Asia Headlines: Quick Recap
New Delhi & Washington track China’s secret Himalayan space launch
On 27th September launched a mysterious space launcher from its secret dark base in Akashi Chin, an area that they have occupied illegally. (Intelligence Online)
Earth Might Have Passed A Critical Warming Threshold
Friday was the first day on record to have a global average surface temperature above 2°C when compared to preindustrial levels, emerged first from a data set maintained by the European Center for Medium-range Weather Forecasts (ECMWF).
Bangladesh’s top court upholds decision barring largest Islamist party from elections
Bangladesh’s top court upholds decision barring largest Islamist party from elections by refusing to overturn 2013 lower court ruling. (The Guardian, Nigeria)
Iran’s Khamenei urges Muslim states to cut political ties with Israel
Iran’s Supreme Leader, Ayatollah Ali Khamenei, called on Muslim-majority countries to cut off political ties with Israel, citing their failure to condemn Israeli actions in Gaza. (Reuters)
A Russian general who was critical of the army’s operation was found dead
Lieutenant General Vladimir Sviridov, 68,who was critical of Russian army and his wife Tatyana, 72, were found dead on Wednesday. Cause unknown. (Kyiv Post)
Lai Ching-te, the frontrunner for Taiwan’s presidency, named on Monday Taipei’s former envoy to the United States
Lai Ching-te, the frontrunner for Taiwan’s presidency, named on Monday Taipei’s former envoy to the United States Hsiao Bi-khim, 52 as his running mate in January’s election, a high-profile diplomat well known in Washington but who Beijing denounces as a separatist. (Reuters)
Philippines’ Marcos meets China’s Xi to find ways to reduce South China Sea tensions
Philippine President Ferdinand Marcos Jr met with Chinese President Xi Jinping on Friday, seeking ways to reduce tensions in the South China Sea and restore Filipino fishermen’s access to fishing grounds. (Reuters)
Philippine earthquake death toll rises to 8
The death toll from a 6.8-magnitude earthquake in the southern Philippines has risen to eight, with casualties still being verified, according to the National Disaster Risk Reduction and Management Council. Over 1,500 people were affected, and damages included 50 houses, 70 structures, and impassable roads. (Xinhua)
More than 500 Rohingya refugees land in Indonesia
Over 500 Rohingya refugees arrived in Indonesia’s Aceh province, marking one of the largest arrivals since Myanmar’s 2017 military crackdown. This week alone, over 800 refugees reached Aceh. (France 24)
Philippines’ Marcos meets China’s Xi amid South China Sea tensions
During the Asia-Pacific Economic Cooperation summit in San Francisco, Philippine President Ferdinand Marcos Jr. met with Chinese President Xi Jinping to discuss mechanisms for reducing South China Sea tensions. Both leaders agreed that geopolitical issues should not define their relationship, emphasising their commitment to avoid war. (Japan Times)
Bangladesh De/Cypher
20 Nov, 2023
Stories from Bangladesh
Monday
Arsonists will be defeated, PM says as she opens Ghorashal urea factory
Prime Minister Sheikh Hasina inaugurated Ghorashal-Palash Urea Fertiliser Factory (GPUFF), Southeast Asia’s largest fertiliser factory in Narsingdi. The factory has an annual production capacity of 9.24 lakh MT of fertiliser, reducing Bangladesh’s reliance on fertiliser imports significantly. 30,000 jobs are expected to be created by the factory. Read more: The Business Standard
Blockade causes Tk 2,600cr loss in Bangladesh road transport sector
The transport sector in Bangladesh has suffered losses totalling more than Tk 2,600 crore as a result of the ongoing blockades and hartals, with owners of goods carriers bearing the heaviest losses totalling more than Tk 1,500 crore. The organisation has filed police reports against those responsible for torching and vandalising vehicles. Read more: New Age
US urges AL, BNP, JP to engage in unconditional dialogue
The US government has urged Bangladesh’s three major political parties to engage in unconditional dialogue in order to hold a free, fair, and peaceful election. The US also reaffirmed its willingness to intervene if necessary to support democracy in Bangladesh. Read more: The Daily Observer BD
Local govts spend only 8pc of total expenditure
According to a recent survey conducted by the Bangladesh Bureau of Statistics (BBS), local governments in Bangladesh spend only 8% of their total budget on waste management. This figure falls short of the global standard of 15-20% waste management spending. Read more: The Daily Sun
EU ‘sustaining its support’ to Rohingya crisis: Ambassador Whiteley
A European Union (EU) delegation visited Rohingya camps in Bangladesh and assured them of continued support. The delegation thanked Bangladesh authorities, the Rohingya Refugee Response Centre, the United Nations, and the European Commission’s Humanitarian Aid department (ECHO) for their efforts in addressing the Rohingya refugee crisis. Read more: The Financial Express
Enforced disappearances and absence of justice has broken public trust
The United Nations Human Rights Council has expressed grave concern about the human rights situation in Bangladesh, particularly extrajudicial killings, enforced disappearances, and judicial independence. Amnesty International has urged UN member states to use the upcoming Universal Periodic Review (UPR) on Bangladesh to hold the authorities accountable for gross human rights violations and the country’s rapidly deteriorating human rights situation. Read more: Prothom Alo
Threat to Peter Haas: Case against AL leader rejected
A Dhaka court has dismissed a case filed against seven people, including Chambol Union Chairman and Union Awami League Convener Mujibul Haque Chowdhury of Banshkhali upazila, for threatening to beat US Ambassador in Dhaka Peter Haas. The case was dismissed because there was no content in the case. Read more: Rising BD
Tuesday
PM declares 11 more districts homeless-free
Bangladesh’s Prime Minister Sheikh Hasina declared that 11 more districts are now homeless-free, bringing the total to 32. She also distributed 5,397 homes through the Ashrayan-2 project and declared 60 more upazilas landless or homeless. This brings the total number of upazilas free of homeless people to 394. Read more: The Dhaka Tribune
Russian navy ships call at Ctg port after 50yrs
For the first time in 50 years, a Russian naval group docked in Chattogram, Bangladesh. The visit is seen as a sign of the two countries’ growing friendship. The last time Russian warships visited Bangladesh was in 1971 to help clear mines from the port waters following the country’s independence war. Read more: The Daily Star
Adani Group eyeing investments in BD, East Africa after $553m Sri Lankan port
The Adani Group, an Indian conglomerate, is looking for investment opportunities in Bangladesh, East African and Southeast Asian countries such as Tanzania and Vietnam. This follows the announcement by the US government of a $553 million investment in the Adani Group’s West Container Terminal in Colombo, Sri Lanka. Read more: The Daily Observer BD
