Tag Archives: Economy

VIF Neighbourhood News Digest – January 04, 2023

Afghanistan
Afghanistan, Uzbekistan Settle New Electricity Agreement Amid Winter Shortages – The Diplomat

Under the new agreement, Uzbekistan will supply Afghanistan with 450 megawatts of electricity during the winter as both countries suffer from outages. Perhaps the first foreign official to arrive in Tashkent in 2023 was the Taliban’s Acting Energy and Water Minister Mullah Abdul Latif Mansour, who traveled north on January 1 and returned to Kabul the next day with an agreement on the export of electricity to Afghanistan from Uzbekistan. Click here to read…

ISKP Possess a Major Threat to Taliban’s Authority in Afghanistan: Report – Republic World

The regional affiliate of the Islamic State (ISIS) terrorist organization, the Islamic State of Khorasan Province is engaged in a power tussle with the Taliban in Afghanistan. The Taliban is ironically seeking international support in order to contain terrorism and improve its record pertaining to human rights, the Afghan Diaspora Network reported. As per reports, ISKP aims to threaten the Taliban’s efforts to establish diplomatic relations with international organizations such as the United Nations and various NGOs in the region. Click here to read…

Pakistan announces new restrictions on transit of Afghan commodities – Devdiscourse

Pakistan has imposed new restrictions on the transit of Afghan commodities, the Joint Chamber of Afghanistan-Pakistan Commerce on Monday said, Tolo News reported. The new restrictions announced by Islamabad will create hurdles for traders to transfer their products through Karachi port. Najibullah Safi, head of the Joint Chamber, said that the Pakistan government has increased the invoice of commodities, including tyres, electric devices, medicines and oil and sugar. As per the news report, Afghanistan imports its commodities from China, Indonesia, India and European nations through Karachi port. Click here to read…

Bangladesh
Adani Godda Power Plant: Bangladesh likely to get 750MW by March – The Daily Star

Bangladesh will start getting electricity from India’s Adani Godda Power Plant in March, said Nasrul Hamid, the state minister for power, energy and mineral resources. According to the Power Purchase Agreement (PPA) signed between Bangladesh Power Development Board and Adani Power (Jharkhand) Ltd on the import of 1,600MW electricity, the first unit of the power plant (750MW) was supposed to be in operation on January 5 last year. Click here to read…

Bangladesh to import 1 lakh tonnes of rice from India, Singapore –New Age

The government is going to procure 1 lakh tonnes of non-basmati rice to bolster the supply chain of the country’s main staple food against the backdrop of high inflation. Two suppliers — one each from India and Singapore —have been selected by the food ministry through international tenders for supplying the amount of rice equally – 50,000 tonnes from per supplier – at a total estimated cost of Tk 423 crore, said the food ministry officials. Click here to read…

India eyes Bangladesh as market for range of military hardware – Hindustan Times

During recent visits to India, Bangladesh Air Force personnel visited facilities where such aircraft are maintained, the people said. Bangladesh Air Force chief, Air Chief Marshal Shaikh Abdul Hannan, toured facilities in Chandigarh and Mumbai during a visit to India in December 2021Click here to read…

Bhutan
Hand to mouth if not poor – Kuensel Online

The poverty analysis report found out that 80,614 Bhutanese are poor or living below the poverty line of Nu 6,204 per person per month. At 12.4 percent, the poverty rate is a cause of concern. It is high and comes at a time when the country is said to be making rapid progress to graduate from the club of least developed countries to a middle-income level country by the end of this year. Although the criteria for graduation are Gross National Income per capita, Human Assets Index and Economic Vulnerability Index – meeting at least two of the thresholds in two consecutive triennial reviews, poverty is included among the last mile challenges identified with education and health. Click here to read…

Maldives
Three China airlines announce plans to resume Maldives flight routes – Edition

Three airlines from China have announced their plans to resume flight routes to the Maldives. Maldives Airports Company Limited (MACL) revealed that Hong Kong Airlines, China Eastern Airlines, and Beijing Capital have announced their plans to resume flights once more. Meanwhile, Hong Kong Airlines has already acquired flight slots from January 1 through the end of March. The airline is expected to operate three weekly flights. Click here to read…

Maldives economy bounces back to pre-COVID-19 levels – Avas

The Maldives’ economy has returned to pre-COVID-19 levels, Finance Minister Ibrahim Ameer has announced. The minister’s announcement comes as the International Monetary Fund (IMF) said in a statement after a staff visit to the Maldives that the Maldives’ economy is growing rapidly. Minister Ameer Sunday said the economy was brought back to pre-COVID-19 levels due to the strong measures taken to overcome the pandemic and the results of the government’s economic policy. Click here to read…

Myanmar
Myanmar junta marks Independence Day with show of force in military-built capital – Channel News Asia

Myanmar troops and weaponry paraded through the military-built capital Naypyidaw to mark the country’s Independence Day on Wednesday (Jan 4), days after the junta jailed democracy figurehead Aung San Suu Kyi for 33 years. Swathes of the Southeast Asian country have been engulfed by fighting between junta troops and anti-coup rebels since the military seized power almost two years ago. Click here to read…

Myanmar Crisis among Indonesia’s Challenges as ASEAN Chair – The Irrawaddy

Over the course of 25 years of democratic transformation that followed the Suharto era, whenever Indonesia served as the ASEAN chair, new ideas and plans seemed to mushroom. The ASEAN Charter and ASEAN Outlook on the Indo-Pacific (AOIP) are the latest examples of the ways in which Indonesia, the world’s third-largest democracy, has sought to shape the future of the regional organization, of which Jakarta is one of the founding fathers. Click here to read…

Myanmar Junta Prepares for Name Change as End of Emergency Rule Looms – The Irrawaddy

Two years of emergency rule declared by Myanmar’s military after seizing power from an elected civilian government will end on Jan. 31. The expiry of emergency rule prompts the question of whether the military regime will hand power back to acting president U Myint Swe. Junta chief Min Aung Hlaing will no doubt make moves to maintain the military’s grip on power ahead of its plan for a so-called election in August. According to sources in Naypyitaw, the regime is likely to form a “transition council” in which U Myint Swe will play a role. Click here to read…

Nepal
Indian Agnipath Scheme And Its Nepalese Conundrum – News18

Now that the new government has been formed in Nepal with Pushpa Kamal Dahal, also known as Prachanda, it will shape the national policies in days to come including the direction of the bilateral relationship with India. One of the policies will include accepting the Agnipath scheme as a new model of recruitment. India is principally right to extend the same terms and conditions to Nepalese citizens for recruitment, as has been done for Indian citizens without any caste, creed, or religious and regional considerations. The current prime minister of Nepal, having been part of Maoist ideology, has to be much more sensitive before a decision is taken in this regard. Click here to read…

Nepal-China: Border is open, not the trade – The Annapurna Express

After nearly three years of disturbances, China on Dec 28 opened the Rasuwagadi border point even for exports of Nepali goods in line with the end of China’s ‘Zero Covid’ policy. Chinese officials in Kathmandu have said more two-way trade routes will be opened in 2023. “The two-way trade at the Pulan/Yari port will resume in early 2023. This will provide an opportunity for Nepali exporters to export more goods to China,” said Wang Xin, Charge de Affaires of the Chinese Embassy in Kathmandu addressing the inauguration program of Pokhara Regional International Airport on Sunday. Click here to read…

Nepal Telecom postpones 5G trials, says there aren’t enough devices – RCRWireless

State-owned Nepal Telecom has postponed its 5G trial by several weeks, citing a dearth of compatible mobile devices. Specifically, the carrier will conduct its trial using the 2.6 GHz airwaves that it obtained from telecom regulator Nepal Telecommunications Authority (NTA). But, according to Nepal Telecom, not enough devices in the country support this frequency. Click here to read…

