h5>Afghanistan

NRC Chief Urges West to Engage with Islamic Emirate: Tolo News

Jan Egeland, head of Norwegian Refugee Council, NRC, urged the West to engage with the Islamic Emirate. Egeland made the remarks in a special interview with TOLOnews. He pointed out to the recent decision of the Islamic Emirate regarding the ban on women from going to schools, universities and work, saying that such decision would affect Kabul relations with the international community.”I am sure we will find a solution. We found the solution in the past. We never left Afghanistan. The western forces did, the western diplomats did. I am also asking the western diplomats to engage more with the Taliban but again I don’t think it is gonna be in Doha then because what is said in Doha, is not what decided in Kabul and Kandahar,” Egeland said. Click here to read…

Delivering Humanitarian Aid in Afghanistan to Continue: UN: The Khaama Press

The United Nations and its humanitarian partners are committed to the delivery of life-saving services to the people of Afghanistan during these difficult times, a UN envoy for Afghanistan said on Thursday. In a media briefing, in New York, on Thursday, Ramiz Alakbarov, the UN resident and humanitarian coordinator for Afghanistan said, despite the Taliban-run administration’s decision to ban women from working in non-governmental organizations, the UN and its partners will deliver the much-needed humanitarian aid to the people of Afghanistan during these tough times. Click here to read…

Bangladesh

Bangladesh is an important country in South Asia: new Chinese envoy – New Age

Newly appointed ambassador of China to Bangladesh Yao Wen has described Bangladesh as the ‘Pearl of the Bay of Bengal, an important country in South Asia and a rapidly emerging economy’. ‘Bangladesh is playing an irreplaceable role in regional and international affairs,’ said the ambassador who arrived in Dhaka on Wednesday evening to serve as the 16th ambassador of China to BangladeshClick here to read…

Bangladesh bars Russian vessel under US sanction from entering its territory – New Age

A Russian ship carrying a consignment for Rooppur Nuclear Power Plant Project has been barred from entering Bangladeshi territory due to the sanctions of the United States on it. The incident surfaced at a time when the US and Russia were apparently engaged in a debate over the political developments in Bangladesh. Click here to read…

When will border killings stop? – Dhaka Tribune

There is no questioning the deep ties and friendship India and Bangladesh share, and have always shared, since our inception as a nation. There is no denying that India’s assistance during our Liberation War was the catalyst that helped us become a free nation. However, despite ties between the two countries remaining as strong as ever, it is disheartening to see just the alarming regularity with which we hear news of some Bangladeshi being shot at along the border. Click here to read…

Bhutan

Ramp up the surveillance systems – Kuensel Online

In the face of rising Covid-19 cases in the region, the Ministry of Health has advised the government and the public to step up safety measures. This is an important warning. We have gone through some difficult times. Lockdown is never a convenient measure, as we have experienced. Click here to read…

Maldives

Maldives taking precautions after threat to Indian High Commission: MEA

The government of Maldives has taken “swift action” after an Opposition leader called for an arson attack on the Indian High Commission in Male, the External Affairs Ministry said on Thursday. Click here to read…

Maldives President In Sri Lanka On Private Visit

Prior to his departure the President kicked off his campaign for the upcoming presidential primary of the Maldivian Democratic Party (MDP). He even met with the press after a long hiatus and answered numerous questions. Both President Solih and MDP leader and Parliament Speaker Mohamed Nasheed are running in the primary. The election is believed to be causing even deeper divisions within the party. Click here to read…

Myanmar

UNICEF Myanmar Humanitarian Situation Report No. 11, December 2022 – Relief Web

The number of people displaced nationally, including those in protracted situations, has continued to rise, exceeding 1.5 million as of 26 December 2022. UNICEF reached over 2.7 million children aged 6–59 months with support to the vitamin A supplementation campaign. Click here to read…

Myanmar junta supporters protest outside US and UK embassies – Mizzima

Supporters of the Myanmar junta held protests against the United States’ (US) ratification of the National Defense Authorization Act (NDAA) outside the Yangon US embassy on University Avenue and the UK embassy on Strand Road. The 2022 Burma Act was part of the 2023 NDAA that was ratified into law by US President Biden on 23 December 2022. Click here to read…

Nepal

UML Chair Oli holding talks with Madhav Nepal – Khabarhub

In a bid to narrow down differences, CPN-UML Chairman KP Oli and Unified Socialist Chairman Madhav Nepal are holding a meeting on Friday. However, the time and place have not been decided yet. According to sources, the two leaders are meeting on Friday where they would discuss power-sharing and party unity. Click here to read…

Excited to work with new government in Nepal: India – The Hindu

India is “excited” about working with the new government in Nepal, Ministry of External Affairs (MEA) spokesperson Arindam Bagchi said on Thursday. “Our PM congratulated Pushpa Kamal Dahal. The Nepalese PM also responded and said he wants friendly relations. He talked about natural affinity. Both our countries have unique bilateral relations. We hope to work together with the new government of Nepal. We are excited to work with the new government,” Mr. Bagchi said. Click here to read…

US funds for Tibetans in India, Nepal – Tribune India

The US budget-2023, passed by the Congress last week, has a provision of USD 11 million for the Tibetan Government-in-Exile and Tibetan communities living in India and Nepal. The budget has made available “not less than $8,000,000” for programmes to promote and preserve Tibetan culture and language for Tibetan communities residing in India and Nepal and “not less than $3,000,000” for programmes to strengthen the capacity of the Central Tibetan Administration (CTA). Click here to read…

Chinese reactions to Nepal’s election result – ORF Online

Despite the “communist victory” in Nepal, there seem to be some apprehensions within Chinese strategic circles about the stability of this new coalition government. Either due to the havoc wreaked by the ongoing COVID crisis or confounded by the complexity of Nepali politics, the Chinese reaction to Nepal’s election results, as evident from the debates and discussions in the Chinese internet circles, has been rather muted. Click here to read…

Nepal expresses satisfaction over SJVN hydro projects – Devdiscourse

Matters related to the development of hydropower in Nepal were also deliberated in the meeting, the statement.SJVN said its CMD is on an official visit to Nepal to review the execution of 900 MW Arun-3, 669 MW Lower Arun 490 MW Arun-4 hydro projects.The CMD also briefed the Deputy Prime Minister about the measures taken by his company to mitigate the impact of the global pandemic on the construction activities of the Arun-3 Project. Click here to read…

Pakistan

Presidential ordinance likely to bring mini-budget: The Express Tribune

Sources in the Ministry of Finance told The Express Tribune that it has been decided, in principle, to impose 1% to 3% import duties to raise around Rs60 billion in additional revenues. However, these duties might be imposed as a levy, which would keep the money outside the federal divisible pool and would not be distributed under the National Finance Commission Award. Due to its non-tax nature, the levy would also not be counted as part of the Federal Board of Revenue collection.
Click here to read…

Geneva moot to take up plight of flood-hit people: The Express Tribune

The prime minister expressed these views as he chaired a review meeting on the Resilient Pakistan Conference to be held in Geneva next month.
The premier said hundreds of lives and billions of dollars had been lost this year due to flash floods in Pakistan. He vowed to make every possible effort to accommodate the flood-struck population. Click here to read…

National Security Committee meets today: The News

Prime Minister Shehbaz Sharif has summoned a meeting of the National Security Committee (NSC) on Friday (today) to discuss the security matters.The NSC meeting has been convened at the PM House, which would be attended by the defence minister, interior minister, foreign minister and finance minister as well as military chiefs, local media reported quoting sources. Click here to read…

Rising inflation, gas shortage, snap polls: PTI holds countrywide protest from today: The News

The Pakistan Tehreek-e-Insaf (PTI) announced Thursday it would start a country-wide protest movement starting tomorrow (Friday) as the party seeks to force the coalition government into early elections. The PTI has been repeatedly calling for snap elections since ex-prime minister Imran Khan’s ouster in April as it refuses to go back to the National Assembly and keeps on stressing that “early polls” are the only solution to the country’s ongoing crisis, reported local media. But the government has ruled out staging early polls and has told the PTI that given the current situation — floods, census, and new delimitation — the elections cannot be held before October. Click here to read…

Sri Lanka

IS member connected with Sri Lanka Easter bomber held for links with Coimbatore blast suspects: NIA – Hindustan Times

The National Investigation Agency (NIA) on Wednesday arrested a member of terrorist organisation Islamic State (IS) who was in touch with the mastermind of 2019 Easter Day bombings in Sri Lanka, for his alleged links with suspects in the October 23 blast in Tamil Nadu’s CoimbatoreClick here to read…

Bankrupt Sri Lanka enters New Year with no clarity on bailout – Strait Times

Sri Lanka will hobble into 2023 with old problems it had hoped not to carry over into the New Year. The bankrupt country is nearing its deadline of end-December to get the bilateral approvals necessary for a bailout from the International Monetary Fund (IMF), with little good news. Click here to read…

Let’s unpack the query in ‘Tamil National Question’ – Daily Mirror

President Ranil Wickremesinghe has called all parties to get together and solve what he calls the ‘ethnic-problem’ that has remained ‘unresolved’ for decades. Meanwhile, parties that claim to represent ‘Tamil interests’ have put forward a set of demands: a) stop ‘land grabs in the Northern and Eastern Provinces by armed forces the state institutions while releasing all lands so acquired earlier by them in those two provinces, b) hold provincial council elections forthwith after implementing all provisions in the Constitutions and other laws in respect of power devolution, and c) implement power devolution under a federal framework through a new Constitution are the three demands. Click here to read…

Afghanistan

UN Official Urges Islamic Emirate to Lift Ban on Female Staff at NGOs: Tolo News

The UN deputy humanitarian coordinator in Afghanistan, Fran Equiza, in a meeting with Acting Minister of Public Health Qalandar Ibad called for “the Taliban ban on women working for NGOs and international NGOs to be lifted in its entirety.” “The ban will impact millions of the most vulnerable Afghans,” the UN official said. Meanwhile, the Foreign Ministers of Saudi Arabia and Pakistan in a phone call reaffirmed the importance of guaranteeing women’s rights and their full and equal participation in all aspects of life, a statement of the Pakistan Foreign Ministry said.
Click here to read…

Pakistan faces disappointment on bilateral deals with the new regime in Afghanistan: The Khaama Press

Recent events on the Afghanistan-Pakistan border make it clear that Pakistan’s decades old Afghanistan policy has failed. On 11 December 2022, Taliban forces in Afghanistan shelled a town just across the border in Pakistan, killing seven Pakistani civilians. Pakistan retaliated, killing one Taliban fighter and injuring ten Afghans. Prime Minister Shehbaz Sharif condemned the “unprovoked shelling” by Afghan forces. On 15 December, the two sides exchanged artillery fire across the border, killing at least one Pakistani civilian and wounding 15 others. Both countries are today on the verge of war! These developments signal a turn in ties between Pakistan and Afghanistan and signals Pakistan’s loss of control over the Afghan Taliban, which is today a government in power. Click here to read…

Bangladesh

PM Hasina: Metro rail a unique milestone for Dhaka – Dhaka Tribune

After completing the giant Padma Bridge and the Bangabandhu tunnel this year, the government will now inaugurate a part of Bangladesh’s first-ever elevated metro rail on Wednesday as another feather in its cap. The Awami League has taken detailed preparations to make this historic moment memorable with the presence of a vast crowd along the streets from Diabari to Agargaon.Click here to read…

Minister: Delhi has assured Dhaka of smooth supply of essentials – Dhaka Tribune

Commerce Minister Tipu Munshi on Tuesday said that India has assured Bangladesh of uninterrupted supply of essential goods round the year as New Delhi is setting an annual quota of exports to its immediate neighbor. The quota will be set up after reviewing export data of India’s essential commodities to Bangladesh in recent years, he said in a press briefing on his recent India tour at his ministry. He said Bangladesh imports rice, wheat, onion, garlic, ginger, pulse and many other essential items from India. Sometimes India suspends export of those goods, but this time India has assured that the supply will remain uninterrupted, he said. Click here to read…

HCA signed, €609 million in loans approved by France’s AFP for Bangladesh – Dhaka Tribune

In 2022, Agence Française de Développement (AFD) and the Economic Relations Division (ERD) of the government of Bangladesh signed a host country agreement for the establishment of AFD activities in Bangladesh, a successful outcome of years of negotiations between the French and Bangladesh governments. This was a crucial step which came after 10 years of operation and over 20 projects financed in the country, said a media release on Tuesday. Click here to read…

