In Monday's South Asia papers

24 November 2008 05:00  [Source: ICIS news]

THE TIMES OF INDIA

Front page

Al-Qaida threat looms over India
The repeated Predator air strikes in Pakistan's tribal areas are beginning to show results, say Indian security officials closely following the operations.

Malegaon accused wanted cells in Bangladesh
Investigations of the Malegaon September 29 bomb blast have revealed that the arrested accused wanted to send sleeper cells to Bangladesh to avenge the "atrocities" on Hindus.

Business

Tata's Jaguar seeks £1bn loan from UK govt
John Waples Jaguar Land Rover (JLR) is in secret talks with the British government for a £1bn loan, just nine months after Tata bought the luxury-car marque.

Govt may not opt for financial package
Rajeev Deshpande The Manmohan Singh government is not planning a big spending or investment package, choosing a sectoral approach which in the immediate context will focus on export-oriented sectors.

THE ECONOMIC TIMES

Front page

Stocks to open weak in line with Asian peers
Stocks are expected to remain volatile on Monday tracking mixed cues from global shores. A flat-to-negative opening is likely in line with Asian peers, after which, the Indian market will chart its own course.

Asian share markets fall around 1%; bank shares slump
Asian share markets fell around 1 per cent on Monday, with bank stocks leading the drop, and so-called safe-haven assets like the yen gained as investors cautiously eyed potential US measures to prop up Citigroup.

THE BANGLADESH TODAY

Front page

JS poll on 29 Dec, UZ on 22 Jan
Ending all speculations about voting date of parliamentary poll, Chief Election Commissioner (CEC) ATM Shamsul Huda on Sunday announced fresh polls schedule for both parliamentary and upazilla elections re-fixing the dates for polling on 29 December and 22 January respectively.

BNP terms fresh schedules ‘positive’
BNP Joint Secretary General Nazrul Islam Khan termed the announcement of fresh schedules for national parliament election and Upazila elections as a positive sign.

Business

DSE sees biggest jump in 4 months as signs for election bright
The Dhaka Stock Exchange (DSE) on Sunday witnessed the biggest jump in four months amid political developments indicating elections with the participation of all parties.

Global recession to hit remittance, affect poverty reduction in BD : WB
The global recession is likely to hit Bangladesh's remittance inflow and affect the country's efforts in reducing poverty that now on a path to achieve the MDG, according to a World Bank assessment released here Sunday.

DAILY MIRROR

Front page

Indian police searching for injured LTTEers
A massive search operation had been launched by the Indian police at a refugee camp after there were reports that a group of injured LTTE cadres may have entered the Ramanathapuram area in India by boats.

Showery weather condition will continue
The Metrological Department today said that the current showery weather condition is expected to continue at most places in the country.

Business

Colombo to achieve mega hub status?
Colombo’s capability was hyped when Sri Lanka Ports Authority Managing Director Capt. Nihal Keppetipola observed that it could beat regional ports to establishing itself as a mega hub in South East Asia.

Amendments to Labour Ordinance Act
Cabinet granted approval to a memorandum submitted by the Minister of Labour Relations and Manpower, Athauda Seneviratne to amend the Wages Boards Ordinance, No. 27 of 1941, to incorporate provisions relating to "Contract Labour" and to refer the proposed amendment to the Legal Draftsman to draft amends to the Ordinance.

DAWN

Front page

US planning to deploy more troops near Pakistan border
A brigade of 3,500-4,000 extra US troops due in Afghanistan in January would be deployed in the east amid efforts to stop infiltration of militants from Pakistan, the US military said on Sunday.

Strategy to deal with drone strikes on the anvil
Reiterating the government’s resolve not to compromise on national sovereignty and integrity, President Asif Ai Zardari and Prime Minister Yousuf Raza Gilani said on Sunday that the government would work out a new strategy to deal with frequent drone attacks in accordance with recommendations of the recently-formed Parliamentary Committee on National Security.

Business

Sagging manufacturing sector
ACUTE energy shortages, high costs of production, sluggish domestic economy and reduction in global demand are beginning to take their toll on the manufacturing sector.

Enclave for Japanese investors
A Japanese business enclave on 200 acres in the vicinity of Port Qasim is being planned, for which a team of Pakistan-Japan Business Forum (PJBF) is meeting the Port Qasim Authority officials today. A conceptual approval for the project was given by Dr Salman Shah, former advisor on finance, in 2005.

BUSINESS RECORDER

Front page

4,000 extra US troops due near Pak-Afghan border
A brigade of 3,500-4,000 extra US troops due in Pak-Afghan border in January will be deployed to stop infiltration of militants, the US military said on Sunday.

No agreement with US over incursions: Gilani
Prime Minister Syed Yousuf Raza Gilani on Sunday said Pakistan has no agreement with US allowing it to carry out incursions inside its territory.

Business

IDEAS-2008 begins today
The fifth International Defence Exhibition and Seminar (IDEAS-2008), a five-day exhibition of arms, ammunition and combat equipment is starting from Monday (today) at Karachi Expo Center, which aims at bringing together local and international manufacturers and buyers from all over the world to view the finest defence materials.

CDA eyes foreign investment to handle financial crisis
The Capital Development Authority (CDA) is strategizing to attract foreign investors in the federal capital and mulling different ways and means including a real estate exposition in Dubai and business visits abroad.

ICIS Copyright © Reed Business Information 2009

Author: Staff Reporter
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