Khaleda Zia to be kept under observation for another week
BNP chairperson Khaleda Zia, who has been receiving treatment at a Dhaka hospital for more than three months, will be monitored for another week. She had blood vessel surgery and is being advised by US expert physicians to stay in the hospital for at least four weeks after the procedure. Read more: Prothom Alo
Future of Bangladeshi govt should be determined by its people: US State Dept
The US believes that free and fair elections should be held to determine the future of Bangladesh’s government. The United States has made this statement several times, emphasising its support for Bangladesh’s democracy. Read more: The Business Standard
Shifting the narrative for women-led businesses in Bangladesh
In the remote areas of Khulna, Bangladesh, women are stepping up as entrepreneurs, overcoming adversity, and challenging gender inequality. To support their efforts, Arla Foods and the Dutch social impact enterprise Bopinc have collaborated to launch the Pushti Ambassador Partnership program. The initiative aims to bolster rural women’s financial empowerment and improve nutrition in rural Bangladesh. The program recruits women entrepreneurs based on specific criteria such as their entrepreneurial mindset, their capacity, and status in their community. However, female entrepreneurs continue to face significant challenges. They encounter higher borrowing costs, limited market access, and gender discrimination. Both public and private sectors need to step up their support for female entrepreneurship to unlock its full potential and further economic growth. Read more: The Business Standard
Wednesday
125 BNP leaders to join next Bangladesh general election independently
A group of 125 BNP leaders have announced that they will run independently in the upcoming general election under the banner of Swatantra Ganatantra Mancha. They made the announcement on November 15, 2023, at a press conference in Dhaka. The leaders stated that they support a free, fair, and neutral election and oppose the BNP’s violence and anarchy. Read more: New Age
Bangladesh witnesses record high 24 dengue deaths in a day
Bangladesh saw a record-high 24 dengue deaths in a single day, bringing the total death toll from the mosquito-borne disease to 1,520. This is the most dengue deaths in a single year since 2000. Dengue hospitalisations have also reached an all-time high, with over 296,000 cases reported so far this year. The outbreak is especially severe in Dhaka, the capital, where more than half of the deaths have been reported. Read more: New Age
National election on Jan 7
The next national election in Bangladesh will be held on January 7, 2024. On Wednesday, November 15, Chief Election Commissioner Kazi Habibul Awal announced the election schedule. The deadline for nominations is November 30, and nomination papers will be reviewed between December 1 and December 4. The distribution of electoral symbols will take place on December 18, and parties and candidates will be able to campaign from December 18 to January 5. Read more: Somoy News
EU delegation emphasises on labour and human rights
During its visit to Bangladesh, the EU delegation emphasised the importance of labour and human rights. The delegation welcomed progress on garment safety standards, but noted that challenges in labour and human rights remain. In terms of labour rights, the delegation suggested that Bangladesh increase its efforts to ensure that its policies and practises are in line with International Labour Organisation (ILO) standards. The delegation also urged the government to expedite reforms required to meet EBA conditionality. Read more: Prothom Alo
Quader rules out dialogue after receiving Lu’s letter
The Awami League General Secretary, Obaidul Quader, stated that there is no room for dialogue with the BNP now that the Election Commission has announced the date for the next general election. He stated that the Awami League had repeatedly urged the BNP to consider dialogue, but the BNP had refused. Quader also stated that the Awami League had received a letter from US Assistant Secretary of State for South and Central Asian Affairs Donald Lu requesting that an election be held in a free, fair, and neutral manner. Read more: Dhaka Tribune
Bangladesh to import 3.8 million tonnes refined petroleum
Bangladesh intends to import 3.8 million tonnes of refined petroleum in 2024, including diesel, Jet-A1 fuel, octane, furnace oil, and marine fuel. Petroleum will be imported from various countries on a government-to-government (G-G) basis. This is in addition to the 1.5 million tonnes of crude oil that Bangladesh plans to import from Saudi Arabia and the United Arab Emirates (UAE) in 2024. Read more: The Daily Observer BD
Thursday
Bangladesh-India ties stand out as ‘model relationship’: Jaishankar
India’s External Affairs Minister (EAM) S Jaishankar stated that India and Bangladesh have a “model relationship” that is distinguished by successful territorial dispute resolution, improved connectivity, and mutual economic benefits. According to the EAM, the inauguration of rail lines, power plants, and port facilities exemplifies the strong ties between the two nations. Read more: Prothom Alo
Bangladesh receives 301 recommendations in UPR
During its fourth Universal Periodic Review, Bangladesh received 301 recommendations from 110 countries. The country will have two months to make a decision on these recommendations, which are geared towards improving human rights. Read more: Dhaka Tribune
UN adopts Rohingya resolution by consensus
The United Nations General Assembly passed a resolution on the human rights situation of Myanmar’s Rohingya Muslims and other minorities. The resolution urges Myanmar to address the root causes of the Rohingya crisis and to create an environment conducive to their return. The resolution also praises Bangladesh for hosting over 1.2 million Rohingya refugees and calls for continued international assistance to the Rohingya. Read more: Rtv Online
Bangladesh elected to UNESCO Executive Board
Bangladesh has been elected to the UNESCO Executive Board for the term 2023-27, marking the country’s third consecutive election to this position. Bangladesh’s success, according to Education Minister Dipu Moni, can be attributed to Prime Minister Sheikh Hasina’s deep engagement and diplomatic efforts. Read more: The Daily Sun
Netherlands joins group to create jobs for women in Bangladesh
The Embassy of the Kingdom of the Netherlands in Bangladesh has joined forces with a consortium to launch the ‘SheSTEM: Career Knows No Gender’ project, which aims to increase female participation in STEM (Science, Technology, Engineering, and Maths) jobs. From November 2023 to April 2026, the project will focus on policy advocacy and skill development. Read more: New Age
A Spy Agency Leaked People’s Data Online—Then the Data Was Stolen
In Bangladesh, the National Telecommunication Monitoring Centre (NTMC) unintentionally exposed a massive database containing extensive personal information such as names, professions, blood groups, phone numbers, call details, vehicle registrations, passport details, and fingerprint photos. Following that, anonymous hackers attacked the exposed database, claiming to have stolen the data. Read more: Wired