Bhutan

NC elections in early 2023 – Kuensel online

The Election Commission of Bhutan (ECB) has notified that the National Council (NC) elections for the fourth Parliament will be conducted in early 2023. The tenure of the current National Council members end on May 9, next year. The ECB also said that the familiarisation tour of the political parties and candidates would be allowed only until January 31, 2023. All political parties and candidates who are on their familiarisation tour must comply with this announcement. Click here to read…

Credit growth improves by 9.2 percent – Kuensel Online

With the re-opening of the economy, the total credit growth of financial institutions (FIs) saw an increase by 9.2 percent as of September this year from the same month last year, the Royal Monetary Authority figures show. The total loan disbursement from FIs to customers amounted to Nu 191.96 billion (B) as of September this year. It saw an increase of Nu 16.17B from September last year. Click here to read…

Nu 108.7M forgone from duty-free entitlement tax – Kuensel Online

The government last year forswore Nu 108.7M from the taxes from the duty-free entitlement, according to the Ministry of Finance (MoF). From next year, the duty-free quota privilege will be given only to diplomats governed by the international laws, conventions and covenants ratified by the parliament of Bhutan and International employees governed by the Bilateral and multilateral agreement signed by the government of Bhutan. Click here to read…

Maldives

Rail Vikas Nigam shares jump 5% on bagging Rs 1,545 crore contract in Maldives – Business Today

Shares of Rail Vikas Nigam (RVNL) surged 4.96 per cent in Wednesday’s trade after receiving an appointment letter as project implementation agency for the UTF Harbor project in Maldives. The order for this strategic project was placed by Ministry of External Affairs (MEA). The project cost stood at Rs 1,544.60 crore and it has to be completed within 24 months. Click here to read…

Team from India studies technical specifications for India-Maldives power transmission grid – Live Mint

The union power ministry on Tuesday said that a technical team from India has visited Maldives to study the technical specifications for interconnection of a power transmission grid between the two countries. Click here to read…

Myanmar

Political turmoil in Afghanistan, Myanmar impacting Indian projects – Business Standard

India-backed projects have suffered setbacks in Afghanistan and faced numerous challenges in Myanmar due to the current political and security situations in these countries, the Ministry of External Affairs has informed a parliamentary panel. Click here to read…

China-aided national theatre renovation project handed over to Myanmar – Xinhua

The China-aided renovation project of the National Theatre of Yangon was officially handed over to the Myanmar government here on Tuesday. The renovation project, which was carried out with the assistance from China, began in August 2019 and was completed in November 2022. The upgrading work has made the theatre a modernized one of higher standards. Speaking at the handover ceremony, Chinese Ambassador to Myanmar Chen Hai said that the National Theatre of Yangon is the largest of its kind in Myanmar, whose construction was completed with the assistance from the Chinese government in 1990. Click here to read…

Nepal

India’s policy hurts power export prospects of Nepal – The Kathmandu Post

In a move that will make hydroelectricity generated by Indian projects cheaper than that produced by Nepal, India’s power ministry starting earlier this month removed the inter-state transmission charges for new Indian hydropower projects. The ministry on December 2 issued the order to waive Inter-State Transmission System (ISTS) charges on the transmission of electricity generated by new hydropower projects. The waiver is already available to solar and wind power projects. Click here to read…

President summons parliament session from January 9 – The Kathmandu Post

President Bidya Devi Bhandari has called for the session of the Federal Parliament on January 9. The session has been called at 1:00 pm according to Article 93 (1) of the constitution, informed Office of the President on Tuesday. The meeting of the House of Representatives and the National Assembly is going to be held for the first time after the November 20 polls. There are 12 lawmakers from different political parties while four are independent. Click here to read…

China nudges Nepal to expedite BRI projects as Prachanda becomes new PM – Business Standard

A day after Maoist party chief Pushpa Kamal Dahal aka Prachanda was appointed as Nepals new prime minister, China on Monday said that it looks forward to working with the new government to push projects under the ambitious Belt and Road Initiative (BRI). Congratulating Prachanda on his appointment, Mao Ning, the official spokesperson for the Chinese foreign ministry, has said that China wants to pursue projects under the Belt and Road cooperation. Click here to read…

Not Against India, Will Forget Old Disputes, Says Nepal PM Pushpa Kamal Dahal ‘Prachanda’ – ABP News Online

The newly appointed Prime Minister vowed to strengthen Nepal’s relations with India. “We want good relations with India,” he said. “I am not against India, will forget the old disputes and move forward,” said Prachanda. “According to the mandate given, the government has been formed in the country. The public wanted everyone to work together, and that’s why they formed the government together. Our government will complete its term. Work will be done according to the constitution,” said PM Prachanda while talking to senior news anchor Dibang. Click here to read…

Chinese arrive for rail feasibility study – The Kathmandu Post

A day after Prime Minister Pushpa Kamal Dahal’s assumption of office, a six-member Chinese technical team landed in Kathmandu on Tuesday to carry out a feasibility study of the Nepal-China cross-border railway. Dahal, the CPN (Maoist Centre) chairman, heads a coalition of two biggest leftist parties and others. The China Railway First Survey and Design Institute Group will carry out the feasibility study via a Chinese government grant. Click here to read…

Pakistan

No other option but to implement IMF deal: PM: The Express Tribune

He said the coalition government never wanted to transfer the burden of price hikes. In the past, the PTI government blatantly breached the agreement with the International Monetary Fund (IMF). Meanwhile, the prime minister said that they had devised a plan to immediately convert all the federal government entities’ buildings to solar power by April next year in order to slash a huge chunk out of the country’s costly fuel import bill hovering around $27 billion. Click here to read…

Road, railway connectivity with CARs discussed: The Express Tribune

Prime Minister Shehbaz Sharif on Tuesday said road and railway connectivity projects between Pakistan and Central Asian states will not only bring the trade communities together, but also usher in a new era of peace and prosperity in the region.The premier said this during a meeting with a high-level delegation from Uzbekistan led by Deputy Prime Minister and Minister for Investment and Foreign Trade Khodjaev Jamshid Abdukhakimovich in Islamabad. Click here to read…

Gold outshines market, gives over 40pc return in 2022: report: The News

Gold was the top-performing asset class in 2022 with a return of more than 40 percent, followed by one-year dollar-denominated Naya Pakistan Certificate (NPC), and the US currency, a local brokerage report stated on Tuesday. The NPC remained on second with a return of up to 36 percent and the holders of the US dollar in cash were listed on third with 28 percent return. Topline Securities presented the report on asset classes that were widely followed by local investors and savers in 2022. “These asset classes provided better returns compared to estimated average consumer price index inflation of 20 percent in outgoing calendar year 2022,” the brokerage said in a client note. Click here to read…

Sri Lanka

Not the correct time for LG polls: PUNP – Daily News

Patriotic United National Party (PUNP) General Secretary Sugath Hewapathirana stated that it is inappropriate to hold a Local Government election now as the economic situation in the country is not stable yet. He said that it is inappropriate to spend Rs.10 billion for an election at this time. He said that it is not appropriate to spend such a large amount of money to hold an election, leaving aside the sufferings of the entire country, who have been greatly affected by the severe economic downturn that the country has faced. He also said that this will give the people an opportunity to recognize who are the political parties and leaders who are working for their own greedy goals by urging for an election setting aside the hardships faced by the people. Click here to read…

Can Sri Lanka drive itself from bankruptcy to prosperity in 2023? DailyFT

Converting the bankrupt nation to solvency will be a challenging task for Sri Lanka in 2023. If this is not done quickly, the goal of making Sri Lanka a rich country by 2048 will be an elusive one…Click here to read…

Increase in requests for dual citizenship in Sri Lanka – Adaderana

Requests have reportedly been made by 5,401 individuals to the Department of Immigration and Emigration for obtaining dual citizenship in the year 2021. The Department of Immigration and Emigration pointed out that the majority of them are residents of Australia, which is numerically 1,621 individuals. Meanwhile, dual citizenship requests have been made by 885 individuals from the United Kingdom, 795 from the United States, 371 from Canada and several others from countries such as Italy, Switzerland, Sweden, New Zealand, France and Denmark. Click here to read…

Afghanistan

Deputy Minister Reiterates Commitment to Fight Drugs: Tolo News

The deputy minister of counter-narcotics, Abdulhaq Akundzada, said the commitment to fight drugs and said alcoholic beverages, as well as a number of illicit drugs, are brought to Afghanistan from Iran, Pakistan and Central Asia. Akhundzada asked the countries to prevent the trafficking of drugs to Afghanistan. “If the narcotics are being trafficked to Iran, Pakistan and Central Asian countries or anywhere else, we will prevent it. We have arrested many of them. Click here to read…

Taliban (IEA) Bans Two Female Training Centers in Kabul & Hera: The Khaama Press

Authorities of the Islamic Emirate of Afghanistan closed two educational centers in Kabul and Herat accommodating more than 1200 female students.Roya Mahboob, the Founder of the Afghan Girls Robotic Team tweeted on Monday that the Taliban authorities forcibly shut the education centers in Herat and Kabul. More than a thousand female students were taking pieces training in business, Robotics, coding, and Information Communications Technology. Click here to read…

Bangladesh

Senior ministers sound alarm over foreign interference – Dhaka Tribune

Momen said that other countries do not need to give prescriptions to Bangladesh on democracy and human rights, as both are deeply rooted in Bangladesh’s DNA. He said the current government is committed to holding free, fair, transparent, and inclusive elections under the independent Election Commission. The foreign minister also said Bangladesh welcomes constructive suggestions from foreign friends. Click here to read…

Mongla port upgrade: Tk 6,014 crore deal inked with Indian firm – Daily Star

The Mongla Port Authority (MPA) and Egis India today signed the related agreement for the “Upgradation of Mongla port” project, at the Radisson Blu Dhaka Water Garden in the capital. Rear Admiral Mohammad Musa, chairman of the MPA, and Laurent Germain, chief executive officer of Egis India, signed the agreement on behalf of their respective parties.
Of the estimated Tk 6,014 crore project, the government will finance Tk 1,555 crore from its own coffer while India will provide Tk 4,459 crore as assistance under its third line of credit. The project is scheduled to be complete by July 30, 2024. Click here to read…

Bangladesh, ADB ink deals worth $627mn for development, climate projects – Business Standard

The ADB said it will provide about $278 million in loan for the Third Public-Private Infrastructure Development Facility– Tranche 2, and $100 million for the Greater Dhaka Sustainable Urban Transport Project (BRT-Gazipur). Meanwhile, the bank will also give about $246 million in loan for the Coastal Towns Climate Resilience Project and a grant of $4 million for the Coastal Towns Climate Resilience ProjectClick here to read…

Bhutan

Hydropower revenue to drop by 4 percent – Kuensel online

The overall hydropower generation of Druk Green Power Corporation’s (DGPC) power plants for the year was forecast to be around 6,914 Gigawatt hours (GWh) with expected revenue of Nu 11.51 billion (B). This, according to the DGPC, would be a decrease of about 4 percent or Nu 497.54 million (M) from last year. In 2021, the country generated Nu 12B from electricity. As of November this year, the DGPC’s power plants generated 6,919.12GWh of electricity, less by 34.68GWh compared to the same month last year. The country generated 6,953.8GWh of electricity as of the same month last year. Click here to read…

Maldives

Cambodia eyes rice sales to Maldives – Phnompenh Post

Cambodia plans to begin the formal export of milled rice to the archipelago nation of Maldives, a month after its Phka Rumduol jasmine variety was crowned as the “World’s Best Rice” for a fifth time, as part of a campaign to raise the profile of the local grain on the regional and international stages. At a ceremony marking the beginning of work to revamp the 95.27km National Road 41 on the morning of December 26, Prime Minister Hun Sen revealed that he would visit the Maldives next month to discuss milled-rice sales as well as stepping up tourism ties. Click here to read…

Myanmar

Myanmar court to deliver final verdicts this week in Suu Kyi trials – Reuters

A court in military-ruled Myanmar will deliver its final verdicts in cases against deposed leader Aung San Suu Kyi on Friday, said a source familiar her trials, wrapping up marathon proceedings that have been condemned in the West as a sham. Suu Kyi, 77, was arrested when the military seized power on Feb. 1 last year in a coup that ended a decade of tentative democracy and plunged the country into chaos. Click here to read…

