Tag Archives: India-Maldives

Neighborhood News Digest – 03 February 2023

Afghanistan
Taliban welcome India’s funds announcement for Afghanistan in Budget 2023-24 – Wion News

Taliban welcomed the Indian announcement for Afghanistan in the Union Budget 2023-24, which was presented on Wednesday by Finance Minister Nirmala Sitharaman. New Delhi announced a development assistance of Rs 200 crore ($24.3 million) for the country in the budget, which was the same amount announced in last year’s budget as well. Click here to read…

Leaked Documents Show Qatar Bribed Prominent Leaders a Month before the Collapse of Afghanistan – The Khaama Press

Italian TG1 News Network has revealed an investigative report showing that Qatar had paid Ashraf Ghani, Marshal Dostum, and Atta Mohammad Noor $110, $ 51, and $61 Million, respectively, not to fight against Taliban fighters. The Italian state-run network has recently published three documents that indicate the receipt of bribes to the prominent leaders of Afghanistan a month before the collapse of the previous government in Afghanistan. Click here to read…

Pak expects sincere coop from Afghanistan to address terrorism: FO – Pakistan Observer

The Foreign Office said on Thursday that Pakistan expected “sincere cooperation” from the interim Afghan government to address the “challenge of terrorism”. The remarks came a day after Acting Afghan Foreign Minister Amir Khan Muttaqi said that Pakistan should not put the blame for the Peshawar suicide bombing on Kabul. Click here to read…

Denmark to grant asylum status to Afghan women ‘solely based on gender’ – First Post

Denmark has announced that it will grant asylum to all Afghan women owing to their worsening condition in the Taliban-ruled nation. Flygtningenævnet, the Danish Refugee Appeals Board stated that asylum status will be granted to all female applicants “solely based on their gender”. Citing a report from the European Union’s Agency for Asylum, the appeals board said that asylum status would be given to women as the “accumulation of various measures introduced by the Taliban affect the rights and freedoms of women and girls in Afghanistan.” Click here to read…

Bangladesh
Bangladesh gets $476m IMF loan as first instalment – Dhaka Tribune

Bangladesh has received the first instalment of $476 million from the International Monetary Fund (IMF) out of the $4.7 billion loan package. The disbursed amount has already been added to the country’s foreign exchange reserves and it currently stands at $32.69 billion, up from $32.19 billion a day earlier, Bangladesh Bank Spokesperson Md Mezbaul Haque told Dhaka Tribune. IMF approved Bangladesh’s $4.7 billion loan proposal during a board meeting on Monday. Bangladesh will get the remaining amount in six equal instalments of $704 million each. The country will get around $3.3 billion under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) and about $1.4 billion under the Resilience and Sustainability Facility (RSF), according to an IMF press release issued on Tuesday. Click here to read…

Bangladesh wants revision of 2017 power purchase deal with Adani Power – TBS

Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. “We have communicated with the Indian company seeking revision of the agreement,” an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the “high coal price” to be purchased for the Adani plant at India’s Jharkhand emerged as the key factor for the dispute. Click here to read…

Govt restricts entry of 69 US-sanctioned Russian ships – New Age

The Bangladesh government has instructed the authorities concerned not to allow any of the 69 mother vessels of seven Russian companies sanctioned by the United States to enter the country’s ports. The Mercantile Marine Office, Chattogram, issued a circular to this effect on January 16, mentioning the IMO (International Maritime Organisation) ship identification numbers so that they were not allowed to avail of any services, including certification, renewal, refuelling, and insurance, in Bangladesh territory. Click here to read…

Bhutan
Exporters seek solution to West Bengal’s Suvidha system hindering exports – Kuensel Online

Bhutanese exporting to Bangladesh via India are facing inconveniences in exporting after West Bengal’s government implemented the online web-based vehicles facilitation system, ‘Suvidha’ app. On January 4, the West Bengal government revised the fee for the Suvidha system from the uniform rate of INR 2,000 to INR 10,000 for non-perishable goods, INR 5,000 for boulders and INR 3,000 for perishable goods at the Changrabandha land custom station (LCS). Click here to read…

No improvement for Bhutan on corruption index – Kuensel Online

Bhutan scored 68 points consecutively for the fifth year in a row and has been ranked 25 for the second consecutive year in Transparency International’s (TI) Corruption Perception Index (CPI) 2022 released on January 31. Bhutan is among 124 countries that have stagnant scores and has been consecutively placed in sixth position in the Asia and Pacific Region for the past 10 years. Click here to read…

Cabinet approves Nu 65M sovereign guarantee for BLDCL – Kuensel Online

The Cabinet approved the provision of a sovereign guarantee to Bhutan Livestock Development Corporation Limited (BLDCL) in availing loan amount of Nu 65 million (M) for the automated poultry processing line project. The Cabinet directed the approval of borrowing to the finance ministry on January 30 after the Finance Ministry proposed a sovereign guarantee on January 12. Click here to read…

Maldives

Indian tourists experience the best of Maldives – Dajji World

Maldives has become the latest destination in South Asia to join Mastercard’s coveted Priceless program, a carefully curated list of destinations that offer exclusive experiences to its cardholders from around the world. The program is expected to bolster Maldives’ tourism industry while showcasing the unique and authentic experiences that the country can offer to a global audience. Click here to read…

India Budget 2023: Increase in funds for Maldives, Bhutan, support for Afghanistan continues – WION News

The Government of India has allocated Rs 2,400 crore for Bhutan, a slight increase compared to last year of Rs 2,266 crore, and Rs 400 crore to the Maldives. India has been involved in a number of infrastructure projects in the Maldives, including the Greater Malé Connectivity Project. Click here to read…

Myanmar
Indonesia should lead the way in helping Myanmar’ pro-democratic movement – The Jakarta Post

Those were two of the main conclusions that an International Parliamentary Inquiry (IPI) into the global response to the crisis in Myanmar, organized by ASEAN Parliamentarians for Human Rights (APHR), reached in a report published in November. The report laid bare the many inadequacies of the international community on Myanmar, in particular how it has hidden behind ASEAN, despite the regional bloc’s evident fecklessness in managing the issue so far. Little has changed since the report came out. Click here to read…

After extension of emergency, Myanmar declares martial law in 37 towns – Business Standard

Myanmar’s State Administration Council has declared martial law in 37 towns of four regions and four states in the Southeast Asian country. According to the council’s orders issued Thursday night, the 37 towns are 11 from Sagaing region, seven from Chin state, five each from Magway and Bago regions, four from Kayah state, two each from Taninthayi region and Kayin state and one from Mon state respectively, Xinhua news agency reported. Click here to read…

Myanmar junta participation cancelled at ASEAN tourism meeting – Myanmar Now

Indonesia appears to have halted a Myanmar military council official’s planned attendance at a tourism conference to be held by the Association of Southeast Asian Nations (ASEAN) this week in Yogyakarta. The ASEAN Tourism Forum (ATF), slated to be hosted in the Indonesian city from February 2-5, comes shortly after Indonesia assumed chairmanship of the regional bloc for the year 2023. Click here to read…

ASEAN foreign ministers to meet in Indonesia under shadow of Myanmar crisis – Business Standard

