Highlights From South Asia News: May 3rd, 2013

Sri Lanka
Sri Lanka Trade Deficit Falls
The Central Bank reported that the trade deficit contracted by 20.3 percent to US$ 1,424.3 billion during the first two months of this year, from US$1,786.5 billion a year ago.
From Sri Lanka Daily News http://bit.ly/16AJtr2

Why You Need To Visit The Maldives Before They Disappear
By Megan Willett
From Business Insider http://read.bi/15f7uVc

US Announces Myanmar Sanctions Move

The US has extended targeted sanctions against Burma for another year but lifted a visa ban on officials, in a move that aims to reward progress and prevent backsliding on reform according to the State Department.
From BBC http://bbc.in/1395ARB


President Obama Names Veteran Troubleshooter For Afghanistan-Pakistan Post
President Obama named James F. Dobbins, a veteran diplomat who oversaw the return of the United States to Afghanistan after the defeat of the Taliban in 2001, as his third special representative for Afghanistan and Pakistan

By Mark Landler
From The New York Times http://bit.ly/Yk0v82

Heavy Machinery Blamed For Bangladesh Building Collapse
Preliminary results of a government inquiry into last week’s collapse of a nine-story building on the outskirts of Bangladesh’s capital have found that “heavy machinery and high-capacity generators” were “largely responsible,” the state-run news agency reported.
By Tom Watkins and Farid Ahmed

Expect More Reserve Bank Of India Rate Cuts: Finance Minister 
Accepting Reserve Bank’s stance on policy rate for what it is, Finance Minister P. Chidambaram expressed hope that declining inflation would increase the scope for rate cut by the central bank.
From The New York Times http://bit.ly/13SBC3W

Government Designs Social Security Scheme For Workers
The Nepali government has designed social security schemes for employees of the formal sector, under which workers who contribute as little as Rs 500 per annum will be entitled to sick, maternity and workplace injury benefits worth thousands of rupees every year.
By Rupak D. Sharma
From Republica http://bit.ly/121O7dz

Prosecutor In Bhutto Killing Is Assassinated

Gunmen on Friday killed a Pakistani prosecutor, Chaudhry Zulfikar Ali, who had been investigating the murder of former Prime Minister Benazir Bhutto and the 2008 Mumbai attacks.
By Declan Walsh (@DeclanWalsh)
From The New York Times http://nyti.ms/YtlebN

Pakistan Tribal Region’s First Female Ballot Candidate
By Orla Guerin 

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