Myanmar Junta’s Worst Massacres of 2022 – The Irrawaddy

Myanmar’s regime has stepped up atrocities during 2022, including arbitrary killings and the torturing of civilians, burning people alive and using civilians as human shields. Arson attacks, the looting of homes, shelling and airstrikes on residential areas and sexual violence have also increased this year. Click here to read…

Manipur to beef up security along Myanmar border: CM Biren Singh – Dajji World

The Manipur government would strengthen the security in the state’s border areas along with Myanmar by setting up more outposts to curb illegal peddling of drugs, exotic wildlife, various contraband besides cross-border crimes, Chief Minister N. Biren Singh said on Monday. Click here to read…

Nepal

Prime minister settled, all eyes on President and Speaker race – The Kathmandu Post

With the CPN (Maoist Centre) chairman Pushpa Kamal Dahal becoming prime minister with the backing of the second largest party, the CPN-UML, the latter is set to get two other major positions—the President and the Speaker. After Dahal decided to join the UML camp following Congress President Sher Bahadur Deuba’s refusal to allow him to lead the government for the first half of the next five-year term, the new coalition of seven parties will now distribute among themselves 35 constitutional positions including the President, Vice-President, Speaker, Deputy Speaker, National Assembly chair and vice-chair, chief ministers, speakers, deputy speakers and provincial chiefs of seven provinces. Click here to read…

Explained: How Prachanda Outsmarted Sher Bahadur Deuba To Be Nepal’s PM, What It Means For India? – Outlook

The surprise development of Prachanda becoming the Nepal’s Prime Minister may not bode well for India-Nepal ties as he and Oli have had some run-ins with New Delhi previously over territorial issues. Prachanda is seen as pro-China. He has in the past said a new understanding with India needed to be developed on the basis of a “changed scenario” in Nepal and after addressing all outstanding issues, like revision of the 1950 Friendship Treaty and resolving Kalapani and Susta border disputes. Click here to read…

A parlous path ahead for Rabi Lamichhane – The Kathmandu Post

Rastriya Swatantra Party president Rabi Lamichhane took the oath of office and secrecy as Deputy Prime Minister and Home Minister at the Sheetal Niwas on Monday—a remarkable turn of events for a person who was running a TV show until six months ago. The Rastriya Swatantra Party—which Lamichhane formed after resigning from his TV job in June just five months prior to the November 20 elections—emerged as the fourth-largest force in the House of Representatives (HoR) in its first-ever elections. The party won 20 federal seats. Its head has now bagged a coveted ministry, becoming one of the country’s most influential leaders. Click here to read…

Finance minister inherits a troubled economy again – The Kathmandu Post

Amid rumours that Bishnu Poudel is becoming the new finance minister, the share market began to make upward moves from Monday morning. As the market closed, the Nepal Stock Exchange (Nepse) index rose by 56.88 points, appearing to welcome Poudel’s appointment as Deputy Prime Minister and Finance Minister in the new Pushpa Kamal Dahal-led government. Click here to read…

Pakistan

Shehbaz renews pledge to crush terrorism menace: Dawn

As the country reels from multiple incidents of terrorism, claimed by the outlawed Tehreek-i-Taliban Pakistan (TTP) over the past few days, Prime Minister Shehbaz Sharif on Monday vowed to eradicate militants across the country amid criticism by his predecessor Imran Khan, who grilled the government over a steep rise in militancy during its eight-month stint.
Addressing a gathering in Dera Ismail Khan, PM Shehbaz said that with the help of provincial governments and security forces, the government will eliminate terrorism in all its forms. Click here to read…

Rs2.2 trillion spent on interest and defence: The Express Tribune

Sources in the Ministry of Finance told The ExpressTribune that during July-November period of the current fiscal year, there was an alarming increase of 83% in the interest cost on the Rs50 trillion federal government debt stock. The Ministry of Finance paid nearly Rs1.7 trillion in the interest cost, up by Rs763 billion or 83%, according to the sources. Similarly, excluding military pensions and expenses on the armed forces development programme, Rs517 billion was spent on defence in five months. It was Rs112 billion or nearly 28% more than the previous fiscal year, according to the sources. Click here to read…

Security advisory: Saudi Arabia, Australia ask citizens in Pakistan to limit movement: The News

In the wake of recent terror incidents in the country, the Saudi embassy has issued a security alert for its citizens in Pakistan, advising them to remain careful and limit their movement. Click here to read…

Sri Lanka

Sri Lanka PM urges new envoys to promote foreign investment, exports, tourism – Colombo Page

Sri Lanka Prime Minister Dinesh Gunawardena meeting with a group of new envoys on Monday noted that the economic diplomacy rather than traditional diplomacy has gained priority in the world and emphasized the importance of innovative diplomacy that promotes investment attraction, exports and tourism. Newly appointed Ambassadors and High Commissioners to 16 countries participated in a special discussion held with the Prime Minister at Temple Trees. Click here to read…

We face the repercussion of handing over the country to politicians: Prelate – Daily Mirror

What we are experiencing now is the consequence of handing over everything in the country to politicians, the Chairman of the National Movement for the Protection of the Nation Ven. Elle Gunawansa Thera said. “We have never heard of an era where the people of our country are suffering as much as they do these days,” he lamented. “Now I am hearing several opinions being discussed about the issues in the Northern and Eastern Provinces of the country. “The Government should not do that. It will be creating more national problems at a time when people are worried over their next meals,” he said. Click here to read…

Distribution of dry rations at Abhayagiriya – Daily Mirror

Arrangements have been made to distribute 50,000 parcels of dry rations among needy families by the China Buddhist Association and Fa-Xien Charity Trust with the participation of Speaker Mahinda Yapa Abeywardena and Acting Chinese Ambassador Hu Wei in the presence of Atamasthanadhipathi Ven Pallegama Hemaratana, Chief Incumbent Abhayagiriya Temple Ven Dr Kallanchiye Ratanasiri on Tuesday (27) at 1.30 pm at the Abhayagiriya premises in Anuradhapura. The event is organized by the Chinese Embassy in Sri Lanka and the China Sri Lanka Buddhist Friendship Association. Click here to read…

Afghanistan

Islamic Emirate’s Ban on Women’s Jobs Faces Widespread Reactions: Tolo News

The Ministry of Economy in a statement on Saturday ordered all national and international non-government organizations to suspend their female staff members until the next announcement. The announcement of the Islamic Emirate faced widespread reactions at national and international levels. US Secretary of State Antony Blinken in a tweet expressed deep concerns about the Islamic Emirate decision’s ban on women’s jobs and said “this decision could be devastating for the Afghan people, women are central to humanitarian operations around the world.” Click here to read…

TTP Threat, Rings Alarm for Pakistan: The Khaama Presss

With the return of the Taliban to Afghanistan in August 2021, the dynamic of TTP operations has changed in Pakistani tribal areas and other major cities to a great extent. Afghan Taliban, TTP’s ideological twin brother’s success in neighboring Afghanistan gave them extra momentum and energy to expand their operations across Pakistan. Since the beginning of the year, the TTP has conducted hundreds of attacks mostly targeting police and army headquarters in Khyber Pakhtunkhwa region, and Quetta Balochistan in Particular. Click here to read…

Bangladesh

Sheikh Hasina re-elected as AL president, Quader as general secretary – Dhaka Tribune

The ruling Awami League announced its new central committee with minor changes at its 22nd National Council on Saturday afternoon. Prime Minister Sheikh Hasina was re-elected as party president for the 10th time, while Road Transport and Bridges Minister Obaidul Quader was elected general secretary for a hattrick of terms. Click here to read…

AL rank and file confused who’s top joint GS – Daily Star

Among the ruling Awami League rank and file, confusion reigned about who actually tops the list of joint general secretaries. The official website of AL uploaded the names of leaders of the full-fledged committee around 10:30pm on Saturday, putting Hasan as the number one joint general secretary. However, an hour later, the list was pulled down from the website. Only the names of Sheikh Hasina and Obaidul Quader remained there. This created a confusion among the party rank and file. Click here to read…

More exchanges between Bangladesh, China media emphasized – New Age

Bangladesh’s relations with China, one of the major development and trading partners of the country, are growing with each passing day, speakers said at a function. Enhanced contacts and exchange between the media of the two countries are needed as the media can play an important role in strengthening cultural and economic ties, they said. Click here to read…

Bhutan

Growing import a growing concern – Kuensel online

It took less than a month for the unemployed guide to switch his career. Within three months he has become a licensed importer and his trial business of importing instant noodles and coffee, seaweed, and ready-to-eat meals is doing well. The guide is among the many in the import business, also called as “container business,” making quick money – bringing in goods ranging from instant noodles to furniture and furnishings from as far as China, South Korea, and Indonesia. There is money in the import business. However, it is leaving a huge impact on the country. Click here to read…

Former Bhutan king warned India about China: R&AW ex-chief A.S. Dulat -The Hindu

Bhutan’s then king Jigme Singye Wangchuck warned India of pressures from China in 1999, writes former R&AW chief A.S. Dulat in his latest book. Mr. Dulat says the former King’s words were “prophetic” about India-China tensions in Doklam in 2017 and the build-up of infrastructure by China that has followed. He also says that New Delhi’s “muscular policy” on a range of issues, including the situation in Kashmir, and tough foreign policy in the neighbourhood led to “failures”. Click here to read…

Maldives

Maldives former president Yameen gets 11-year jail term – Business Recorder

The Maldives criminal court on Sunday sentenced former president Abdulla Yameen to 11 years in prison and fined him $5 million after finding him guilty of corruption and money laundering charges related to receiving kickbacks from a private company. Yameen has denied any wrongdoing. He lost power in 2018 but has been declared presidential candidate for the Progressive Party of the Maldives for an election due in 2023. Click here to read…

Maldives leader held for threatening attack on Indian Mission – Tribune India

Abbas Adil Riza who, in a tweet, had encouraged an arson attack on the Indian High Commission in Male. The arrest came on a day when his party colleague and former Maldives President Abdulla Yameen was sentenced to 11 years in prison by a court for corruption. The developments come ahead of the presidential elections in Maldives next year. Pro- China Yameen has in the past few days made several anti-India remarks. Click here to read…

Myanmar

China-funded mobile clinic provides healthcare services in Kyaukphyu of Myanmar – Xinhua

The China-funded Kyaukphyu Anargat (Future) Mobile Clinic project in western Myanmar’s Rakhine state entered its final stage in late December, already providing free healthcare service to over 1,500 villagers. U Kyaw Win, 54, from Kyaukphyu Township’s Shauk Chaung Village, is one of the hundreds of villagers who benefited from free healthcare and medicines from the mobile clinic. Click here to read…

New Sittwe port for Indo-Myanmar direct trade will open for Indo-Myanmar trade – Mizzima

The Military Council-appointed Rakhine State government Chief Minister Dr Aung Kyaw Min said in his opening address on the 48th Rakhine State Day that one of the Indo-Myanmar friendship projects, the Sittwe port, would be opened soon for direct trade between India and Myanmar. This Kaladan multi-modal transit transport (KMTT) project would be beneficial not only for Myanmar but also for Rakhine State development, he said. Click here to read…

Myanmar junta says UN resolution aimed at destabilizing country – LaPrensalatina

Myanmar’s military junta has rejected the resolution passed by the United Nations Security Council on Wednesday demanding an immediate end to violence and release of all political prisoners, accusing the global body of trying to “destabilize” the country. Myanmar’s foreign ministry said in a statement late on Friday that the resolution – approved on Wednesday with 12 votes in favor and three abstentions (China, Russia and India) – includes “several intrusive elements on Myanmar’s internal affairs that contravene the principles and purposesof the United Nations.” Click here to read…

Nepal

Dahal becomes prime minister again, Oli the new kingmaker – The Kathmandu Post

Sher Bahadur Deuba, a veteran of manoeuvring hung parliaments to his advantage, got outfoxed on Sunday afternoon by his bete noire, KP Sharma Oli. Not only did Oli succeed in getting Pushpa Kamal Dahal anointed as the prime minister, a move which weaned Dahal away from the Congress-led alliance, he also now gets to have his own candidate for the head of the state and the Speaker of the House of Representatives along with plum ministries and a majority of the provincial chief ministers. Until Sunday afternoon, a Nepali Congress-led coalition led by Deuba was the favourite to form the next federal government. The Oli masterstroke means that he will now get to pull the strings of power. Click here to read…

Indian Workers Attacked Along Nepal Border In Uttarakhand; Defence Minister Intervenes – Republic World

