Afghanistan

Why India is cautiously engaging with the Taliban regime in Afghanistan -Scroll

In February, the Indian budget for 2023 allocated Rs 200 crore in aid to Afghanistan. It was an indication of how far India’s engagement with the Taliban has progressed, even as New Delhi has yet to officially recognise the regime in Kabul. This is in stark contrast to the position India took during the Taliban’s previous stint in power from 1996 to 2001, when the regime was overthrown by an American-led military coalition. Click here to read…

Will China’s latest investment in Afghanistan actually work? – Aljazeera

The Taliban-run Afghanistan saw its first significant foreign investment last month when a Chinese firm signed a 25-year-long, multimillion-dollar contract to extract oil. Experts are cautiously optimistic the project may bring jobs and income despite China’s sketchy record on executing deals. Click here to read…

Pakistan threatens Afghanistan with war even as Taliban refuses to act against TTP bases – First Post

Pakistan has warned of military action inside Afghanistan if the Afghan Taliban continues to provide support to the Tehreek-e-Taliban Pakistan (TTP). However, the Afghan Taliban has denied the presence of Tehreek-e-Taliban Pakistan (TTP) bases inside Afghanistan. The Afghan Taliban told the Pakistani delegation that the Tehreek-e-Taliban Pakistan (TTP) – also known as the Pakistani Taliban – has no presence in Afghanistan. The Afghan Taliban also claimed that all members of the TTP leadership had relocated to Pakistan after the Taliban captured Kabul. Click here to read…

Bangladesh

Argentina reopens embassy after 45yrs – Daily Star

Overwhelmed by Bangladesh’s support for the Argentine football team that went on to win the FIFA World Cup 2022, Argentina reopened its embassy in Dhaka yesterday, 45 years after it had closed it. “The people of Bangladesh never forgot to show love for Argentina. So, we today humbly came here and reopened the embassy in Bangladesh as a new channel to cement our relations,” Argentine Foreign Minister Santiago Cafiero said, inaugurating the embassy in the city’s Banani in the afternoon. Click here to read…

Bangladesh adds 44 countries in the list of dual citizenship, total rises to 101 – NewsOnAir

Bangladeshi citizens can now avail citizenship of 44 more new countries while keeping their Bangladeshi citizenship.The decision to expand the existing list of 57 countries to 101 countries for which the Bangladeshi people can keep dual citizenship was cleared by the cabinet on Monday. Out of these 44 countries 19 countries are in Africa, 12 countries are in South America, 12 countries are in the Caribbean region and one in Oceania. The new list includes Egypt, South Africa, Kenya, Algeria, Sudan, Brazil, Bolivia, Argentina, Peru, Chile, Cuba, Trinidad and Tobago, Barbados and Fiji among others. Click here to read…

Khaleda Zia is disqualified from participating in any election, says Bangladesh Law Minister – First Post

Bangladesh Law Minister Anisul Huq has clarified the confusion over Khaleda Zia’s involvement in the upcoming polls. “Khaleda has been released from jail temporarily for medical treatment. Apart from that, her current physical condition is not suitable for politics,” the law minister said while speaking at an event in Brahmanbaria on Saturday. Khaleda Zia is named in two corruption cases, the law minister added. “While one case has already been tried, the other one is still under trial. As per Article 66 of the constitution, she is disqualified from participating in any election due to being sentenced,” said Huq. Click here to read…

Bhutan

Bhutan aims to eliminate malaria by 2025 – The Print

Bhutan, which had earlier failed to meet targets for the elimination of malaria in 2018 and 2020, now aims to eliminate the disease by 2025, The Bhutan Live reported. Bhutan’s Health Minister said that cross-border issues in the south especially during the COVID-19 pandemic have hampered the country’s progress to eliminate malaria. Click here to read…

Maldives

President concludes unofficial visit to Singapore – Raajje

President Ibrahim Mohamed Solih has concluded his unofficial visit to Singapore. The President departed on the unofficial visit to Singapore on 20 February. He returned to Malé on 26 February. His last unofficial trip to Singapore was in October 2022. The president had made four previous trips to Singapore in 2022, the first being from February 10 – 15 and the second being from February 23 – March 6. Click here to read…

