Bangladesh’s job crisis deepens as private sector stalls

A World Bank report published in October 2024, titled Bangladesh Development Update, revealed a sharp rise in joblessness among tertiary-educated youth — 27.8% of the unemployed in 2022, up from just 9.7% in 2013. Bangladesh’s private sector, which employs 95% of the workforce compared to the government’s 5%, faces a deepening crisis as credit growth […]

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7 killed as passengers were shot after being taken off a bus in Pakistan

Seven bus passengers were killed in an attack by gunmen in Pakistan’s southwestern Balochistan province on Tuesday. The attack took place in the Barkhan area of ​​Balochistan province. A senior local administrative official, Khurshid Alam, told Reuters that about 40 unidentified gunmen stopped several buses and started checking the identity cards of passengers. Then, seven […]

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Sri Lanka sets aside $10M in budget for 2025 digital transformation strategy

The Sri Lankan government has set aside US $10 million (3 billion Sri Lankan rupees) for digital transformation strategies this year, aspiring to generate US $15 billion in revenue through the digital economy in five years with a unique digital ID and new legislation for digital services after the launch of a governing digital body. […]

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Maldives aims to plant 2 million trees in 2025

The Maldivian government is aiming to plant 2 million trees before the end of 2025 as part of its Five Million Tree Plantation Program. The tree plantation program, launched by President Mohamed Muizzu, aims to combat climate change, enhance biodiversity and protect endangered native tree species. The initiative focuses on planting native tree varieties that […]

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Will Starlink disrupt Bhutan’s local internet market?

Starlink’s recent entry into the country promises high-speed connectivity, potentially disrupting the market long dominated by Bhutan Telecom and TashiCell—the two major telecom companies and internet service providers in Bhutan. Starlink Services Private Limited announced its launch in Bhutan on February 11 via X, formerly Twitter, nearly seven months after the government initiated talks to […]

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Nepal’s US-backed infra plan in jeopardy as Trump freezes foreign aid

Nepal’s ambitious infrastructure expansion, backed by a $500 million grant from the United States, has been cast into uncertainty following the Trump administration’s decision to suspend foreign aid. The move, which comes as part of a broader freeze on international funding, has sparked concerns in Kathmandu, where leaders fear the setback could strengthen China’s influence […]

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IMF’s $4.7b loan: Finance ministry clarifies reason behind delay in releasing fourth tranche

The finance ministry has clarified the reason behind delay in International Monetary Fund’s (IMF) disbursement of the fourth tranche – amounting to $645 million – of its $4.7 billion loan to Bangladesh. The ministry issued a statement today (18 February) after news was published in media outlets on the deferred release. “The installments are disbursed […]

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India-Bangladesh Ties In Deep-Freeze

Political and diplomatic tensions between New Delhi and Dhaka have adversely affected cultural relations between the two countries. What till recently was a historically important piece of real estate on Dhaka’s urbanscape now lies in ruins — and buried under the rubble is a part of Bangladesh’s cultural ethos deeply linked to India. The razing of Bangladesh […]

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