In Dharchula, a safety wall is being created along the Kali river that flows between India and Nepal. It has been learned that some elements are against the construction of the wall and are furiously throwing stones in order to stop the work at the location. Calling Nepal a friend, Union Defence Minister Rajnath Singh called for negotiations with the neighbouring country saying, “Nepal is our friend, if there is any dispute, we will solve it together.” Also, Indian officials will be taking up the matter with their Nepalese counterparts if such incidents occur in the future. Click here to read…

Modi congratulates Prachanda on being elected Nepal’s PM – Economic Times

Prime Minister Narendra Modi congratulated Pushpa Kamal Dahal “Prachanda” on Sunday on being elected as the new leader of Nepal and said he looks forward to working with him to further strengthen the friendship between the two countries. Click here to read…

No respite for national economy with more instability in store – The Kathmandu Post

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has launched a ‘Save the Economy’ campaign in the face of worsening economic indicators. Although the indicators of the external sector have improved due to the strict import control measures, industrialists complain of a sharp decline in demand for goods and services, which has forced them to cut down on the operations of their businesses and factories.https://kathmandupost.com/money/2022/12/26/no-respite-for-national-economy-with-more-instability-in-store” target=”_blank”>Click here to read…

Pakistan

Editorial: Troubles lurking around every corner: Dawn

In the outgoing year, the people came around to an unprecedented price growth amid the country’s consistently deteriorating balance of payments crisis exacerbated by devastating summer floods and ongoing political uncertainty.Next year we could see inflation entrenched further and the economy trek toward a deeper recession as the politically embattled coalition led by the PML-N struggles to revive its sour relationship with the International Monetary Fund for the resumption of its loan programme to overcome its dollar liquidity crisis. Click here to read…

US embassy restricts staff movement in Islamabad: The Express Tribune

A statement issued by the US Embassy in Islamabad said the US government staff prohibited from visiting the private hotel in the federal capital due to possible attack.The US government is aware of information that unidentified individuals are possibly plotting to attack Americans at the private hotel in Islamabad “sometime during the holidays”, the statement added. Click here to read…

Govt again advises Imran to return to NA: The Express Tribune

As PTI chief Imran Khan remains adamant about playing hardball to force early polls, the government has again advised the former prime minister to return to the National Assembly to put forth his demands and lead a “healthy opposition” against the ruling coalition for negotiations. Click here to read…

News analysis: Country needs vision to break through economic trap: The News

As finance minister Ishaq Dar publicly defied the IMF earlier this month and overlooked tough economic conditions across Pakistan, a wider crisis continued with no signs of abating any time soon. The minister is presiding over Pakistan’s fast worsening economic turmoil driven by stagnation, far above target inflation, a balance of payments crisis and widespread uncertainty to name matters proverbially at the tip of the iceberg. And his recent promise of returning the Rupee versus US Dollar exchange rate to below Rs200 to a Dollar is already lost. Click here to read…

Sri Lanka

Manic weather across the country – Daily Mirror

Heavy rain was experienced yesterday all over the country disrupting civilian life. The worst affected were the central hills that had been hit by floods and earth slips due to the torrential rains experienced from Saturday midnight (24) that continued unabated yesterday. The Police said the central hills had been shrouded with a thick mist and warned the drivers to be cautious of fog that prevented visibility. Click here to read…

President Ranil’s initiative to resolve Tamil national question – Daily Mirror

Tamil Progressive Alliance (TPA) leader and Colombo District MP, Mano Ganesan received a telephone call from Ranil Wickremesinghe on 19 July 2022. Recalling the telephone conversation, Mano Ganesan told me “Ranil spoke as if he had already been elected President. He told me of his intention to resolve the Tamil National Question. He also told me of his plans to address the socio -economic issues of the North-Eastern and Up Country Tamils. He also spoke about the economic upliftment of their areas. Ranil seemed very convincing then” Click here to read…

Chinese infrastructure projects in Sri Lanka may have contributed to the country’s crisis: Report – The Print

According to the report, “A port city that dominates Colombo’s seafront was built on a 269-hectare patch of land reclaimed from the sea. It was to become a thriving business and financial hub, but it is virtually deserted.” An international airport commissioned at Sri Lanka’s Mattala city almost a decade ago is called the “emptiest airport in the world.” Both these projects funded by China are seen as “white elephants” that have significantly contributed to Sri Lanka’s debt. Click here to read…

Afghanistan

Reactions Continue to Closure of Universities for Women: Tolo News

The closure of universities for women has faced continuous reactions within and outside the country. On Thursday morning, dozens of female students held a protest near the Kabul University in the west of Kabul, calling for women and girls’ access to education and work. The European Union in a statement called the decision another violation of international obligations and said it constitutes an institutionalized and systematic “discrimination against women and girls.” Click here to read…

Ukraine’s Zelensky Urges U.S. Congress for More Military Support: The Khaama Press

Ukrainian President Volodymyr Zelensky jetted to Washington, DC, for talks with his American counterpart President Joe Biden and top-ranking American authorities face-to-face for the first time since his country came under Russian invasion in February. President Volodymyr Zelensky told the U.S. Congress that aid to Ukraine was an investment in democracy and “not charity” as he invoked American battles against the Nazis in World War Two to press for more assistance for his country’s war effort. Click here to read…

Bangladesh

Shahriar, Sherman talk polls, security of US embassy personnel: Dhaka Tribune

US Deputy Secretary of State Wendy Sherman spoke on the phone with State Minister for Foreign Affairs of Bangladesh Shahriar Alam on Thursday. The two discussed strengthening US-Bangladesh relations, the importance of holding free and fair elections, and the safety and security of US embassy personnel, according to US State Department Spokesperson Ned Price. Foreign Minister AK Abdul Momen on Monday said there is nothing to worry about when it comes to the security of foreign diplomats stationed in Dhaka. Click here to read…

Bhutan

Export prices up by over 7 percent in the third quarter: Kuensel

The export prices of goods rose by 7.29 percent in the third quarter (July to September) this year compared to the figure in the same period last year, according to the National Statistics Bureau’s report released yesterday. This means, if the price of the exported goods was Nu 100 in the third quarter of last year, the exporters had sold it at Nu 107.29 in the same quarter this year. However, an increase in the export prices was outweighed by a higher increase in import prices. The import prices or inflation recorded an increase of 18.54 percent in the quarter. Click here to read…

Maldives

Tariff on fish exports will be eliminated within two months: Nasheed: Avas

Parliament Speaker and President of the main-ruling Maldivian Democratic Party (MDP) Mohamed Nasheed, has said the duty imposed on Maldivian fish products exported to the UK will be eliminated within the next two months.

Nasheed, who is currently abroad, made the announcement via a tweet on Wednesday night.
In his tweet, Nasheed said his close acquaintances in the UK government had assured that the duty on fish imported from the Maldives to the UK would be cut within the next two months at the latest. Click here to read…

Myanmar

Thailand hosts Myanmar junta figures in talks, key ASEAN nations skip: Reuters

Thailand hosted regional talks on Thursday to discuss the crisis in army-run Myanmar including rare international appearances by junta ministers, but several key members of the Association of Southeast Asian Nations did not attend despite invitations. Foreign ministers of Myanmar, Laos and Cambodia and Vietnam’s deputy foreign minister joined the talks hosted by Thailand’s foreign minister, according to Thai foreign ministry spokeswoman Kanchana Patarachoke. Click here to read…

Pakistan

Punjab governor de-notifies CM: The Express Tribune

A notification issued by the Governor House after midnight said that Chief Minister Elahi ceased to hold the office immediately while the provincial cabinet stood dissolved. However, it added that Elahi would continue under Article 133 of the Constitution until a new chief minister was elected by the provincial assembly. “I am satisfied that he [Chief Minister Elahi] does not command the confidence of the majority of the members of the Punjab Assembly and, therefore, ceases to hold his office with immediate effect,” the governor said in his order. “In consequence of the above, the provincial cabinet stands dissolved forthwith,” the order added. Click here to read…

Banned TTP is Pakistan’s red line, Bilawal tells Afghan Taliban: The News

Speaking to the media at the Pakistan Embassy in Washington, Bilawal Bhutto said: “We will not ignore if we find out that Taliban are not stopping the TTP.” Expressing his concern over the deteriorating law and order situation in the country due to rising TTP attacks from the Afghan soil, Bilawal said if the Taliban carry out operations against the extremists, Pakistan will provide help, if needed. He said that there was no new agreement on cooperation with the US for anti-terrorism. “We urge to release frozen funds for the Afghan people not for the Taliban. They [Taliban] promised with the US and the world to take action against the extremist groups,” said Bilawal. Click here to read…

Sri Lanka

Finance Minisry to hand over customs confiscated vehicles to police: Daily Mirror

Necessary arrangements have been made to hand over the vehicles confiscated by Sri Lanka Customs (SLC) to be used for raids by the Sri Lanka Police Department, including drug prevention, State Finance Minister Ranjith Siambalapitiya said. He said this while participating in an inspection visit on Monday (20) at the Hambantota port premises to monitor the relevant vehicles currently parked at the port. He mentioned that some vehicles confiscated due to illegal importation have been at the port for about seven years. Click here to read…

Afghanistan

Restrictions on Banking System an Obstacle for Investors: ACCI: Tolo News

The business community said that restrictions on the banking system in Afghanistan have challenged investors, leaving them with many problems in their businesses. According to the Afghanistan Chamber of Commerce and Investment (ACCI), withdrawals for investors have been restricted to the purchase of food and basic materials required for running their businesses. Withdrawals for decoration of offices, clothes, and other relevant materials are not processed, said ACCI officials. Click here to read…

Pakistan Delegation to Visit Afghanistan This Week: Tolo News

A delegation from Pakistan comprised of religious scholars and tribal elders is visiting Afghanistan this week, local officials in the Chaman area in Pakistan confirmed to TOLOnews. The visit is expected to discuss recent tensions raised between the Islamic Emirate and Pakistani forces along the Durand Line, according to some members of the delegation. “We are going to Afghanistan. Those in Afghanistan are our brothers. The same are the governor and other leaders. We talk to them because the (Spin Boldak-Chaman) crossing is closed often due to clashes,” said Sardar Barat, a member of the delegation.Click here to read…

UN Security Council Holds a Session on Afghanistan: The Khaama Press

The UN Security Council held a session on Afghanistan today emphasizing the way forward through a more pluralistic polity, where all Afghans, especially women and minorities, could see themselves represented. In a briefing to the United Nation’s Security Council earlier today, the Head of the United Nations Assistance Mission in Afghanistan (UNAMA) Roza Otunbayeva said the only war forward for Afghanistan is to form an inclusive government where everyone, particularly women and minorities could seem themselves represented. Click here to read…

Bangladesh

Dhaka for increasing capacity of land ports on India-Bangladesh border – Dhaka Tribune

Commerce Minister Tipu Munshi on Tuesday called for increasing the capacities of the land ports on the India-Bangladesh border. “India is a close friend and a major trading partner of Bangladesh. There is a huge demand for Bangladeshi products in the Indian market. Bangladesh is now able to export international quality products at relatively low prices. For this reason, it is necessary to increase the capacities of the land ports on the India-Bangladesh border,” he said. Click here to read…

Dhaka considering pros, cons of Indo-Pacific Economic Framework – Dhaka Tribune

Foreign Minister Dr AK Abdul Momen on Tuesday said Bangladesh is looking into the “pros and cons” of the Indo-Pacific Economic Framework (IPEF) to determine if Bangladesh will benefit from joining it. “Recently, there has been debate about the Quad and Indo-Pacific Economic (Framework). To understand the issue, we have requested BIISS to look into it. I am thankful to them. They have submitted one report on it,” Momen saidClick here to read…

Iranian Deputy FM Ali Bagheri due Thursday – Dhaka Tribune

Deputy Foreign Minister for Political Affairs of Iran Ali Bagheri Kani is scheduled to arrive here on Thursday morning to discuss bilateral and other issues of mutual interest with Bangladesh. In November, the Iranian said Foreign Office Consultation and meeting of Joint Economic Commission should be held at mutually convenient time to further strengthen relations in the field of trade, investment, economy, energy, chemical fertilizer and food security. Click here to read…

Bhutan

Import bill to hit over Nu 100B this year – Kuensel online

If the country imported Nu 30 billion (B) worth of goods in the last three months this year, the import bill would hit over Nu 120B. The total import bill at Nu 93.03B as of September this year already surpassed one-year’s import of Nu 90.23B in 2021. About 70 percent was imported from India. The value of exports, including electricity, stood at Nu 44.9B. Click here to read…