Nepali farmers line up to sell paddy while imports surge – The Kathmandu Post

As per Birgunj Customs, Rs5.25 billion worth of Indian paddy entered Nepal between November 21 and December 30. Nepali farmers endured a chemical fertiliser shortage during the paddy transplantation period in June. They began harvesting their crops in November, and now they are facing another hardship—selling them. Nepali farmers are expected to harvest 5.48 million tonnes of paddy this fiscal year, which is 7 percent more than last year, despite a crippling shortage of chemical fertiliser during the key transplantation period in the monsoon. Click here to read…

CPN (US) to intensify process of unifying leftists – The Himalayan

Deputy General Secretary and Head of Propaganda Department Jagannath Khatiwada informed that the party’s Politburo meeting today gave responsibility to the party’s central secretariat to take concrete initiatives on left-wing unity, cooperation and building a front. The party has become a prisoner of indecision regarding the government. The standing committee and politburo meeting that was held for four days failed to form any opinion about the government. Instead, it became a prisoner of indecision and handed over the responsibility to the secretariat. Click here to read…

Pakistan
TTP challenges Pakistan’s sovereignty, declares own government – First Post

In a direct challenge to the sovereignty of the Pakistan government and the country’s military establishment led by the Pakistan Army, the Tehreek-e-Taliban Pakistan (TTP) – also known as the Pakistan Taliban – has announced the formation of its own government in northern Pakistan and has even declared the formation of various ministries. “Tehreek-e-Taliban Pakistan (TTP) has announced its new appointments dividing the outfit into various ministries, Defence, Judiciary, Information, Political affairs, Economic Affairs, Education, a fatwa issuing authority, Intelligence and a department for construction,” the TTP said in a statement as quoted by its mouthpiece The Khorasan Diary (TKD) publication. Click here to read…

Two Pakistan intelligence officers gunned down in Punjab province – Al Jazeera

No one has claimed responsibility for killing the officers, who were known for arresting members of the Pakistani Taliban and other armed groups. They were also known for their expertise in investigating and solving complicated cases, including gun and bomb attacks in Pakistan. Click here to read…

India-Kabul Ties: As Taliban & Pakistan Draw Swords, Can Delhi Maintain Stand? – The Quint

Certainly, growing Pakistan-Taliban animosity is good news for India. But it should tread carefully. When others were rushing to establish ties with the Taliban, India held back. Now, as International disenchantment with the Taliban grows, India should carefully calibrate its moves and desist from any unilateral actions vis-à-vis the militant group. Click here to read…

Pakistan shuts markets in evenings under energy conservation plan – The Indian Express

Pakistan government has ordered all malls and markets to close by 8:30 p.m, among other measures in a new energy conservation plan. The defence minister said this on Tuesday, as the country grapples with an economic crisis. The country’s foreign exchange reserve levels barely cover a month’s worth of imports, most of which are accounted for by energy purchases from abroad, with funds expected under an International Monetary Fund programme having been delayed. Click here to read…

Sri Lanka
Sri Lanka moving in right direction, top UN official says – ADA

United Nations Assistant Secretary-General (ASG), United Nations Development Programme (UNDP) Assistant Administrator and Director of the UNDP Regional Bureau for Asia and the Pacific, Kanni Wignaraja has applauded the plans that are underway for Sri Lanka’s social and political development. Click here to read…

Funding election under prevailing economic situation, a problem – Daily Mirror

Total state revenue is hardly sufficient to pay salaries and pensions of public servants and interest on Govt. loans; Allocation of Rs. 10 billion to the Election Commission from the interim budget 2022 cannot be brought forward to 2023; the government has no intention whatsoever to postpone LG polls as suggested by the opposition, the aragalaya and trade unionsClick here to read…

How did loss-making Sri Lankan, CPC pay bonuses? Daily News

President calls for explanation from Chairmen; CPC spends Rs. 1,200 million on bonuses; Each SriLankan employee got Rs.100, 000; Sri Lankan spends Rs.580 million on bonuses; some big wigs get more than Rs. one million as bonus. Click here to read…

VIF Neighbourhood News Digest – January 03, 2023

Afghanistan
Defense Ministry Rejects Pakistan Official’s Remarks on TTP in Afghanistan: Tolo News

The Ministry of Defense reacted to recent comments by Pakistan’s interior minister about the presence of Tehreek Taliban Pakistan (TTP) and the possibility of a raid on them by Pakistan in Afghanistan, saying that the Islamic Emirate is prepared to protect the country’s sovereignty and territorial integrity. The Ministry of Defense in a statement called the remarks provocative and baseless and said that any issues or problems should be resolved through understanding. Click here to read…

Taliban (IEA) to Prosecute Afghan Media Outlets Operating from Abroad: The Khaama Press

The Taliban courts will soon announce its decision regarding the media outlets whose executives have fled the country and run the outlet from outside the country Afghanistan International reports. Abdu Haq Hemad, director of media assessment at the Islamic Emirate of Afghanistan’s ministry of information and culture has accused the media organizations of spreading propaganda against the ruling regime. “A decision has been made regarding these media outlets. It is expected that the court’s decision will be announced in the near future,” Hemad said. He further stated that “no law allows the executive of media outlets to operate from outside and promote propaganda against the regime.” Click here to read…

Bangladesh
6 youths remanded on charge of being radicalised by al-Qaeda ideology – New Age

A Dhaka Metropolitan Magistrate Court on Monday placed six youths, who have allegedly been radicalized by the ideology of al-Qaeda and were planning to stage armed jihad in the country, on five-day remand each in a case lodged under the Anti-Terrorism Act…According to the CTTC, the arrested in primary interrogation confessed that Abdur Rab was working as the organizer and gathered the group together with the help of social networking sites. They were planning to go to Teknaf to train in extremism. Click here to read…

Bangladesh envoys asked to respond anti-Bangladesh propaganda spontaneously – TBS

Foreign Minister AK Abdul Momen has directed all Bangladesh envoys abroad to respond “spontaneously” against all sorts of anti-Bangladesh propaganda in their respective host countries without waiting for Dhaka’s permission. Click here to read…

Between the hammer and the anvil – Dhaka Tribune

The US and Russian embassies have engaged in a Twitter spat, commenting and counter-commenting on each other’s viewpoints towards Bangladesh, particularly with regard to the topic of non-interference in domestic matters like the upcoming national election and human rights issues. Click here to read…

Bhutan
Residents complain of inflation – Kuensel Online

Despite the recent measures, many residents complain that after the pandemic, goods and services prices have been soaring, forcing them to compromise on their consumption. The enactment of the Tax Act of Bhutan, 2022 last month, sales tax and customs duty of close to 142 goods have been reduced. Taxes were reduced with the aim of easing inflationary pressure in the market. Click here to read…

Maldives
Maldives assumes membership of UN Human Rights Council for 2023-2025

The Maldives has begun its membership of the United Nations Human Rights Council for the term 2023-2025. Maldives won a seat on the Human Rights Council following the elections held on 11 October 2022, in New York. The election saw 17 countries competing for 14 vacant seats. The Maldives competed in the Group of Asia-Pacific States, for one of the 4 vacant seats. Click here to read…

Export container fees decreased by nearly 75 percent

Maldives Ports Limited (MPL) has decreased fees taken from containers that are being exported from Maldives. MPL started implementing the change from 01 January, 2023 onwards. The company highlights that the change was brought to help Maldivian businesses who export their goods. MPL notes that with the changes, the fees have been decreased by nearly 75 percent. As such, the fee of MVR 4,419.03 taken from 20 feet containers has been decreased to MVR 1,132.08 and fee of MVR 8,767.51 taken from 40 feet containers has been decreased to MVR 2,264.14. Click here to read…

Myanmar
Acting President: 2023 Will Mark Turning Point for Myanmar’s Revolution – The Irrawaddy