Maldives: Persistent Threat – Eurasia Review

Maldives recorded no terrorism-linked fatality in 2022, as in 2021. The abduction and killing of blogger Yameen Rasheed by a local affiliate of Al-Qaeda on April 23, 2017, was the last fatal incident of terrorism recorded in the country. There have, however, been at least nine terrorist attacks in the country since the Rasheed killing, including three in 2019, four in 2020 and one each in 2021 and 2022. Click here to read…

Myanmar

Beyond the Headlines: China’s special envoy meets ethnic armed organisation representatives on Myanmar visit – Myanmar Now

Members of the anti-regime People’s Defence Force (PDF) in the junta capital of Naypyitaw launched two handmade rockets into a compound where the 2031st Air Defence Battalion is based at 9:30am on February 22. The explosives struck a building in the site, which is some 23 miles southeast of Naypyitaw’s centre, according to a spokesperson of the resistance group. He added that they could not confirm the extent of the damage caused by the attack, but described it as a “test hit.” Click here to read…

Nestle to close factory, head office in Myanmar – Vietnam Plus

Swiss food giant Nestle is set to halt all production in Myanmar, but it has yet to give a time frame, according to international media. This is the latest foreign company planning to draw back from the country. A spokesperson of Nestle said on February 27 that due to the “current economic situation”, Nestle’s factory in Yangon, as well as its head office, will “cease operations”. Click here to read…

Chairman of Myanmar’s USDP meets youths in Yangon – The Star

Khin Yi, chairman of Union Solidarity and Development Party (USDP) met with youths at Myanmar Convention Center(MCC) in Yangon Region, on Saturday (Feb 25). In attendance was USDP’s vice-chairman Myo Zaw Thein, Yangon Region USDP’s chairman Khin Maung Soe who is also USDP’s CEC, the CEC members from USDP’s headquarter and 3,226 youths in the Yangon region. Click here to read…

Nepal

Nepal heads towards fresh instability as Oli ditches Prachanda – Economic Times

India’s key northern neighbour Nepal may again be heading towards political instability with KP Oli led – CPN-UML – on Monday withdrawing its support to Prachanda-led government following a rift over backing the main opposition party’s candidate for the presidential polls. However, the exit of CPN-UML may not immediately affect the Prachanda-led government, which is supported by the Nepali Congress (NC) which has 89 MPs in the House. Click here to read…

Community cooperation across Nepal-India border saves lives during floods – the Third Pole

Nagdev Yadav is president of the Community Development and Advocacy Forum Nepal (CDAFN), an NGO involved in coordinating local stakeholders to ensure the functioning of the early warning system. He tells The Third Pole that the system helps around 64,000 people every year in Nepal and India. CDAFN’s counterpart in India is an NGO called Yuganter. Its executive director Sanjay Pandey says around 10,000 families in India benefit from the system. Government agencies in both countries, including Nepal’s Department of Hydrology and Meteorology and Bihar State Disaster Management Authority, provide support to the system from time to time. Click here to read…

India hands over Madan Bhandari Memorial College built with Indian assistance to Nepal – ANI News

Indian Ambassador to Nepal Naveen Srivastava handed over the college building of Madan Bhandari Memorial College, Kathamndu, built with Indian assistance to Nepal. Click here to read…

Pakistan

Pakistan economic crisis results in big layoffs; 1 million textile workers to be hit – Business Today

The industrial sector in Pakistan is preparing for more job cuts and a sharp decline in production. As a result of the economic uncertainty that has gripped Pakistan, more than 1 million informal workers in the textile sector are likely to be impacted, National Trade Union Federation Pakistan (NTUF) Secretary General Nasir Mansoor said. Click here to read…

Forces ready to take ‘fight back to the enemy’ if war imposed on Pakistan: Army – The Hindu