Maldives

India & Maldives hold 6th Joint Staff Talks in New Delhi – News On Air

The 6th Joint Staff Talks between India and the Maldives were held in New Delhi yesterday, December 20. The meeting was conducted in a friendly, warm and extremely cordial atmosphere. Discussions focused on the ongoing and new initiatives under the ambit of the existing bilateral defence cooperation mechanism of all three services and further strengthening the engagements. Click here to read…

Maldives Completes IMF Consultation for 2022 – Mirage News

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Maldives. Maldives’ economic activity rebounded strongly from the pandemic-induced contraction, supported by the authorities’ decisive policy measures. Real GDP growth recovered sharply to 37 percent in 2021 from the unprecedented contraction of 33.5 percent in 2020, as tourism activities bounced back. Inflation has risen but is contained due to price subsidies. Click here to read…

Myanmar

Two New Potential Game-Changers in Myanmar’s Crisis – The Irrawaddy

The bill recently passed by the US Congress, known broadly as the 2022 Burma Act, which allows the US government to provide technical support and non-military assistance to engage with groups opposing the military junta in Naypyitaw, combined with the arrival of incoming ASEAN chair Indonesia, could be a game-changer for the Myanmar crisis, which is soon to enter its third year. Click here to read…

Trial of Myanmar’s Suu Kyi enters final phase – Thai PBS World

A junta court will hear the final arguments in the 18-month-long trial of Myanmar’s Aung San Suu Kyi next week, a legal source said Tuesday, before reaching its final verdicts against the Nobel laureate. Suu Kyi has been a prisoner since the military toppled her government in February 2021, ending the Southeast Asian nation’s brief period of democracy. Click here to read…

IFC Divests from Yoma Bank After Myanmar Military Links Exposed – The Irrawaddy

The International Finance Corporation (IFC), a member of the World Bank Group, has divested from Yoma Bank after its business with military companies was exposed, according to activist group Justice For Myanmar (JFM). Divestment by the IFC, the largest global development institution focused on the private sector in developing countries, came after JFM revealed Yoma Bank’s dealings with the military and its conglomerates. Click here to read…

Nepal

Gagan Thapa lone challenger to Sher Bahadur Deuba – The Himalayan

Nepali Congress General Secretary Gagan Thapa, who is from the Shekhar Koirala faction of the party, became the only opponent to NC President Sher Bahadur Deuba in the contest for the parliamentary party leader. The NC will elect its parliamentary party leader tomorrow. Of the seven national political parties, the NC is the only party that will have to hold election to choose its parliamentary party leader. Other parties decided on their PP leader unanimously. Click here to read…

Nepal blacklists 16 Indian pharma cos – The Tribune

Nepal’s drug regulatory authority has blacklisted 16 Indian pharmaceutical companies, including Divya Pharmacy which manufactures yoga guru Ramdev’s Patanjali products, stating that they failed to comply with the World Health Organisation’s (WHO) drug-manufacturing standards. In April and July this year, the department sent a team of drug inspectors to India to inspect the manufacturing facilities of pharmaceutical companies that had applied to supply their products to Nepal. Click here to read…

Nepal makes over Rs11 billion selling power to India – The Kathmandu Post

Nepal earned over Rs11 billion by selling excess power to India from early June to this week, the Nepal Electricity Authority said on Monday. The high income suggests electricity has emerged as a major export item. In early November last year, India had for the first time allowed Nepal to sell electricity in the Indian market via a competitive bidding process. But after exporting for a few weeks, Nepal stopped selling power to India in December amid reduction in power generation in the dry season. Exports resumed this year with the start of monsoon in early June. Click here to read…

Pakistan

Punjab on the brink of another constitutional crisis: Dawn

Punjab Assembly Speaker Sibtain Khan on Tuesday termed “illegal, against the provisions of the Constitution and thus stand disposed of” the Punjab governor’s orders directing Chief Minister Parvez Elahi to seek a vote of confidence in a special assembly session to show he still commands a majority. In his two-page ruling, the speaker maintained that the governor’s orders were not in accordance with Article 54(3) and Article 127. “The house is in session since Oct 23, 2022, and under Article 54(3) and 127. No fresh session can be convened unless and until the current one ends,” the order read. Click here to read…

Editorial: An audacious attack: Dawn

WE are witnessing the rapid unravelling of Pakistan’s anti-terrorism policy, and can expect an escalating human and material cost. On Sunday, in their most audacious attack yet since late November when they called off their tenuous ceasefire with the government, 33 TTP militants detained inside the Bannu Counter-Terrorism Department centre managed to overpower their interrogators and take a number of law-enforcement personnel hostage. Click here to read…

Pakistan identifies $8.2b flood funding gap: The Express Tribune

The $8.2 billion gap appeared too large to be filled in the Geneva conference amid low response to the UN’s $816 million emergency appeal, high risks of Pakistan’s sovereign default, and possible derailment of the International Monetary Fund (IMF) programme because of imprudent economic policies. The planning ministry has finalised the resilient, recovery, rehabilitation and reconstruction framework, dubbed as 4RF, showing a financing gap of $8.2 billion. The framework has been developed with the help of the Asian Development Bank, European Union, UN Development Programme, and World Bank Group. Click here to read…

‘Pakistan in a fix on Afghan strategy’: The Express Tribune

Background discussions with the people dealing with the matter told The Express Tribune that despite apparent friction in ties with Kabul, Pakistan has no option but to seek engagement with the Afghan Taliban regime. The incidents of the last few weeks have put Pakistan’s relationship with the Afghan Taliban in jeopardy. Islamabad was already upset over Kabul’s failure to tackle the outlawed Tehreek-e-Taliban Pakistan (TTP) and the border clashes in Chaman further deepened the crisis. Click here to read…

IMF asks for passing on Rs65bn burden to power consumers: The News

The International Monetary Fund (IMF) has asked Pakistan to pass on Rs65 billion to consumers of electricity which has been deferred in the shape of Fuel Price Adjustments (FPA) during the peak of last summer season. Out of the total outstanding amount of Rs65 billion on account of deferment of FPA in the electricity bills in the current fiscal year, the government has agreed with the IMF that Rs 55billion would be passed on to consumers and that would be recovered through bills. The remaining Rs10 billion would be absorbed through allocation of subsidy amount. Click here to read…

Sri Lanka

Unity between Indian Ocean, Asian and African countries vital to face global problems: President – Daily News

President Ranil Wickremesinghe said that in order to face the global problems that may arise in the future, there should be unity between the Indian Ocean as well as Asian and African countries. The President said that since the impact of the Ukraine-Russia war may be felt in the future, the country should also work towards self-sufficiency by establishing food security. Click here to read…

9 Sri Lankans arrested in Tamil Nadu for attempt to revive LTTE: NIA – Hindustan Times

NIA has registered at least four cases since last year to probe conspiracy by several LTTE cadres based in India and Sri Lanka to revive the activities of the banned outfit by indulging in arms smuggling, ferrying of drugs and using hawala for transfer of funds. Click here to read…

China’s promised rice donation delivered – Daily News

The Chinese Embassy in Colombo yesterday said that one million kilograms (10,000 metric tonnes) of rice donation promised by China have all been delivered to Sri Lanka with the last 1,000 MT reaching Colombo on Monday. The Embassy said that the donation of this rice stock will help support nutrition and studies of over one million students in 7,900 schools across the country. Click here to read…

Afghanistan

Afghan Traders Abroad Face Hurdles Investing in Afghanistan: Tolo News

Some Afghan traders living abroad said current problems caused by the banking system and international sanctions, as well as the closed girls’ schools, are causing obstacles to investment in Afghanistan. Obaidullah Sadar Khail, head of the Afghan trader council in the UAE, told TOLOnews in a special TV program that the problems in the banking system that began nine months ago have still not been solved. “The banking system is important for the traders and over the past nine months, this problem has not been solved,” he said. Click here to read…

Joint Committee Formed to Address Tensions along Durand Line: Tolo News

Afghan chargé d’affaires in Islamabad Sardar Ahmad Shakib said on Sunday that a joint committee has been formed to address issues between the Islamic Emirate and Pakistan along the Durand Line. The committee will address all borer problems from now on, he said. “Any tension that happens by any side needs to be solved through talks. The committee has been created by both sides to address issues,” Shakib added. Click here to read…

Pakistani Delegation of Ulema to Visit Afghanistan to Discuss Cross-Border Hostility: The Khaama Press

According to Pakistan’s Geo News, which cited Pakistani authorities, the four-member reconciliation delegation of Pakistan will visit the Afghan capital, Kabul, and Kandahar, to put an end to the clashes along the border amid news of the establishment of a joint committee to address the border tensions surface. The Afghan border forces fired indiscriminately and without provocation at the civilian area in Chaman city of Pakistan’s Balochistan, for the second time in five days, using heavy weapons.Shehbaz Sharif, the Pakistani premier, condemned the Afghan Border Forces’ “unprovoked shelling” of civilians in Pakistan’s Chaman district, in response to the first of the twin border clashes in a week and urged the Afghan side to make sure that such occurrences “not repeated again. Click here to read…

Bangladesh

Experts: Bangladesh must prepare for hybrid warfare – Dhaka Tribune

Bangladesh needs to take protective measures and formulate a doctrine in order to address the growing threat of hybrid warfare amid the country’s technological advancement, said the speakers at a roundtable Sunday morningClick here to read…

Jamaat-e-Islami | Old party, new brand – The Hindu

In the backdrop of the protests led by the main Opposition Bangladesh Nationalist Party (BNP), authorities in Dhaka arrested Jamaat-e-Islami’s ameer Shafiqur Rahman and his son Rafat Sadik Saifullah last week. The arrests were interpreted as a move to pre-empt Jamaat, the largest Islamist party in Bangladesh, from infusing critical mass to the protest rally set to be launched by BNP leader Mirza Fakhrul Islam Alamgir. Click here to read…

China biggest source of FDI for Bangladesh in FY22 – Dhaka Tribune

China has become the largest foreign direct investment (FDI) source of Bangladesh in terms of the gross flow of $940 million for FY22. It also ranked top in foreign investors with 104 investors at eight export-processing zones (EPZs), said Song Yang, economic and commercial counsellor of Chinese Embassy in Bangladesh on Saturday. Click here to read…

Bhutan

An uplifting moment – Kuensel online

As the year near its end, there is one special day all Bhutanese look forward to. December 17, our National Day is not only the most significant day for Bhutan, but a day where Bhutanese from all walks of life come together as a big family to celebrate with pride and joy. The gathering today at Changlimethang and in all the dzongkhags and beyond is an uplifting moment for all of us. Click here to read…

Tawang clash was a deliberate PLA operation – Sunday Guardian Live

The Chinese attempt to seize a post is not a simple face-off as it is being made in some quarters. The implications of the loss of the Yangtse post would have been very costly for India. It is to the credit of the Indian Army that they thwarted this attempt very professionally. Click here to read…

Recurrent budget cut for financial prudence: FM – Kuensel online

The government cut the recurrent expenditure from the last fiscal year 2021-22 to spend the limited domestic resources judiciously, Finance Minister Namgay Tshering said. About 40 to 50 percent of the budget was cut across all agencies in the fiscal year 2022-23 compared to the pre-pandemic. The finance ministry itself saw a cut in the budget by about 60 percent. Click here to read…

Maldives

Foreign Secretary attends Human Rights Day Event organized by UN

Maldives, HRCM – Raajje

Foreign Secretary Ahmed Latheef has attended an event organized jointly by the United Nations Resident Coordinator’s Office and the Human Rights Commission of Maldives (HRCM). The event, held to mark the Human Rights Day 2022, also commemorated the 75th Anniversary of the Universal Declaration of Human Rights (UDHR) under the theme “Dignity, Freedom and Justice for All.” The event saw Latheef delivering remarks, where he reaffirmed the Maldivian government’s commitment to the values of human rights, democracy, and the rule of law. Click here to read…

Myanmar

SL Navy rescues 104 distressed Myanmar nationals – Sri Lanka Mirror

Sri Lanka Navy rescued 104 distressed Myanmar nationals aboard a passenger vessel in Sri Lanka’s waters about 3.5 nautical miles north of Veththalakerni early morning yesterday. The distressed vessel is reported to have trespassed into Sri Lanka’s territorial waters following a mechanical failure while it was carrying the passengers from Myanmar to Indonesia. Click here to read…