Acting President Duwa Lashi La of Myanmar’s civilian National Unity Government (NUG) said in his new year’s speech that 2023 will mark the turning point in the war against military rule and called for continuous revolution. “When we are fighting against the brutalities of the terrorist military regime, resilience is really important. The regime is waiting for the time when the people and the revolutionary forces are exhausted, so all of us must continue to work hard and speed up the revolution,” Duwa Lashi La said in his state of the union address. Click here to read…

Revolutionary Armies Demand Unified Attacks on Myanmar Junta – The Irrawaddy

Myanmar’s powerful ethnic armed organizations (EAOs) have vowed to uproot the country’s military dictatorship, despite junta promises of peace talks and a general election. In his new year’s speech on Sunday, junta chief Min Aung Hlaing promised greater opportunities for ethnic minorities if the armed conflict is resolved. Click here to read…

Thailand temporarily closes a Thai-Myanmar border trade gate – Mizzima

Thailand is reported to have temporarily closed a border trade gate temporarily where Myanmar fishery and aquatic products are being exported and traded. This gate is the Mawtaung-Sinkhun Thai-Myanmar border in Myeik District, Tanintharyi Region. This border trade gate was opened on 1 August 2022. The border trade gate closed for three days in New Year holiday from 30 December to 1 January 2023. Click here to read…

Nepal
China pushes for stronger presence in Nepal, but India can breathe easy – Times Now

China wants a stronger presence in Nepal and one way is by strengthening its embassy in Kathmandu, the capital. Already a strong presence in Nepal, Beijing has asked the government of Nepal for approval to move two additional security officers in its embassy. Both will be Police Liaison Officers — one will be at a counsellor level and the other as secretary. The request is under active consideration by Nepal’s foreign and defence ministries. Click here to read…

Concerns in Nepal as Indian Supreme Court validates Modi’s demonetization move – My Republica

Nepal’s banking system holds demonetized Indian currency (IC) worth over Rs 50 million, which the Indian authorities have refused to take back. The government authorities of Nepal at various levels have requested the Indian authorities time and again to take back the banned Indian currency. Prime Minister Pushpa Kamal Dahal, in his previous stint as the PM, had requested his Indian counterpart Narendra Modi during his state visit to India in 2017 to take back the banned banknotes. Nepal had also requested high-ranking officials of the Reserve Bank of India during their visit to Nepal in January 2017, to consider taking back the Indian currency held by the Nepali banks. But all these requests from the highest political level in Nepal have gone unheard. Click here to read…

PM Dahal to take vote of confidence in parliament on January 10 – My Republica

Prime Minister Dahal needs to secure at least 138 votes in the 275-member parliament to continue his term as the prime minister. Prime Minister Dahal has registered a letter to the Federal Parliament Secretariat to put the proposal of taking a vote of confidence on the agenda of parliament on January 10– a day after the first meeting of the newly-elected House of Representatives (HoR). Click here to read…

Jayanagar-Kurtha trains will keep rolling for now – The Kathmandu Post

The Nepal Railway Company (NRC) that runs the Jayanagar-Kurtha cross-border railway has agreed to a temporary arrangement with India’s Konkan Railways Corporation Limited (KRCL) to continue operating the country’s sole railway service. The railway had come into operation from April 2022 when it was jointly flagged off by then Prime Minister Sher Bahadur Deuba and Indian Prime Minister Narendra Modi. It was considered a milestone in strengthening cross-border connectivity between Nepal and India. Click here to read…

Pakistan
The curious case of JUI-F’s sudden rise in Balochistan: Dawn

Recently, several politicians and electables have joined the Jamiat Ulema-i-Islam (Fazl), and most of them seemed confident that this is the party that would clinch a majority of seats in the upcoming elections. It is said that electables and senior politicians, who are close to the establishment, do not join a political party until prospects of its victory are assured. Despite having a decade-old presence on Balochistan’s political landscape, JUI-F has traditionally found success in the Pashtun belt of the province. However, this time around, Baloch politicians also seem to be migrating towards the JUI-F. Click here to read…

Inflation rate bounces back ahead of IMF talks: The Express Tribune

The Consumer Price Index (CPI), the inflation monitor, rose by 24.5% in December compared to the same period of last year, the Pakistan Bureau of Statistics (PBS) reported on Monday. The prices of a majority of consumer goods remained out of the reach of people, and the major surge was in rural areas where income levels were already low. The surge might force the consumers to change their expenditure patterns to spare more money to buy essential foods. Click here to read…

Imran believes establishment still involved in political engineering: The News

PTI leader and Imran Khan’s chief of staff Shibli Faraz when contacted on Monday lamented that the anti-PTI policies of the previous establishment are still continuing. Faraz spelled out the reasons for Imran Khan’s complaint against the present establishment. However, he admitted that their conclusion regarding the establishment’s involvement in political engineering to hurt the PTI is mainly based on circumstantial evidence. Click here to read…

Sri Lanka
Sri Lanka’s new austerity measure: No government jobs – Hindustan Times

Sri Lanka began a fresh austerity drive under which there will be no government recruitment. In the island nations new taxes and higher electricity prices were started as the authorities aim to secure an IMF bailout, news agency AFP reported. As one of the preconditions to securing the $2.9 billion bailout from IMF is achieving debt sustainability, Sri Lanka has been bringing new changes after the country defaulted in April as its economy went into crisis. Click here to read…

Former British PM David Cameron meets President – Daily Mirror

Former British Prime Minister David Cameron, who is on a personal visit to Sri Lanka, met President Ranil Wickremesinghe at the Presidential Secretariat yesterday, according to a statement from the President’s Media Division (PMD).
“During a friendly discussion, Mr. Cameron extended his best wishes to President Wickremesinghe for the New Year.
President’s Senior Adviser on National Security and President’s Chief of Staff Sagala Ratnayake, President’s Secretary Saman Ekanayake and Director of International Affairs for the President were also present at this discussion,” the statement said. Click here to read…

Sri Lanka’s ousted president Gotabaya Rajapaksa applies for US citizenship restoration, says report – Indian Express

The former president and his immediate family are currently in Dubai on holiday. Rajapaksa, 73, had made the appeal for the restoration of his US Citizenship after he failed to seek asylum in any country upon fleeing Sri Lanka during the anti-government protests in 2022. An appeal to restore US citizenship previously held is a costly legal process and time-consuming, the report said. Click here to read…

VIF Neighbourhood News Digest – January 03, 2023

Afghanistan
Defense Ministry Rejects Pakistan Official’s Remarks on TTP in Afghanistan: Tolo News

The Ministry of Defense reacted to recent comments by Pakistan’s interior minister about the presence of Tehreek Taliban Pakistan (TTP) and the possibility of a raid on them by Pakistan in Afghanistan, saying that the Islamic Emirate is prepared to protect the country’s sovereignty and territorial integrity. The Ministry of Defense in a statement called the remarks provocative and baseless and said that any issues or problems should be resolved through understanding. Click here to read…

Taliban (IEA) to Prosecute Afghan Media Outlets Operating from Abroad: The Khaama Press

The Taliban courts will soon announce its decision regarding the media outlets whose executives have fled the country and run the outlet from outside the country Afghanistan International reports. Abdu Haq Hemad, director of media assessment at the Islamic Emirate of Afghanistan’s ministry of information and culture has accused the media organizations of spreading propaganda against the ruling regime. “A decision has been made regarding these media outlets. It is expected that the court’s decision will be announced in the near future,” Hemad said. He further stated that “no law allows the executive of media outlets to operate from outside and promote propaganda against the regime.” Click here to read…

Bangladesh
6 youths remanded on charge of being radicalised by al-Qaeda ideology – New Age

