byJane Cai in South China Morning Post, July 10, 2017 China’s finance ministry was technically correct when it reacted to a sovereign debt rating downgrade in May by saying the debts of local government financing vehicles (LGFVs) and state-owned enterprises would not swell the government’s contingent liabilities. But on the ground, where it’s practically impossible to separate the debts of China’s tens of thousands of LGFVs from local authorities themselves, the situation is very different.…
Posts published in “Day: July 10, 2017”
by Nectar Gan in the South China Morning Post July 10, 2017 Exactly two years ago, in the dead of night, the quiet of Wang Yu’s Beijing home was shattered by the roar of an electric drill boring into her door. Moments earlier, the internet connection to the apartment had been cut and the lights had gone out, plunging the prominent human rights lawyer – who was home alone after dropping off her husband and…
by Pavel Haider Chowdhury & Salman Tarek Shakil in Dhaka Tribune, July 10, 2017 The ruling Awami League (AL) and Bangladesh Nationalist Party (BNP) are reportedly looking for ways to reach a compromise on participatory elections keeping Prime Minister Sheikh Hasina as head of election-time government. Seeking anonymity, leaders from both parties have said there is a possibility they will come to an agreement on when to dissolve the parliament before the 11th parliamentary elections…
report in Dhaka Tribune, July 9, 2017 at 11.44pm Gopalganj: A teacher of Mahadus Shaik Al Islami Madrasa in Madaninagar of Narayanganj went missing from Shimulia Bus Stand area of Munshiganj while he was on the way to Dhaka from Gopalganj on July 3. The victim was Abu Syeed Sheikh, 24, son of Ali Sheikh of Ghoserchar Uttopara village in Sadar upazila. Victim’s cousin Fakhrul Alam said they had searched for Abu Syeed at every…