81 human trafficking cases prevented in Myanmar between 2020 and 2021 – The Star

Myanmar have prevented 81 cases of human trafficking, helping 840 people between 2020 and 2021, said Brigadier General Aung Htay Myint, head of the Transnational Crime Division. He revealed the information during the 5th inter-ministerial meeting of the Coordinated Mekong Ministerial Initiative against Trafficking – COMMIT, which took on via video link at the Myanmar Police Force headquarters, state-run newspapers reported. Click here to read…

EU supports WFP’s food insecurity efforts in Myanmar – Mizzima

The European Union (EU) has contributed EUR 6.5 million to the United Nations World Food Programme (WFP) towards its humanitarian assistance in Myanmar, where some 15 million people are facing moderate or severe food insecurity, according to a recent press release. Click here to read…

China-Myanmar-Thailand Economic Corridor safe haven for drugs, online scams: Report – The Print

The China-Myanmar-Thailand Trilateral Economic Corridor along river Moei has become a safe haven for drugs, human trafficking, arms smuggling, and online casino scams, according to a report in Mekong News. The report says that most of the “unholy syndicates” along the tributary of the Salween river from Tachileik to Myawaddy, are controlled by people of Chinese origin but from different nationalities.Click here to read…

Nepal

President Bhandari calls upon parties to recommend PM by December 25 – The Khabarhub

President Bidya Devi Bhandari has called upon the parties to recommend a name for the Prime Minister within 7 days from Sunday. According to a source in the President’s Office, Sheetal Niwas, the President called for the name of the Prime Minister to be recommended as per Article 76 (2) of the Constitution. As per the President’s notice, the political parties have to recommend the name of Prime Minister by 5 pm, December 25. Click here to read…

Maoist Centre to initiate govt formation process after swearing-in ceremony – Khabarhub

The Maoist Centre has decided to participate in the government formation process only after the House of Representatives (HoR) members are sworn in. The Maoist Centre came to the conclusion that it would be wise to initiate the government formation process only after the lawmakers were administered the oath of office. Maoist Centre’s leader Janardan Sharma said the leaders put their views to opt for the government formation process after the lawmakers are sworn in. Click here to read…

Pakistan

PDM mulls over options to avert dissolution of Punjab, KP assemblies: Dawn

The city remained a hub of political activities on Sunday aimed at preventing the dissolution of the Punjab and Khyber Pakhtunkhwa assemblies as Prime Minister Shehbaz Sharif, former president Asif Zardari and ex-premier Chaudhry Shujaat met each other separately to find a way out of the ‘quagmire’ caused by PTI Chairman Imran Khan’s announcement that the two legislatures would be dissolved on Friday. Click here to read…

FM Bilawal arrives in US capital today for talks: Dawn

As Foreign Min¬ister Bilawal Bhutto-Zardari arrives in the American capital on Monday, he has a difficult mission: underlining the need for stronger ties with the United States without disturbing its close relationship with China. The foreign minister completed his four-day visit to the UN headquarters in New York on Friday and then went off-the-radar for the weekend, stirring wild speculations in the Pakistani American community. Pakistan’s diplomatic missions in Washington and New York offered no explanation on his weekend engagements. Click here to read…

When under-fire Bajwa speaks…: The News

Sources close to General Bajwa said that the recently retired former Army Chief could not respond in public to what PTI chairman alleges against him because of some codal limitations but it is insisted what Khan mostly says about Bajwa is untrue. Bajwa is now the focused target of Imran Khan who not only sees Bajwa as the sole reason for all his failures in the government but also alleges that the general had removed his government as part of a US conspiracy. Click here to read…

Sri Lanka

IMF says China agrees to form global sovereign debt ’roundtable’ – Daily News

Chinese officials have agreed to form a global sovereign debt “roundtable” that would include a wide variety of stakeholders, including private sector creditors, International Monetary Fund chief Kristalina Georgieva said on Thursday. Georgieva told an event hosted by the IMF that she was feeling “a bit more optimistic” about the prospects for dealing with major debt issues facing low- and middle-income countries after high-level meetings with Chinese authorities last week. The IMF chief said last week she had a “fruitful exchange” with her Chinese counterparts on the need to accelerate debt relief for countries like Zambia and Sri Lanka, adding that she saw “space for a platform for more systematic engagement on debt issues, where China can play an active role”. Click here to read…

Sri Lanka to use Indian rupee for international trade, more countries aim to follow – WION

Days after the Central Bank of Sri Lanka (CBSL) said that it was awaiting the Reserve Bank of India’s (RBI) approval to designate Indian Rupee (INR) as a foreign currency in Sri Lanka, reports have emerged saying banks from India’s neighbouring island nation have opened special rupee trading accounts, called Vostro accounts. Sri Lanka had requested the RBI to facilitate and promote trade and tourism in the SAARC region. Click here to read…

New Navy Commander Vice Admiral Priyantha Perera – Daily News

President Ranil Wickremesinghe promoted Rear Admiral Priyantha Perera to the rank of Vice Admiral and appointed him as the 25th Commander of the Sri Lanka Navy from December 18 with the retirement of former Commander Admiral Nishantha Ulugetenne.Vice Admiral Priyantha Perera was accorded a Guard of Honour in accordance with Naval traditions, at the Navy Headquarters yesterday, Vice Admiral Perera a proud product of the Royal College, Colombo joined the Si Lanka Navy in the Executive Branch in 1987 as an Officer Cadet of the fifth intake of General Sir John Kotelawala Defence University. Click here to read…

Afghanistan

Clashes Occur Across Durand Line at Spin Boldak: Tolo News

Clashes between the forces of the Islamic Emirate and Pakistan military happened along the Durand Line in Spin Boldak port, a spokesman told TOLOnews. Haji Zaid, a spokesman for Kandahar governors, said that one member of the Islamic Emirate was killed and 10 others were wounded in the clashes. Meanwhile, a source from Chaman on the other side of the Durand Line told TOLOnews that one Pakistani forces member was wounded in the fightingClick here to read…

Indonesia, Qatar Host Conference Supporting Women’s Education: Tolo News

The International Conference on Afghan Women’s Education, co-chaired by Indonesia and Qatar, was convened in Bali, Indonesia on 8 December 2022.
At the International Conference on Afghan Women’s Education, representatives from more than 30 countries stressed the need of supporting women’s education in Afghanistan. The foreign minister of Pakistan, who attended the conference, said that his country supports women’s access to education, saying an investment in female education is an investment in the future of the nation. Click here to read…

Drought and Lack of Water, a Major Concern in Afghanistan: The Khaama Press

The problem of lack of water caused by continued drought over the past couple of years in Afghanistan is a huge concern on different fronts. Providing clean and safe water for the people has been a great challenge, particularly, with climate change which is an addition to the existing problem. “The problem of lack of water is serious and UNICEF would help Afghanistan in addressing the problem. Bringing clean, safe water to 9 million people the following year is a priority for the organization,” Salam Al-Janabi, UNICEF Afghanistan spokesperson, said. Click here to read…

Afghan FM Meets with Ambassador of Japan Discussing Aid and Economy: The Khaama Press

Mawlawi Amir Khan Muttaqi, the acting foreign affairs minister, met with Takashi Okada, the Japanese ambassador, in the Afghan capital to discuss aid to Afghanistan and the resurrection of the Afghan economy.

The spokesperson of the Ministry of Foreign Affairs, Abdul Qahar Balkhi, announced in a string of tweets on Sunday, December 11, that the leadership of the ministry visited the Japanese envoy in a constructive meeting. The Japanese diplomat, according to the ministry’s statement, said that his country is in dialogue with the international community to set the stage for the reconstruction of the Afghan economy. Click here to read…

Bangladesh

Bangladesh on razor’s edge: Why India must wake up to the looming economic crisis and political instability to its east – Indian Express

So routine are protests and violence in Bangladesh that treating the ongoing crackdown against Sheikh Hasina’s opponents as anything but election-generated noise could seem a stretch. From the latest deaths of opposition activists in police firing, and the opposition Bangladesh Nationalist Party (BNP) demanding a “caretaker” administration that could ensure electoral transparency, to an angry Hasina vowing to never let “arson terrorists” come to power — this is quintessential Bangladeshi politics. Even Western criticism, visible in a recent ambassadorial joint statement asking for free, fair, and peaceful elections, and Indian and Chinese silences, are not novel. Click here to read…

Awami League remains unmoved over BNP MPs’ resignation – Dhaka Tribune

Terming the BNP lawmakers’ decision to resign from Parliament a mistake, Awami League General Secretary Obaidul Quader on Sunday said that the House would not sit idle without the seven of them. Several other senior leaders reacted to the BNP’s move a day after the party conducted its 10th and last divisional rally, and declared 10-point charter for demands that included the dissolution of Parliament and holding the next election under a non-party government. Click here to read…

‘People to determine who will rule Bangladesh; not external power, internal conspiracy’ – Dhaka Tribune

Prime Minister Sheikh Hasina will not “bend down to any external pressure” or internal conspiracy to derail the nation from its constitutional path towards democracy and fundamental freedom, said Foreign Minister AK Abdul Momen and State Minister for Foreign Affairs Md Shahriar Alam in unison on Sunday. They said the government is determined to hold the next parliamentary elections in a free, fair, transparent and participatory manner under the independent election commission. Click here to read…

Bhutan

Capital budget up by 5 percent in this FY: Kuensel Online

The capital budget for this fiscal year 2022-23 was revised by 4.79 percent to Nu 40.31 billion (B) as compared to the approved budget of Nu 38.47B. This, according to the finance ministry’s first quarter budget report, is an increase of Nu 1.84B. The fiscal year (the last year under the 12th five-year Plan) has allocated about 52 percent of the total budget as capital budget. It is more than the current expenditure, unlike in the past. Click here to read…

China threatens Bhutan for aligning with India: Report: ANI

China’s act of flaring up the territorial disputes can be the means to ‘punish’ Bhutan for aligning with India as Beijing assumed that Thimphu’s foreign policy for their country is influenced by New Delhi’s dominance and control, Epardafas.com reported citing scholars. Click here to read…

Maldives

RBI Signs Currency Swap Agreement with Maldives Monetary Authority – Adda

The Reserve Bank of India has signed a Currency Swap Agreement with the Maldives Monetary Authority (MMA) to enable MMA to make drawals in multiple tranches up to a maximum of $200 million from the RBI. This agreement has been signed under the SAARC Currency Swap Framework. Click here to read…

EC initiates dissolution of DRP – Sun

Elections Commission (EC) has initiated the process of dissolving Dhivehi Rayyithunge Party (DRP) due to failure to meet the 3,000-member requirement. EC’s chairman Fuad Thaufeeq told Sun on Sunday evening that DRP had been given three months’ notice to bring up membership numbers after the party’s membership fell below 3,000.“According to the law, we need to give three months’ notice to political parties that fail to meet the 3,000-member requirement, and take measures to dissolve the party if they fail to meet the membership mark during that period,” he said. Click here to read…

Myanmar

Follow ASEAN path on Myanmar, says Indonesian FM, after New Delhi engages military rulers – The Hindu

In comments to The Hindu about India’s decision to engage the Myanmar military government that came to power in February 2021 after deposing the elected National Unity Government (NUG) and jailing thousands of leaders including Aung San Suu Kyi, Ms. Marsudi said that it could make the 10-member Association of South East Asian Nations’ (ASEAN) efforts towards democracy “less effective”. Instead, she urged India and other countries to follow the ASEAN “five point consensus” that calls for an immediate end to violence in the country; dialogue among all parties; the appointment of a special envoy; humanitarian assistance by ASEAN; and the special envoy’s visit to Myanmar to meet with all parties. Click here to read…

Is China using Pakistan as its proxy to arm military rule in Myanmar? – Times of India

It is reported that Pakistan is looking forward to intense collaboration with China regarding the development of sub-warfare equipment. China is allowing Pakistan to maintain and overhaul Chinese-made equipment, thus letting Pakistan’s defence industries become a course of action for Chinese defence sales. It is alleged that Pakistan, enticed by China, has intensified military-industrial collaboration with the new regime in Myanmar, one of India’s critical neighbours to the East. It is reported that Myanmar is keen to advance its domestic arms industry with Pakistan-China combined sustenance even as it has developed a bilateral defence corporation with RussiaClick here to read…

