Tag Archives: Loans

VIF Neighbourhood News Digest – December 15, 2022

Afghanistan
‘Majority of Displaced Populations in Afghanistan’ Are Women: UN: Tolo News

The UN Women in Afghanistan said that “women make-up the majority of the displaced populations in Afghanistan. The inability to exercise property rights or seek legal help means women in informal settlements live every day in fear of being evicted.” “Women and girls are affected by negative coping mechanisms due to lack of food. Women are forced to sell their assets to buy food, or, in most extreme cases, families have to sell their girls for marriage,” UN women in Afghanistan said on Twitter. .Click here to read…

Bangladesh
Japan considers Rohingya resettlement – The Daily Star

Japanese Ambassador in Dhaka Ito Naoki has said his country was considering resettlement of some Rohinyas to Japan as Bangladesh tries to ease its load of over a million of refugees who fled their homes in Myanmar to evade persecution. “Japan has received the request about third country resettlement [of Rohingyas] from your [Bangladesh] government. UNHCR here is also advising us to consider the possibility [to take Rohingyas to Japan],” the outgoing envoy told BSS, ahead of leaving Dhaka ending his tenure. .Click here to read…

Distorting History: Jamaat just won’t stop trying – The Daily Star

In yet another blatant attempt to distort history, Jamaat-e-Islami yesterday said Indian forces were behind the killings of intellectuals at the fag end of the Liberation War. At a virtual discussion to mark the Martyred Intellectuals Day, Jamaat leaders said the intellectuals were killed so that the country could not stand without the support of a neighbouring country. .Click here to read…

US envoy forced to cut short visit to Shaheen Bagh – Dhaka Tribune

The US envoy was visiting the residence of Sanjida Islam, the coordinator of Mayer Dak, an organization of relatives of missing persons. Sanjida is also the sister of missing BNP leader Sajedul Islam. According to media reports, the US envoy had been at the residence for about a half an hour when the members of another organization called Mayer Kanna began gathering outside. Mayer Kanna is an organization of families of army personnel who fell victim to killings and disappearances when Zia was in power in 1977. In response to the gathering crowd, the ambassador’s security detail asked him to leave the premises immediately. The US envoy hurriedly left the area with a police escort. .Click here to read…

Bhutan
Satellite pics of new bridge, expanding villages signal permanent Chinese occupation in Doklam – India Today

The Doklam faceoff at the India-Tibet-Bhutan tri-junction triggered a show of strength from both sides. The Chinese are still holding on to the territory in Bhutan which is not to India’s liking. China has beefed up infrastructure across the borders, built tunnels to store heavy armaments and doubled its strength near the borders since the faceoff ended, according to intelligence reports. .Click here to read…

Fiscal deficit expected to drop to 5 percent by June, FM says – Kuensel Online

Bhutan’s fiscal deficit would drop below 5 percent from 11.01 percent of the gross domestic product (GDP) by the end of the 2022-23 fiscal year, Finance Minister Namgay Tshering said. This means that the fiscal deficit will narrow below Nu 10.4 billion (B) from this year September’s fiscal deficit of Nu 22.89B. A fiscal deficit arises when the government expenditure exceeds its revenue and it needs to be filled with borrowings. .Click here to read…

Maldives
Now expatriates from Maldives can send remittance to Bangladesh instantly – The Business Standard

Bangladeshi expatriates in Maldives will now be able to send remittances back home from Commercial Bank of Maldives to bKash accounts instantly. To facilitate this convenience, Commercial Bank of Ceylon PLC, Bangladesh, Commercial Bank of Maldives and bKash have recently signed an agreement. This service will further widen the opportunity of instant remittance transfer through secured and legal channel, reads a press release. With the launching of “Bangla eRemit” platform, the service has been inaugurated on Sunday (11 December) at the head office of Commercial Bank of Ceylon PLC, Bangladesh. .Click here to read…

Myanmar
Could ‘Rice Diplomacy’ bolster Myanmar-Bangladesh ties – Modern Diplomacy

Without food, a nation could face turmoil and financial ruin. The agricultural sector is one of the most crucial and strategically vital for a nation to survive. There are numerous things the Bangladeshi government can do to keep rice in supply, but one of the most common is to import it. This import policy has many drawbacks because Bangladesh is known as an agricultural nation or a nation where the majority of workers are employed in agriculture, but despite this, Bangladesh still imports rice. .Click here to read…

India losing territory due to faulty border pillars: BJP MP from Manipur – The Hindu