Southeast Asian foreign ministers are meeting in Indonesia’s capital Friday for talks bound to be dominated by the deteriorating situation in Myanmar despite an agenda focused on food and energy security and cooperation in finance and health. Click here to read…

Nepal
Nepal not included in Chinese govt’s tourist destinations list – My Republica

China is not only a friendly country of Nepal but also a neighboring country. China has been interested in Nepal’s internal and international affairs, but China has neglected the development of tourism here, which is linked to Nepal’s economic development. Click here to read…

RSP urged to defer decision on quitting – The Himalayan Times

The Rabi Lamichhane-led Rastriya Swatantra Party will wait for two days before deciding whether or not it should leave the government over home portfolio. RSP Spokesperson Mukul Dhakal told mediapersons after his party’s central committee met parliamentary party lawmakers that Lamichhane received calls from Prime Minister Pushpa Kamal Dahal, CPN-UML Chair KP Sharma Oli, and Rastriya Prajatantra Party Chair Rajendra Lingden during the meeting requesting him to wait for two days before decide on withdrawing support to the government. Click here to read…

Pakistan
Pakistan’s foreign exchange reserves drop to $3.09b – The Express Tribune

Pakistan’s foreign exchange reserves held by the central bank decreased by 16.1% to $3.09 billion in the week ending Jan 27, the State Bank of Pakistan (SBP) said on Thursday, which analysts said covers less than three weeks of imports. The country is locked in negotiations with the International Monetary Fund (IMF) to release much-needed money under a stalled bailout programme. Click here to read…

Terror surge provides govt opportunity to negotiate with arch-rivals – Dawn

In a move that is being seen as a significant development amid rising political temperatures in the country, Prime Minister Shehbaz Sharif on Thursday convened a multi-party conference (MPC) to discuss “important challenges” being faced by Pakistan. According to an announcement by Information Minister Marriyum Aurangzeb, the MPC will be held in Islamabad on Feb 7, for which an invitation has also been extended to PTI chairman and former prime minister Imran Khan. Click here to read…

Operation underway to tackle TTP in Punjab-KP border area – Dawn

The Punjab police on Wednesday morning launched a grand counterterrorism operat­ion in the highly complex and inac­cessible hilly areas of Mian­wali district, hours after some heavily equipped militants of the banned Tehreek-i-Taliban Pakis­tan (TTP) attacked a police station in the area in the dead of the night. Click here to read…

Time to amend water treaty with Pakistan – Deccan Herald

India’s frustration with Pakistan’s obstructionist approach has culminated in its notification to Islamabad calling for negotiations to amend the Indus Waters Treaty (IWT). The treaty, brokered by the World Bank and signed in 1960, gives India control over the waters of the eastern rivers—the Beas, Ravi and Sutlej, and Pakistan control over the western rivers—the Indus, Chenab and Jhelum. While the IWT has survived upheavals in bilateral relations, including wars, it has in recent decades seen the two sides pointing accusing fingers at each other. Click here to read…

Sri Lanka
EU to Provide EURO 18 mn to upgrade social security – Daily News

European Union has decided to provide Euros 18 million for a programme to improve the social security system in Sri Lanka, Finance State Minister Shehan Semasinghe said. State Minister Semasinghe said focus has also been made on making the welfare programme more efficient.He added that a comprehensive discussion was held on Wednesday with a delegation of the European Union (Sri Lanka and the Maldives) with the aim of identifying areas to upgrade the social security system in Sri Lanka. Click here to read…

Indian minister V. Muraleedharan to attend Sri Lanka’s Independence Day celebrations in Colombo – Wion

Minister of state in India’s Ministry of External Affairs V. Muraleedharan will be representing India at Sri Lanka’s Independence day celebrations on Saturday. Sri Lanka this year marks its 75th National Independence celebrations. The island-nation in India’s south will be focusing on new reformist program for the next 25 years. The main ceremony of the National Independence Day celebrations will take place at the Galle Face Green led by Sri Lankan President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. During the country’s independence celebrations, special commemorative stamps will be released, including of first Prime Minister of India Jawaharlal Nehru. Click here to read…

Sri Lanka’s powerful Buddhist clergy opposes full implementation of 13A to grant political autonomy to Tamils – The Print

Sri Lankan President Ranil Wickremesinghe’s plan to fully implement India-backed 13th Amendment to grant political autonomy to the minority Tamils received a blow on Thursday as the powerful Buddhist clergy expressed strong opposition to the move, claiming it challenges the unitary nature of the country. The four chief prelates of the main Buddhist sects handed over a letter to Wickremesinghe in the central town of Kandy. The letter charges that Wickremesinghe’s plan had created dissent in the country as the move challenges Sri Lanka’s sovereignty. Click here to read…

Neighborhood News Digest – 02 February 2023

Afghanistan
Taliban Tell Pakistan Not to Blame Afghanistan for Mosque Bombing – VOA News

Afghanistan’s Taliban rulers Wednesday rejected allegations their territory was used in this week’s mosque bombing in Pakistan, urging the neighboring country to thoroughly investigate such terror acts before blaming others. Taliban Foreign Minister Amir Khan Muttaqi told a gathering in the capital, Kabul, that Pakistani officials should find a solution to their security challenges locally and desist from “sowing the seeds of enmity” between the two Muslim countries. Click here to read…

Afghanistan Ranks 150th on Corruption Perception Index – Tolo News

In a recent report released by Transparency International, Afghanistan was ranked 150 in the Corruption Perception Index (CPI) in 2022 out of 180 countries. According to the report, Afghanistan has climbed 24 places compared to 2021 when the country was ranked 174 out of 180 countries. Somalia was ranked as the most corrupt nation in the world. Click here to read…

Dam inaugurated in Afghanistan – DT Next

Afghan authorities have inaugurated a dam in Afghanistan’s southern Zabul province to irrigate more than 700 hectares of land, provincial governor Mawlawi Qudratullah Abu Hamza said on Wednesday. The reservoir, which was officially inaugurated and put into use on Tuesday, stores 450,000 cubic meters of water and would facilitate farmers to irrigate more than 700 hectares of land in Tana Sah area and its vicinity, the official was quoted as saying by Xinhua news agency. Click here to read…

Budget 2023: Development aid for war-torn Afghanistan unchanged, cuts for Sri Lanka & Myanmar – The Print

Allocation to external affairs ministry for development assistance to foreign countries & projects fell 13% to estimated Rs 5,848.58 crore from Rs 6,750 crore in FY23. In Union Budget 2023-24, India has left development assistance to war-torn Afghanistan unchanged (Budget estimates). Meanwhile, aid to cash-strapped Sri Lanka and junta-ruled Myanmar’s was cut by 25 per cent and 33 per cent respectively. Click here to read…

Bangladesh
Ever-strengthening India-Bangladesh relations – The Print

India and Bangladesh share not only close historical, civilisational and cultural links but have also forged strong social, economic and political ties over decades since Bangladesh’s liberation in 1971. United by a shared history and common heritage, linguistic and cultural links, fervour for arts, music and literature, and strong people-to-people ties, the two countries share a unique camaraderie and friendship. Click here to read…

AL, Jamaat demanded caretaker govt: BNP – NewAge

The main opposition Bangladesh Nationalist Party said on Wednesday that they were demanding the caretaker government system, as it was also the demand of the then-opposition Awami League and Jamaat-e-Islami during the party’s tenure in 1996. Click here to read…

