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Articles Archive for 13 July 2017

Featured, Gilgit -Baltistan »

[13 Jul 2017 | No Comment | ]

By Aziz Ali Dad in THE NEWS,July 13, 2017
The writer is a freelance columnist based in Gilgit.
Though there was no serious confrontation between different sects in Gilgit-Baltistan during the British period, there were latent sectarian prejudices among the populace. Colonel John Biddulph in his book ‘Tribes of the Hindoo Kush’ recorded some practices and attitudes among Sunni and Shia communities that showed increasing dislike for each other among normally moderate people in matters of religion.
Biddulph served in Gilgit, Yarkand, the Pamir and Wakhan in the 19th century. Writing …

China »

[13 Jul 2017 | No Comment | ]

By Sidney Leng in South China Morning Post, July 13, 2017
China’s banks extended more loans than expected last month, but analysts warned of the risk of rising financing costs.
The People’s Bank of China said on Wednesday that 1.54 trillion yuan (HK$1.77 trillion) in new loans was issued last month, up from 1.11 trillion yuan in May. Of the June figure, 483 billion yuan was for home mortgages, reflecting continuing property sales despite efforts by more than 50 cities to keep a lid on home price growth.
Total social financing, which measures …

China, Headline »

[13 Jul 2017 | No Comment | ]

by Jane Cai in South China Morning Post, July 13,2017
Hong Kong and mainland China are the most vulnerable economies at risk of a financial crisis over the next three years as over 40 out of 60 economic indicators are sending alarm signals, including runaway property prices and soaring levels of private debt, according to an investment bank report.
Emerging markets are more at risk of a financial crisis than developed countries and Asia – excluding Japan – is the region most at risk, led by Hong Kong and mainland China, the …

Bangladesh »

[13 Jul 2017 | No Comment | ]

By Mohammad Al-Masum Molla in The Daily Star, July 13, 2017
The Election Commission has asked all the registered political parties to send the name of a person each within seven working days so that it can contact them for an electoral dialogue and other related issues.
The commission is likely to open the dialogue next month which might continue through October.
Copies of a letter signed by EC Secretary Muhammad Abdullah were sent to 40 political parties on Tuesday.
According to the letter, each political party should send the name of a focal …

Bangladesh »

[13 Jul 2017 | No Comment | ]

This year’s unusual hike in rice prices caught Food Minister Qamrul Islam napping.
Both Qamrul and the ministry he leads seemed ill prepared all along, but the minister has his own logic for that.
“I’m no astrologer,” he told The Daily Star, “How could I possibly anticipate that there would be such a devastating flood?”
He was, of course, referring to the flashfloods that washed away 10 lakh tonnes of Boro rice, the only rice Haor farmers grow in a year.
True, it was anyone’s guess that flashfloods would strike the vast backswamp …

Bangladesh, Headline »

[13 Jul 2017 | No Comment | ]

Report in Prothom ALo, July 12, 2017 at 23:11 hrs
Prime minister Sheikh Hasina on Wednesday said there will be no negative reaction in the international arena due to the procurement of two submarines from China as it was a decision of national interest, reports UNB.
“I believe the procurement of submarines from China is a decision of national interest and there’ll be no negative reaction in international arena for this,” she said.
The prime minister said this while responding to a starred question from M Rustam Ali Farazi (Pirojpur-3) in parliament during …

Headline, India Pak Ties »

[13 Jul 2017 | No Comment | ]

by Javaid-ur-Rahman/INP in The Nation, July 13, 2017
ISLAMABAD – Wapda Chairman Lt-Gen (r) Muzamil Hussain, during a meeting of the Public Accounts Committee on Wednesday, revealed that Pakistan wastes water worth Rs25 billion every year.
Muzamil Hussain, while briefing the committee, said though Pakistan receives 145 million acre feet of water every year, yet only 14m acre feet of water is preserved.
The chairman said that due to soil gathering at the base of Tarbela Dam the storage capacity of the dam has decreased by 36 per cent. Therefore, constructing Diamer-Bhasha dam …

China, Featured »

[13 Jul 2017 | No Comment | ]

PTI report in Hindustan Times,Jul 11, 2017 15:16 IST
Washington:: The stand-off between India and China soldiers in the Dokalam area could be part of China’s “salami-slicing” tactics of making “inch-by-inch” changes to the status quo to slowly gain a strategic mile, a top American expert has said.
China and India have been engaged in a standoff in the Dokalam area of the Sikkim sector near the Bhutan tri-junction for over three weeks after a Chinese Army’s construction party attempted to build a road.
“I am concerned about the standoff on the border, …