Daily Archives: April 17, 2018

BANKING SECTOR IS NOW AN ORPHAN: CPD

Independent think tank Centre for Policy Dialogue (CPD) today criticised the government role over the struggling banking sector. At a budget recommendation press conference held at CIRDAP Auditorium, CPD doubted the...

MYANMAR PRESIDENT GRANTS AMNESTY TO 8,500

Myanmar President Win Myint has granted amnesty to more than 8,500 prisoners, reportedly including at least three dozen political prisoners. The amnesty coincided with Myanmar’s traditional New Year. It was...

EXPLOSION NEAR INDIAN EMBASSY CAMP OFFICE IN NEPAL

An explosion has hit an Indian consulate camp office in Nepal's Biratnagar, officials said. No one was injured in the explosion that took place at the temporary office of...

China says it wants to stick to ‘right path’ of bilateral ties with India

China wants to stick to the "right path" of bilateral ties with India, explore new areas for cooperation and ensure sound and steady development of the relationship, the Chinese...

Bangladesh, Saudi Arabia boost military relationship

Bangladesh Prime Minister Sheikh Hasina visited Saudia Arabia on Sunday (Apr 15) to attend the concluding ceremony of a joint military exercise named “Gulf Shield -1” hosted by the...

Pak PM, Saudi king discuss security, regional issues

Prime Minister of Pakistan Shahid Khaqan Abbasi on Monday (Apr 16) met with Saudi Arabia’s King Salman bin Abdulaziz Al-Saud during the closing ceremony of Gulf Shield-1 in the...

Bangladesh eyes settlement in US cyber heist suit ahead of its own case

An Ecuadorian bank and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, providing a possible precedent for the Bangladesh central bank’s planned suit to recover...

Pakistan’s watchdog condemns human rights record

Pakistan’s leading watchdog slammed the nation’s deteriorating human rights record in a report released on Monday, highlighting extrajudicial killings and enforced disappearances across the turbulent country. The Human Rights Commission...

India heading for ‘day zero’ water as reservoirs shrink

As South Africa’s Cape Town begins its countdown to the fast approaching “day zero” water crisis when taps will completely run dry, a new satellite study warns four countries...

Taliban turns down Afghan President’s offer to take part in elections

The Taliban radical movement has rejected the offer of Afghan President Ashraf Ghani to participate in Afghanistan’s parliamentary and local elections, TOLO broadcaster reported. The Taliban  slammed the upcoming elections,...

Nepal  plans to sign energy pact with Bangladesh

Nepal’s Ministry of Energy, Water Resources and Irrigation is preparing to sign a memorandum of understanding (MoU) with Bangladesh to strengthen energy cooperation between the two countries. Nepal and Bangladesh...

Former Sri Lankan minister held for financial fraud

Sri Lanka’s former Sports Minister Mahindananda Aluthgamage was on Monday (Apr 16) arrested for allegedly misappropriating over LKR 39 million four years ago to buy sports goods, the police...

Pakistan in talks with Malaysia on JF-17

Pakistan and Malaysia are in preliminary discussions about the potential export of the Pakistan Aeronautical Complex/Chengdu Aircraft Industry Corporation (PAC/CAC) JF-17 Thunder combat aircraft, an official from PAC has...

Pakistan in talks with Malaysia on JF-17

Pakistan and Malaysia are in preliminary discussions about the potential export of the Pakistan Aeronautical Complex/Chengdu Aircraft Industry Corporation (PAC/CAC) JF-17 Thunder combat aircraft, an official from PAC has...

India’s trade deficit with China up two-fold in adecade to 2016-17; can India benefit...

India’s trade deficit with China increased more than two-fold (219%) from $16 billion in 2007-08 to $51 billion in 2016-17, according to commerce ministry data. India’s imports ($61 billion) from...

Pinarayi and Gadkari link up on development

The American think tank, Carnegie Endowment for International Peace, had featured a riveting ‘curtain-raiser’ to the 2014 poll in India entitled Does Good Economics Mean Good Politics In India?...

Border clashes threaten Pak-Afghan thaw

Pakistan and Afghanistan began efforts to defuse tensions after cross-border skirmishes on Sunday left at least 2 Pakistani paramilitary soldiers martyred and many others wounded. The incident – happened along...

Border clashes threaten Pak-Afghan thaw

Pakistan and Afghanistan began efforts to defuse tensions after cross-border skirmishes on Sunday left at least 2 Pakistani paramilitary soldiers martyred and many others wounded. The incident – happened along...

Bangladesh eyes settlement in US cyber heist suit ahead of its own case

An Ecuadorian bank and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, providing a possible precedent for the Bangladesh central bank’s planned suit to recover...

Nepal committed to implementing deals with China: foreign minister

Nepali Foreign Minister Pradeep Kumar Gyawali on Monday (Apr 16) said his government is committed to implementing bilateral agreements reached between Nepal and China. Gyawali, who will leave for China...

Myanmar readies for second face of reforms

Myanmar has reached a critical crossroads with the start of a new financial year and the beginning of the National League for Democracy (NLD) government’s third year in office....