Is Bangladesh getting tired of hosting Rohingya refugees? – Dhaka Tribune

In 2017, Bangladesh welcomed fellow Muslims from Myanmar’s troubled Rakhine state to the southern coastal community of Cox’s Bazar with open arms, food and shelter.
Despite the presence of hundreds of thousands of Rohingya in the already overcrowded settlements for decades, they didn’t have to think twice about accommodating the new surge of people, albeit into an already overcrowded area of Bangladesh. Attempts to repatriate the Rohingya refugees have failed due to unstable conditions in Myanmar. As such, they have become victims of the worst refugee crisis in the last 50 years. Click here to read…

Bhutan
In Neighbourhood, Bhutan Receives Largest Share Of Aid At Rs 2,400 Crore In Finance Budget – ABP News

Bhutan received the largest share of India’s aid pegged at Rs 2,400 crore in the Finance Budget 2023-24, while Finance Minister Nirmala Sitharaman earmarked Rs 990 crore for India’s G20 Presidency that began on December 1, 2022. In line with India’s ‘Neighbourhood First’ policy, the largest share of India’s aid portfolio is towards Bhutan, which constituted 41.04 per cent of the development assistance by the Ministry of External Affairs (MEA). Click here to read…

GoI to facilitate concessional rate on the third internet gateway – Kuensel Online

The Government of India (GoI) would be facilitating a special concessional rate on the third international internet gateway for Bhutan as per the Bhutan government’s request. Indian Ambassador to Bhutan, Sudhakar Dalela said this during the technology roundtable yesterday. Click here to read…

Maldives
Commonwealth Secretary-General & Maldives FM arrive in SL – Sri Lanka Mirror

Secretary General of the Commonwealth – Patricia Scotland and Maldivian Foreign Minister Abdulla Shahid have arrived in Sri Lanka today (01) to attend the 75th Anniversary Celebration of Independence of Sri Lanka. They were warmly received by State Minister of Foreign Affairs – Tharaka Balasuriya. Click here to read…

“India has been one of the most trusted and valued partners of Maldives” – Raajje

India has proven to be one of the most trusted and valued friend of Maldives during challenging times, says President Ibrahim Mohamed Solih. President Solih stated this on Tuesday, while speaking at the official reception held at Dharubaaruge to commemorate the 74th Republic Day of India. In his remarks, the President stated that the Maldives and India share a unique partnership built on mutual trust and respect with a renewed impetus during the past four years. Click here to read…

Myanmar
Myanmar junta extends state of emergency, delaying promised elections – The Guardian

Myanmar’s military regime has announced an extension to its state of emergency, effectively delaying elections the junta had pledged to hold by August, as it battles anti-coup fighters across the country. The junta chief, Min Aung Hlaing, acknowledged that more than a third of townships were not under full military control, in comments reported by state media on Wednesday. Click here to read…

Myanmar announces cabinet reshuffle after state of emergency extension – DajjiWorld

Myanmar’s State Administration Council (SAC) announced a cabinet reshuffle after the country’s state of emergency was extended for six more months on Wednesday. Under the cabinet reshuffle, a new chairman for the Union Civil Services Board, a new chairman for the Anti-Corruption Commission (ACC) and four new Chief Ministers of region and states were appointed, Xinhua news agency reported. Click here to read…

UN special envoy to Myanmar moots regional protection framework as crisis drags on – CNA

United Nations special envoy to Myanmar Noeleen Heyzer plans to rally the Association of Southeast Asian Nations to form a regional protection framework. The aim is to help those suffering from a crisis sparked by a military coup two years ago. She tells Leong Wai Kit this is one of four key areas she will focus on this year. Click here to read…

Nepal
Nepal’s Social Protection System Reinforces Inequality – My Republica

The Human Rights Watch (HRW) has urged the newly-elected government of Nepal to prioritize coverage for all children and add coverage for millions of informal-sector workers as it considers changes to the existing system. The global human rights watchdog also said that Nepal’s social protection system fails to effectively protect children from poverty and reinforces inequalities between informal and formal workers. Click here to read…

Nepal to receive 1.5mn COVID-19 booster vaccines under GAVI – Foreign Brief

The Global Alliance for Vaccine and Immunization (GAVI) will today deliver 1.5 million doses of COVID-19 booster shots to Nepal. Following the sudden rise of positive FB.7—a sub-variant of Omicron—cases in neighboring countries such as India and China, the Nepalese government is gearing up to curb another possible outbreak. While the new set of Pfizer-Biontec Bivalent vaccines are not required for everybody, the Nepalese health minister Dr Sanjay Mahaseth strongly urges its citizens to get vaccinated. Click here to read…

Pakistan
Former Pakistan Interior minister Sheikh Ahmed arrested: Report – India Today

Former interior minister of Pakistan Sheikh Rashid Ahmed was arrested on Thursday, reports said. A complaint was lodged against him for claiming that former President Asif Zardari was hatching a plot to assassinate PTI chief Imran Khan. Police said a bottle of liquor and a weapon were recovered from Sheikh Rashid’s possession, adding that the minister was intoxicated, the report said. Click here to read…

IMF Projects Slowdown In Pakistan’s GDP From 3.5% To 2% – NDTV

The International Monetary Fund projected a slowdown in the Gross Domestic Product (GDP) from 3.5 per cent to 2 per cent for the current fiscal, The News International reported. According to the Pakistan daily, the IMF had also projected that the GDP growth rate would rebound in the next fiscal 2023-24 up to 4.4 per cent. Click here to read…

Imran says govt lacked ‘understanding, interest’ when terrorism began to resurface – Dawn

PTI Chairman Imran Khan on Wednesday slammed the government for blaming his party for the resurgence in terrorism in the country, saying that the incumbent setup had no “understanding nor interest” when the phenomenon had started to resurface. Imran made the remarks during a televised address where he talked about terrorism at length and the steps the PTI government took. Click here to read…

IMF presses Pakistan to foist more taxes in second round of talks – Ary News

The International Monetary Fund (IMF) has asked Pakistan to impose roughly Rs600-800 billion in additional taxes in the second round of talks to revive $7 billion Extended Fund Facility (EFF) stalled for months, ARY News reported on Wednesday, citing sources. According to details, the Federal Revenue Board held a second round of technical talks with IMF mission, led by Mission Chief to Pakistan Nathan Porter, on the ninth review of a $7 billion loan programme. Click here to read…

Pakistan inflation rises to 48-year-high of 27.55%: Report – Hindustan Times

Pakistan’s inflation quickened to the fastest in almost 48 years in January as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports. Consumer prices rose 27.55% from a year earlier, according to data released by the statistics department on Wednesday. That compares with a median estimate for a 25.9% gain in a Bloomberg survey and a 24.47% jump in December. Inflation is at the highest since May 1975, according to central bank data. Click here to read…

Sri Lanka
Building the economy should be our priority, President emphasizes – Colombo Page