A Dhaka Metropolitan Magistrate Court on Monday placed six youths, who have allegedly been radicalized by the ideology of al-Qaeda and were planning to stage armed jihad in the country, on five-day remand each in a case lodged under the Anti-Terrorism Act…According to the CTTC, the arrested in primary interrogation confessed that Abdur Rab was working as the organizer and gathered the group together with the help of social networking sites. They were planning to go to Teknaf to train in extremism. Click here to read…

Bangladesh envoys asked to respond anti-Bangladesh propaganda spontaneously – TBS

Foreign Minister AK Abdul Momen has directed all Bangladesh envoys abroad to respond “spontaneously” against all sorts of anti-Bangladesh propaganda in their respective host countries without waiting for Dhaka’s permission. Click here to read…

Between the hammer and the anvil – Dhaka Tribune

The US and Russian embassies have engaged in a Twitter spat, commenting and counter-commenting on each other’s viewpoints towards Bangladesh, particularly with regard to the topic of non-interference in domestic matters like the upcoming national election and human rights issues. Click here to read…

Bhutan
Residents complain of inflation – Kuensel Online

Despite the recent measures, many residents complain that after the pandemic, goods and services prices have been soaring, forcing them to compromise on their consumption. The enactment of the Tax Act of Bhutan, 2022 last month, sales tax and customs duty of close to 142 goods have been reduced. Taxes were reduced with the aim of easing inflationary pressure in the market. Click here to read…

Maldives
Maldives assumes membership of UN Human Rights Council for 2023-2025

The Maldives has begun its membership of the United Nations Human Rights Council for the term 2023-2025. Maldives won a seat on the Human Rights Council following the elections held on 11 October 2022, in New York. The election saw 17 countries competing for 14 vacant seats. The Maldives competed in the Group of Asia-Pacific States, for one of the 4 vacant seats. Click here to read…

Export container fees decreased by nearly 75 percent

Maldives Ports Limited (MPL) has decreased fees taken from containers that are being exported from Maldives. MPL started implementing the change from 01 January, 2023 onwards. The company highlights that the change was brought to help Maldivian businesses who export their goods. MPL notes that with the changes, the fees have been decreased by nearly 75 percent. As such, the fee of MVR 4,419.03 taken from 20 feet containers has been decreased to MVR 1,132.08 and fee of MVR 8,767.51 taken from 40 feet containers has been decreased to MVR 2,264.14. Click here to read…

Myanmar
Acting President: 2023 Will Mark Turning Point for Myanmar’s Revolution – The Irrawaddy

Acting President Duwa Lashi La of Myanmar’s civilian National Unity Government (NUG) said in his new year’s speech that 2023 will mark the turning point in the war against military rule and called for continuous revolution. “When we are fighting against the brutalities of the terrorist military regime, resilience is really important. The regime is waiting for the time when the people and the revolutionary forces are exhausted, so all of us must continue to work hard and speed up the revolution,” Duwa Lashi La said in his state of the union address. Click here to read…

Revolutionary Armies Demand Unified Attacks on Myanmar Junta – The Irrawaddy

Myanmar’s powerful ethnic armed organizations (EAOs) have vowed to uproot the country’s military dictatorship, despite junta promises of peace talks and a general election. In his new year’s speech on Sunday, junta chief Min Aung Hlaing promised greater opportunities for ethnic minorities if the armed conflict is resolved. Click here to read…

Thailand temporarily closes a Thai-Myanmar border trade gate – Mizzima

Thailand is reported to have temporarily closed a border trade gate temporarily where Myanmar fishery and aquatic products are being exported and traded. This gate is the Mawtaung-Sinkhun Thai-Myanmar border in Myeik District, Tanintharyi Region. This border trade gate was opened on 1 August 2022. The border trade gate closed for three days in New Year holiday from 30 December to 1 January 2023. Click here to read…

Nepal
China pushes for stronger presence in Nepal, but India can breathe easy – Times Now

China wants a stronger presence in Nepal and one way is by strengthening its embassy in Kathmandu, the capital. Already a strong presence in Nepal, Beijing has asked the government of Nepal for approval to move two additional security officers in its embassy. Both will be Police Liaison Officers — one will be at a counsellor level and the other as secretary. The request is under active consideration by Nepal’s foreign and defence ministries. Click here to read…

Concerns in Nepal as Indian Supreme Court validates Modi’s demonetization move – My Republica

Nepal’s banking system holds demonetized Indian currency (IC) worth over Rs 50 million, which the Indian authorities have refused to take back. The government authorities of Nepal at various levels have requested the Indian authorities time and again to take back the banned Indian currency. Prime Minister Pushpa Kamal Dahal, in his previous stint as the PM, had requested his Indian counterpart Narendra Modi during his state visit to India in 2017 to take back the banned banknotes. Nepal had also requested high-ranking officials of the Reserve Bank of India during their visit to Nepal in January 2017, to consider taking back the Indian currency held by the Nepali banks. But all these requests from the highest political level in Nepal have gone unheard. Click here to read…

PM Dahal to take vote of confidence in parliament on January 10 – My Republica

Prime Minister Dahal needs to secure at least 138 votes in the 275-member parliament to continue his term as the prime minister. Prime Minister Dahal has registered a letter to the Federal Parliament Secretariat to put the proposal of taking a vote of confidence on the agenda of parliament on January 10– a day after the first meeting of the newly-elected House of Representatives (HoR). Click here to read…

Jayanagar-Kurtha trains will keep rolling for now – The Kathmandu Post

The Nepal Railway Company (NRC) that runs the Jayanagar-Kurtha cross-border railway has agreed to a temporary arrangement with India’s Konkan Railways Corporation Limited (KRCL) to continue operating the country’s sole railway service. The railway had come into operation from April 2022 when it was jointly flagged off by then Prime Minister Sher Bahadur Deuba and Indian Prime Minister Narendra Modi. It was considered a milestone in strengthening cross-border connectivity between Nepal and India. Click here to read…

Pakistan
The curious case of JUI-F’s sudden rise in Balochistan: Dawn

Recently, several politicians and electables have joined the Jamiat Ulema-i-Islam (Fazl), and most of them seemed confident that this is the party that would clinch a majority of seats in the upcoming elections. It is said that electables and senior politicians, who are close to the establishment, do not join a political party until prospects of its victory are assured. Despite having a decade-old presence on Balochistan’s political landscape, JUI-F has traditionally found success in the Pashtun belt of the province. However, this time around, Baloch politicians also seem to be migrating towards the JUI-F. Click here to read…

Inflation rate bounces back ahead of IMF talks: The Express Tribune

The Consumer Price Index (CPI), the inflation monitor, rose by 24.5% in December compared to the same period of last year, the Pakistan Bureau of Statistics (PBS) reported on Monday. The prices of a majority of consumer goods remained out of the reach of people, and the major surge was in rural areas where income levels were already low. The surge might force the consumers to change their expenditure patterns to spare more money to buy essential foods. Click here to read…

Imran believes establishment still involved in political engineering: The News

PTI leader and Imran Khan’s chief of staff Shibli Faraz when contacted on Monday lamented that the anti-PTI policies of the previous establishment are still continuing. Faraz spelled out the reasons for Imran Khan’s complaint against the present establishment. However, he admitted that their conclusion regarding the establishment’s involvement in political engineering to hurt the PTI is mainly based on circumstantial evidence. Click here to read…

Sri Lanka
Sri Lanka’s new austerity measure: No government jobs – Hindustan Times

Sri Lanka began a fresh austerity drive under which there will be no government recruitment. In the island nations new taxes and higher electricity prices were started as the authorities aim to secure an IMF bailout, news agency AFP reported. As one of the preconditions to securing the $2.9 billion bailout from IMF is achieving debt sustainability, Sri Lanka has been bringing new changes after the country defaulted in April as its economy went into crisis. Click here to read…