Pakistan’s civil and military leadership said on Monday that the armed forces were ready to take the “fight back to the enemy” if a war was imposed on the “peace-loving nation”. In a statement on the anniversary of an aerial skirmish between the air forces of India and Pakistan, the army said that Chairman Joint Chiefs of Staff Committee, three services chiefs and the armed forces “pay tribute to the resilience of the nation and resolve of armed forces displayed during Operation Swift Retort”. Click here to read…

Defaulting Pakistan takes the steam out of CPEC – The Print

The China-Pakistan Economic Corridor (CPEC) project that was commenced a decade ago was held as a harbinger of prosperity for Pakistan. However, seven years later, many projects under the CPEC still remain non-starters while some of those being operational have become liabilities and are incurring losses. Click here to read…

Sri Lanka

Pakistan Navy Chief calls on President – Daily News

Chief of the Pakistan Navy Admiral Muhammad Amjad Khan Niazi who is currently on an official visit to Sri Lanka met President Ranil Wickremesinghe at the President’s Office yesterday (27). During the discussion, the emphasis was placed on enhancing maritime regional cooperation between Sri Lanka and Pakistan, alongside exploring opportunities for the further expansion of maritime activities between the two nations. Symbolizing this meeting, the Pakistan Navy Chief presented a commemorative gift to President Wickremesinghe. A group of senior naval officials from both countries attended the event. Click here to read…

Sri Lanka: Authorities must exercise restraint in use of force and facilitate the right to peaceful assembly – Amnesty

Responding to the news that one protestor had been killed and dozens injured as a result of the unlawful use of water cannons and tear gas by the police in Colombo in Sri Lanka on Sunday, Harindrini Corea, Regional Researcher for the Right to Protest at Amnesty International said, “It is worrying that even after months of widespread protests in the country, the Sri Lankan police needs to be constantly reminded of their duty to facilitate the right to freedom of peaceful assembly and exercise restraint in the use of force while policing assemblies. Their actions over the last several months have cost the lives of many peaceful protestors including another death today. Click here to read…

Ranil proposed winding up UNP – Daily Mirror

United National Party (UNP) Leader Ranil Wickremesinghe had proposed to wind up the party following its humiliating loss at the last elections, former Minister Navin Dissanayake revealed. Dissanayake said that Wickremesinghe had several discussions with party seniors and questioned the relevance of the UNP after it lost the elections. However, some UNP members wanted the party to continue, especially since some UNP supporters did not vote
at the last General Election. “I was firmly of the view that we can get those UNPers back,” he said. Click here to read…

Afghanistan

Russia Turns To Taliban For Weapons; Reports Claim After Iran & N.Korea, Moscow Eyes US Arms In Afghanistan – The EurAsian Times

With no western support for the upkeep of this weaponry, it may be easier for the Taliban to decide on sending them over to Moscow. According to the Kremlin officials cited by the British media report, Putin wants to supply his soldiers in Ukraine with these Western weapons. The General SVR channel alleges: “Putin is overseeing negotiations with the Taliban to recognize the Taliban government. In return, the Russian leadership is offering a major arms and military equipment swap.” Click here to read…

Afghanistan: Taliban to set new rules on women’s aid work, UN says – BBC News

Taliban ministers have told a senior UN official they plan to draw up new guidelines to allow Afghan women to work in some humanitarian operations. Martin Griffiths told the BBC he had received “encouraging responses” from a wide range of Taliban ministers during talks in Kabul, even if last month’s edict banning Afghan women working for NGOs is not reversed. Click here to read…

AK Doval expected to visit Moscow in February for Afghanistan dialogue – Economic Times

National security advisor AK Doval is expected to visit Moscow next month for a regional dialogue on Afghanistan. Doval will also hold con,.n rights situation. India hosted this dialogue in 2021 followed by Tajikistan in 2022. Last month, India also hosted Central Asian NSAs with a special focus on Afghanistan. Click here to read…

Afghanistan’s Kamal Khan Dam and the Helmand River Treaty – The Diplomat

The opening of the Kamal Khan Dam in March 2021 reignited an old dispute between Iran and Afghanistan over the allocation of water in the Helmand River. The river is considered to be one of Afghanistan’s natural lifelines. It’s the country’s longest and runs into Hamoun Lake, which lies on the border between the two neighbors. Neither the Helmand River Treaty nor customary international law denies Afghanistan the right to construct dams over the Helmand River. Click here to read…