President Ranil Wickremesinghe emphasized that building the collapsed economy should be the priority, as political freedom is of no use if the economic freedom of the country is lost. The President also pointed out that the political stability and territorial integrity of a country is the best factor in winning over the economic war. Addressing a ceremony in Kandy held today (01) at the Presidential Palace in Kandy to present the distinguished service awards “Vishishta Seva Vibhushana” to 77 senior officers of the Tri Forces, the President said. However, lives lost during the war cannot be regained, the income lost during the economic war could be regained. The award ceremony recognizes the distinguished service of military officers and was organized in conjunction with the 75th Independence Day celebrations. Click here to read…

On Sri Lanka’s 75th birthday, the future looks bleak – Financial Times

The country defaulted on more than $50bn of foreign loans in 2022, and last May the then prime minister Ranil Wickremesinghe complained that finding even $1mn was proving to be a challenge. Sri Lanka has one of the largest public sectors in the world, which — including defence — accounts for between 70-80 per cent of the country’s annual budget. Meeting the salary bill is a battle. The government is in the throes of negotiating a $2.9bn IMF bailout, which ministers seem confident will be approved. Click here to read…

Jaishankar’s Sri Lanka visit a harbinger of positive developments for island nation – The Print

External Affairs Minister S Jaishankar’s visit to Sri Lanka is being seen as a harbinger of positive developments and an improved economic and financial situation for the island nation. Click here to read…

US to provide additional US$ 30 million – Daily News

United States Under Secretary of State for Political Affairs Victoria Nuland yesterday announced an additional US$ 30 million for the provision of free lunch to 96,000 schoolchildren in 850 government schools. She said that the US has begun the delivery of 770 MT of food supplies and vegetable oil to meet the food security needs of the country. She said that the US government has provided support worth over US$ 240 milion dollars to Sri Lanka just over a year. “This is a critical movement of your country.The government is working with the IMF and international creditors to stabilize the economy,”Nuland said at a press conference held in Colombo yesterday evening. Click here to read…

Neighborhood News Digest – 24 January 2023

Afghanistan
Reviewing engagement with Taliban on human rights violation in Afghanistan: US – The Print

The US is reviewing its approach and engagement with the Taliban regime in context of the slew of human rights violations taking place in Afghanistan, a top official in the Biden administration has said, emphasising that Washington is actively evaluating with its allies and partners to take the next appropriate steps towards it. Click here to read…

China inches closer to Afghanistan’s rare Earth reserves with new oil deal – India Today

Chinese Xinjiang Central Asia Petroleum and Gas Co (CAPEIC) signed a deal with Taliban-led Afghanistan in the capital city of Kabul. The acting Minister of Mines and Petroleum for the Taliban, Sheikh Shahabuddin Dilawar, on January 5 announced the deal in which the Chinese company would extract oil from the Amu Darya basin located in the northern part of Afghanistan. Click here to read…

Iran Seeks Commitment to Water Treaty – Tolo News

Iran has once again sought commitment from Afghanistan to the Helmand River Treaty signed between the two sides in 1973. Iran’s newly appointed ambassador to Kabul, Hassan Kazemi Qomi, in a meeting with Acting Foreign Minister Amir Khan Muttaqi said Afghanistan’s water resources should be managed to prevent waste and protect Iran’s water rights from it. In this meeting, Muttaqi assured the Iranian ambassador that Afghanistan is committed to the Helmand Water Treaty, said a foreign ministry spokesman Zia Ahmad Takal. Click here to read…

Bangladesh
BNP-Jamaat ‘clique’ conspiring ahead of polls: minister – Daily Star

BNP-Jamaat and the far left and right quarters are conspiring as the election inches closer, Liberation War Affairs Minister AKM Mozammel Haque told parliament yesterday. In a scripted answer, the minister said a section of people are trying to create unrest. “Jamaat-BNP… the far left, far right, associated with it… have become active in conspiracy ahead of the election. They do not see the achievements of Awami League.” Click here to read…

Initiatives should be inclusive – Daily Star

Chinese Ambassador to Bangladesh Yao Wen has opposed any regional or global initiative that is unilateral, exclusive, meant to create confrontation and against any country. “Any sort of initiative either by the US or other countries … they need to be open, inclusive. They should not be unilateral, exclusive or against any country,” said the newly appointed Chinese envoy after a meeting with Foreign Minister AK Abdul Momen at the ministry yesterday. Click here to read…

How the Bangladesh economy might fare in 2023 – TBS

Critical reforms in the taxation sector, banking sector, capital market, trade policy, and management of the exchange rate are long overdue. Such reforms, along with the faster and cost-effective implementation of some megaprojects and SEZs, are expected to make the economy more resilient. Click here to read…

Bhutan
Parties in search of female candidates – Kuensel

Women had taken part in politics, with some of them at the helm of governance and leading political parties as party president. However, even with studies showing widespread public acceptance of female politicians, women’s political participation remains low still. Click here to read…

Maldives
Maldives backs India for ’28-29 UNSC seat – Tribune India

As India seeks another term for two years at the UN Security Council, the Maldives has said it would support its candidature for a non-permanent seat for the 2028-29 term. “The Government of Maldives has decided to support India’s candidature for a non-permanent seat of the UNSC for the 2028-29 term. The decision was taken following Minister of External Affairs S Jaishankar’s visit from January 18 and 19,” said the Maldives’ Foreign Ministry. Click here to read…

Myanmar
Indian Coast Guard evacuates injured Myanmar national from sea – New Indian Express

THE Indian Coast Guard’s (ICG) advanced light helicopter on Monday evacuated an injured Myanmar national from a vessel of Singapore, about 80 nautical mile (148 km) east-northeast of Paradip. Motor tanker GB Venture had developed a mechanical snag and was anchored about 40.5 nautical mile south of Sagar. One crew member Than Htike Lwin sustained blunt abdominal trauma while carrying out maintenance of a hydraulic pipeline. Click here to read…

Myanmar: Japan’s Construction Aid Benefits Junta – HRW

Japan’s Yokogawa Bridge Corp. apparently transferred over US$1 million in 2022 to Myanmar Economic Corporation (MEC), which is owned by Myanmar’s abusive military, for a Japanese government development aid project, Human Rights Watch said today. Click here to read…

Myanmar plunges deeper into economic crisis – East Asia Forum

After nearly two years of military rule, Myanmar remains trapped in conflict, facing increasing political instability and a growing humanitarian crisis. While businesses and the labour market had already been affected by the COVID-19 pandemic, post-coup instability has done even more damage to Myanmar’s economy. Click here to read…

Nepal
‘Snow-capped mountains turning black’ – The Himalayan Times

Until some years back, the mountainous ridges were seen with snow-capped during the winter season.There used to be a huge inflow of foreign tourists here to take joy of majestic beauty of the Himalayas and play with snow. But, the silver-like glittering mountains are now turning to be black rocks arguably due to the effects of climate change. Consequently, the popular tourism hotspots of Sindhupalchowk – Helambu and Panchpokhari – are losing their identity as the prime tourist destinations. Click here to read…

Banned Practice of Isolating Menstruating Women Still Prevails in Nepal – News18

Menstruation is a monthly occurrence for women. The process is biological and natural, but there’s a lot of taboo and stigma around it. These taboos have often restricted women to take part in various activities at home in India and some other Asian countries too. This has been going on for centuries. One such tradition is Chaupadi. It is a practice in Nepal that restricts women from taking part in any household activities during their periods. They are even not allowed to stay inside their house. Click here to read…