Former British PM David Cameron meets President – Daily Mirror

Former British Prime Minister David Cameron, who is on a personal visit to Sri Lanka, met President Ranil Wickremesinghe at the Presidential Secretariat yesterday, according to a statement from the President’s Media Division (PMD).
“During a friendly discussion, Mr. Cameron extended his best wishes to President Wickremesinghe for the New Year.
President’s Senior Adviser on National Security and President’s Chief of Staff Sagala Ratnayake, President’s Secretary Saman Ekanayake and Director of International Affairs for the President were also present at this discussion,” the statement said. Click here to read…

Sri Lanka’s ousted president Gotabaya Rajapaksa applies for US citizenship restoration, says report – Indian Express

The former president and his immediate family are currently in Dubai on holiday. Rajapaksa, 73, had made the appeal for the restoration of his US Citizenship after he failed to seek asylum in any country upon fleeing Sri Lanka during the anti-government protests in 2022. An appeal to restore US citizenship previously held is a costly legal process and time-consuming, the report said. Click here to read…

VIF Neighbourhood News Digest – December 28, 2022

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…

VIF Neighbourhood News Digest – December 26, 2022

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…

VIF Neighbourhood News Digest – December 23, 2022

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…

VIF Neighbourhood News Digest – December 06, 2022

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.
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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.
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.
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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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VIF Neighbourhood News Digest – December 02, 2022

Afghanistan
Dysfunctional Banking System Contributed to Crisis: Alakbarov: Tolo News

The Deputy Special Representative of the Secretary-General and Humanitarian Coordinator, Ramiz Alakbarov, said that there are several factors that have contributed to the nation’s economic decline– “one of that is dysfunctionality of the banking system.” Alakbarov said that there has been a 20 percent reduction in income in Afghanistan since August 2021. “Since last August, we have seen a 20 percent reduction in income and output; 65 percent reduction in public spending and 50 percent decline in households,” he said. Click here to read…

US Representative to Undertake Regional Visit to Consult on Situation of Afghanistan: The Khaama Press

According to a press release from the US Department of State, and the US official’s Twitter handle, West will visit the regional countries from December 1- December 8 to consult with interlocutors. The US special representative for Afghanistan stated that during his visit, he will engage with US and Afghan partners to defend Afghans’ rights and address common security concerns. Click here to read…

Resistance Front Commander Allegedly Surrenders to Authorities in Afghanistan: The Khaama Press

The state-run Bakhtar News Agency reported on Thursday, December 1, citing security sources in Panjshir province of northern Afghanistan that a National Resistance Front (NRF) commander relinquished to the new government. “Twelve rebels led by commander Baz Mohammad and his brothers Mohammad Arez and Nek Mohammad joined the Islamic Emirate,” Bakhtar reported quoting security officials in Panjshir province. Click here to read…

Bangladesh
50 model mosques to be inaugurated this month upon PM Hasina’s approval – Dhaka Tribune

Fifty model mosques are scheduled to be inaugurated during the last week of this month if Prime Minister Sheikh Hasina approves. The information was revealed in the meeting of the Parliamentary Standing Committee on the Ministry of Religious Affairs held at Sangsad Bhaban in Dhaka on Thursday. Besides, preparations are being made to inaugurate 50 more model mosques at the end of next February. Click here to read…

Exploring new opportunities with Malaysia – Dhaka Tribune

Bangladesh and Malaysia already enjoy a strong relationship, with thousands of migrant workers and expats from Bangladesh going to Malaysia on a yearly basis. However, as has been editorialized numerous times in this newspaper, we must look to build upon and expand our relationship with other nations, especially those with whom we already have a strong bond. Click here to read…

Gaibandha by-election: Irregularities well-orchestrated – The Daily Star

The Election Commission recommended punishment for 134 officials involved in Gaibandha-5 by-polls after its probe found their involvement in irregularities and negligence in performing duties. Click here to read…

Bhutan
ACC finds risks in dredging and surface collection– Kuensel Online

The 2021-2022 year was mired with controversies in the allotment of dredging sites and surface collection in Samtse and Phuentsholing. Some proponents even complained to the Anti-Corruption Commission (ACC) seeking investigation since they suspected possible policy corruption within the government agencies. In its annual report 2021-2022 released to the media on November 29, ACC highlighted some key findings from the system study conducted on the management of surface collection and dredging of RBM. Click here to read…

Maldives
Maldives and Korea celebrate 55 years of diplomatic relations – Raajje

Maldives and Korea have celebrated 55 years of diplomatic relations A “cultural and sports” event was held on Wednesday night to mark the 55th anniversary of the establishment of diplomatic relations between Maldives and Korea. The ceremony featured various traditional Korean games and activities. Speaking at the ceremony, Korean Ambassador Jeong Woonjin said this is the first such event since the outbreak of the coronavirus. The 55th anniversary of diplomatic relations between Maldives and Korea marks a new chapter in the relationship, he said. Click here to read…

Foreign reserves decline by US$ 40 mln – Avas
The Maldives’ official reserves fell by US$40.7 million in October. The central bank, Maldives Monetary Authority (MMA)’s statistics show that the reserves have been declining month by month since April this year. The figures show that the government’s official reserves stood at US$499.6 million as of October. Click here to read…

Myanmar
Myanmar Junta Sentences Seven Students to Death – the Irrawaddy

Myanmar’s junta on Wednesday handed down death sentences to seven Dagon University students in Yangon who took part in anti-regime protests. Dagon University Students’ Union confirmed that Ko Khant Zin Win, Ko Thura Maung Maung, Ko Zaw Lin Naing, Ko Thiha Htet Zaw, Ko Hein Htet, Ko Thet Paing Oo and Ko Khant Linn Maung Maung were sentenced in closed trials by a military tribunal. The seven were arrested in April for alleged involvement in the shooting of Global Treasure Bank branch manager Saw Moe Win, a former military officer. Click here to read…

PH, Cambodia agree ‘patience’ is best way to deal with Myanmar – Philippine Information Agency

President Ferdinand R. Marcos Jr. and Cambodian Prime Minister Hun Sen agreed that “patience” is key to dealing with the deepening crisis in Myanmar. The two leaders made this remark in a bilateral meeting Thursday on the sidelines of the ASEAN summit in Phnom Penh. “So perhaps your advice Mr. Prime Minister as you have great experience in this matter, perhaps your advice to be patient, is the best that we can do right now. But we can still do more in terms of engagement in Myanmar. I’m in full agreement with you, Mr. Prime Minister, that that is the way forward,” Marcos told the Cambodian leader in the meeting. Click here to read…

Myanmar junta arms convoy from Indian border attacked

According to the Kalay People’s Defence Force (PDF) the Myanmar junta has been getting arms from India and transporting them from the border through Sagaing Region. According to the PDF, on 25 November a junta convoy carrying weapons from India travelled from Tamu Town, on the border with India in Sagaing Region, to Kalay, also in Sagaing. The arms convoy stayed overnight at the Ra-1 Prison Camp in Kalay City before continuing the next morning. They were attacked at 10:20 a.m. on 26 November, by Kalay PDF between 56 Mai Village and Mya Lay Mountain where the Kalay PDF mine squad had set mines. Click here to read…

Nepal
Dahal wants to be prime minister. Does he stand a chance? – The Kathmandu Post

Maoist chair Dahal, and Deuba reportedly have a gentleman’s agreement to lead the next government by turns; Maoist Centre insiders say Dahal wants to become prime minister for the first two and a half years. But Deuba is quietly making his own preparations to head the new government and is working to bring the Janamat Party and the Nagarik Unmukti Party, besides the Loktantrik Samajbadi Party, on board. On Thursday Deuba separately met Janamat Party chief CK Raut and Loktantrik Samajbadi Party chair Mahantha Thakur. Raut also met Dahal on Thursday evening and discussed the possibility of joining the government. Click here to read…

