out of 180 countries and territories in the Corruption Perceptions Index. According to Corruption Perceptions Index 2022, an annual flagship publication of Transparency International, a global anti-corruption group based in Berlin, made public on Tuesday, Nepal made a slight improvement by climbing seven positions in the global rankings. Nepal was ranked in the 117th position in 2021. Click here to read…

‘Lamichhane cannot get ministry back’– The Himalayan

Senior Advocate Mithilesh Kumar Singh said that as per Article 78 (4) Rabi Lamichhane cannot become a minister as the SC invalidated his election to the House of Representatives and the same ought to be interpreted as his defeat. Click here to read…

In deep economic crisis, Nepal may just sail through – Firstpost

The economy in Nepal which was on the path of recovery following the Covid-19 pandemic has further been hit by the Ukraine crisis. The International Monetary Fund (IMF) noted that the global economic impact of the war in Ukraine is exacerbating existing vulnerabilities and impacting Nepal’s import-reliant economy, increasing inflation, and decreasing international reserves. Click here to read…

Samantha Power Visiting Nepal: USAID Administrator – The Mirage

Administrator Samantha Power will travel to Kathmandu, Nepal in early February. While there, Administrator Power will meet with civil society leaders, community groups, students, businesses, and government officials to discuss Nepal’s efforts and achievements in becoming a more democratic, prosperous, inclusive, and resilient country. Click here to read…

Pakistan
US envoy, Pakistan officials discuss Afghan Taliban ban on women – The Express Tribune

US Special Representative for Afghanistan Thomas West, who visited Pakistan on January 30-31, discussed terrorism and Afghan Taliban’s ban on girls education with top officials including army chief General Syed Asim Munir. In a tweet from his official handle on Tuesday, the US envoy appreciated Pakistan’s hospitality over two days of productive meetings related to Afghanistan. Click here to read…

Pakistan blames ‘security lapse’ for Peshawar mosque blast, 100 dead – The Hindu
Pakistani authorities scrambled Tuesday to determine how a suicide bomber was able to carry out one of the country’s deadliest militant attacks in years, unleashing an explosion in a crowded mosque inside a highly secured police compound in the city of Peshawar. The death toll from the blast climbed to 100. Click here to read…

Pakistan’s corruption perception score falls to worst level in 10 years – Dawn

Although Pakistan managed to maintain its ranking in Transparency International’s Corru­ption Perceptions Index (CPI) in 2022, its overall score fell to the lowest level since 2012. According to the report released on Monday, Pakistan ranked 140 out of 180 countries — a position unchanged from 2021. However, its overall CPI score fell to 27 out of 100. Last year, the score was 28 out of 100. Click here to read…

TTP attack on Mianwali police station ‘repulsed’ – Dawn

A day after a deadly suicide bombing in Peshawar claimed over 100 lives, a police station in Mianwali came under a gun attack by a group of heavily armed militants be­longing to banned Tehreek-i-Taliban Pakis­tan (TTP) on Tuesday night. However, police clai­med late at night the attack had been repulsed. Click here to read…

North-west Pakistan in grip of deadly Taliban resurgence – The Guardian

The seemingly uncontrollable resurgence of the TTP in Pakistan had been forewarned by many observers since the return of the Taliban to power in Afghanistan in August 2020, after they seized control from the US-backed government and imposed brutal Islamic rule on the country. The triumph of the Taliban in Afghanistan was celebrated in Islamabad including by the then prime minister, Imran Khan, who said the country had broken from “the shackles of slavery”. Click here to read…

Sri Lanka
Useful meeting, says Jaishankar after reviewing ties with Sri Lankan envoy – Hindustan Times

External affairs minister Jaishankar said in a tweet that he had a “useful meeting” with Sri Lankan high commissioner Milinda Moragoda and reviewed his recent visit to Lanka and “taking the understandings forward”. The Sri Lankan high commission said in a statement that Moragoda met the external affairs minister to review the current status of the relations between Sri Lanka and India, and to discuss the “way forward and follow-up action, emanating” from Jaishankar’s recent visit to Colombo. Click here to read…

Sri Lanka Is Calm Again. That Doesn’t Mean Things Are Any Better – New York Times

On the surface, calm has returned to Sri Lanka since the South Asian nation plunged into political chaos and virtual bankruptcy last summer. Gone are the fuel lines that snaked for blocks; a seaside expanse that had been the site of a monthslong protest encampment was resplendent over the holidays with Christmas lights and carnival rides. But underneath, the island nation’s economy remains on a ventilator, with the government yet to secure a way out of crushing debt. Sri Lankans have become resigned to a sad reality: pared-down meals, shrunken incomes and reduced expectations. Click here to read…

Sri Lanka’s ex-President Sirisena apologises for 2019 Easter Sunday bombings – The Hindu

Sri Lanka’s former President Maithripala Sirisena on January 31 extended an apology to the country’s minority Catholic community for the devastating 2019 Easter Sunday bombings that killed over 270 people, including 11 Indians. His apology came weeks after the Supreme Court on January 12 ordered him to pay LKR 100 million (roughly ₹2.2 crores) as compensation to the victims. His failure to pay the victims would send him to jail on contempt of court charges. Mr. Sirisena, the Sri Lankan President from 2015 to 2019, also said he would contest the next presidential election due in 2024. Click here to read…