Twenty terrorist groups ‘with foreign objectives’ operating in Afghanistan– The National News

Twenty extremist groups are entrenched in Taliban-controlled Afghanistan with eyes on targets abroad, a security expert has said. In a chilling warning to the international community, Arian Sharifi suggested the landlocked country has become a breeding ground for terrorists looking to establish or re-establish themselves. Click here to read…

Bangladesh

Bangladesh’s seaports: Securing domestic and regional economic Interests – Hindustan Times

Bangladesh is one of the fastest growing economies globally. Over 90% of the country’s international trade is through the ports of Chattogram and Mongla, which also provide the neighbouring countries an access to the sea for trade and connectivity. This paper seeks to assess the significance of the two seaports in advancing Bangladesh’s domestic trade development, and their role in facilitating maritime commerce in the Bay of Bengal region. Click here to read…

PM Hasina: Govt preparing to hold free, fair election – Dhaka Tribune

Prime Minister Sheikh Hasina on Thursday said her government is taking all kinds of preparations to hold the next general election in a free and fair manner. “The next election will be free and fair, and we are taking all kinds of preparations,” she said when the outgoing Swiss ambassador, Nathalie Chuard, called on her at her parliament office. Click here to read…

BNP to stage road marches on 4 days in Dhaka – New Age

The main opposition Bangladesh Nationalist Party on Thursday announced that it would observe a road march programme in the capital on four days to demand the ‘restoration of democracy’ as part of its ongoing anti-government movement. BNP secretary general Mirza Fakhrul Islam Alamgir announced the demonstration event in a press conference at the Naya Paltan BNP central office in the capital. Click here to read…

Bhutan

India committed to its unique partnership with Bhutan, says PM Modi – the Print

Prime Minister Narendra Modi thanked his Bhutan counterpart Lotay Tshering for his warm wishes on the Republic Day and said India is committed to its unique partnership with the neighbour. “Thank you @PMBhutan Dr. Lotay Tshering for your warm wishes! India is committed to its unique partnership with Bhutan for the progress and prosperity of both our nations,” PM Modi said in a tweet. Click here to read…

Are China and Bhutan talks on resolving border dispute a headache for India? – Wion News

Bhutan may emerge as a fresh reason for disputes between neighbours India and China, the latest geopolitical developments indicate. Media reports have mentioned that Beijing has been infesting settlements of villages across the disputed regions, even though China promised to attempt to settle border disputes with Bhutan. Click here to read…

Bhutan could borrow Nu 7.39B more as non-hydro debt this FY – Kuensel

With the country’s non-hydro debt recording at Nu 73.22 billion(B) as of December last year, the government has an opportunity to borrow an additional Nu 7.39B in fiscal year 2022-23. This is because the Public Debt Policy 2016 prescribes that the non-hydro external debt should not exceed 35 percent of the country’s gross domestic product (GDP) during a five-year plan period. Click here to read…

Pakistan

Pakistan Rupee Slumps To Record Low, Crisis-Hit Nation Seeks Bailout – NDTV

Pakistan’s currency fell to a record low of ₹ 255 against the US dollar on Thursday, according to local media reports. The tumble comes after the cash-strapped government relaxed its grip on the exchange rate to win much-needed loans from the International Monetary Fund (IMF). Pakistan’s money exchange companies removed the limit on the dollar-rupee rate from Wednesday, and said they will let the local currency drop slowly in the open market. Click here to read…

No backchannel diplomacy between Pakistan and India: Khar – Dawn

Minister of State for Foreign Affairs Hina Rabbani Khar said on Thursday that ever since the incumbent government came to power, there has been no backchannel diplomacy going on between Pakistan and India “untold to the rest of the world”. “At this moment, there is no such thing under way,” she said during a Senate session. Click here to read…