Pakistan
Hours after major outage hits Pakistan, govt says power restoration under way – Dawn

A massive power cut across Pakistan continued after night fell on Monday, affecting most of the country’s 220 million residents, including in the metropolises of Karachi and Lahore. Energy Minister Khurram Dastgir said on Monday night, more than 12 hours after the breakdown occurred, that officials had begun restoring electricity across the country. Click here to read…

Govt wary of IMF-mandated ‘tough decisions’ in an election year – Dawn

The government’s fear of losing popularity before the elections seems to be keeping Pakistan from finalising a deal with the International Monetary Fund (IMF) that could stabilise the economy. Official and diplomatic sources told Dawn on Monday that both sides were still discussing the seven demands that the IMF wants Pakistan to accept before it resumes economic assistance to the country. Click here to read…

Pakistan has no money to hold elections? 10 worrisome economic indicators – Mint

Amidst growing concerns of economic turmoil, Pakistan media has quoted Pakistan Democratic Movement (PDM) Spokesperson, Hafiz Hamdullah indicating that if the situation does not improve the upcoming elections will be suspended. Pakistan’s foreign exchange reached a record low of $ 4.56 billion, which can cover only three weeks of imports, according to a Geo News report. Click here to read…

Govt chalks out strategy to tackle Rs1.64tr circular debt in gas sector – Geo News

The government has developed a comprehensive plan to address Rs 1,640 billion circular debt in the gas sector, reported The News. The plan includes securing dividends of Rs 800-850 billion from the two gas utilities, SNGPL and SSGCL, as well as increasing the tariff and adjusting existing slabs to protect lower income consumers from a rise in gas prices. In a bid to break the deadlock with the IMF, the government is working on a plan to remove the circular debt for the energy sector, electricity and gas, which has crossed Rs4.1 trillion figure. Click here to read…

Sri Lanka
God won’t change your destiny until you change yourself – Daily Mirror

The leaders of the two ruling parties, the United National Party (UNP) and Sri Lanka Podujana Peramuna (SLPP) for obvious reasons are arguing that the local government elections which are scheduled to be held on March 9 would not bring solutions to the economic issues that the country is currently faced with. Click here to read…

Is debt cancellation the way forward for Sri Lanka? – Aljazeera

More than 180 prominent economists and development experts from around the world have made a global appeal to Sri Lanka’s financial lenders to forgive its debt, even as other experts are not convinced it is the best way forward for the island nation. According to World Bank estimates, Sri Lanka has an external debt burden of more than $52bn as of December. Of that, nearly 40 percent is owed to private creditors, including financial institutions, while the rest is owed to bilateral creditors where China (52 percent), Japan (19 percent) and India (12 percent) are the largest ones. Click here to read…

Anatomy of sovereign insolvency of Sri Lanka – Daily FT

The purpose of this essay is to highlight the specific blunders by successive Governors of the Central Bank of Sri Lanka and members of the Monetary Board since 2006 that has led to the current crisis, and hold them accountable for their actions and/or inactions over a period of 16 years (July 2006-April 2022). Authority and power come with accountability and responsibility. Click here to read…

Neighborhood News Digest – 23 January 2023

Afghanistan
Afghanistan: Top UN delegation tells Taliban to end confinement, deprivation, abuse of women’s rights – UN News

Deputy Secretary-General, Amina Mohammed, the Executive Director of UN Women, Sima Bahous, and the Assistant Secretary-General for UN political, peacebuilding and peace operations, Khaled Khiari, spend four days on a fact-finding mission in Afghanistan, to engage with Taliban leaders, and “underscore UN solidarity with the Afghan people”, according to a press release issued to correspondents on Friday. Click here to read…

China to provide modern weaponry to Taliban after terror attack on its nationals in Afghanistan: report – Times Now

China is supplying the Taliban with contemporary weapons in response to the Islamic State Khorasan Province’s (ISKP) recent attack on a hotel in Kabul that primarily housed Chinese nationals. The action is being taken at a time when China’s interests are threatened by Afghanistan’s instability and potential to be a barrier to the Belt and Road Initiative’s success (BRI). Click here to read…

China Supports Inclusive Political Structure in Afghanistan: Qin – Tolo News

Chinese Foreign Minister Qin Gang in a phone call with the acting Foreign Minister Amir Khan Muttaqi expressed China’s support for the Afghan interim government to build a broad and inclusive political structure in the country. Global Times quoted the Chinese FM as saying that China never interferes in Afghanistan’s internal affairs, nor seeks any selfish gains in Afghanistan or the so-called sphere of influence. Click here to read…

Russia accuses US of sponsoring ISIS in Afghanistan– Pakistan Observer

The Russian presidential envoy for Afghanistan, Zamir Kabulov, confirmed that evidence exists of the US attempting to build ties with current Afghan authorities while secretly sponsoring (ISIS). Click here to read…

Bangladesh
RAB arrests two members of extremist outfit at Rohingya camp – New Age

Rapid Action Battalion on Monday said that they had arrested two operatives of extremist outfit Jamaatul Ansar Fil Hindal Sharqiya after an ‘exchange of fire’ at Kutupalong Rohingya camp of Ukhia in Cox’s Bazar on early Monday. The RAB, in a text message, said that they had arrested the group’s policy maker and armed wing chief Ranbir and explosive expert Bashar with firearms and explosives. Click here to read…

UN expert lauds Bangladesh’s role in global discourse on safe, orderly migration – Daily Star

UN Special Rapporteur on Human Rights on Migrants Felipe Gonzalez Morales yesterday appreciated Bangladesh’s proactive role in the global discourse on safe, orderly and regular migration. The UN special rapporteur, who will be in Bangladesh till January 31, met Foreign Secretary Masud Bin Momen and discussed issues of mutual interest. Click here to read…

Presidential election by February 23 – Daily Star

EC Secretary Jahangir Alam, after a meeting at the EC office, said the election process has already begun. “We will contact the Parliament Secretariat and fix the date of a meeting between the chief election commissioner and the Speaker. The election will be held sometime between January 23 and February 23.” Click here to read…

Bhutan
Govt. to rationalise import and borrow to save foreign currency reserves – Kuensel

Bhutan’s import bill as of September last year shows a estimated daily outflow of INR 233 million (M) and USD 1.35M, equivalent to Nu 105. 23M. The figures could be high if we consider the country’s debt obligations of INR 7 billion (B) and convertible currency debt. Soaring import bills and appreciating USD against the Ngultrum saw the country’s foreign currency reserve decrease. Click here to read…

India and Bhutan foreign secretaries inaugurate projects – Kuensel

The foreign ministry officials, during the inaugural ceremony, said that Digital Drukyul is the project initiated aimed at harnessing the power of ICT to transform Bhutan into an innovative and inclusive society. GoI made assistance of Nu 1066 Million (M). There are four critical projects under the initiative – Government-Initiated Network; Integrated Citizen Services; Digital School, and Enhancement of ICT Sector’s Capacity and Competency. Click here to read…

12th Plan talks fruitful, says PM – Kuensel

India has released almost 86 percent of the Nu 45 billion that it has committed to the 12th Plan, according to the Prime Minister. “Such a speedy and efficient release of funds has not happened in the earlier Plans. We thanked them and conveyed that we are looking forward to the same efficiency,” Lyonchhen said. Lyonchhen said that issues including the pending ones were resolved since the delegation was led by the foreign secretary who is an official with authority. Click here to read…

