Sat, 13 Aug 2022

DHAKA -- Bangladeshi Prime Minister Sheikh Hasina said on Tuesday that she was considering introducing area-based load shedding for a specific time to save fuel for power generation.

The country witnessed 8-10 hours of power cuts in the past, and the government increased the electricity generation to ensure an uninterrupted power supply to every household since taking office in 2009, the prime minister was quoted as saying by the United News of Bangladesh (UNB). (Bangladesh-Power Cut-Fuel Shortage)

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COLOMBO -- The Sri Lankan cabinet of ministers has appointed the cabinet sub-committee to recommend policy and practical resolutions in maintaining the cost of living, said a statement on Tuesday.

Issuing the statement, the Department of Government Information said the cabinet sub-committee headed by the president also includes the prime minister and several other cabinet ministers. (Sri Lanka-Cost of Living-Sub-committee)

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KUALA LUMPUR -- Malaysia Prime Minister Ismail Sabri Yaakob on Tuesday urged closer international cooperation to ensure a prosperous and inclusive future as the global community grapples with continued challenges and instability.

Ismail Sabri also called on countries to view themselves as part of a "global family" in order to face climate change, conflicts and the resulting humanitarian problems they cause, during his keynote address at the 35th Asia-Pacific Roundtable (APR) via a pre-recorded video. (Malaysia-PM-Asia-Pacific Roundtable)

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KATHMANDU -- The Nepali government has barred foreign contractors from participating in bids for the construction of works worth less than 5 billion Nepali rupees (39.48 million U.S. dollars).

By amending the public procurement regulation, the government has increased the threshold for foreign contractors from 3 billion rupees (23.69 million dollars) earlier. The amended regulation, aiming to promote the capacity of domestic construction companies, was published in Nepal Gazette on Monday. (Nepal-Investment Threshold)

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BANGKOK -- Thailand's consumer inflation rose to a 14-year high in June, with the central bank under mounting pressure to normalize its monetary policy, official data showed on Tuesday.

The consumer price index (CPI), a main gauge of inflation, increased 7.66 percent year on year in June, the highest level since July 2008, according to the Ministry of Commerce. (Thailand-Economy-Inflation)

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