IMF mission to visit bankrupt Pakistan to discuss bailout program – Times Now

An International Monetary Fund (IMF) mission will travel to Pakistan later this month to discuss the ninth review of the nation’s ongoing funding program, which it has stalled, the lender’s resident representative announced on Thursday, as the cash-strapped country’s economy is in disarray. The IMF provided Pakistan with a $6 billion bailout in 2019, which was increased by an additional $1 billion in 2018. Click here to read…

Pakistan poll panel announces April elections in two provinces – AlJazeera

Pakistan’s election commission has set final election dates for two provinces whose assemblies were dissolved earlier this month as part of former Prime Minister Imran Khan’s bid to force early national polls. Provincial votes have historically been conducted alongside national elections, but Pakistan’s constitution also says new polls must be held in a province within 90 days of the dissolution of its assembly. Click here to read…

Russia’s Kabulov Meets Pakistan’s Khar, Discusses Afghanistan – Tolo News

Russian special envoy Zamir Kabulov met with Hina Rabbani Khar, Pakistan’s State Minister of Foreign Affairs, and discussed regional issues including Afghan peace and security, a Pakistan Foreign Ministry spokesperson said. Pakistan’s Khar said that Afghanistan due to its location has an important role in achieving its full potential in socio-economic development and regional connectivity and urged the international community to continue extending assistance and support. Click here to read…

Maldives

Maldives welcomed more than 133,000 tourists by Thursday – Raajje

More than 133,000 tourists have been welcomed so far in January. This was revealed by the Ministry of Tourism in its latest daily statistics, publicized on Wednesday. Since the new year began, Maldives welcomed a total of 133,000 visitors by Wednesday, which according to the ministry is an increase of 28.8 percent from the 103,236 arrivals recorded in the same period last year, and a significant increase from the 70,614 arrivals recorded in 2021. Click here to read…

Ali Faiz appointed new High Commissioner of Maldives to Sri Lanka – Raajje

A new Maldivian high commissioner has been appointed to Sri Lanka. President Ibrahim Mohamed Solih made the appointment on Wednesday. Appointed as the new High Commissioner of the Republic of Maldives to the Democratic Socialist Republic of Sri Lanka is Ali Faiz. His letter of credence was handed to him during a ceremony held at the President’s Office. Click here to read…

Myanmar

Myanmar opium farming booming after coup: UN – Mizzima

Opium poppy production in Myanmar ramped up dramatically following the 2021 military coup, the UN’s drugs office said Thursday, as political and economic turmoil drove farmers to cultivate the crop. The country’s economy has been paralysed following the military power grab in February 2021 and subsequent fighting between the junta and anti-coup rebels. Click here to read…

Myanmar junta plans poll with strict rules for political parties – Aljazeera

Myanmar’s military government took an early step toward holding parliamentary elections, but it did so by imposing strict rules on political parties that may make fair balloting difficult. The country has been under sanctions, including by the US and EU, since the coup in 2021 that toppled the civilian government led by Aung San Suu Kyi. Click here to read…

China ‘exploited’ insecurity among tribal communities on India-Myanmar border: research paper – The hindu

China has “exploited” the sense of alienation and insecurity among tribal communities along the India-Myanmar border — who have been protesting against the fencing being undertaken along the border — in order to “cause insurgency and instability” in northeastern India, according to a research paper written by a police officer and submitted at a conference last week. It added that insurgents sourced their arms from China and brought them into India via Myanmar. Click here to read…

Nepal

Nepal plane crash: Singapore to analyse black boxes – Mid-Day

Singapore*s Transport Ministry will analyse black boxes recovered from the crash site of Yeti Airlines flight 691 at the request of the investigation authorities in Nepal, officials said. The flight smashed into a gorge on its final approach to the newly opened Pokhara International Airport on January 15, killing all 72 people on board. It was the country*s worst air crash in 30 years. The Transport Ministry*s (MOT) Transport Safety Investigation Bureau (TSIB) will help retrieve and read the data from the plane*s flight recorders, said an MOT spokesperson in a statement on Thursday. Click here to read…

