In Monday's South Asia papers

09 November 2009 05:00  [Source: ICIS news]


Front page

Buddha unveils twin strategies to tackle Maoists
Chief minister Buddhadeb Bhattacharjee has unveiled a two-pronged strategy to pull Jangalmahal out of the doldrums - target Maoists at full-tilt and push ahead with development projects in the tribal belt.

Afghanistan is under influence of Indian intelligence: Musharraf
Acknowledging that there is "an ingress of the ISI in every terrorist group", former Pakistani President Pervez Musharraf has alleged Afghanistan is under influence of Indian intelligence agencies and he has documentary evidence against it.


Stimulus to be wound down in 2010: PM
Putting an end to speculation about withdrawal of the government's economic stimulus package, Prime Minister Manmohan Singh on Sunday said the government would take "appropriate action next year to wind it down".

Akai set to make a comeback
Twice unlucky Japanese electronics brand, Akai is staging a comeback in the country soon.


Front page

Strong opening for equities; SBI, Tata Steel lead
Stocks opened with smart gains on Monday led by advances in metals and PSU stocks.

RIL closes in on big-bang overseas acquisition
Reliance Industries (RIL), India’s largest private sector company by market capitalisation and sales, is close to announcing a major overseas acquisition.


Front page

Workers’ strike disrupts river communications
River transport workers enforced an indefinite strike from Saturday midnight to realise their 22-point demands disrupting movement of vessels across the country.

PM discusses with Bhutan’s ex-King ways to boost ties, trade
Prime Minister Sheikh Hasina had an audience with ex-King of Bhutan Jigme Singye Wangchuck at his palace on Sunday when the two leaders discussed ways of enhancing the bilateral trade and business, and government-to-government and people-to-people contacts between the two friendly countries.


BB launches trial run of newly introduced Automated Clearing House
Bangladesh Bank on Sunday launched the trial run of newly introduced Automated Clearing House (ACS), as part of its move to digitalise the country's banking system.

Global crisis a chance to change business: Yunus
Nobel Peace Laureate Muhammad Yunus calls the global economic crisis "an excellent opportunity to reflect and redesign" businesses, and devote creative ones to solving social problems.


Front page

Justice Ministry to amend Thesawalame law
Ministry of Justice and Law Reform has taken measures to amend the Thesawalame law with necessary changes in line with the present requirements.

Wanni troops recover LTTE gas bombs
Troops in the Wanni, during a search operation have recovered LTTE gas bombs together with a large cache of explosives and communication equipment, the Army said.


SL on track to economic recovery- Cabral and Siyambalapitiya tells IMF
On a letter addressed to Managing Director, International Monetary Fund Dominque Strauss Kahn released to the media on Saturday, the Minister of Finance and State Revenue Ranjith Siyambalapitiya and Governor of the Central Bank Ajith Nivard Cabral states that rising investor confidence and an increasing remittance has allowed Sri Lanka to rebuild international reserves, and increase budget revenue signalling that an economic recovery is underway.

IMF pleased with SL development targets – Govt
Minister of Finance and State Revenue Ranjith Siyambalapitiya said that the acting President of the IMF has clearly stated that Sri Lanka has successfully exceeded the expected targets.


Front page

Suspected suicide bomber brought down by ‘Sharpshooter’
Police shot dead a suspected suicide bomber who ran towards a checkpoint on the outer ring of the city on Sunday night.

El Salvador floods, mudslides kill 124, 60 missing
Mud and boulders loosened by heavy rains swept down a volcano and partly buried a small town on Sunday, swallowing up homes as flooding and landslides across El Salvador killed at least 124 people, authorities said.


No new updates


Front page

17th Amendment issue to be resolved under CoD: Prime Minister
Prime Minister Yousuf Raza Gilani in a meeting with Punjab Governor Salmaan Taseer here on Sunday said that the government would continue its policy of complete independence for media.

World Bank proposal to FBR: imports/exports input tax credits be restricted
The World Bank (WB) has recommended to the Federal Board Revenue (FBR) to restrict imports, exports and input tax credits only to registered taxpayers whose names are available on the 'List of Active Taxpayers'.


PSQCA to make adjustments in national regulatory framework
The Pakistan Standards and Quality Control Authority (PSQCA) would make required adjustments in national regulatory framework to meet the demands and draw benefits from International Organisation for Standardisation - ISO 26000.

Government steps to promote women's art appreciated
President Women Chamber of Commerce and Industry, Multan, (WCCI), Anila Iftikhar said on Sunday that the measures taken by Prime Minister Syed Yousaf Raza Gillani to promote the art work of women of southern Punjab, have proved to be fruitful.

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