Friday
Govt will do only routine work, no policy decision until election: Law Minister
Minister of Law, Justice, and Parliamentary Affairs, Anisul Huq, stated that the government will focus on routine tasks and avoid making policy decisions until the January 7 national election. During this time, ongoing administrative functions, salary distributions, and existing development projects will be carried out, but no new initiatives or projects will be launched. Read more: The Daily Sun
5 killed as Cyclone Midhili crosses coast
Cyclone Midhili killed at least five people as it passed through Bangladesh, causing heavy rains and disrupting normal life. The cyclone caused a mud wall to collapse, killing four family members in Cox’s Bazar. Heavy rains flooded low-lying areas in Barishal, disrupting city roads and forcing the suspension of water transport services. Read more: The Daily Star
Ambassador Imran highlights nation’s success to US Congress
Bangladesh Ambassador to the United States, Muhammad Imran, met with Republican Congresswoman Young Kim and Congressman Ken Buck to update them on Bangladesh’s socioeconomic progress under Prime Minister Sheikh Hasina’s leadership. Ambassador Imran and Congresswoman Kim discussed Bangladesh’s robust ready-made garment exports, pharmaceutical industry, and other sectors. Read more: The Business Post BD
Proven gas reserves in Bangladesh set to hit rock bottom
Bangladesh is on the verge of an energy crisis, as domestic gas production is expected to halve due to rising demand and the expansion of gas-powered power generation. By 2026, gas-fired power capacity will have increased by 40%, exacerbating the crisis as proven gas reserves, particularly at the critical Bibiyana field, continue to decline. Read more: New Age
US to sanction attackers on labour rights campaigners
The United States announces plans to prosecute those who threaten, intimidate, or attack union leaders, labour rights activists, and labour organisations. US Secretary of State Antony Blinken suggests sanctions, trade sanctions, and visa restrictions as tools for holding those who violate labour rights accountable. Blinken emphasises the importance of advocating for worker rights around the world as a matter of national security and foreign policy. Read more: The Financial Express
Saturday
PM collects nomination form for Jan 7 polls
The sale of party nomination papers for the 12th parliamentary elections, scheduled for January 7, was launched by Awami League Prime Minister Sheikh Hasina. The election date has been announced by the Chief Election Commission, and candidates can collect and submit nomination papers from November 17 to November 30. The Awami League nomination board will choose candidates based on grassroots feedback. Read more: The Daily Star
Bangladesh among five countries seeks ICC probe into Gaza war
Bangladesh, along with South Africa, Bolivia, the Comoros, and Djibouti, have asked the International Criminal Court (ICC) to investigate the Israel-Hamas conflict. According to ICC chief prosecutor Karim Khan, the investigation, which began in March 2021, has now expanded to include the escalation of hostilities and violence since the October 2023 attacks. Read more: The Daily Sun BD
Foreign secy-level meeting with India likely next week
Foreign Secretary Masud Bin Momen will travel to India next week for a meeting with Indian Foreign Secretary Vinay Kwatra. The visit, scheduled at Kwatra’s invitation, is nearing completion, with officials from both countries in talks. Read more: The Business Post BD
Japan brings Bangladesh into the folds of new security framework
Bangladesh has been included in Japan’s ‘Official Security Assistance (OSA)’ framework, which aims to strengthen defence cooperation. The OSA, which has been in effect since April 2023, focuses on providing military assistance to ‘like-minded’ countries confronted with regional security challenges. Along with Malaysia, the Philippines, and Fiji, Japan’s strategic move addresses concerns about China’s influence in the Pacific. Read more: East Asia Forum
Bangladeshi films emerge from Bollywood’s shadow
Bangladeshi cinema is gaining prominence, with director Iqbal H. Chowdhury’s film, “The Wrestler,” winning the New Currents award at the 28th Busan International Film Festival, marking the first time a Bangladeshi film received the festival’s top prize. This success, along with the success of two other Bangladeshi films in competition, reflects the country’s growing presence in the film industry, which has overcome challenges such as being overshadowed by Bollywood and navigating political climate-related censorship issues. Read more: Nikkei Asia
Sunday
Bangladesh’s dengue hospitalisation tops 3 lakh
According to the Directorate General of Health Services, dengue hospitalisations in Bangladesh have surpassed 300,000 for the year, with 1,549 deaths reported as of November 19, 2023. This year’s dengue outbreak has set records for both hospitalisations and deaths, exceeding the totals for the previous 23 years since 2000. Read more: New Age
PM Hasina seeks larger foreign investment in Bangladesh
Bangladesh Prime Minister Sheikh Hasina has urged increased foreign investment in the country, highlighting the steps her government is taking to attract foreign investment. She emphasised the creation of economic zones and high-tech parks open to foreign investments during her speech at the 60th anniversary event of the Foreign Investors Chamber of Commerce and Industry (FICCI) and Investment Expo-2023. Read more: The Business Standard
48-hr hartal by BNP, other opposition parties, begins
The Bangladesh Nationalist Party (BNP) has called for a 48-hour nationwide shutdown (hartal) in protest of the ‘unilateral’ announcement of the schedule for the 12th parliamentary election. The hartal, which was joined by other political coalitions and parties, including Bangladesh Jamaat-e-Islami, began at 6:00 a.m. on Sunday and will last until 6:00 a.m. on Tuesday. Read more: The Daily Observer BD
Bangladesh envoy Imran presents credentials to Colombia president
Muhammad Imran, Bangladesh’s ambassador to the United States who is also accredited to Colombia, presented his credentials to Colombian President Gustavo Francisco Petro Urrego at a ceremony in Bogota. The Colombian president welcomed the ambassador, expressing satisfaction with bilateral relations and pledging support for diplomatic duties. Read more: Prothom Alo
15 female firefighters join fire service for first time in Bangladesh
For the first time in Bangladesh Fire Service and Civil Defence history, 15 female firefighters have joined the force. The appointments are intended to eliminate gender discrimination, with the post of “Fireman” being renamed “Firefighter” on Prime Minister Sheikh Hasina’s directive. The recruitment process, which began on June 20, attracted 2,707 female applicants, with the final 15 women chosen based on a variety of criteria. Read more: Bangla News 24
Decypher Opinion
How have cultural values in Pakistan and Bangladesh evolved over time?