Maldives
India-Maldives ties, and why New Delhi is concerned about Male’s upcoming presidential elections – Indian Express

External Affairs Minister S Jaishankar visited Maldives earlier this week, at a fraught time for the country’s president, Ibrahim Solih. The presidential election in Maldives is to be held on September 9 this year, with a runoff, if necessary, on September 30. Solih has announced he will run for a second term, but his candidature has been opposed within his party by former president and leader of the Maldivian Democratic Party (MDP) Mohamed Nasheed, who has thrown his hat in the ring. The two will face off in the party primary on January 28. Click here to read…

China Outmaneuvered In The Maldives As Construction Of India-Funded Airport Begins On Strategic Island – Swarajyamag

External Affairs Minister S Jaishankar was in the Maldives this week for the groundbreaking ceremony of the Hanimaadhoo international airport project. The $136.6 million development of the Hanimadhoo airport is being executed by Indian company JMC Projects Ltd, financed through a line of credit from India’s Exim Bank. Click here to read…

Myanmar
Myanmar Resistance Targets More Junta Election Offices – The Irrawaddy

Resistance groups have attacked six Myanmar junta offices in Yangon, Sagaing and Magwe regions in two days to disrupt plans for a general election later this year. The junta regime started updating voter lists on January 9, sparking attacks from resistance groups. Click here to read…

Dhaka requests Beijing to discuss border situation with Myanmar – Rising BD

Bangladesh has informed China about the fresh unrest at the Zero Line on the Myanmar border. Dhaka has requested Beijing to discuss the issue with the Myanmar government to resolve it. Chinese Ambassador to Bangladesh Yao Wen on Sunday (January 22) made a courtesy call on State Minister for Foreign Affairs Md Shahriar Alam and Foreign Secretary Masud Bin Momen. Click here to read…

Myanmar sees growth in contraband goods seizures in 2022 – Mizzima

Myanmar Vice-Senior General Soe Win said the Myanmar authorities managed to seize more contraband goods over the last year, than the year before, all told a 56 billion kyat value increase. Soe Win made the claims at the Anti-illegal Trade Leading Committee meeting held in Naypyidaw on 18 January. He said at this meeting that there were 2,240 such cases during the one-year period from January to December 2021 and the estimated value of these contraband goods was 8.4 billion kyat. Click here to read…

Myanmar Junta Airstrike Targets Ceasefire Signatory – The Irrawaddy

A Myanmar junta airstrike has targeted the house and office of a Democratic Karen Benevolent Army (DKBA) commander in Kyainseikgyi Township, Karen State, near the Thai border, according to the armed group. Click here to read…

Nepal
Families of Nepal Plane Crash Likely To Miss Out Millions in Compensation: Report – NDTV

The grieving families of the victims of the Yeti Airlines plane crash are likely to lose out on millions in compensation because the Nepal government has not ratified the crucial air carriers’ liability and insurance draft bill, according to a media report on Friday. On January 15, a Yeti Airlines aircraft crashed into a gorge near the newly-built airport in Pokhara, killing all the 72 passengers on board, including five Indians, in the country’s worst air disaster in 30 years. Click here to read…

China builds new dam in Tibet near Indian border – The Hindu

In a development that is a matter of concern to both India and Nepal, China is constructing a new dam on the Mabja Zangbo river in Tibet, close to the tri-junction, satellite imagery has revealed. The new dam is located around 16 km north of the tri-junction and is opposite the Kalapani area of Uttarakhand, according to sources in the security establishment. Click here to read…

Pakistan
Pakistan, Russia to sign oil supply agreement in March – Dawn

Pakistan and Russia decided on Friday to address all technical issues — insurance, transportation and payment mechanism — to sign an agreement by late March this year for the supply of Russian oil and other petroleum products at discounted rates. “On crude products and future supply of oil products, we have already decided to draft an agreement and to sort out all issues that we have with regard to transportation, insurance, payments and volumes and we have already established the timelines for this agreement” for late March this year, said Russia’s Energy Minister Nikolay Shulginov at a joint news conference with Economic Affairs Minister Ayaz Sadiq. Click here to read…

We want normal ties with Pakistan, says India – The Hindu

India desires “normal neighbourly relation” with Pakistan in an atmosphere that is free of violence, the Ministry of External Affairs (MEA) stated on Thursday. Responding to a question on Pakistan Prime Minister Shehbaz Sharif’s offer of holding “serious” dialogue with India on the Kashmir issue, MEA spokesperson Arindam Bagchi said India’s position on talks with Pakistan has not changed. Click here to read…

No intentions to carry out military operations inside Afghanistan, clarifies FM Bilawal Bhutto – Daily Pakistan

Foreign Minister Bilawal Bhutto Zardari on Saturday shoots down reports of carrying out surgical strikes in Afghanistan, clarifying that Islamabad has no such intentions of carrying out a military operation in the neighboring country. In his recent interview with a foreign news outlet on the sidelines of the WEF summit in Davos, the Foreign Minister said Pakistan has no such intentions to launch a cross-border military operation in war-torn country, weeks after Kabul strongly responded to the comments of the Interior Minister. Click here to read…

Analysis: Why a financially stable Pakistan is in US interest – Dawn

In recent weeks and months, the US has made no secret of the fact that it is closely monitoring developments in Pakistan, both on the security and economic fronts. In the past three months, over a dozen statements have mentioned Pakistan specifically or in passing, and in each case, the tone and tenor reflects a level of concern seldom seen in the past. Click here to read…

Sri Lanka
India to Hike Development Assistance To Sri Lanka – Outlook

India on Friday agreed to double its high-impact community development project in Sri Lanka with a new bilateral agreement signed during the much-anticipated visit of External Affairs Minister S Jaishankar. He was on a two-day visit to the debt-trapped island nation, met top leaders to enhance bilateral ties and finalise a debt restructuring plan to help Colombo carve out a path from its economic crisis. Click here to read…

After India, China gives financing assurances to Sri Lanka for IMF bailout package – The Hindu

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a $2.9 billion bailout package for the country, days after India strongly backed the island nation’s efforts to secure the loan from the global lender to recover from its worst-ever economic crisis. The Sunday Times newspaper reported that China’s Exim Bank delivered a letter on Saturday granting Sri Lanka a two-year moratorium on repayment and agreeing with the International Monetary Fund’s extended fund facility (EFF). The report was confirmed by Sri Lankan officials who did not want to be named. Click here to read…

Economic Downturn and External Role – Daily News

For generations, our lament has been the absence of policies at national level. As Governments change, so do the policies adapted by the outgoing Government. It is this lacunae that has bitten us in the posterior end resulting in the ongoing economic crisis. As we struggle to navigate through this current challenge, one thing is clear – our economy and foreign relations have become spouses. Click here to read…

Neighborhood News Digest – 20 January 2023

Afghanistan
India’s assistance to Afghanistan came at a very critical time: Envoy Farid