Nepal

Dahal sees foreign hand in poll debacle: The Kathmandu Post

CPN (Maoist Centre) Chairman and former prime minister Pushpa Kamal Dahal on Sunday said foreign powers directly interfered in the November 20 federal and provincial elections and called the situation serious.This is the first time a top politician has publicly accused foreign powers of meddling in the recent elections. “We have seen many elections since joining the peace process [in 2006]. But never before had I seen this level of foreign meddling, when foreign forces meticulously decided whom to defeat and whom to elect,” said Dahal while addressing a meeting of the office bearers of the Press Centre Nepal, the press wing of his party, at Harisiddhi in Lalitpur. “All past elections were announced and conducted by Nepalis, but that was not the case this time. This is a very serious development.” Click here to read…

Editorial: Assessing the election results: The Kathmandu Post

Our general elections took place at a time of great turmoil in the international arena. The Covid-19 pandemic, the Russian invasion of Ukraine, bitter rivalry between China and the United States—all have cast a long shadow over South Asia. The world is coping with geopolitical tensions, economic slowdown, rising unemployment and skyrocketing food and energy prices. Nepal too is suffering from rising inflation, liquidity crunch, unemployment, loss of tourism revenue and public frustration over poor state response. Click here to read…

Pakistan

‘Unprovoked’ shelling by Afghan forces kills seven at Chaman: Dawn

At least seven people lost their lives and 16 others suffered injuries on Sunday in Chaman, which came under heavy gunfire and artillery shelling by Afghan border forces, the military’s media wing said. Pakistani troops retaliated against the “unprovoked and indiscriminate” fire, the Inter-Services Public Relations (ISPR) said in a statement, without giving details of any losses on the other side. Click here to read…

Imran wants ‘apolitical’ military to help stabilise economy: Dawn

Despite the former army chief stressing in his farewell address that the institution had decided to stay away from politics, Pakistan Tehreek-i-Insaf (PTI) Chair¬man Imran Khan on Sunday urged the establishment indirectly to facilitate early elections as he believed the country was fast heading towards a default. Click here to read…

OIC secretary general visits LoC: The News

The Organisation of Islamic Countries (OIC) Secretary General, Hissein Brahim Taha, has said that Kashmir is the top priority of OIC agenda and he will submit a comprehensive assessment report on the human rights situation in Kashmir to member countries.https://www.thenews.com.pk/print/1019253-oic-secretary-general-visits-loc” target=”_blank” rel=”noopener”>Click here to read…

Sri Lanka

IMF chief cites ‘fruitful exchange’ with China on SL debt issues – Daily News

A Reuters report said Georgieva, World Bank President David Malpass and other financial leaders met in person in China’s Anhui Province last week with officials from the People’s Bank of China, China’s Finance Ministry and its EXIM Bank and China Development Bank. Georgieva said the discussions touched on the common framework for debt treatment set up in late 2020 by China, the United States and other Group of 20 major economies, as well as some specific cases of countries seeking debt relief. Click here to read…

Shanakiyan Rasamanickam | An MP to watch in Sri Lanka – The Hindu

In the two years since he was first elected to Parliament, Sri Lankan legislator Shanakiyan Rasamanickam has won many fans within Sri Lanka, including from the Sinhalese majority. But his recent speech in Parliament, threatening to launch a “China go home” campaign, similar to the “Gota go home” people’s movement that dislodged the former President, made more heads turn. China was “forcing down” useless investments in Sri Lanka, China has “no democracy, no human rights,” he roared in the House. If China is truly a friend of Sri Lanka, it must restructure the bankrupt island’s debt and help the crisis-hit country access IMF support, the 32-year-old Opposition MP argued. Click here to read…

Afghanistan

Facing Intl Condemnation, Islamic Emirate Defends Sharia Executions: Tolo News

Following widespread reactions over a recent execution, the Islamic Emirate said that the execution of guilty people is a divine command and that no one should be concerned about it. A spokesman for the Islamic Emirate, Bilal Karimi, said that the execution, which happened on Wednesday in the western province of Farah, was carried out after many investigations and assessments.

Click here to read…

Afghanistan Needs Further International Aid to Avoid Economic Crisis: The Khaama Press

According to an official statement by the Taliban Central Bank, the Afghan interim administration so far has received more than 1 billion and 700 million USD in cash mostly in the format of international aid. “Due to the prevailing worsening economic and humanitarian situations, the aforementioned amount is not enough to alleviate the negative impacts of the existing conditions on ordinary people’s lives. Therefore, more international aid is required to cope with the ongoing economic challenges,” the Central Bank’s spokesperson said.

Click here to read…

Bangladesh

Making Bangladesh more investor-friendly – Daka Tribune

It is undeniable that Bangladesh has made exceptional progress over the last many years, especially considering its status as a least developing country. As we move closer to graduating from that status, however, we must acknowledge the need — now, more than ever — for foreign investment, in order to boost our economy further.’
Click here to read…

India and its neighbours: New direction in South Asia? – Dhaka Tribune

India’s influence on Bangladesh and the rest of South Asia only looks to be increasing…Along with the growth of the Indian economy, the strategic balance will also increase. China, however, is likely to be against India’s economic growth.Any potentially offensive action by China is likely to destabilize the Indian growth trajectory.
Click here to read…

A competition of errors – The Daily Star

After 51 years of Bangladesh’s existence and 32 years of unbroken democratic rule – however flawed – we are proving to ourselves and to the world that we, as a polity, have not matured enough to settle even minor disputes peacefully with those who oppose us. An otherwise simple issue of where BNP should hold its rally has transformed itself into a situation where the public is in full uncertainty as to how the immediate future will unfold.
Click here to read…

Bhutan

Wasting no time on waste – Kuensel Online

Waste is the biggest problem facing the country today. As a country that has been recognised as environment-conscious, the amount of waste fly around is ironic, and, embarrassing. Waste is an issue in Bhutan because of the deeply-seated culture. Waste is an issue of serious concern because a large number of our people are uneducated. Waste also deserves sober treatment because more than laws, rules, and regulations, we need practical solutions.
Click here to read…

FAO supports projects to strengthen food systems and water management – Kuensel Online

High dependency on food imports, constraints to agriculture production, strong rural-urban migration and increasing fallow land are some aspects of Bhutan’s current food system. The food systems project aims to transform agri-food systems at the farm, landscape and value-chain levels.
Click here to read…

Maldives

Maldives will uphold the principles of the SAARC Charter: Pres Solih – Avas

The government has assured that the Maldives will always uphold the principles of the SAARC Charter. President Ibrahim Mohamed Solih gave the assurance in a message to the South Asian Association for Regional Cooperation (SAARC)’s Secretary-General Esala Ruwan Weerakoon on the occasion of SAARC Charter Day. SAARC Charter Day is celebrated on December 8 every year.
Click here to read…

RBI signs Currency Swap Agreement with Maldives Monetary Authority – News Deal

The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Maldives Monetary Authority under the SAARC Currency Swap Framework. This agreement will enable the Maldives authority to make drawals in multiple tranches up to a maximum of 200 million dollars from the RBI. The agreement will provide swap support as a backstop line of funding for short-term foreign exchange liquidity requirements.
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Myanmar

Myanmar Junta Receives New Thai Ambassador – The Irrawaddy

Thailand’s new ambassador to Myanmar Mongkol Visitstump presented his credentials to junta boss Min Aung Hlaing on Thursday before holding separate talks with deputy junta leader Soe Win and foreign minister Wunna Maung Lwin. The new Thai ambassador and Min Aung Hlaing discussed cooperation to boost border trade and investment in Myanmar, and development of its tourism industry, according to junta media.
Click here to read…

UN urges Southeast Asia governments to rescue stranded Rohingya – Aljazeera

The United Nations Refugee Agency has urged countries in Southeast Asia to rescue some 200 Rohingya refugees whose unseaworthy boat has been reported drifting in the Andaman Sea. The UNCHR said in a statement on Thursday that it had received reports that the Rohingya had been stranded on a boat off the coast of Thailand since its engines failed on December 1.
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15 killed in a shootout between drug gang and Thai security forces at Thai-Myanmar border – BNI Online

Thai border security forces reported that they intercepted a drug- trafficking gang and a 10minute shoot-out occurred along the Thai- Shan State border, killing 15 gang members according to a report in the Chiang Mai News. Thai border security were conducting inspections at Mumt Pin Gate No.12 in Phan township of Chiang Mai municipality (opposite side of Poung Par Khem sub-township of Mongton township in eastern Shan State) on the early morning of December 8. The drug smuggling gang, composed of more than 20 men, infiltrated through theforest passages on the Myanmar side.
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Source to VOA: US to Downgrade Relations with Myanmar – VOA News

A diplomatic source has told VOA Burmese that the U.S. will downgrade its diplomatic relations with Myanmar upon the departure of the current U.S. ambassador, Thomas Vajda, whose assignment is scheduled to conclude at the end of this month. The administration of President Joe Biden has decided not to send a successor, said the source, who spoke on condition of anonymity to discuss a matter not yet officially announced by the State Department. “Deputy Chief of Mission Deborah Lynn will assume duties as charge d’affaires at [the] U.S. Embassy Rangoon after Ambassador Vajda’s departure,” the source said. The previous U.S. ambassador to Myanmar, Scot Marciel, told VOA that the U.S. doesn’t want to present credentials to the ruling military junta, formally known as the State Administrative Council (SAC).
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Nepal

UML trying every trick in the book to break five-party bond – The Kathmandu Post

Some leaders said breaking the ruling coalition is proving to be a hard nut to crack, at least for now. This is why the party may decide to be a strong opposition should their efforts to break the alliance fail. According to UML insiders, of late, been meeting leaders of the Maoist Centre including its general secretary, Dev Prasad Gurung.
Click here to read…

India’s Agnipath Scheme and the Impact on Ties with Nepal – ORF Online

Altering its military recruitment policy is undisputedly India’s prerogative, but this is certain to have a direct fallout on Nepal’s military labour migration to the Indian Army. Still, youth from Nepal’s financially marginalised sections may be interested in joining the Indian Army under Agnipath. However, more prominent Gorkha families will likely push their offspring to join the British or Nepali armies because they view military recruitment as a matter of prestige and not from the lens of monetary gain.
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Nepal need not import electricity in two years from now: Kulman Ghising – Khabarhub

The Nepal Electricity Authority (NEA) Managing Director Kulman Ghising has claimed that the authority’s investment is focused on the development of electrical infrastructure to increase electricity consumption and Nepal will be fully independent in electricity in two years from now. He mentioned that various EV Expos are being held to increase the consumption of electricity produced in Nepal.
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Sweden, Nepal study India’s digital rollout of health assurance scheme – Mint

Two countries on opposing ends of the development scale— one a much-praised welfare state and the other among the world’s poorest nations—have been studying India’s AB PM-JAY, intrigued by the ambitions of the world’s largest health assurance scheme. The Swedish health delegation came as part of a visit by joint working groups (JWG) of the Sweden-India Health MoU. The idea of the meeting with the NHA was to have an introduction to its work, and the role it plays in public health.
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Darjeeling’s tea gardens at risk due to climate, cheap Nepal tea – Goa Chronicle

The tea plantations of Darjeeling, which had been developed in the 19th century under the British Raj to reduce dependence on China for tea, are now suffering from an economic crisis, and more than half of the tea plantation owners are on the verge of becoming bankrupt. At the same time, the production cost of the authentic Darjeeling tea from West Bengal is more as compared to Nepal’s tea.
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Pakistan

Bilawal calls for people-centric democracy: The Express Tribune

Foreign Minister Bilawal Bhutto Zardari said on Thursday that democracy was the foundation of an emancipated society and underscored the importance of democracies in the developing countries to collaborate in responding to common challenges. Addressing the 15th Bali Democracy Forum held in the Indonesian holiday resort of Bali, the foreign minister called for reform of international financial institutions. He said that the people of Pakistan always strove for a people-centric democracy.

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Govt considers Rs60b mini-budget: The Express Tribune

The government may slap 17% sales tax on high-grade petrol as it is considering imposing more taxes on imports to cover a projected shortfall of Rs100 billion in customs duty collection. Tax authorities have recently shared options with the government to bridge the shortfall by imposing taxes on duty-free imports and raising the additional customs duty to collect roughly Rs60 billion in taxes, according to sources in the Ministry of Finance.

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TIP releases NCPS 2022 report: Police, judiciary among top three most corrupt institutions: The News

The NCPS 2022 released at 01:00am on Friday also showed no-confidence in anti-corruption entities including NAB. At the national level, the majority of people considered anti-corruption institutions’ role as ‘ineffective’ in curbing corruption in Pakistan, the report said. The following are the key findings of the NCPS 2022: Police remain the most corrupt sector, tendering and contracting was seen as the 2nd most corrupt, judiciary 3rd most corrupt while education has climbed to become 4th most corrupt since the last NCPS 2021. The provincial breakdown of the three most corrupt sectors reveals the following:

Click here to read…

Sri Lanka

Unpopular decisions have to be taken for benefit of country’s future, President – Daily News.