World value survey started by Ron Ron Inglehart has been tracking societal mood over a long period of time. Th latest round offers an interesting window into a society in transition. The decrease in trust observed among Islamic countries (Economist), dropping from 32% in 1998 to just 15% in 2022, is part of a larger global trend towards individualism and a departure from collective traditional values. These challenges perpetuate a pervasive sense of insecurity amongst the Pakistani populace, consequently reinforcing adherence to traditional societal norms and institutions as a coping mechanism. Read more: De/Cypher
Surging Demand for Monsoon Climate-Resilient Homes in Bangladesh
In response to the increasing frequency and intensity of extreme weather events and heightened vulnerability to floods, Bangladesh faces a growing demand for monsoon climate-resistant homes. Traditional housing methods are insufficient, and nearly 60% of the population is exposed to high flood risk. Climate change exacerbates these challenges, emphasizing the need for effective flood management and resilient housing solutions. The escalating cost of rebuilding after disasters, such as Cyclone Sidr in 2007 and Cyclone Amphan in 2020, further underscores the urgency. The Bangladeshi government launched the Climate Change Adaptation Strategy and Action Plan in 2015 to promote measures for constructing climate-resistant homes. Strategies include elevated platforms and resilient materials like concrete and metal. As climate change intensifies, the demand for safe and affordable monsoon climate-resistant housing is expected to continue growing in the years ahead. Read more: De/Cypher
“Bangladesh’s Caretaker Conundrum: Navigating Political Turbulence and International Pressures”
In Bangladesh, the evolution of caretaker governments began in 1990, ensuring neutral oversight during power transitions. Its current relevance is evident in the political unrest as Prime Minister Sheikh Hasina faces opposition demands for a caretaker government ahead of the general elections in January. India and China back Hasina’s government and oppose foreign intervention. The US calls for a caretaker government and threatens visa cancellations for those who obstruct free elections. In 2004, the caretaker system was manipulated by the BNP, resulting in a constitutional crisis. Despite international pressure, Bangladesh will hold elections with Hasina in January, rejecting calls for a caretaker government. Read more: De/Cypher
How the world views Bangladesh
As Bangladesh gains global prominence, its political and economic landscape draws intense scrutiny. Despite economic growth and geopolitical significance, the country’s image is complex, shaped by diverse national interests and international relations. Alleged democratic abuses and political tensions surrounding elections have raised concerns among Western democracies, particularly the U.S. Geopolitically, Bangladesh is viewed as a testing ground for the Biden administration’s democracy initiative and a counter to China’s influence. India, traditionally invested in Bangladesh, exhibits a potential strategic shift, while China strengthens its influence through substantial investments. Bangladesh’s strategic location in the Indo-Pacific fuels global views, emphasizing its role in regional dynamics and economic opportunities, especially in the textile industry. The lack of consensus among major players underscores the inherent tensions and competing interests. Read more: De/Cypher
Infographic
Bangladesh is a major contributor to UN peacekeeping missions, providing the highest number of soldiers, 6,500, in April 2023. Since 1948, Bangladesh has been involved in 54 of 69 peace missions with 163,887 peacekeepers serving in 40 countries, mostly in Africa.
Fact of the Week!
Af-Pak De/Cypher
20 Nov, 2023
Stories from Pakistan
US Ambassador Meets Nawaz Sharif (Daily Pakistan, Urdu)
Donald Blome, the US Ambassador to Pakistan, met with Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif in Lahore, continuing a trend of high-level diplomats seeking talks with the former prime minister ahead of the upcoming general elections. Around 60 diplomats want to meet with Nawaz Sharif to hear his thoughts on international and bilateral issues.
UK CoS Arrives in Pakistan
UK Chief of General Staff General Sir Patrick Sanders arrived in Islamabad on a three-day tour. The statement issued by the British High Commission states that General Patrick Sanders will meet with other engagements with Pakistan’s Army Chief General Asim Munier. According to the British High Commission, this is a visit aimed at maintaining defence engagements, which are important between the two countries.