Utility seeks bids to supply solar power to grid – The Kathmandu Post

Nepal Electricity Authority has invited proposals from developers for setting up solar plants connected to the grid so they can sell power through competitive bidding. The NEA plans to buy a maximum 100MW of power from such solar plants proposed to be developed by the private sector at 16 locations across the country. Up to 230MW of solar power plants could be developed in those locations. This is for the first time that the state-owned power utility sought to buy solar power through bids. Click here to read…

Re-polling underway in 10 polling centres of Dolakha – The Kathmandu Post

A meeting held by the Election Commission on November 27 had decided to conduct re-polling, citing unfair play and absence of a free and fearless environment at the polling centres on November 20. According to the district’s Chief Election Officer Dilliratna Shrestha, re-polling began at 7:00 am on Thursday. Click here to read…

Nepal election: Sher Bahadur Deuba as PM may make US and India feel more comfortable — but that doesn’t mean stability – Indian Express

In a strategically located country, the fact that both the US and India will feel more comfortable working with Deuba, given their past experience of his help in reducing China’s influence, which grew during Oli’s tenure. But that does not guarantee a stable government. The Opposition — UML and others — will be far stronger after the elections and hold the government to account. The era of imposed consensus and “fast-track” methods, which allowed governments to circumvent rules and procedures is likely to end. Click here to read…

Pakistan
No formal talks or agreement with TTP, says Rana Sanaullah: Dawn

A day after an attack claimed by the banned Tehreek-i-Taliban Pakistan (TTP) took the lives of four people in Quetta, Interior Minister Rana Sanaullah denied the initiation of formal talks with the terror outfit and vowed a crushing response by security forces to nip the terror threat in the bud. Click here to read…

No criticism of new chief and army, Imran Khan directs PTI leaders: The News

PTI Chairman and former prime minister Imran Khan has directed his party leaders and social media team to ensure that there is no criticism of the army and the new COAS General Asim Munir. According to a PTI source, Imran Khan in a Whatsapp group of party leaders and PTI social media managers directed, “Please ensure there is no criticism of the new Chief and Army Staff.” Click here to read…

November inflation eases to 23.8pc: The News

Pakistan’s Consumer Price Index (CPI) inflation eased to 23.8 percent in November 2022 from 26.6 percent in October, mainly due to a slowdown in house-rent, utility charges, food and transportation expenses, the Pakistan Bureau of Statistics (PBS) reported on Thursday. Click here to read…

‘$4b’ flood aid received so far: The Express Tribune

The Senate Standing Committee on Planning and Development was informed on Thursday that Pakistan had so far received financial foreign assistance worth over $4 billion to support flood relief activities in the country. Officials from Economic Affairs Division informed the committee that out of the total financial assistance, the international development partners had extended an amount of $3.64 billion in the form of loans and $435.03 million in the form of grants. Click here to read…

Sri Lanka
President: Sri Lanka can be converted to a ‘Regional Hub’ of education in Asia – Daily News

We annually spend US$ 3 billion when our students go abroad for higher education. Developing the education sector is a step taken for the betterment of the future generations. We can earn US$ 10 billion if we develop the education sector as a Regional Hub. Click here to read…

Debate stresses need for Foreign Service Reforms – Daily News

Some attempts were made to divert the focus on Foreign Policy and Foreign Service earlier this week during the debate on the votes for the ministry in the Budget 2023. The diversionary tactics included the focus to shift towards recent malpractices of a third secretary in Sri Lanka Embassy in Oman and on the efforts to solve the ethnic issue and devolution of power. Click here to read…

VIF Neighbourhood News Digest – November 22, 2022

Afghanistan
Acting Min. Muttaqi Meets with Norwegian Charge d’Affaires: Tolo News

The Islamic Emirate’s acting foreign minister, Amir Khan Muttaqi, met with Norway’s chargé d’affaires in Afghanistan to discuss political and humanitarian cooperation. Amir Khan Muttaqi said during the meeting that attempting to leverage Afghanistan is useless and that the international community should instead choose the path of engagement. Click here to read…

Kabul Province Students Complain of Lack of Buildings, Teachers: Tolo News

Students complain of a lack of buildings and of teachers in the Khaki Jabbar District of Kabul. They said that the cold weather has made it difficult for them to continue their education and that they lack a proper space to study. “We ask them to build structures for us, because even when it rains we sit here,” said Hasib, a student. “The shop was cold, we came out and here the ground is wet, we ask them to build buildings for us, it’s cold here, we can’t study, we all get sick here,” said Mohammad, another student. Click here to read…

Yesterday’s Military Men, Today’s Coal Mining Workers; Mine Collapse Kills 2 Miners: The Khaama Press

Two military men of the fallen Afghan government, who worked at a coal mine in the northern province of Afghanistan after the Taliban’s takeover of the country, died after the mine collapsed, local sources said. Click here to read…

Events in motion to have new chief within the week: Dawn

Prime Minister Shehbaz Sharif on Monday sought a defence ministry summary for the appointment of the new army chief, along with the service dossiers of all prospective candidates, as the government seems set to name outgoing Chief of Army Staff Gen Qamar Javed Bajwa’s successor by Friday. Click here to read…

Bangladesh
New Indian envoy calls on Momen – Dhaka Tribune

Newly appointed Indian high commissioner in Dhaka Praney K Verma yesterday made his maiden call on foreign minister Dr. AK Abdul Momen at the foreign ministry. Both considers India as the closest and the most important neighbor and termed the relations as “Solid and Unique one”. Momen stressed on Bangladesh as a “Regional Connectivity Hub” and India being the closest neighbor can reap the benefits of the connectivity outlook. He also referred to Indo-Pacific region, stressing upon the need for international rules and norms based free and fair connectivity amongst the countries of the region. Whereas the Indian envoy stressed upon the India’s Presidency of G20 and Bangladesh’s active participation to promote issues of mutual interest in the global discourseClick here to read…

21st century is Asia-Pacific century – New Age

THE US empire is going to face competition in the Asia-Pacific. Years ago, the empire could not have imagined it. The competition will be tougher. To the empire, the Asia-Pacific region was its own yard, a self-sphere for maneuvering, forward positioning to counter the then-Soviet Union and China, dominance, and resource and labor exploitation. All the economic potentialities of the region were within easy reach of the empire. That was the reality, and the empire imagined that this reality would perpetuate. Click here to read…

A red alert indeed – The Daily Star

We are shocked to learn that two militants escaped police custody from the Dhaka court premises on Sunday. Reportedly, four cops were escorting the two death-row convicts along with ten other militants to the prison cell when unidentified individuals attacked a constable, and snatched the two. Both were members of the banned militant outfit Ansar Al Islam, and convicted in the murder cases of slain publisher Faisal Arefin Dipan and blogger Avijit Roy. Such dangerous criminals being on the loose, amid suspicions of a resurgence in militant activities fueled by mysterious disappearances of young men in recent months, is indeed concerning. Click here to read…

Bhutan
Govt. recommends loan rescheduling to resolve NPLs – Kuensel Online

The government has recommended rescheduling the loan repayment period to the Royal Monetary Authority (RMA) to resolve non-performing loans (NPL), Finance Minister Namgay Tshering said. Suppose the loan repayment period is extended from 10 to 20 years, it could benefit both the lenders and the borrowers, he said when quizzed by the Nanong-Shumar MP Lungten Namgyel on NPLs in the National Assembly on November 18. Click here to read…

Maldives
Maldives-Mauritius boundary dispute; the unspoken – Edition

For years Maldives has maintained its position regarding the boundary conflict it has with neighboring Mauritius, claiming the former’s decision to vote against the 2019 International Court of Justice (ICJ) advisory opinion has never been about supporting colonizers to maintain their colonial control – but rather it was always tied to the fears over Maldives possibly having to relinquish territorial control from part of its border, specifically by the disputed line. Click here to read…

Structural Issues Plague the Fight Against Terrorism in the Maldives – European Eye on Radicalisation