‘NC prefers consensus, not power sharing’ – The Himalayan Times

Nepali Congress Spokesperson Prakash Sharan Mahat said the party had decided to support the government led by CPN-Maoist Centre Chair Pushpa Kamal Dahal to establish national consensus. In his address to a press meet organised by Nepal Press Union, Banke, here today, spokesperson for the major opposition said the party had given vote of confidence to the government at the call of the prime minister and it was committed in its effort to cultivate the ground for national consensus rather than joining the government. Click here to read…

Sri Lanka

India’s timely help ensured Sri Lanka’s economic survival during crisis: Sri Lankan envoy Moragoda – The Hindu

India’s support to Sri Lanka during its economic crisis, that External Affairs Minister (EAM) S. Jaishankar underlined during his visit to Colombo last week has opened a new chapter in ties between the neighbours, says Sri Lankan High Commissioner to India Milinda Moragoda. Click here to read…

China’s EXIM bank gives Sri Lanka debt extension – Daily Mirror

China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s foreign ministry said on Thursday, confirming a Reuters report earlier this week. EXIM offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters. Regional rivals China and India are the biggest bilateral lenders to Sri Lanka, a country of 22 million people that is facing its worst economic crisis in seven decades. Click here to read…

Sri Lankan industries should prepare for the transition to the digital economy: President – Colombo Page

President Ranil Wickremesinghe pointed out that the industrial education and training opportunities in Sri Lanka should be improved by introducing modern technology required to surpass the new industrial technology and digital economy of the fourth and fifth industrial revolutions. Click here to read…

Afghanistan

Aid Chief Says NRC Cannot Work without Women: Tolo News

The Secretary General of the Norwegian Refugees Council, Jan Egeland, said on Monday that without female staff, they cannot work and will not work in Afghanistan. Egeland arrived in Kabul on Sunday to meet with the Islamic Emirate’s officials about the ban on women aid workers. “I am here in Afghanistan to meet Taliban leaders and try to find a way to get out of the current ban on our female workers, which is paralyzing all our humanitarian work in Afghanistan,” he said. Click here to read…

United Nations provide clarification on the cash shipments to Afghanistan: The Khaama Press

The United Nations Mission in Afghanistan has distributed a press release providing clarification on the cash shipments to Afghanistan. The statement read that The United Nations transported cash to Afghanistan for use by UN agencies. The UN uses the money to carry out its missions in Afghanistan, mainly to provide life-saving humanitarian aid to the many millions of Afghans in need. Click here to read…

Bangladesh

Bangladesh, US discuss defence cooperation – New Age

Bangladesh and the United States on Monday discussed defence cooperation, Indo-Pacific Strategy, development cooperation, maritime safety and security, strengthening capacities of law enforcing agencies and cyber security. The two sides also discussed different bilateral issues of mutual interests and priorities, particularly in the sectors of humanitarian assistance, Rohingya repatriation and resettlement. Click here to read…

Chinese FM lands in Dhaka for stopover – Daily Star

China’s new Foreign Minister Qin Gang landed in Dhaka at 2:00am today for a two-hour stopover on his way to five African countries. “The Chinese foreign minister will have the stopover from 1:00am as the plane carrying him will refuel at the Dhaka airport,” a foreign ministry official said. Qin, who was Chinese ambassador to the US, will visit Ethiopia, Gabon, Angola, Benin and Egypt from January 9 to 16. Click here to read…

After getting out of jail, Fakhrul vows to intensify movement – Daily Star

Soon after getting out of jail today, BNP Secretary General Mirza Fakhrul Islam Alamgir took a fresh vow to intensify the ongoing movement to oust the government and restore democracy and people’s voting rights. “The more they repress us, the more people will burst into anger and defeat them through a movement,” he said. Click here to read…

Bhutan

India-Led Hydro Project Handed Over to Bhutan – NEBM

Bhutan is the world’s first and only, carbon-negative country thanks to its focus on clean energy and environmental protection. India has immensely supported the government to make the Mangdechhu Hydroelectric Project a reality which was handed over in December 2022. The North-Eastern states of India are similar to Bhutan in resources and topography and will benefit from gaining a perspective of the pros and cons of hydropower generation.Click here to read…