Monday
‘Rs46b recovered from power pilferers’
Power Division Secretary Rashid Langrial announced the recovery of Rs46 billion from power pilferers during the ongoing anti-power theft campaign, which runs from September 7 to October 31. Langrial highlighted the estimated annual losses of Rs589 billion across the national grid, with Rs199 billion originating from ex-FTA, Balochistan tube-wells, and AJK, which are not the focus of the campaign. Despite the challenges, he expressed confidence that sustained state support and field effort could resolve 80% of the remaining Rs390 billion problem space. Read more: The Express Tribune
PML-N pushes for nationwide election alliance to help win big on February 8
Former Prime Minister Nawaz Sharif is stepping up efforts to form a national political alliance ahead of the February 8 elections, with the goal of securing a majority in the National Assembly and forming a coalition government. Faced with challenges to his own candidature, Sharif’s PML-N party is looking for a multi-party coalition to ensure electoral success. Sharif, confident of making a political comeback, is planning strategic meetings and alliances to boost his chances in the upcoming general elections. Read more: Pakistan Today
MoU to signed to promote Pakistan-China friendship, culture
On Sunday, an agreement was signed between Pakistan’s Provincial Department of Local Government, Elections, and Rural Development (LGE&RDD) and China Window, a Chinese cultural centre in Peshawar. The agreement aims to promote friendship between Pakistan and China as well as Chinese culture in Khyber Pakhtunkhwa. Read more: The Nation PK
‘Abducted’ businessman returns
Nasibullah Achakzai, a prominent businessman and Pashtoonkhwa Milli, Awami Party leader, was abducted by unidentified gunmen while travelling from Chaman to Quetta in Balochistan and safely returned home on Sunday evening. Armed men apprehended him in Beleli and took him to an unknown location. Achakzai was released near Khezi Chowk after a comprehensive search. Read more: Dawn
‘Hate stirring up in Afghanistan’ as Pakistan deports illegal migrants
As Pakistan intensifies its clampdown on illegal migrants, particularly undocumented Afghans, nearly 300,000 have fled, causing resentment in Afghanistan. Concerns have been expressed about the impact of the abrupt deportations, with calls for phased and respectful repatriation. Senator Dilawar Khan has called for a government meeting to discuss a system for identifying and deporting undocumented Afghans. Read more: The News PK
Govt ‘blacklists’ over 100 apps offering interest-based loans
The Pakistani government has blacklisted 111 online lending apps, with the Cyber Wing of the Federal Investigation Agency (FIA) seizing Rs 1.8 billion. Interim Interior Minister Sarfraz Bugti stated that the FIA has filed cases against those who operate such mobile apps, highlighting the cases that are currently pending in court. Senator Mushtaq Ahmed expressed concern about students and educated individuals becoming victims of these apps, which initially offer nominal interest but later impose hefty charges. Read more: The Daily Pakistan
Pakistan Stock Exchange touches 56,000 mark for the first time in history
For the first time in its history, the Pakistan Stock Exchange (PSX) broke through the 56,000-point barrier. The increase is attributed to strong domestic demand, which experts attribute to a decrease in the yields on Pakistan Investment Bonds, which encourages increased domestic investment. The market’s positive momentum has set new records, and ongoing events, such as the IMF review, will have an impact on its future trajectory. Read more: Economy PK
Tuesday
IHC stays Imran Khan’s jail trial in cipher case
The jail trial of Pakistan Tehreek-e-Insaf Chairman Imran Khan in the cypher case has been stayed by the Islamabad High Court. The hearing on the intra-court appeal against the jail trial has also been postponed until November 16. Khan’s lawyer, Raja, told the court that five witnesses are still in the jail recording their statements. The judge stated that there are numerous questions that must be answered. Read more: The News PK
IMF seeking external financing assurances from friendly nations before releasing funds for Pakistan
Before releasing the second tranche of bailout funds, the IMF has asked Pakistan’s allies for external financing commitments. To avoid default, the South Asian country will require approximately $28 billion in external financing over the next 12-15 months. During the ongoing negotiations, the IMF directed Pakistani officials to guarantee revenue collection targets for FY23-24. Read more: Daily Pakistan
Uzbekistan’s Deputy PM for Trade and Investment arrives in Pakistan
Uzbekistan’s Deputy Prime Minister for Trade and Investment, Dr. Jamshid Khodjaev, arrived in Pakistan on Monday for a two-day visit to strengthen bilateral trade and investment ties. Pakistan and Uzbekistan have strong economic ties, with bilateral trade increasing from USD 27 million in 2019-20 to USD 126 million in 2022-23. The visit is expected to strengthen bilateral trade and investment ties. Read more: The Nation PK
Soldier among three killed in attack on private company’s vehicles in northwest Pakistan
A militant attack on an oil company convoy in Dera Ismail Khan, Pakistan, killed two civilians and one soldier. This is the second such attack in a week. The military has begun a search to locate any remaining terrorist elements. Read more: Daily Pakistan
Azerbaijan eager to promote bilateral trade
Azerbaijan’s ambassador to Pakistan, Bilal Hayee, met with the FPCCI President to discuss expanding cooperation in trade, investment, technology, and business delegations. FPCCI President Irfan Iqbal Sheikh emphasised the importance of B2B and P2P linkages, noting that Azerbaijan could benefit from Pakistan’s offerings in textiles, fruits, rice, surgical goods, pharmaceuticals, and IT expertise. Read more: The Express Tribune
Diabetes tied to 35% of premature deaths in Pakistan, reveals disturbing health insight
Diabetes is linked to 35% of premature deaths in Pakistan, according to a World Diabetes Day seminar. Experts emphasised the importance of early detection through routine blood screenings for people over the age of 35. To raise awareness and provide practical insights into diabetes prevention and management, a symbolic walk and a nutrition camp were organised. Read more: Minute Mirror PK
SCBP, IFC sign risk-participation pact
Standard Chartered Bank Pakistan has signed an unfunded risk-participation agreement for USD200 million with the International Finance Corporation (IFC), allowing IFC to cover 50% of Standard Chartered’s risk on short-term trade and working capital funded loan facilities for Pakistani corporate clients. This collaboration aims to increase the availability of trade and working capital loan facilities, as well as supply chain financing and sustainable finance product suites, to support export-based industries and facilitate the generation of foreign exchange inflows into Pakistan. Read more: Business Recorder