Neighborhood News Digest – 16 January 2023

Afghanistan
Uzbekistan Halts Power Supply to Afghanistan: DABS – Tolo News

The country’s power distributor, Da Afghanistan Bereshna Sherkat, said on Sunday that the imported electricity from Uzbekistan has been disconnected due to technical issues. DABS official Safiullah Ahmadzai said that Islamic Emirate officials are negotiating with Uzbekistan officials about the reconnection of power supply to the country. He said to address the lack of electricity in Kabul, the company has activated the Tarakhil thermal power station. Click here to read…

Former woman MP shot dead in Afghanistan – The Tribune

A former Afghan female lawmaker who refused to flee Afghanistan after the Taliban takeover was shot dead along with her bodyguard by unidentified assailants in Kabul late Saturday night. This is the first time a lawmaker from the previous administration has been killed in the city since the takeover. Mursal Nabizada (32), extremely critical of the Taliban’s policies, was elected MP under the previous western-backed government from a constituency in Nangarhar district, considered the base of the Islamic State (IS). Click here to read…

Afghan bank’s cash remarks ‘misleading, unhelpful’ says UN – Devdiscourse

The United Nations (UN) mission in Afghanistan has slammed the Taliban-controlled central bank for making what it described as “misleading and unhelpful” remarks about cash destined for humanitarian work in the ravaged country. “CLARIFICATION 1-Cash shipped to #Afghanistan by the UN is placed in UN accounts in a private bank. It is used by UN agencies to support its humanitarian work 2-Announcements by non-UN entities about UN fund shipments are misleading & unhelpful,” the United Nations Assistance Mission in Afghanistan (UNAMA) tweeted. Click here to read…

Bangladesh
Bangladesh pins hopes on nuclear energy as its way out of power cuts and rising fuel prices – Scroll

The Rooppur nuclear plant is being built by Rosatom, Russia’s state-owned nuclear energy corporation, using Russian technology and a Russian loan of $11.38 billion to be repaid over two decades from 2027. Click here to read…

Let’s talk the talk: Confronting Bangladesh’s national security threats – Dhaka Tribune

The discourse of national security takes place rarely, and even in such rare discourses, there is a deliberate effort to demilitarize it. It is often portrayed to the public and indoctrinated in academic settings that Bangladesh has no security threats. Therefore, all it needs to do is focus on economic development. Click here to read…

Cutting Extrajudicial Killings: US satisfied with Rab’s progress – Daily Star

Visiting US Assistant Secretary Donald Lu yesterday expressed satisfaction that Rab reduced extrajudicial killings since late 2021, when the US imposed sanctions on the forceClick here to read…

Bhutan
China, Bhutan agree to expedite negotiations to resolve border dispute – The Economic Times

China and Bhutan have reached a “positive consensus” to push forward the implementation of the agreement to expedite negotiations to settle their border dispute through a three-step roadmap. The 11th Expert Group Meeting (EGM) on the China-Bhutan Boundary Issues was held in China’s Kunming city from January 10 to 13, according to a joint statement issued by both countries. Click here to read…

New Delhi hopes Bhutan will factor in Indian concerns on trijunction – The Economic Times

Following Bhutan-China expert group meeting in Kunming on boundary issues, India is hopeful that its concerns on the trijunction will be considered in the next round of Sino-Bhutanese consultations. Senior Indian officials visiting Thimphu, coinciding with the January 10-13 meeting in the Chinese city, underlined the special nature of Indo-Bhutanese ties, people in the know said. It is understood that various aspects of Bhutan-China talks were discussed. Click here to read…

Bhutanese economy to grow at 4.1 percent in current FY: World Bank – Kuensel Online

The World Bank forecast the Bhutanese economy to grow by 4.1 percent in the fiscal year 2022-23, in its report “Global Economic Prospects” report, released on January 10. The reopening of borders in September last year is expected to support growth in the industry and services sector, the Bank said. Bhutan’s growth has revised down by 0.6 percentage points from the World Bank’s June projection last year of 4.7 percent. Click here to read…

Maldives
Maldives Presidential Election to be held on Sept 9 – Avas

The Presidential Election will be held on September 9 this year. The date of the election was announced by the Elections Commission (EC) at a press conference at the Manhattan Business Hotel this morning. EC’s President, Fuwad Thawfeek, said if the election goes to a second round, the voting of the final round would be held on September 30. This year, 280,000 people are eligible to vote in the election, he said. Click here to read…

Cambodian PM arrives in the Maldives on official visit – Avas

The Prime Minister of Cambodia, Samdech Akka Moha Sena Padei Techo Hun Sen, arrived Sunday morning on an official visit to the Maldives at the invitation of President Ibrahim Mohamed Solih. This is the Cambodian Prime Minister’s first visit to the Maldives. Click here to read…

Myanmar
Local resistance, not foreigners, key to Myanmar’s future – Financial Review