Indian tour operators to help promote Bhutan as a high-end destination – Kuensel

While the concern was that the Sustainable Development Fee of Nu 1,200 imposed on tourists from India would restrict tourists from the neighbouring country, a group of 36 tour operators from India had better ideas, in line with the tourism policy. The group during a recent visit committed to promote Bhutan as a quality tourism destination by bringing quality tourists. They appreciated the policy and wanted to help Bhutan fulfill the policy of high-value, low-volume tourism. Click here to read…

All Powers Combined: Why It’s Time for An India-Bangladesh-Bhutan-Nepal Regional Electricity Grid – Swarajya

2023 will be a difficult year for the world economy, is more or less certain. For the first time since the end of the Cold War; the US, Europe and one-time growth engine China, are together entering a recessionary phase. 2023 will be tough. Time for Bangladesh and Nepal to expand energy trade with India, to survive the double attack of low export opportunities and high import bills. Click here to read…

Maldives

Pravasi Bharatiya Diwas: India saved us from COVID, says Maldives minister – New Indian

Maldives deputy minister speaks to The New Indian at Pravasi Bharatiya Diwas convention. He speaks on several facets of India-Maldives relationship. Minister Saudulla Ahmed thanks India for helping Maldives during Covid crisis. ‘India has helped Maldives in sectors of health, education and infrastructure development’. Ahmed seeks New Delhi’s help to develop aviation, IT and construction sectors in Maldives. Click here to read…

Covid-19 caseload continues to drop across Maldives – Raajje

Maldives continues to confirm low numbers of weekly Covid-19 cases. This was revealed by the Health Protection Agency (HPA) in its latest figures publicized on Monday. As such, over the past week, Maldives confirmed nine new Covid-19 infections out of which just two were detected from the Greater Malé Region and seven were reported from others including industrial islands, liveaboard vessels and resorts. Click here to read…

Myanmar

Myanmar junta keeps border gates with China closed following COVID-19 surge – Mizzima

China opened three border gates to Myanmar on 8 January, but Myanmar refused to open the gates on its side of the border, despite announcing that it would. The Chinese Embassy in Yangon said that the three border gates on the Myanmar border in China’s Ruili City in Dehong Prefecture, Yunnan Province, opposite Muse in Myanmar’s Shan north, would be opened at 8:00 a.m. on 8 January, after having been closed for the last three years. Click here to read…

Myanmar jails 112 Rohingya who tried to leave country – Aljazeera

Myanmar has jailed 112 people, including 12 children, from the minority Rohingya after they were caught attempting to leave the country. The court in Bogale in the southern Ayeyarwady region of Myanmar sentenced the group on January 6, the state-run Global New Light of Myanmar reported on Tuesday, citing local police. Click here to read…

Pro-Junta Militias Forcing Myanmar Voters to Attend Election Propaganda Sessions – The Irrawaddy

Pro-regime militias are forcing voters in Sagaing and Mandalay regions to attend election campaign meetings where junta administrators are canvassing for the military’s proxy Union Solidarity and Development Party (USDP), local sources say. Pyu Saw Htee militias have reportedly been forcing households in Shwebo and Kantbalu districts, Sagaing, and Mandalay’s Myingyan district to attend meetings on the so-called election that the junta plans to hold in August. One person per household is required to attend the meetings, where junta officials are canvassing for the USDP. Click here to read…

With Eye on Poll, Myanmar Military-Allied USDP Meets Charities, Social Groups – The Irrawaddy

The Myanmar military regime-backed Union Solidarity and Development Party (USDP) has met with some pro-junta social organizations and charities in Yangon ahead of a so-called election the junta plans to hold in August. Since he was installed as the chair of the military-backed party in October last year, Khin Yi, a former brigadier general and a henchman of successive juntas, has been doing his job, making moves to solidify the USDP’s position ahead of the planned poll. Click here to read…

Nepal

China’s new envoy vows to further enhance bilateral ties with Nepal – Business Standard