Wednesday
IHC halts Imran’s jail trial in cipher case
The Islamabad High Court (IHC) has temporarily halted former Prime Minister Imran Khan’s jail trial in the cypher case. Simultaneously, the law ministry announced that he would face closed-door proceedings in National Accountability Bureau (NAB) cases. Accountability Judge Mohammad Bashir granted the NAB permission to question Khan until November 16. Read more: Dawn
Pakistan weighs options to tackle cross-border TTP threat
Despite tensions with Afghanistan, Pakistan is confident in its ability to deal with the banned Tehreek-e-Taliban Pakistan (TTP). An unnamed senior official hinted at cross-border options, emphasising that the Afghan Taliban government is aware of Pakistan’s capabilities. As tensions rise, Pakistani officials criticise the Taliban regime for controlling the TTP, straining bilateral ties. Read more: The Express Tribune
Bushra Bibi’s bail extended in Toshakhana, £190m cases
An accountability court in Islamabad has extended Bushra Bibi’s bail until November 17 in cases involving Tosha Khana and the National Crime Agency’s £190 million scandal. Bushra Bibi recently appeared before NAB investigators for the NCA probe, answering 11 questions on a questionnaire. The caretaker federal government had placed her name on the Exit Control List in connection with the NCA £190 million scandal, based on NAB’s recommendation. Read more: The Nation
Afghan minister raises issue of refugees’ assets with FM Jilani
Afghanistan’s acting commerce minister, Haji Nooruddin Azizi, led a Taliban government delegation to meet with Pakistani Foreign Minister Jalil Abbas Jilani to discuss trade and address concerns about the transfer of cash and assets by Afghan citizens expelled from Pakistan. Bilateral trade and the transfer of refugee property were discussed. Read more: Pakistan Today
Seven terrorists killed in Tank operation
During an intelligence-based operation (IBO) in Kiri Machan Khel, Tank district, Khyber Pakhtunkhwa, security forces engaged in an intense fire exchange with terrorists, killing seven militants. The operation aimed to eliminate terrorists involved in a variety of activities, including recent target killings of police officers in Tank and surrounding areas. Read more: The News International
Pakistan, IMF reach staff-level agreement on first review for 9-month Stand-By Arrangement
The International Monetary Fund (IMF) and Pakistan have reached an agreement at the staff level on the first review of the $3 billion, nine-month Stand-By Arrangement (SBA). The agreement, which is subject to approval by the IMF Executive Board, will make approximately $700 million available, bringing total programme disbursements to nearly $1.9 billion. The agreement reflects Pakistan’s economic progress, which includes a nascent recovery, fiscal adjustments, and increased confidence. Read more: Business Recorder
Thursday
Pakistan bans sale of weapons in major step to control gun culture
In an effort to curb gun violence, Pakistan has prohibited the sale of firearms other than those manufactured by the Pakistan Ordinance Factory (POF). The ban affects all arms dealers and renders receipts from other sources invalid for arms transactions. The government has also stated that dealer receipts are no longer acceptable, and that arms dealers are not permitted to deal in banned bore weapons. Weapon holders are now required to buy all of their weapons from the POF. Read more: Daily Pakistan
4 militants, including ‘high value terrorist’, killed in Peshawar operation: ISPR
Security forces killed four militants, including a high-value terrorist, in an operation in the general area of Badaber in Khyber Pakhtunkhwa’s Peshawar district. The militants were wanted by law enforcement for a variety of terrorist activities in the area, including extortion and targeted killings. Read more: Dawn
PM Kakar declares assets worth Rs48m, FinMin Akhtar over Rs2.8bn
The statement of assets submitted by caretakers to the Election Commission of Pakistan (ECP) showed that Interim Prime Minister Anwaar-ul-Haq Kakar owns Rs48 million in assets, while Finance Minister Dr Shamshad Akhtar owns more than Rs2.8 billion. Read more: The News International
Pakistan decides to tighten security of Chinese citizens
The Pakistani government has decided to beef up security for Chinese nationals working on CPEC and other projects in the country. SOPs have been revised, and provincial chief secretaries have been directed to increase security for Chinese nationals in their respective regions. Chinese citizens are advised to follow SOPs while moving, to notify the nearest police station of their location and travel plans, and to travel in bullet-proof vehicles. Read more: Daily Pakistan
Number of Pakistani students in US rises by 16 percent
According to a report by the US State Department and the Institute of International Education, the number of Pakistani students in the United States has increased by 16% this year. This is a 33% increase in the last two years. Masood Khan, Pakistan’s Ambassador to the United States, described the growing number of Pakistani students in American universities as encouraging, predicting that the number will double in the next three years. Read more: Radio Pakistan
$10b Saudi investment to arrive soon
Saudi Arabia is expected to invest $10 billion in Pakistan for an oil refinery project. Saudi Aramco will decide whether the refinery will be built in Hub or Gwadar. This investment was part of Saudi Crown Prince Muhammad bin Salman’s $21 billion investment package announced in 2019. The refinery’s capacity is expected to be 450,000 barrels of oil per day. Read more: The Express Tribune
Govt okays 40pc tax on banks’ windfall income
Pakistan’s caretaker government has approved a one-time 40% tax on bank profits earned from foreign exchange transactions in the previous two years. This tax is expected to bring in more than Rs40 billion for the government while also appeasing the International Monetary Fund (IMF). Read more: Dawn
Friday
Caretaker govt challenges SC verdict on military trials of civilians
Pakistan’s caretaker federal government has filed an appeal with the Supreme Court, challenging a previous decision that ruled civilian trials under the Pakistan Army Act 1952 were unconstitutional. A five-member bench ruled on October 23 that military trials for civilians involved in attacks on army installations during riots were unconstitutional. Read more: Dawn