Mamundzayjan19v30 – The Times of India

Hailing India’s humanitarian assistance to Afghanistan as the country goes through a critical time, Ambassador of Afghanistan to India, Farid Mamundzay said that India’s aid came at a very critical time, but at the same time, the country needs more help in form of development and humanitarian assistance. “India has supported Afghanistan in a very difficult time. We are grateful for India’s generous contribution by giving us 40,000 metric tonnes of Wheat, by giving us more than 30 metric tonnes of life-saving medicine and half a million COVID vaccines. Click here to read…

Pakistan begs before Afghan Taliban, urges action against TTP bases in Afghanistan – Firstpost

With the Tehreek-e-Taliban Pakistan (TTP) creating widespread havoc with almost daily attacks against the security forces, Pakistan has been begging the Afghan Taliban to prevent the banned group from using Afghanistan as their safe haven. In recent months, the Tehreek-e-Taliban Pakistan (TTP) has stepped up attacks against security forces across Pakistan. While most of the attacks have taken place in the Khyber Pakhtunkhwa and Balochistan provinces, Punjab – the heartland of Pakistan – has also been targeted. Click here to read…

UN Seeks Afghanistan’s Active Role in Int’l Community: Spokesman – Tolo News

A spokesman for the prime minister’s office said on Thursday that the United Nations Deputy Secretary General, Amina Mohammed, who met with officials in Kabul this week, said they seek Afghanistan’s active role in the international community. Mullah Hassan Akhund’s spokesman, Qari Mohammad Yousuf Ahmadi, said the UN top official assured of the continuation of aid to Afghanistan. Click here to read…

US Launches Private Refugee Sponsorship Prgram – The Khaama Press

The U.S. State Department announced Thursday, 19 January, the creation of a new Welcome Corps program that will allow private sponsorship of refugees to help them resettle in the United States, read the statement. The state department said the program would build on America’s generosity of spirit by creating a durable program for Americans in communities nationwide to privately sponsor refugees from unstable countries, including Afghanistan, Ukraine and Venezuela. Click here to read…

Bangladesh
Bangladesh universal health coverage indicators better than Pakistan – The Print

In a recent article in the Dawn, Professor Zafar Mirza of Shifa Tameer-i-Millat University, Islamabad and WHO adviser on Universal health coverage made some shocking revelations regarding the healthcare status in Pakistan. For instance on neonatal mortality rate (NMR), Pakistan ranks second highest in the world, i.e. out of every 1,000 live births, 40 newborns die within 28 days of life. Click here to read…

China prioritises friendship with Bangladesh in South Asia – Bangladesh Live News

The small but significant non-aligned South Asian nation of Bangladesh is caught between China and the United States both of whom want a strategic alliance with the country as they spar over superpower status in the region. The US is worried that its recent tensions with the country could turn into an opportunity for China to come closer to it. It was a mighty diplomatic challenge the other Week when the newly appointed Chinese foreign minister Qin Gang had an airport layover in Dhaka, the capital of Bangladesh, on way to an African tour. Click here to read…

Fakhrul vows to continue BNP’s anti-government movement – Dhaka Tribune

BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday said that they are determined to make their movement successful by fighting against imprisonment and oppression. He was speaking at a discussion meeting of BNP marking the party’s founder Ziaur Rahman’s birth anniversary in the capital’s Ramna. He also vowed to fulfill their 10-point demand. Click here to read…

Bhutan
Indian apprehensions soar as Bhutan, China talk border – The Week

Besides underlining Indian curiosity, the ongoing January 18-20 visit of India’s foreign secretary Vinay Mohan Kwatra in Bhutan, among other things, is also one of apprehension.
Though pre-scheduled, as Kwatra will also co-chair the 4th India-Bhutan Development Cooperation Talks, the visit will try to look at the implications of the latest Bhutan-China talks. Click here to read…

Govt. can not lift observation period: Finance minister – Kuensel Online

The government cannot lift the observation period for loan accounts once it is under non-performing loans (NPL), Finance Minister Namgay Tshering said during the meeting with the members of the private sector yesterday. As per the Royal Monetary Authority (RMA), the NPL that have become performing through repayments made by the borrowers have to undergo six months observation period with no bank guarantee and letter of credit. Click here to read…

Maldives
India extends $40 million for bolstering sports infrastructure in Maldives: EAM Jaishankar – The Times of India

External affairs minister S Jaishankar on Thursday said India has extended a concessional $40 million Line of Credit for developing sporting infrastructure in the Maldives, as part of New Delhi’s efforts to bring Prime Minister Narendra Modi’s flagship projects such as “Fit India” and “Khelo India” into the ambit of the Neighbourhood First Policy. Click here to read…

Maldives polls, India’s concerns – The Indian Express

The presidential election in Maldives is to be held on September 9 this year, with a runoff, if necessary, on September 30. Solih has announced he will run for a second term, but his candidature has been opposed within his party by former president and leader of the Maldivian Democratic Party (MDP) Mohamed Nasheed, who has thrown his hat in the ring. The two will face off in the party primary on January 28. Click here to read…

Myanmar
Myanmar’s junta chief meets Thai counterpart at beach resort to discuss military ties – Radio Free Asia

Myanmar’s junta chief met with his Thai counterpart at a Myanmar beach resort on Thursday for talks that will likely focus on military relations and stability issues along their 1,500-mile (2,415-kilometer) border, according to sources in the country. The three-day meeting between Sr. Gen. Min Aung Hlaing and a delegation led by Gen. Chalermpol Srisawat, Thailand’s military chief of staff, in Ngapali in Rakhine state’s Thandwe township is the eighth annual gathering for the two nations’ military leaders. Click here to read…

Myanmar bomb did fall in India but no air space violation: MEA – The Tribune

Ten days after a bomb fell on the Indian side during Myanmar air force’s operations against a rebel settlement near the Indian border, the government acknowledged the incident but maintained there was no violation of the air space. The Union Home Ministry has kept silent on the issue despite testimonies by eyewitnesses and an admission by the local police chief that such an incident had taken place. Click here to read…

UNHCR Reports Sharp Spike in Dangerous Rohingya Boat Voyages – The Diplomat

Earlier this week, the United Nations refugee agency (UNHCR) released new statistics about the number of Muslim Rohingya refugees fleeing Myanmar or Bangladesh by sea in search of sanctuary abroad. According to the new data, some 3,545 people undertook perilous sea voyages in 2022, a fivefold increase on 2021, when around 700 people made similar journeys, UNHCR said in a statement Tuesday. Click here to read…

Nepal
Congress on ‘Mission President’ after its futile Speaker bid – The Kathmandu Post

With its eyes on top state posts—President and Speaker—Congress has tried to cosy up to Dahal again in order to create a rift in the ruling coalition. The largest party gave a vote of trust to the prime minister on January 10. In return, Dahal said he would try his best to accommodate Congress’ concerns in the elections for the top posts. Congress’ attempt yielded no result in the Speaker election after UML’s Ghimire won the coveted post on Thursday. But Congress leaders have said they are now focused on presidential elections in what they label ‘Mission President’. Click here to read…

‘China building dam near border with India, Nepal,’ New satellite images – Mint

China is building a new on the Mabja Zangbo river, near north of the trijunction border with India and Nepal, according to the new satellite images a geospatial intelligence researcher, Damien Symon on his official Twitter handle on Thursday. Symon stated that the project will raise concerns regarding China’s future control on water in the entire region. He said that construction is still incomplete at the site. Click here to read…

