Suu Kyi gets 5 years for graft

A Myanmar junta court yesterday sentenced Aung San Suu Kyi to five years in jail for corruption, part of a barrage of criminal cases that could see the deposed civilian leader jailed for decades.
27 April 2022, 18:00 PM

Benazir Bhutto's son Bilawal becomes Pakistan's new foreign minister

President Arif Alvi administered oath to PPP Chairperson Bilawal Bhutto-Zardari on Wednesday who would be joining Prime Minister Shehbaz Sharif's cabinet as a federal minister.
27 April 2022, 17:44 PM

Pakistan PM Shehbaz to be indicted in money laundering case

A special court in Lahore on Wednesday stated that charges against Prime Minister Shehbaz Sharif and others in the Rs16 billion money laundering case will be framed on May 14, asking them to ensure their presence at the next hearing as no further adjournments will be made.
27 April 2022, 16:08 PM

World Bank to provide Sri Lanka $600 million aid

The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president's media division said in a statement on Tuesday.
27 April 2022, 06:02 AM

3 Chinese nationals, one Pakistani killed in Karachi University suicide bomb attack

A suspected female suicide bomber killed three Chinese teachers in Karachi on Tuesday, police and officials said, in the first major attack this year against nationals of long-time ally China working in Pakistan.
26 April 2022, 18:47 PM

Four killed by female suicide bomber near China institute in Pakistan

A woman suicide bomber from a Pakistan separatist group killed four people, including three Chinese nationals, in an attack on a minibus carrying staff from the Confucius Institute at Karachi University yesterday.
26 April 2022, 18:00 PM

Former Pakistani PM Nawaz Sharif issued green passport

Pakistani former prime minister Nawaz Sharif’s name has been removed from the exit control list (ECL) and he has finally been issued a green passport by the government, led by his younger brother Shehbaz Sharif.
26 April 2022, 07:38 AM

‘Failed state’

Sri Lanka’s beleaguered government yesterday faced new pressure to resign from influential Buddhist leaders over a crippling economic crisis, as the island nation’s stock market halted trading after a nearly 13 percent plunge.
25 April 2022, 18:00 PM

India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily

India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.
25 April 2022, 05:36 AM

Sri Lanka lesson for S Asia

Sri Lanka’s financial crisis is a classic example of what populist policies, corruption and mismanagement can cause, economists and political analysts from Bangladesh and Sri Lanka told a webinar yesterday.
24 April 2022, 18:00 PM

Lanka economic crisis: Talks on loan request ‘fruitful’

The International Monetary Fund said on Saturday it held “fruitful technical discussions” with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
24 April 2022, 18:00 PM

'Sri Lanka crisis a lesson for South Asian countries with politicised administration'

Sri Lanka’s financial crisis is a classic example of what populist policies, corruption and mismanagement can lead a country to, which is a lesson for South Asian countries that lack good governance and has politicised administration, speakers told a webinar today (April 24, 2022).
24 April 2022, 12:01 PM

IMF says talks on Sri Lanka's loan request 'fruitful'; World Bank preparing aid package

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
24 April 2022, 08:24 AM

Economic meltdown: Loyalists urge Sri Lanka PM to resign

Sri Lanka’s beleaguered prime minister came under increased pressure to step down yesterday, as staunch allies broke ranks and backed street protests calling for resignations over a worsening economic crisis.
23 April 2022, 18:00 PM

Pakistan reports first polio case in 15 months

 Pakistan’s prime minister yesterday said he will chair an emergency meeting of a national task force for polio eradication after authorities detected the country’s first case of the debilitating neurodegenerative disease in 15 months.
23 April 2022, 18:00 PM

India extends $400m currency swap facility for debt-ridden Sri Lanka

India has extended the duration of the USD 400 million currency swap facility for Sri Lanka, struggling to overcome a crippling economic crisis, as New Delhi urged the World Bank to help the island nation come out of the “unprecedented” situation.
23 April 2022, 06:20 AM

Blast rips thru Afghan mosque, kills 33

A blast ripped through a mosque during Friday prayers in northern Afghanistan, killing 33 people and wounding 43 more, a Taliban spokesman said, just a day after the Islamic State group claimed two separate deadly attacks. 
22 April 2022, 18:00 PM

33 killed as blast hits Afghan mosque

At least 33 people were killed after an explosion struck a mosque in northern Afghanistan during Friday prayers, Taliban spokesman said. The blast
22 April 2022, 18:00 PM

Health crisis looms in Sri Lanka

By the time he reached a third Colombo pharmacy out of stock of the drug his cancer-stricken wife desperately needs, Dawood Mohamed Ghany was distraught.
22 April 2022, 18:00 PM

33 including students killed in Afghan mosque bombing: Taliban

A Taliban official says a bombing at a mosque and religious school in northern Afghanistan on Friday killed at least 33 people, including students of a religious school.
22 April 2022, 16:02 PM