Myanmar’s abject deterioration since the February 2021 military coup accelerated throughout 2022, with more violence, retribution and pain spread across the rapidly impoverishing country of 55 million people. The military regime spent the year trying to reinforce its positions on the battlefield and its claims to institutional legitimacy. It is failing on both fronts. Click here to read…

Global firms help Myanmar’s military make weapons, says report – BBC

Myanmar’s military is producing a vast range of weapons to use against its own people thanks to supplies from companies in at least 13 countries, former top UN officials say. The US, France, India and Japan are among those named, despite Western-led sanctions intended to isolate Myanmar. The report says the home-produced arms are used to carry out atrocities against those who oppose the military. Click here to read…

Myanmar shadow government raises $132m to oppose junta – Strait Times

Myanmar’s shadow National Unity Government said it has raised more than US$100 million (S$132 million) to fund its democracy effort and topple the junta. About 45 per cent of the funds are from the sales of so-called Spring Revolution Special Treasury Bonds, according to Mr Tin Tun Naing, shadow minister for planning, finance and investment. Click here to read…

Myanmar Junta Airstrikes On Rebel Camps Spark Scare In Mizoram – Swarajya Marg

Airstrikes by Myanmar’s ruling junta on the headquarters of the Chin National Front (CNF), the political wing of the rebel Chin National Army (CNA), earlier this week has caused a scare in neighbouring Mizoram. Fighter jets of the Myanmar Air Force dropped bombs on the CNF headquarters at Mount Victoria in Chin province of that country, killing five CNF members and injuring scores of others, on Tuesday (10 January) and Wednesday (11 January). Click here to read…

Nepal
68 dead in Nepal’s worst domestic air disaster – The Kathmandu Post

Nepal saw its worst domestic air disaster on Sunday morning when Yeti Airlines flight NYT 691 from Kathmandu to Pokhara crashed a few minutes before landing at the new international airport. The plane carried 72 persons, including passengers and crew, and 68 had been confirmed dead as of Sunday evening, the country’s civil aviation regulator said in a statement. Rescue efforts have been suspended for Sunday. Click here to read…

Govt forms panel to probe plane crash- The Himalayan Times

The government has formed a five-member probe committee to investigate Yeti Airlines plane crash near Pokhara Regional International Airport today. An emergency Cabinet meeting held today decided to form a panel under former government secretary Nagendra Ghimire to investigate the accident and submit its report within 45 days, said government Spokesperson and Finance Minister Bishnu Prasad Paudel. Click here to read…

Kerung border reopening brings little joy to traders – The Kathmandu Post

Nepali traders had cheered when China allowed two-way trade to resume at the Rasuwagadhi-Kerung border last month, but they are finding out that the joy may have been premature. Beijing has declared that exports from Nepal will be allowed to pass only on a fortnightly basis. Imports to Nepal, however, are permitted to pass daily, officials said. “For now, China has allowed 14 goods carriers to cross the border every fortnight,” Narayan Prasad Bhandari, chief of the Rasuwa Customs Office, told the Post. Click here to read…

Nepal PM Prachanda says he will visit India soon – The Hindu

Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that he will visit India soon on his first foreign trip after assuming the top executive post of the country for the third time. However, the Nepal government is yet to officially announce the Prime Minister’s visit to India. The date and itinerary of the visit are yet to be finalised. Click here to read…

Pakistan
Embarrassing to ask for more loans: Pakistan PM Shehbaz Sharif – OpIndia

Prime Minister of Pakistan, Shehbaz Sharif, said that it is becoming very embarrassing for him to ask for further loans from other countries. Pakistan, which is perennially in an economic crunch, is once again getting bailed out by other countries like Saudi Arabia. The Pakistan PM thanked Saudi Arabia for their support but at the same time, mentioned that it is not a solution as the loans would have to be returnedClick here to read…

Oil dips, but hovers near 2023 highs on China demand optimism – Dawn

Oil prices dipped in early Asian trade on Monday, but held close to the highest levels since the start of the year on optimism that China’s reopening will lift fuel demand at the world’s top crude importer. Brent crude fell 36 cents, or 0.4 per cent, to $84.92 a barrel by 0116 GMT while US West Texas Intermediate crude was at $79.65 a barrel, down 21 cents, or 0.3pc amid thin trade during a US public holiday. Click here to read…

Sri Lanka
HC Moragoda meets Gujarat State Governor, Chief Minister – Daily News

The High Commissioner congratulated the Chief Minister on his resounding victory at the recently concluded assembly elections in Gujarat. The discussion focused on the interactions between the State of Gujarat and Sri Lanka in multiple spheres and particularly in the tourism sector. Click here to read…

Sri Lanka to cut army by half after financial crisis – Deccan Herald

Bankrupt Sri Lanka will drastically slash its military, the defence ministry said Friday, as the government works to overhaul its shambolic finances after an unprecedented economicClick here to read…

We are discussing problems of Tamil people, says Sri Lankan President on Pongal festival – The Print

Sri Lankan President Ranil Wickremesinghe on Sunday said his government is discussing problems of the North and the Tamil people, in a step towards reconciling the island nation that has suffered three decades of war and insurgency. Click here to read…