Known for being a popular tourist destination, the Maldives is facing a lesser-known challenge of extremism. It has more than 1,400 extremists residing within the country and is also holds the world’s highest record for foreign terrorist fighters per-capita. With the growing awareness of this challenge, the Maldives has undertaken various institutional, technical, and legal initiatives in recent years to tackle the problem. However, its reforms weigh thin against its broader domestic structural challenges that fuel extremism. Prevalent political, economic and social conditions, directly and indirectly, contribute to the country’s extremist challenges and even fuel them further. Click here to read…

Myanmar
India’s foreign secretary visits Myanmar, discusses border management – Business Standard

India’s Foreign Secretary Vinay Mohan Kwatra on Monday concluded a two-day visit to Myanmar during which he discussed issues relating to border management and security. Kwatra’s visit came amid escalating violence between ethnic armed organisations and the Myanmar army that could have some impact on the border regions in India’s northeastern states. Click here to read…

Russia, Myanmar Only States to Use Landmines in 2022, Report Says – VOA

Russia and Myanmar are the only two countries to have used antipersonnel mines this year, according to the latest annual report from the International Campaign to Ban Landmines (ICBL). Neither country is among the 164 states that are party to the 1997 Mine Ban Treaty. Click here to read…

Myanmar crisis: Rights expert urges Korea to play ‘enhanced leadership role’ – UN News

Concluding a six-day official visit to the Republic of Korea (ROK), a UN-appointed independent human rights expert urged the country to help reverse the international community’s failure to address the crisis in Myanmar by taking the regional lead in ending violence against civilians there. “The Republic of Korea can play a vital leadership role in denying the Myanmar junta the means to continue holding 54 million people hostage while becoming a leader in providing humanitarian support to those in desperate need’’, said Tom Andrews, UN Special Rapporteur on the situation of human rights in Myanmar, in a statement on Monday. Click here to read…

Nepal
Nepal poll results signal upset – Nepali Times

While early results show that the rivalry between the Nepali Congress (NC) and CPN-UML that dates back 30 years is still as fierce as ever, Nepal’s politics may be seeing the dawn of a new era. The reason for this appears to be mainly that many supporters of the NC and Maoist-Centre voted for independents or rebel candidates, rejecting the alliance of convenience between the right and left-wing parties. Although the UML is also losing a lot of votes to new and independent candidates, the opposition UML appears to have been able to better ride out the storm. Click here to read…

Rastriya Swatantra Party emerges as third largest in initial PR votes count – My Republica

The newly-formed Rastriya Swatantra Party (RSP)-led by Ravi Lamichhane has stood third in the Proportional Representation (PR) electoral system in the initial vote counting. According to the EC data, the ruling Nepali Congress (NC) has secured 7,881 votes and the CPN-UML 6,486 votes under the PR electoral system. CPN (Maoist Center) is trailing behind the RSP with a total of 2464 votes followed by RPP with a total 1813 votes so far. Click here to read…

Could the rise of Rastriya Swatantra Party boost anti-federal forces? – The Kathmandu Post

The newly formed Rastriya Swatantra Party, which is doing rather well in the federal elections based on votes secured in the early stages of vote-counting, didn’t field candidates in provincial elections. Lamichhane is not the only next-generation leader with reservations over the current provincial setup. Balen Shah, mayor of the Kathmandu Metropolitan City, was also seen avoiding casting votes for provincial candidates. After Shah cast his vote in federal elections, the police personnel present at the polling booth appeared to have asked him to also vote for provincial assembly candidates. He ignored the call. Click here to read…

Pakistan
Pak-Afghan border reopens after a week: Dawn

Pakistan on Monday reopened its border with Afghanistan at Chaman, which remained closed for a week hampering trade between the two neighbouring countries as well as the movement of people through the Friendship Gate. Click here to read…

Pakistan’s default risk worsens: The Express Tribune

The perception of Pakistan’s risk of default has worsened with the five-year credit default swap (CDS) surging by 30 percentage points in a week to 93% on Monday ahead of the repayment of $1 billion for a maturing international bond early next month. Click here to read…

Inquiry into Bajwa family tax record leak ordered: The Express Tribune

Finance Minister Ishaq Dar has taken serious notice of the illegal and unwarranted leakage of tax information of the family members of General Qamar Javed Bajwa, Chief of Army Staff (COAS), according to a statement issued by the Ministry of Finance on Monday. Click here to read…

Sri Lanka
Govt’s intention to resume negotiations on FTAs – Secretary to the President – Daily News

The Government’s intention was to resume negotiations on Free Trade Agreements (FTAs), said Secretary to the President Saman Ekanayake. It is the vision of the President that Sri Lanka will integrate with the global value chains and with the largest economies in South Asia and East Asia and then expand to the eastern region linking to the Regional Comprehensive Economic Partnership (RCEP). Further, the Secretary to the President invited private sector stakeholders to creatively engage in this development initiative as they are the ultimate beneficiaries.He made these observations during an awareness session on the resumption of negotiations of Free Trade Agreements held for Trade Chambers and Industry Advisory Committees at the Finance Ministry in November (16). Click here to read…

ADB to help set up University on Climate Change – Daily News

The Commonwealth and the Asian Development Bank (ADB) have come forward to help Sri Lanka to set up a University on Climate Change, Senior Advisor to the President and United National Party (UNP) Deputy Leader Ruwan Wijewardene said.He said that the above was agreed during the meetings held on the sidelines of the COP 27 in Egypt. He pointed out that a number of countries, including the United States, the United Kingdom, Japan and Korea are willing to help Sri Lanka to face the impacts of climate change, adding that the Government intends to discuss with them in the near future. Click here to read…

President assures his support to expand Scout Movement – Daily News

President Ranil Wickremesinghe assured to provide the necessary assistance to expand the Scouting Movement by increasing its membership to 200,000 covering all nine provinces by 2024. The President also mentioned that he would seek the support of the Ministry of Education and the Ministry of Youth Affairs for this purpose. The Sri Lanka Scout Association officially conferred the title of Chief Scout and Patronus to President Ranil Wickremesinghe yesterday morning (21) at the President’s Office, where he made these comments. Click here to read…

VIF Neighbourhood News Digest – November 18, 2022

Afghanistan
Participants at Moscow Format Release Joint Statement: Tolo News

The participants of the Moscow Format discussed the current situation in Afghanistan with an emphasis on regional security, military-political stability, socio-economic and humanitarian issues, a joint statement of the meeting participants saidClick here to read…

Taliban Reaffirm Afghanistan Not a Threat to Other Nation: OIC Meeting: The Khaama Press

In a meeting with representatives of the Organization of Islamic Cooperation (OIC), the second deputy prime minister Mullah Abdul Salam Hanafi reaffirmed Afghanistan soil will not be a threat against other countries. Click here to read…

Bangladesh
Towards stronger ties with Singapore – Dhaka Tribune

Bangladesh’s next step in its economic journey is shedding its LDC tag and becoming a full-fledged middle-income economy this year. As has been reiterated time and time again, this transition shall not be easy, and it will require significant planning. Bangladesh is hoping that Singaporean entrepreneurs pay heed to the prime minister’s words and explore the investment opportunities Bangladesh offers. Simultaneously, we must continue to not only establish ties with other nations, but continue to work on our overall business climate, that remains far from ideal, so that we truly become a desirable destination for foreign investment. Click here to read…

BGB, BSF reaffirm vow to bring down border killings to zero – Dhaka Tribune

A five-day regional commander level border conference between Border Guard Bangladesh (BGB) and Indian Border Security Force (BSF) ended in Kolkata on Wednesday renewing the consensus in bringing down the border killings to zero level…The two sides also agreed to conduct joint patrolling at risky bordering areas, strengthen awareness-raising program and take up various socio-economic development programClick here to read…