China is willing to work with Nepal to stay true to their original aspirations, join forces to seek common development and build a closer community with a shared future in the new era, the new Chinese ambassador here said on Sunday. Ambassador Chen Song, one of the senior diplomats in China, also vowed to work to write a new chapter of the strategic partnership between the two countries. Chen was appointed as ambassador to Nepal in November. However, Chen’s arrival in Nepal was delayed after he and his wife got infected with Covid-19. Click here to read…

Ruling parties commit to bring back territories – Kathmandu Post

The ruling alliance has promised to play an effective role to bring back territories. According to the ruling coalition’s common minimum programme document unveiled on Monday, the government will try to bring back the territories of Limpiyadhura, Kalapani and Lipulek that are currently under India. Click here to read…

Nepal PM set to take vote of confidence in parliament, parties remain undecided – The Print

Nepal’s newly appointed Prime Minister Pushpa Kamal Dahal aka Prachanda is set to test the floor of parliament on Tuesday amid the uncertainty whether the parties on board will vote for him or not. Prachanda last month broke off a democratic-communist alliance forging another alliance with CPN-UML (Communist Party of Nepal- Unified Marxist Leninist) and five other parties along with 2 other independent lawmakers. Click here to read…

Pakistan

$10.7b pledged as Pakistan races against time: The Express Tribune

Pakistan on Monday said that donors had so far committed $10.7 billion to help it recover from last year’s devastating floods at the International Conference on Climate Resilient Pakistan which was co-hosted by the government of Pakistan and the United Nations in Geneva. Click here to read…

Skyrocketing prices making flour inaccessible: The News

The highly subsidised 10 and 20kg flour bags in Punjab province are still short in supply despite issuance of wheat to mills in sizeable quantity. The price of 15kg bag went through the roof as it is available at around Rs133 per kg or over Rs2000 per bag. The whole wheat flour on the other hand soared to Rs150 per kg in the province. Click here to read…

Talks with IMF end without ‘breakthrough’: The Express Tribune

The purpose of the meeting was to reach a consensus on the measures that would ensure the negotiations for the 9th programme review. But surprisingly, the finance ministry tweeted that Finance Minister Ishaq Dar and IMF Mission Chief Nathan Porter “discussed challenges to regional economies in the wake of climate change”. Sources from Geneva told The Express Tribune that Pakistan would have to take certain measures before the IMF sent a staff-level mission. Last week, Prime Minister Shehbaz Sharif had announced that the IMF team would visit Pakistan in three days for programme negotiations – a deadline that has already passed. Click here to read…

Sri Lanka

SL welcomes over 20,000 tourists in first week of Jan. – Daily Mirror

Sri Lanka continues to maintain the momentum in tourist arrivals witnessed over the last few weeks, as it welcomed over 20,000 international visitors in the first seven days of the New Year. The provisional data released by the Sri Lanka Tourism Development Authority showed that for the January 01-07 period, a total of 20,875 tourists entered the country. When compared with the corresponding period of the previous year, the arrivals were up by a marginal 1.6 percent. Click here to read…

Sri Lanka out of intensive care, but still in the trauma ward – East Asia Forum

If there’s a silver lining to the hard years ahead for Sri Lanka, it is to be found in the hope that its elites will never allow a repeat of the abysmal policymaking that its people are now paying for with their economic livelihoods. Click here to read…

Indian envoy highlights strengthening connectivity with India, SL for benefit of both countries – Daily Mirror

Indian High Commissioner Gopal Baglay stressed the importance of strengthening connectivity with India for enhancing pilgrimages, tourism, trade and economic benefits for the people of both countries. The High Commissioner highlighted that India has executed projects of over USD 1 billion in the Railways sector under 5 Indian LOCs. In addition, projects of about USD 180 million are either ongoing or in pipeline under existing LOCs. He underscored the importance of modernization of Railways in enhancing mobility of goods and services in Sri Lanka thereby boosting economic activity. He stated that India will work with Sri Lanka to introduce green and sustainable transport solutions. 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

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

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).
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.
Click here to read…

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.

Click here to read…

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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