Why India Should Be Concerned Over Chinese-Built Airport At Nepal’s Pokhara Becoming A White Elephant And A Chinese Outpost – Swarajya

An air crash in its vicinity is not the most auspicious start to a new international airport. The new Chinese-built ‘international’ airport at Nepal’s lake city — Pokhara — will have to live with this blot of a disaster within days of its inauguration. But more than this ‘jinx’ which it will find difficult to shake off, the Pokhara airport may end up being a white elephant and a huge drain on Nepal’s sparse resources, much like Sri Lanka’s Hambantota Port. Click here to read…

Pakistan
US wants Pakistan to be ‘economically sustainable’ – The Khaama Press

The United States wants to see Pakistan in an ‘economically sustainable’ position, US State Department spokesperson Ned Price said during a press briefing on Wednesday. During the press briefing, Ned Price was asked to share his view about Pakistan’s economy as the country has less than $5 billion left in its foreign exchange reserves. He answered that this is a challenge the US was attuned to, and they know that Pakistan has been working with the International Monetary Fund (IMF) and International financial institutions. Click here to read…

Want good ties with Pak but there should be no terror: India – Hindustan Times

India on Thursday responded to Pakistan Prime Minister Shehbaz Sharif’s conditional offer of talks by saying an atmosphere free from terror and violence is a prerequisite for normal neighbourly ties. Asked about Sharif’s comments at a weekly media briefing, external affairs ministry spokesperson Arindam Bagchi said talks could be held only in the absence of terrorism and hostility. “We have said that we have always wanted normal neighbourly relations with Pakistan. But there should be a conducive atmosphere in which there is no terror, hostility or violence. That remains our position,” he said. Click here to read…

Pakistan doesn’t see a partner in PM Modi: Pakistan Minister Hina Rabbani Khar – The Hindu

Pakistan Minister Hina Rabbani Khar on January 19 said her country does not see a “partner” in Prime Minister Narendra Modi for working towards peace between the two countries, but it saw a partner in his predecessors Manmohan Singh and Atal Bihari Vajpayee. Her comments come days after Pakistan’s Prime Minister Shehbaz Sharif sought “serious” and “sincere” talks with his Indian counterpart for the resolution of the “burning” issues, including Kashmir. Click here to read…

Govt ready to meet all IMF demands to revive loan programme – Dawn

Conveying its willingness to accept all the four major conditions of the International Monetary Fund (IMF), the government on Thursday requested the lender to send its mission to Pakistan at the earliest, preferably next week, to conclude a long-awaited agreement to revive the loan programme. Another official said that the government had told the IMF that it was ready to implement decisions in line with Geneva discussions, when the Fund visited Pakistan to conclude a staff-level agreement. Click here to read…

Sri Lanka
Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten economic recovery – The Economic Times

External Affairs Minister S Jaishankar on Thursday met Sri Lanka’s top leadership and conveyed India’s commitment to increase investment flows to hasten the debt-ridden island nation’s economic recovery. Sri Lanka, which is trying to secure a USD 2.9 billion bridge loan from the International Monetary Fund (IMF), was negotiating to get financial assurances from its major creditors – China, Japan and India – which is the requisite for Colombo to get the bailout package. Click here to read…

The inevitable geopolitical lens in Sri Lanka – The Hindu

If it’s a conversation on Sri Lanka’s economy, talking points on China and India are inevitable. ‘What about China?, What will India do?’ are questions that invariably come up in casual chats, as well as official meetings and briefings. Watching the escalating China-India contest in Sri Lanka is a preoccupation for Sri Lankan columnists and diplomats stationed in Colombo. With the crisis-plagued island’s imminent debt restructuring programme in focus, the interest in the two big powers’ responses has only grown. Click here to read…

Ashok Leyland to supply 500 buses to Sri Lanka Govt – Business Standard

The Hinduja Group company on Thursday (19 January 2023) announced that it will supply 500 buses to Sri Lankan Transport Board (SLTB). Sri Lanka Transport Board is the state owned single largest bus transport provider with 110 depots throughout the Sri Lankan island, and operates buses in city routes, hilly & rural routes and also long distance inter-city routes. These buses will help combat the heavily crowded public transport in the island nation, supporting mobility and accessibility in Sri Lanka. Click here to read…

UN human rights office urges Sri Lanka to provide full reparations to victims of 2019 attack – Jurist

Following a decision of the Supreme Court of Sri Lanka last week ordering top former authorities, including former president Mathripala Sirisena, to compensate the victims of the Easter Sunday Attack in 2019, spokesperson Jeremy Laurence of the UN Office of the High Commissioner for Human Rights (OHCHR) urged the Sri Lankan government to provide full compensation to all victims, establish an independent investigation to hold responsible persons to account, and release complete findings of previous inquiries into the attack. Click here to read…

Neighborhood News Digest – 10 January 2023

Afghanistan
Aid Chief Says NRC Cannot Work without Women: Tolo News

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

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

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

Bangladesh
Bangladesh, US discuss defence cooperation – New Age

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

Chinese FM lands in Dhaka for stopover – Daily Star

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

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

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

Bhutan
India-Led Hydro Project Handed Over to Bhutan – NEBM

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

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

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

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

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

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

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

Covid-19 caseload continues to drop across Maldives – Raajje

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

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

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

Myanmar jails 112 Rohingya who tried to leave country – Aljazeera

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

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

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

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

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

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

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

Ruling parties commit to bring back territories – Kathmandu Post

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

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

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

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

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

Skyrocketing prices making flour inaccessible: The News

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

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

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

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

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

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

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

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

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

VIF Neighbourhood News Digest – December 30, 2022

h5>Afghanistan

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

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

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

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

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

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

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

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

When will border killings stop? – Dhaka Tribune

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

Bhutan
Ramp up the surveillance systems – Kuensel Online

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

Maldives
Maldives taking precautions after threat to Indian High Commission: MEA

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

Maldives President In Sri Lanka On Private Visit

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

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

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

Myanmar junta supporters protest outside US and UK embassies – Mizzima

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

Nepal
UML Chair Oli holding talks with Madhav Nepal – Khabarhub

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

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

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

US funds for Tibetans in India, Nepal – Tribune India

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

Chinese reactions to Nepal’s election result – ORF Online

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

Nepal expresses satisfaction over SJVN hydro projects – Devdiscourse

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

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

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

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

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

National Security Committee meets today: The News

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

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

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

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

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

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

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

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

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

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 21, 2022

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

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

Pakistan Delegation to Visit Afghanistan This Week: Tolo News

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

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

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

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

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

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

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

Iranian Deputy FM Ali Bagheri due Thursday – Dhaka Tribune

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

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

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

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

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

Maldives Completes IMF Consultation for 2022 – Mirage News

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

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

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

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

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

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

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

Nepal
Gagan Thapa lone challenger to Sher Bahadur Deuba – The Himalayan

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

Nepal blacklists 16 Indian pharma cos – The Tribune

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

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

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

Pakistan
Punjab on the brink of another constitutional crisis: Dawn

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

Editorial: An audacious attack: Dawn

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

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

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

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

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

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

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

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

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

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

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

China’s promised rice donation delivered – Daily News

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