Home minister in New Delhi to join international conference on terror financing – Dhaka Tribune

Home Minister Asaduzzaman Khan arrived in India’s New Delhi on Thursday to attend an international ministerial conference on how to deal with terror financing, including legitimate and illegitimate funding routes. The third ministerial “No Money for Terror” conference, organized by the Indian government in New Delhi on Friday and Saturday, will be attended by representatives of 76 countries to discuss terrorist financing and related issues. Home ministers of about 20 countries including Russia, France, Australia, Indonesia, and Singapore are expected to participate in the event. Click here to read…

Bhutan
CMD, WAPCOS visited Punatasangchhu Hydroelectric Projects in Bhutan – PSU Connect

Shri R. K. Agrawal, CMD, WAPCOS & NPCC visited Punatasangchhu-I (P-I), 1200 MW and Punatsangchhu-II (P-II), 1020 MW Hydroelectric Projects in Bhutan on 16th November 2022. Shri S. K. Yadav, Managing Director (PHPA-I) and Shri R. K. Chandel, Managing Director (PHPA-II) along with their respective teams were present. WAPCOS is the Engineering Consultant for both the Projects. Click here to read…

Maldives
Maldives: Achieving debt sustainability might prove difficult – ORF Online

Finance Minister Ibrahim Ameer told Parliament that at 108 percent of the GDP, ‘debt sustainability is the biggest target’ of his budget in the new fiscal, beginning in January. In reality, balancing the debt is challenging, especially because the presidential election is due in the last quarter of 2023. Apart from unanticipated expenses that could not be put off as always, in popular democracy, demands from various sections, both within Parliament and outside, will entail additional allocations. Click here to read…

Myanmar
A Must-Read Guide to Myanmar Junta’s Deadly Air Strikes – The Irrawaddy

Since shortly after the coup, the Myanmar military regime has been consistently launching air strikes across the country in an attempt to crush local resistance forces it designates as “terrorist” groups. As the junta is losing the ground battle, the aerial bombing campaign has sharply escalated in recent months with near daily attacks in the resistance strongholds of Sagaing and Magwe regions and Kayah, Karen and Chin states. Using helicopters, jet fighters and surveillance drones, the junta has also deliberately and indiscriminately attacked civilian targets in those areas, inflicting heavy casualties on local residents including children. Click here to read…

Myanmar Will Not Hold an ‘Election’ in August 2023 – The Irrawaddy

An election is understood to mean “a formal and organized choice by vote of a person for a political office or other position.” Myanmar’s junta has claimed it will organize an ‘election’ for August 2023. Don’t call it what it isn’t. The junta’s event, whatever it is and looks like, will in no way be an election. If analysts, media, and diplomats use the term ‘election’, the onus is on them to justify and prove why and how exactly it wasn’t legitimate when in fact it wasn’t even what happened. Click here to read…

Some Political Prisoners Among Almost 6,000 Freed in Myanmar Junta Amnesty – The Irrawaddy

Myanmar’s military regime released some political prisoners including a minister from the country’s ousted National League for Democracy (NLD), the party’s spokesperson, a former student leader and an anti-regime activist Buddhist monk among almost 6,000 prisoners granted amnesty on Thursday. Click here to read…

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Nepal
Ruling alliance appeals for votes for its candidates – The Kathmandu Post

In a joint appeal issued a few hours before the commencement of the silence period, the four-party alliance solicits votes promising political stability and prosperity. The coalition said that the threat of regression has not yet subsided, and said that if the alliance does not get a majority, the same trend may return. The leaders have claimed that the goal of the alliance is to prevent any kind of attack on the constitution and raise the country to the level of a developing country by completing development projects on time. Click here to read…

Interview: ‘Monarchy in Nepal Will Mean More Respectful Ties With India, China’: RPP Leader – The Wire

Asserting that a return to monarchy would help Nepal to build a strong bulwark against foreign interference, a senior official of Nepal’s pro-royal party also noted that the border controversy – or the new political map depicting disputed territories under India’s control – is not an issue that will find resonance with the electorate in the current general elections. With Nepali citizens disenchanted with traditional politics, RPP hopes to capture some of the frustration this time with more votes. Click here to read…

Forex reserves increase by $130m in one month – The Himalayan Times

Significant improvement in remittance inflow coupled with import restrictions on certain non-essential goods seem to have propped up the country’s foreign exchange reserves, which rose by $130 million in the one-month period between mid-September and mid-October, as per the latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) today. Click here to read…

Pakistan
‘Unrealistic’ flood cost baffles IMF: The Express Tribune

Pakistan on Thursday had to concede to the International Monetary Fund’s (IMF) demand to exhibit the flood reconstruction cost in this year’s budget after the global lender found the projected relief operation estimates of Rs251 billion or $1.1 billion “unrealistic”. Click here to read…

Imran believes threat to his life still very much there: The Express Tribune

PTI Chairman and former premier Imran Khan has said that there still remained a threat to his life even after an assassination attempt in Wazirabad earlier this month. Imran was wounded on November 3 in the shooting at a rally, part of a rolling march that he has led to press for a general election, since he was ousted in a parliament vote in April. Click here to read…

‘Neither president nor PTI will object to new COAS appointment’: The News

Pakistan Tehreek-e-Insaf chief Imran Khan and his party will neither want a confrontation with the new military establishment nor President Dr Arif Alvi will show any resistance or create any hurdle in the appointment of the army chief by Prime Minister Shehbaz Sharif, a senior PTI leader has claimed. Click here to read…

PM Shehbaz Sharif consults PDM on army chief appointment: The News

Prime Minister (PM) Shehbaz Sharif has made consultations with the senior leadership of allied parties of the government prior to the appointment of the new army chief. The allied parties have reportedly fully mandated the premier for making the appointment as per set procedure and traditions. Click here to read…

Sri Lanka
Sri Lanka – South Africa ties based on economic cooperation and investment – Daily News

South African President Cyril Ramaphosa who was in Sri Lanka for a short visit on Wednesday (16) after attending the G20 Summit in Bali, Indonesia met with President Ranil Wickremesinghe at the Katunayake Air Force base for bilateral discussions. The discussions were focused on further strengthening the bilateral relationship aiming at economic cooperation and investment, expanding tourism in Sri Lanka, and receiving South African assistance, guidance and counseling in setting up a credible truth-seeking mechanism to achieve a lasting reconciliation amongst communities.The two state leaders exchanged mementoesClick here to read…

Reforms and Investor Confidence – Daily News

Realising this imperative need, President Wickremesinghe presented a reforms-filled Budget 2023, in his capacity as the Minister of Finance earlier this week. The budget is aimed at making the Government less of a burden on the Treasury and the Government would make reforms to change the economy. At the same time he dismissed the critics who alleged that the reforms were done due to the conditions laid down by the International Monetary Fund (IMF). “The economic reforms we are bringing are not limited to the reforms agreed upon with the IMF. The economic reforms proposed by the IMF are limited to economic stabilisation only,” he said. He did not refrain from telling the people about the truthful situation in the country. “There is no future for the country by continuing on this popular path. There is no prosperity for the country by giving concessions while being in debt to others. So, let’s get out of this situation now. Let’s change our thinking patterns.” Click here to read…

President to inaugurate Sri Lanka Economic Summit on Dec. 5 – Daily News

The upcoming Sri Lanka Economic Summit 2022, (SLES 2022) one of the most anticipated annual economic event in Sri Lanka, will be inaugurated by the Chief Guest, President Ranil Wickremesinghe, under the theme Resetting from Turmoil to Opportunity on December 5, at the Shangri-La Hotel, Colombo. SLES 2022 is scheduled to be held on December 5 and 6 as a hybrid summit. This year the Summit will focus on key levers that will lead to macroeconomic stability, charting a course toward sustainable revival as the country embarks on the monumental task of economic recovery. Click here to read…