Daily Archives: February 20, 2018

Pakistan FM Asif off to Russia for talks with counterpart Lavrov

Pakistan’s Foreign Minister Khawaja Asif on Monday (Feb 19) left for Russia on a four-day visit at the invitation of his Russian counterpart, Sergei Lavrov, state-owned broadcaster Radio Pakistan...

Billionaire Richard Branson unveils hyperloop plans for India

British tycoon Richard Branson-backed Virgin Hyperloop One is proposing to build a super-fast transportation system in India that would connect the city of Pune with the planned new airport...

Maldives president seeks approval to extend state of emergency by 30 days

Maldives President Abdulla Yameen on Monday (Feb 19) sought parliamentary approval to extend a state of emergency by 30 days, saying a threat to national security had not diminished...

Bangladesh opposition leader gets verdict copy

Bangladesh Nationalist Party (BNP) chairperson and former prime minister Khaleda Zia's lawyers have received the 1,174-page certified copy of the verdict in the Zia Orphanage Trust Graft case. On behalf...

Myanmar rejects EU call for independent investigation into Rohingya exodus

In response to an EU parliamentary delegation’s demand for an independent investigation into alleged suppression of Muslim minorities in northern Rakhine State, the Myanmar government has said it does...

Nepal Prez summons federal parliament meeting for March 5

Nepal President Bidya Devi Bhandari has summoned the first meeting of the federal parliament for March 5, after over two months following the conclusion of the House of Representative...

Sri Lankan president’s party agrees to stay in unity govt

The Sri Lanka Freedom Party (SLFP) in discussions Monday with President Maithripala Sirisena had agreed to remain within the UNP led coalition government, but had not fully given up...

Israel plans post harvest warehouses in Myanmar’s Mandalay

An Israeli company is in talks with the government to build warehouses within a year to help farmers with post-harvest production in Mandalay Region. Avri Bar Zur, chief agronomist at...

HAL engages with local firms over Light Helicopter production

India’s Hindustan Aeronautics Limited (HAL) has approached domestic private-sector companies to build under licence the civilian version of its Dhruv Advanced Light Helicopter (ALH). HAL said on 16 February that...

Australia, US, India and Japan in talks to establish Belt and Road alternative

Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China’s multibillion-dollar Belt and Road Initiative in an attempt...

Chinese consortium becomes BD Stock Exchange’s strategic investor

Dhaka Stock Exchange (DSE) of Bangladesh has decided to sell 25% of its shares to a consortium of the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE),...

Nepal leader vows to revive Chinese project, open to review pact with India

Nepal’s new communist prime minister will restart a Chinese-led US$2.5 billion hydropower project that was pulled by the previous government considered friendly towards India, and wants to increase infrastructure...

Declaring Pakistan state sponsor of terrorism will not help: scholars

Declaring Pakistan a state sponsor of terrorism will create a situation that will be difficult to reverse, will fail in forcing Islamabad to change its policies and will not...

India bank hack ‘similar’ to $81 million Bangladesh central bank heist

Hackers who tried to steal nearly $2 million from India’s City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of $81 million...

Why China is keen to discuss CPEC with India

Faced with growing doubts about the much-touted economic benefits of China’s Belt and Road Initiative (BRI), accentuated by the recent cancellation of two projects by Pakistan and Nepal, its...

On the Afghan Taliban’s ‘open letter diplomacy’

Writing an open letter is not something that has been done for the first time. In fact, the Afghan Taliban had welcomed the Trump administration into office by writing...