A Bharatiya Janata Party (BJP) member from Manipur said in Rajya Sabha on Wednesday that India was losing territory along the Manipur-Myanmar border due to faulty border pillars and demanded that the issue be taken up diplomatically with the neighbouring country.Click here to read…

Myanmar Junta Snubs Pro-Regime Armed Groups’ Call for Peace Talks – The Irrawaddy

Seven ethnic armed organizations, which are signatories to the Nationwide Ceasefire Agreement (NCA), have failed to arrange an informal meeting with Myanmar’s regime. The Restoration Council of Shan State (RCSS), New Mon State Party, Karen National Union/Karen National Liberation Army Peace Council (KPC), Arakan Liberation Party, Democratic Karen Benevolent Army, Pa-O National Liberation Organization (PNLO) and Lahu Democratic Union on December 7 proposed a meeting with Lieutenant General Yar Pyae, chairman of the regime’s National Solidarity and Peace Negotiation Committee. Click here to read…

Nepal
Nepal resumes buying power from India amid drop in domestic production – The Kathmandu Post

As domestic power production slumped along with the arrival of winter, the Nepal Electricity Authority has resumed buying power from India. “We restarted importing power from India starting late last week,” said Suresh Bhatarai, spokesperson of the Nepal Electricity Authority (NEA). “Domestic power plants are producing just around 1000MW, lower than the peak domestic demands.” Click here to read…

Election Commission unveils final result of parliamentary elections – The Himalayan

The Election Commission of Nepal here today published the final result of the parliamentary elections held on November 20 this year.The Commission made public the results of the elections held under First-Past-The-Post and Proportional Representation systems. The final published result will be presented to President Bidya Devi Bhandari on coming Thursday, the Commission said. Click here to read…

Only 91 women in 275-member Nepal Parliament: Election Commission – The Hindu

There are only 91 women lawmakers in the 275-member Nepal Parliament, the Election Commission said on Wednesday, lower than the 33% reservation mandated for women by the Constitution. Out of 275 newly elected members in HoR, 184 are men and 91 are women, which constitutes only 31.10% representation for women, the Election Commission said. Women candidates fared slightly better in Provincial Assemblies though, registering 36.36% by clinching 200 out of the 550 seats. Click here to read…

Nepal partners up with Saudi Arabia for economic prosperity – My Republica

Through Saudi Arabia Vision 2030, a strategic framework was discussed to reduce Nepal’s dependence on Saudi Arabia’s oil, diversify Nepal’s economy and help develop public service sectors such as education and health. Under this vision, a high-level visit between Nepal and Saudi Arabia is planned to strengthen the relationship between the two countries. Click here to read…

Pakistan

Alvi’s mediation fails to heal govt-PTI rift: The Express Tribune

As PTI chief Imran Khan dials up the resolve to dissolve assemblies, the ruling coalition is hoping quiet negotiations with the former ruling party can take the sting out of the burgeoning peril before the window of opportunity closes.However, despite the rare talks, neither side showed any appetite to thaw tensions on the ‘sticking point’ — early elections — as the political temperature continues to rise up. Click here to read…

Sri Lanka
Sri Lanka expects up to $8 bn more in loans, asset restructuring: Minister – Daily News

Sri Lanka is expecting loans of up to $5 billion next year from multilateral agencies besides a deal with the IMF, Foreign Minister Ali Sabry told Reuters, adding that the government could raise up to $3 billion through the restructuring of state assets. “Apart from what we get from the IMF, we are looking at all others, the multilaterals put together another $4 to $5 billion …,”Sabry said in an interview on Wednesday. “The President is interested in restructuring some of the (state) institutions, so through that if we can raise $2 to $3 billion, our treasury and reserves become strengthened.” Click here to read…

Discusses ways to enhance cooperation at Parliamentary level – Daily News

Sri Lanka and India sought ways and means to enhance cooperation at Parliamentary level, when Sri Lanka’s High Commissioner to India Milinda Moragoda met with the Chairman of the Committee on External Affairs of the Indian Parliament, Shri P. P. Chaudhary on December 13 in New Delhi…The discussion focused on how to enhance interactions between the two Parliaments through exchanges of committees and friendship groups. High Commissioner Moragoda’s meeting with the Chairman was held in keeping with the objective, ‘Enhance cooperation at Parliamentary level; boost Parliamentary diplomacy’, stipulated in the ‘Integrated Country Strategy for Sri Lanka Diplomatic Missions in India 2021/2023’ policy roadmap of the High Commission. Click here to read…