ADB approves $250mn loan to improve power transmission in Pakistan
The Asian Development Bank (ADB) will lend Pakistan $250 million for the Power Transmission Strengthening Project, which will focus on improving the power transmission network in the provinces of Punjab and Khyber Pakhtunkhwa. By constructing new high-voltage transmission lines and replacing old ones in Lahore, the project aims to increase transmission capacity, reduce losses, and improve energy efficiency. Read more: Pakistan Today
Imran Khan to file ‘lawsuit against State Department official in US’
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan plans to file a lawsuit against Assistant Secretary of State for South and Central Asia Affairs, Donald Lu, in a US court, according to Khan’s sister, Aleema Khan. The PTI alleges the US embassy in Pakistan was involved in a conspiracy to topple Khan’s government. Read more: The News International
In a first, Pakistani, Chinese naval warships hold joint maritime patrol to safeguard CPEC
Pakistani and Chinese naval warships conducted their first joint maritime patrol in the Arabian Sea to protect the China-Pakistan Economic Corridor (CPEC). The joint patrol, which included China’s People’s Liberation Army (PLA) Navy’s Type 054A frigate Linyi and Pakistan Navy’s F-22P frigate Saif, aimed to secure major maritime routes and port channels in the northern Arabian Sea. Read more: The Pakistan Observer
Pakistan signs ‘landmark’ agreement with Saudi company to export manpower
Pakistan has signed a “landmark” contract with Saudi Arabia’s NESMA & Partners, a leading contracting firm, to export skilled Pakistani labour to the kingdom. Saudi Arabia, which has over two million Pakistani expats, contributes significantly to remittances in Pakistan. The collaboration aims to help Saudi Arabia achieve its infrastructure and development goals while also strengthening bilateral ties between the two countries. Read more: Daily Pakistan
Islamabad sets criteria to judge Kabul
Pakistan has established benchmarks to assess the Afghan Taliban government’s effectiveness in countering the Tehreek-e-Taliban Pakistan (TTP) threat. According to Foreign Office spokesperson Mumtaz Zahra Baloch, Pakistan shared evidence with the Afghan interim government regarding TTP safe havens, urging concrete action against TTP elements, network dismantling, and cross-border terrorist attacks prevention. Pakistan has emphasised the importance of holding terrorist perpetrators accountable. Read more: The Express Tribune
Saturday
‘HVT’ among four terrorists killed in North Waziristan IBO
In a targeted intelligence-based operation in the Khaisoor area of North Waziristan, Khyber-Pakhtunkhwa, security forces killed four terrorists, including a ‘High-Value Target’ (HVT) identified as Ibrahim, alias Musa. Ibrahim, a notorious terrorist ringleader, was a top priority on law enforcement agencies’ wanted list. Read more: The Express Tribune
Inflows stay dismal on poor credit rating
Pakistan faced a significant decline in foreign loans, receiving less than $3.85 billion, approximately one-fifth of the annual budget estimate, due to poor credit ratings and adverse global financial conditions. The report highlighted that out of $3.85 billion, $2.855 billion was for budgetary support or program loans, while $993 million was project aid. Saudi Arabia contributed the bulk of foreign loans, providing $2.4 billion. Read more: Dawn
PPP-KP leader Asma Alamgir quits party following ‘rift with leadership’
Asma Alamgir, the Central Deputy Information Secretary of the Pakistan People’s Party (PPP) in Khyber Pakhtunkhwa, resigned from the party, citing internal disagreements with both the national and provincial leadership. She expressed concern about the party’s dwindling support in Khyber Pakhtunkhwa and urged PPP Chairman Bilawal Bhutto to address the situation. Read more: Pakistan Today
Pakistan, Russia agree to boost counterterror cooperation
Pakistan and Russia have pledged to strengthen their counterterrorism cooperation, addressing issues such as terrorist financing and other critical areas. The meeting of the joint working group, co-chaired by Additional Foreign Secretary Syed Haider Shah and Russia’s Deputy Foreign Minister Sergey Vershinin, emphasised the importance of cooperation in maintaining regional and global security. Read more: The Nation
Gohar Ayub, ex-foreign minister and son of Gen Ayub Khan, passes away in Islamabad
After a brief illness, Gohar Ayub Khan, former foreign minister, ex-National Assembly speaker, and son of Gen Ayub Khan, died in Islamabad. The death was announced on social media by PTI leader Omar Ayub, who stated that Gohar Ayub Khan died peacefully. Read more: Daily Pakistan
Sunday
Rs7b worth Dadocha dam to end water shortage in Rawalpindi: Commissioner
The Dadocha Dam, with an estimated cost of Rs6,492 million, aims to alleviate Rawalpindi’s water scarcity by supplying 35 million gallons of water per day once completed. The Punjab government prioritises water scarcity, with a focus on small dam projects. The dam, which is located near Rawat Industrial Estate, is expected to benefit local residents, and fair compensation will be provided to affected property owners. Read more: Pakistan Today
US lawmakers seek ‘suspension’ of assistance to Pakistan
Eleven members of the US Congress, led by Representative Ilhan Omar, have written to Secretary of State Anthony Blinken, urging him to suspend future US aid to Pakistan until the country restores constitutional order and holds free and fair elections. The lawmakers were also concerned about the strengthening of Pakistan’s blasphemy law, warning that it could lead to religious minorities being persecuted. Read more: Dawn
PML-N unveils its Plan B for Nawaz
The PML-N, led by Rana Sanaullah, has revealed a “Plan B” to address potential legal challenges to former Prime Minister Nawaz Sharif’s fourth term. If legal challenges arise, Sanaullah stated that the party will eliminate them once in power. The admission suggests that the outcome of Nawaz’s court cases is uncertain. Read more: The Express Tribune
Claim by US officials that they met Imran Khan in jail is a lie, says Punjab government spokesman
The Punjab government’s spokesperson, Aamir Mir, refutes PTI Central President Chaudhry Parvez Elahi’s claim that senior American officials, European Union representatives, and an IMF delegation met with Imran Khan at Adiala Jail. The spokesperson denies the claim, emphasising that neither foreign officials nor Elahi and Imran met in jail. The prison superintendent and spokesperson both denied the claim, claiming that only Imran’s family and lawyers had visited him. Read more: Geo Tv News
Decypher Report Analysis
“Technical Assistance Report – Public Investment Management Assessment (PIMA) and Climate PIMA” for Pakistan.