President Ranil Wickremesinghe said that the country has had to face adverse repercussions today due to the short-sighted popular decisions taken in the past and unpopular decisions have had to be taken for the future prospects of the country. The President made this observation yesterday (08) taking part in the Third Reading debate of the Budget proposals for the financial year 2023. He said further that a Parliamentary Select Committee will be established on a resolution by the Parliament to look into those who led the economy to bankruptcy with their incorrect fiscal policies.
Click here to read…

Economic support to Sri Lanka not based on communal approach, Jaishankar – Daily News

External Affairs Minister S Jaishankar on Wednesday justified the government’s support to Sri Lanka, saying India would be shirking its responsibility if it did not step forward to support a crisis-hit neighbour. The economic support that India offered to Sri Lanka during its worst post-independence economic crisis was for the entire country and not based on any communal approach, he said.On the issue of Palestine, he said India stands for a two-state solution, with the two states living peacefully side-by-side.
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Six companies express interest to invest in ‘Colombo Port City’ project – Daily News

Investment Promotion State Minister Dilum Amunugama told Parliament yesterday that six companies have already expressed their interest to invest in the ‘Colombo Port City’ project. The State Minister was speaking during the Committee Stage debate on Expenditure Heads of Finance, Economic Stabilization, and National Policies Ministry.
Click here to read…

Afghanistan

Zardari Expects to Talk With Kabul Over Threats Facing Pakistan: Tolo News

Pakistan’s foreign minister Bilawal Bhutto Zardari said they are expecting to work with an “interim authority” in Afghanistan to “address the challenges posed by the terrorist organizations.” He made the remarks in an interview with Al-Jazeera in response to a question asked about Tahrik-e-Taliban Pakistan (TTP).
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Mawlawi Yaqoob Meets with UAE President: Tolo News

Acting Defense Minister Mawlawi Mohammad Yaqoob, leading a delegation of the Islamic Emirate to the UAE, met with the President of the UAE, Sheikh Mohammad bin Zayed Al Nahyan, local news agencies reported.

Click here to read…

Iranian Envoy: US Seeks to Show Afghanistan in Shambles without Its Presence: The Khaama Press

Hassan Kazemi Qomi, the Iranian Special Envoy for Afghanistan, on Monday, December 5, said that the US has muddied the situation in Afghanistan by inflaming ethnic and religious conflict during the past year.
He further stated that the US Central Intelligence Agency (CIA) is still operational in Afghanistan, despite the military pullout, and that the US still has control over Afghanistan’s airspace.

Click here to read…

Bangladesh

Signs of the economy turning around in November –Dhaka Tribune

Latest data from Bangladesh Bank, Bangladesh Bureau of Statistics (BBS), Export Promotion Bureau (EPB) and Bureau of Manpower, Employment and Training (BMET) shows that export earnings turned out to be a record $5.092 billion in November. The previous record was $4.9 billion in December last year.
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Dec 10 rally venue not fixed yet – The Daily Star

With only four days left for BNP’s December 10 rally in the capital, the complications over the venue are yet to be resolved. The party has sought the National Eidgah field for the rally after police denied the permission to hold it in the Arambagh intersection as an alternative to Nayapaltan and Suhrawardy Udyan. Police said they will not allow rallies or public gatherings on the streets of the capitals and such events can only be held on open grounds.
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Bad debts going worse – The Daily Star

Misgovernance, corruption, nepotism and subsequent bad debts keep plaguing the banking landscape of Bangladesh. Central bank data reveals that non-performing loans (NPL) have swelled to a whopping Tk 134,396 crore as of September this year, accounting for 9.36 percent of the total loans disbursed. Nearly 29 percent of the loans disbursed by the six state-owned banks have been defaulted on as of September. This is despite the relaxed loan classification rules to allow banks to window-dress their accounts and make their financial health look sound.
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Bhutan

Fighting corruption – Kuensel Online

A small country like Bhutan is finding it difficult to address corruption. For international visitors, this is something that they cannot comprehend. Why, they ask. We do not have adequate answers. In Bhutan, corruption cases are on the rise and are difficult to treat. This is from Anti-Corruption Commission’s (ACC) annual report 2021-2022.
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Maldives

BML celebrates International Day of Persons with Disabilities – Raajje

The country’s national bank revealed via a press release on Sunday, that they kicked off celebrations to commemorate the International Day of Persons with Disabilities, in partnership with the Maldives Deaf Association (MDA). As such, a children’s evening was held in Guraidhoo island of Kaafu atoll to celebrate the day. More than 200 individuals from the Home for People with Special Needs, joined the event to participate in the activities.
Click here to read…

MNDF seize 3 Sri Lankan vessels fishing sharks in Maldivian territory – Edition

The Maldives authorities apprehended three Sri Lankan vessels that were illegally fishing sharks within Maldivian territory. Maldives National Defence Force’s (MNDF) Coast Guard discovered the vessels while patrolling the country’s borders. The boats were inside Maldives territory and a large quantity of sharks and other varieties of fish were found onboard the vessels, MNDF reported. MNDF is currently attempting to bring the vessels to Malé; the authority stated they will be able to dock them near Kaafu atoll Dhoonidhoo sometime around 01:00 am on Tuesday. The Coast Guard confirmed that two of the three vessels were taken into custody earlier on 30 November. The vessels, “Banuzan” and “Rathu 01” had six Sri Lankans crew members.
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Myanmar

Myanmar Resistance Inflicts More Casualties on Junta Forces – The Irrawaddy

The Myanmar junta’s military suffered casualties as People’s Defense Force groups (PDFs) and an ethnic armed organization (EAO) attacked regime targets across the country. Incidents were reported in Kachin and Mon states and Sagaing, Magwe and Mandalay regions. The Irrawaddy has collected the following reports of significant attacks from PDFs and the EAO. Some military casualties could not be independently verified.
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Myanmar Junta Takes Delivery of FTC-2000G Fighter Jets from China – The Irrawaddy

Myanmar’s military regime has taken delivery of six FTC-2000G fighter jets purchased from China, according to Myanmar-based observers monitoring the regime’s air force. The six fighter jets arrived in November and are currently being checked over at Meiktila airbase in Mandalay Region before their deployment to Namhsan airbase in southern Shan State, according to regime air force sources. The jets are likely to be used in the regime’s ongoing airstrikes against civilians and resistance forces fighting alongside ethnic armed groups across the country.
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Myanmar remains on US religious freedom blacklist – UCA news

Military-ruled Myanmar has been named among 12 countries by the United States that are of “particular concern” for religious freedom violations. Myanmar, formerly known as Burma, joined China, Pakistan, Russia, Saudi Arabia, Tajikistan, Turkmenistan, Cuba, Eritrea, Iran, Nicaragua and North Korea on Washington’s blacklist for having engaged in or tolerated particularly severe violations of religious freedom under the International Religious Freedom Act 1998, US Secretary of State Antony Blinken said in a statement on Dec. 2.
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India and Myanmar Junta Using Rakhine Truce to Finalize Trade Corridor – The Irrawaddy

New Delhi is using the informal truce between Myanmar’s military regime and the Arakan Army (AA) in Rakhine State to finalize its mega transport project linking the two countries. Indian Consul Jay Krishna met junta-appointed Rakhine State chief minister Dr. Aung Kyaw Min for talks on the India-backed Kaladan Multi Modal Transit Transport Project on Friday, just days after the ceasefire began. The transport project, which is considered crucial for New Delhi’s ambitious Act East Policy, has been delayed partly by the fighting between junta forces and the AA, an ethnic armed organization that operates in Rakhine and parts of Chin State along the border with India and Bangladesh.
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Nepal

Four ruling parties agree to continue partnership – The Kathmandu Post
With the count of first-past-the-post votes completed and that of the Proportional Representation ballots nearing end, the ruling coalition partners held their first meeting at Baluwatar and decided to continue with the existing five-party alliance led by the Nepali Congress.
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Embankment row highlights urgency of settling border issues with India – The Kathmandu Post

Earlier in the day, Nepalis and those on the Indian side had chanted slogans against each other and pelted stones. At the root of the dispute is the ongoing construction of the embankment. Earlier, there had been an agreement between Nepali and Indian officials whereby both sides would refrain from constructing embankments along the disputed parts of the river.
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NC stands first in PA seat tally, clinches 110 out of 330 seats – Khabarhub

Out of 330 PA members elected from seven provinces, and the major ruling NC has won 111 seats. The party has emerged the largest party in three provinces: Bagmati, Gandaki and Sudurpaschim while the main opposition CPN-UML is the largest party in the Province 1, Madhes province and Lumbini province. UML has won a total 91 seats.
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Nepal opens nighttime business to boost its ailing economy, tourism income – The Kathmandu Post

After almost a decade and a half, the Nepali authorities have adopted a “liberal policy” to allow nighttime businesses across the country to flourish, thereby giving a boost to economic activities. Economists say it’s a landmark decision because the local economy benefits a great deal from a vibrant nightlife. But the policy is still restrictive.
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Pakistan

PDM amenable to ‘unconditional’ talks with Imran: Dawn

The Pakistan Democratic Movement (PDM) on Monday expressed its willingness to engage former prime minister Imran Khan in a dialogue to break the prevailing political impasse, but said it wanted the Pakistan Tehreek-i-Insaf (PTI) to let go of its conditions.

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Pakistan concedes to China’s demand: The Express Tribune

Pakistan on Monday caved in to China’s demand for opening a revolving bank account that would partially save Chinese power plants from circular debt but it may cause concern among officials of the International Monetary Fund (IMF).

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President’s caution to Imran Khan about ‘red barrier’: The News

PTI chairman Imran Khan was reportedly cautioned after the change of command in the army by President Arif Alvi to strictly direct his leaders and social media team not to attack the new army chief and the military. PTI chairman Imran Khan was reportedly cautioned after the change of command in the army by President Arif Alvi to strictly direct his leaders and social media team not to attack the new army chief and the military. A PTI source while sharing a screenshot of the Whatsapp message conveyed to the party leadership and the social media team, claimed that President Alvi conveyed to Khan that the new military establishment respect of the institution is like a ‘red-barrier,’ which should not be crossed.

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Stalemate on 9th review: IMF to stay engaged with govt on targets: The News

The International Monetary Fund (IMF) will continue its dialogue and engagement with Pakistan on policies and reforms needed to keep bailout programme’s targets on track and to complete the pending ninth review, a Fund official said on Monday. An IMF review for the release of the next tranche under bailout funding has been pending since September, though Finance Minister Ishaq Dar’s last week said that Pakistan met all targets for the 9th review.

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Sri Lanka

Sri Lankan leaders’ commitment to economic revival through reforms highly appreciable, ADB Vice President – Daily News

Asian Development Bank (ADB) Vice President Shixen Chen said international monetary agencies are highly impressed with the strength of the Sri Lankan leadership and its commitment to achieve speedy economic revival through reforms in monetary sectors. He stated this when he called on Prime Minister Dinesh Gunawardena yesterday (5) at the Prime Minister’s Office in Colombo. He said the current visit is aimed at finalizing proposed ADB projects for next year and assured ADB’s support for the country’s development and its efforts to overcome economic and fiscal challenges.
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President says no plans for reforms; stresses need for new economic model – Daily Mirror

“What is the plan for reform? Frankly, I have no plan for it. What reforms when we don’t have an economy,” Wickremesinghe told the inaugural session of Sri Lanka Economic Summit 2022, themed ‘Resetting from turmoil to opportunity’. The annual event, which was kicked off yesterday, is organise by the country’s premier business chamber, the Ceylon Chamber of Commerce. “The government will not have plans for reform. What we want to do is to build a new economy. But is the private sector ready for it? Can you handle the pain,” Wickremesinghe asked the business leaders present in the audience, who appeared shocked for a moment.
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Australian High Commissioner visits Hambantota Int’l Port – Daily News

As part of their visit to the Hambantota International Port (HIP) last week Australian High Commissioner Paul Stephens and his entourage learned about the activities and operations of the port. The High Commissioner who was visiting the South of Sri Lanka for the first time, showed special interest in the port’s ongoing business and the value addition HIP brings to the table, which would be a winning factor for possible collaboration in future. The entourage toured the port following the discussion.
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