A political breakthrough – Daily News

The collective Opposition had hoped that, with many factions of the ruling Sri Lanka Podujana Peramuna (SLPP) going their separate ways, there was an opportunity to harness that dissent into a majority vote against the Government during the Budget debate. That however did not materialise. …The Budget was endorsed with 123 votes for and 80 against, a tally similar to the vote on the Second Reading. With the passage of the Budget in Parliament now concluded, President Wickremesinghe and his Government have been quick to shift their focus to two other important matters: a final resolution of the ethnic issue and conducting Local Government (LG) elections throughout the country. Click here to read…

VIF Neighbourhood News Digest: March 29, 2022

Afghanistan
UNDP to Provide $50M to Implement Afghan Economic Programs- Tolo News

A senior official of the United Nations Development Program (UNDP) announced a $50 million grant to help implement economic programs for citizens in the north of Afghanistan. Click here to read…

Laghman Governor: ‘No Armed Opposition Groups in Laghman’- Tolo News

Zain al-Abuddin Abed, the governor of Laghman province, said there are no armed opposition groups in the province. Click here to read…

Ban on Intl Media Programs Sparks Local and Global Reactions- Tolo News

The recent decision to prohibit Afghan local media from airing foreign TV channels’ news programs provoked reactions globally. Click here to read…

UN Calls on Islamic Emirate to Honor Promise on Girls’ Education- Tolo News
The members of the UN Security Council have expressed their deep concern regarding the inability of girls beyond grade six in Afghanistan to return to their schools, as they were promised. Click here to read…

Karzai hopes Beijing huddle to be fruitful for Afghanistan- Pajhwok

Former President Hamid Karzai has said that China is Afghanistan’s good neighbor and friend and expressed hope pf future cooperation. Click here to read…

Younis Khan and Umar Gul to coach Afghan players- Pajhwok

Afghanistan Cricket Board (ACB) says that former Pakistan captain Younis Khan and national player Umar Gul has agreed to work as interim coaches with Afghan National Cricket team at UAE training camp. Click here to read…

Bangladesh
Bill to curb banking fraud- The Daily Star

The Payment and Settlement Systems Bill 2022 was placed in parliament yesterday with a provision to punish top bank officials for fraudulence committed digitallyClick here to read…

Bangladesh an important partner in diplomacy’- The Daily Star

The European Union considers Bangladesh a very important partner in the regional and global diplomatic landscape, as the country has been able to demonstrate its economic and diplomatic strengths in recent years, EU Ambassador to Bangladesh Charles Whiteley said yesterday. Click here to read…

Momen in Colombo to attend 18th ministerial meeting of BIMSTEC- The Daily Star

The eighteenth ministerial meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) opens in the Sri Lankan capital tomorrow (March 29) as the members explore ways to strengthen the forum on all fronts. Click here to read…

US sanctions on Rab an abominable move: PM- The Daily Star

Prime Minister sheikh Hasina today came down heavily on the USA for imposing sanctions on Rapid Action Battalion and some of its officials, terming it an “abominable move”.Click here to read…

Police use teargas, water cannon during clash with hartal supporters at Paltan- The Daily Star

Police used water cannon and fired tear-shell during a clash with hartal supporters at Paltan intersection in Dhaka today. Click here to read…
South Asia Diary: Ukraine war triggers food crisis in Bangladesh- WION

The war in Ukraine has triggered a food crisis in Bangladesh. Traders are hoarding essential commodities to drive up prices. The Bangladesh government has responded by announcing a nationwide ration scheme. Click here to read…

Bhutan
Major Covid-19 travel protocol changes from today- Kuensel

With the Prime Minister’s Office (PMO) announcing phase-wise relaxation on the travel restriction in the country on March 26, the system of switching drivers ferrying goods at various points of routes has been lifted from today. Click here to read…

Transportation becomes cheaper with no driver-switching system- Kuensel
With the driver switching modality cancelled from today, businesses expect the price of commodities to drop as transportation becomes cheaper. Click here to read…

(Editorial) Entering the new phase- Kuensel

From today we begin a new phase of relaxation. In Thimphu, movement across mega-zones is allowed and the use of private cars, taxis and city busses resumesClick here to read…

The inspirational story of Bhutan’s first Oscar nod: ‘Lunana: A Yak in the Classroom’- Knkx

The film Lunana: A Yak in the Classroom, nominated for an Oscar in the Best International Feature category, traces the year-long transformative journey of a young Bhutanese teacher, Ugyen Dorji (played by actor Sherab Dorji). Click here to read…

Maldives
An Ex-President, ‘India Out’ & China: Why is Jaishankar’s Maldives Trip Vital?: The Quint