Full Report Available: International Monetary Fund
The Technical Assistance Report, prepared by the International Monetary Fund (IMF), provides an assessment of Pakistan’s public investment management and its ability to address climate change. The report was completed in August 2023 and focuses on the institutional framework for public investment management, the efficiency of public investment, and the connection between strategic planning and implementation.
According to the report, Pakistan’s public investment by the federal government is relatively low compared to its peers. The country’s capital stock and efficiency of public investment are also lower than average. This poses a challenge in delivering critical infrastructure services and supporting economic growth.
The report identifies gaps in key areas that impede the delivery of critical infrastructure services in Pakistan. It suggests strengthening institutions for public investment management to optimize the use of existing resources and improve the accessibility and quality of public services and infrastructure.
Overall, the report provides recommendations to enhance Pakistan’s public investment management and make it more climate-sensitive. By implementing these recommendations, Pakistan can improve its infrastructure access, quality, and resilience, and attract climate finance. The PIMA framework evaluates 15 institutions involved in the three major stages of the public investment cycle: planning, allocation, and implementation.
These institutions play a crucial role in ensuring effective and efficient public investment. The assessment focuses on three dimensions for each institution: institutional design, effectiveness, and reform priority. It also emphasizes the importance of improving transparency by presenting summary information on key aspects of the Public Sector Development Program (PSDP) in budget documentation.
The PIMA framework assesses the strengths and weaknesses of these institutions and provides practical recommendations to strengthen them. Some of the key institutions evaluated in the PIMA framework include the Ministries of Climate Change, Power, Communications, Education, and the Planning Commission. Other entities involved in the assessment include the National Highway Authority, National Disaster Management Fund, National Disaster Management Authority, Pakistan Competition Commission, Public Private Partnership Authority (P3A), Auditor General Pakistan, and the Public Procurement Regulatory Authority.
According to the information available, all modeled global warming scenarios suggest that Pakistan’s weather patterns will become more unstable and severe. This poses a significant threat to the country’s infrastructure, including public services and facilities.
To address this challenge, Pakistan has recognized the importance of sustainable and resilient public infrastructure. The country has a strong framework for climate action, and there is room for progress in implementing climate-sensitive public investment management.
The assessment conducted by the IMF and the World Bank highlights the need for Pakistan to enhance its institutions and policies to support climate-aware planning and implementation of public investments. This includes aligning national and sectoral public investment strategies and plans with the Nationally Determined Contributions (NDC) or other overarching climate change strategies.
Additionally, regulations on spatial and urban planning, as well as construction, should address climate-related risks and impacts on public investment. By integrating climate change considerations into these areas, Pakistan can enhance the resilience of its infrastructure and mitigate the potential damages caused by climate change.
Furthermore, the assessment emphasizes the importance of coordination between different government entities in terms of investment plans. Effective coordination ensures that capital spending by sub-national governments is aligned with the central government’s priorities. Transparent and rule-based systems for making capital transfers to sub-national governments also play a crucial role in efficient infrastructure development.
Pakistan’s public investment efficiency is relatively low compared to its peers. The hybrid public investment efficiency gap in Pakistan is estimated to be around 38 percent, indicating that there is significant potential to improve the access and quality of its infrastructure.
The efficiency gap is a measure of the potential quality and access to infrastructure given the existing level of capital stock per capita. Pakistan’s efficiency gap is slightly larger than the mean in the peer group, but it is larger than the averages for the Emerging Economies, Middle East North Africa, and all countries groups.
This gap suggests that Pakistan is not fully utilizing its capital investment expenditure to provide optimal access and quality of public services and infrastructure for its population. There are significant opportunities to enhance the efficiency of public investment in the country.
To address this issue, the assessment recommends strengthening Pakistan’s institutions for public investment management. This includes improving the connection between strategic planning, appraisal, selection, implementation, and the monitoring and evaluation of projects.
Decypher Opinion
How Has The Impact of Particulate Pollution Changed Over Time?
Pakistan faces a dire air quality crisis, witnessing 128,000 annual deaths due to severe pollution from fossil fuel usage in power, industry, and transport. Vehicular emissions, industrial activities, agricultural burning, and seasonal factors contribute to toxic smog, impacting health significantly. With 86% reliance on fossil fuels in 2021, the country ranks fourth globally in pollution, losing 11 million lives yearly. Particulate matter (PM2.5) exceeds World Health Organization guidelines by 14.2 times, reducing life expectancy. Lahore, the most polluted city globally, sees substantial health declines. Air pollution, second only to cardiovascular diseases, leads to increased hospital visits and premature deaths, requiring urgent action. Indoor and outdoor pollution cause 40 million respiratory infections and 28,000 annual deaths, disproportionately affecting women and children. The economic toll is estimated at 5.88% of GDP, with initiatives in place, but progress is uncertain due to regulatory challenges. Collaborating with nations like China is vital for comprehensive strategies to mitigate the crisis’s impact on public health and the environment. Read more: De/Cypher
Infographic
According to the World Bank’s data from May 2022, Pakistan’s per capita GDP experienced a four-fold surge, climbing from $1300 to $5450 between 1990 and 2019. However, this doesn’t necessarily imply an even distribution of wealth across the population. For comparison, China, which had a lower GDP per capita ($1280) than Pakistan in 1990, saw a remarkable increase to $18.2k.
Fact of the Week!