Abdulla Yameen, a former president currently leading an anti-India campaign, was recently freed from house arrest. Click here to read…

S Jaishankar, Who is in the Maldives to Discuss Bilateral Ties, Has Praised the Maldives for Its Efforts to Combat Climate Change.: Industry Global News24

S Jaishankar, who is in the Maldives to discuss bilateral ties, praised the Maldives’ climate change initiatives and stated that India is collaborating on one of the country’s largest climate adaptation projects and is eager to give its expertise in this field. Click here to read…

Myanmar
US issues sanctions on alleged arms dealers for Myanmar military – The Financial Express

The United States imposed new sanctions on Friday targeting alleged arms dealers and companies it said were involved in procuring weapons for Myanmar’s junta, the US Treasury Department said. Click here to read…

Myanmar junta chief vows no talks with opposition “terrorists” – KFGO

Myanmar’s junta chief on Sunday said the military would not negotiate with “terrorist” opposition forces, vowing to annihilate them during a speech on Armed Forces Day, as opponents of last year’s coup vowed they would fight on. Click here to read…

UN expert slams govt silence on death threats against activist – Free Malaysia Today

A United Nations human rights official has questioned the government’s seriousness in handling the harassment and death threats faced by a Rohingya activist in MalaysiaClick here to read…

UN agencies to raise $800m for Rohingyas in Bangladesh camps – NewAgeBD

International communities are set to join a conference on Tuesday for making new commitments on providing funds to maintain the expenses in Rohingya camps and adjacent areas in Bangladesh in 2022. Click here to read…

Nepal
Nepal to receive 11.4 billion rupees in Chinese aid- Himalaya

The government of the people’s republic of China will provide more than Rs 11.40 billion in grant assistance to the Government of Nepal under financial and technical assistance. Click here to read…

PM embarks on India visit on Friday- Himalaya

28Prime Minister Sher Bahadur Deuba is leaving for an official visit to India on April 1 at the invitation of Indian Prime Minister Narendra Modi. Click here to read…

Deals on energy, connectivity on the cards during Deuba’s India visit- Kathmandu Post

Deuba is visiting Delhi on April 1-3 in his first official foreign outing since assuming office. Click here to read…

Loans on commercial terms could greatly increase Nepal’s debt burden- Kathmandu Post

Focus should be on grants, and if credit is a must, interest should be nominal, experts say. Click here to read…

EC allows fringe parties to contest polls with respective election symbols- Republica

The Election Commission (EC) of Nepal has decided to provide separate election symbols to all the political parties registered for the purpose of contesting local level pollsClick here to read…

Pakistan
JUI-F supporters vow to stay in Islamabad till PM’s removal- Dawn

While a number of political developments were observed at the national level on Monday, workers of the opposition parties believed that the stage had been set and their leaders needed to give a last push to topple the government.
https://www.dawn.com/news/1682369/jui-f-supporters-vow-to-stay-in-islamabad-till-pms-removal” target=”_blank”>Click here to read…

Pakistan dealt well with Covid: UN- Dawn

A UN report released on Monday places Pakistan among the countries that have done fairly well in the fight against the Covid-19 pandemic.
https://www.dawn.com/news/1682326/pakistan-dealt-well-with-covid-un

Capital police facing shortage of over 1,700 personnel, NA told- Dawn

The capital police are short of manpower compared to its sanctioned strength, the National Assembly has been informed. Click here to read…

SC irked by Imran’s remarks about Nawaz wooing judiciary- Dawn

Taking exception to the statements made by Prime Minister Imran Khan about the judiciary at a public meeting a couple of days ago, Justice Jamal Khan Mandokhel on Monday wondered if the premier could restrain himself from “irresponsible” utterancesClick here to read…

Qureshi to leave for China today- Dawn

Foreign Minister Shah Mahmood Qureshi will leave for China on Tuesday (today) where he is expected to meet foreign ministers of other countries, including Russia, Iran and Central Asian states. Click here to read…

Sri Lanka
To help Sri Lanka tackle an economic crisis, India pledges to continue cooperation, aid: Hindustan Times

Jaishankar also held talks with Sri Lanka’s finance minister Basil Rajapaksa, who has been coordinating with the Indian side on measures to cope with the economic crisis. Click here to read…

Sri Lanka President Gotabaya Rajapaksa thanks India for ‘invaluable assistance’: The Hindu

President Gotabaya Rajapaksa on Monday thanked visiting External Affairs Minister S. Jaishankar for India’s “invaluable assistance” to Sri Lanka, which is grappling with one of its worst economic crises. Click here to read…