News Highlights From South Asia: July 16, 2013

Pakistan Presidential Election To Take Place August 6 
The Election Commission of Pakistan announced on Tuesday that presidential elections would take place before Eid-ul-Fitr on August 6, as the tenure of President Asif Ali Zardari comes to an end in the first week of September.

President Appoints New Permanent Representative To The UN
President Dr Ram Baran Yadav has appointed Foreign Secretary Durga Prasad Bhattarai Nepal´s Permanent Representative to the United Nations.From Republica

Four Dead In Fresh Violence In Bangladesh
Fresh violence over the conviction of fundamentalist Jamaat-e-Islami’s 91-year-old supremo Ghulam Azad left at least four persons dead, even as machete-wielding protesters went on the rampage enforcing a country-wide strike on Tuesday.From The Hindu

Myanmar Promises To Free All Political Prisoners
Myanmar President Thein Sein promised on Monday to free all political prisoners by the end of the year and said he thought a nationwide ceasefire was possible in the coming weeks.
By Jill LangloisFrom Global Post

Maldives Seeks $300 Million Credit Facility From Saudi Arabia
Maldives has requested a $300 million credit facility from Saudi Arabia in order to settle budgetary requirements as the current interest rates of 7-8 percent are a burden on the budget, said , President Mohamed Waheed Hassan.
From Haveeru Online

Visa Delay Restricts Afghanistan From Participating in the World Taekwondo Championship
By Mir Sayed Sediqui
From TOLO News

Afghanistan`s Only Olympian Bows Out Over Accusation

Afghanistan`s only Olympic medallist, taekwondo star and national hero Rohullah Nikpa, announced today that he would boycott international competition unless reforms root out discrimination and mismanagement within the sport in his country.

From Zee News
Sri Lanka
World Bank To Focus On More Large Transformational Projects In Sri Lanka
In a meeting with the World Bank’s Executive Director for Sri Lanka, India, Bangladesh and Bhutan Mukesh Prasad, President Mahinda Rajapaksa urged the Bank to focus more on large core projects similar to the Metro Colombo Urban Development Project
From Colombo Page
Government Eyes Booster Shot For Economy, Hikes FDI Cap In 12 Sectors
Opening the doors to shore up foreign investments, the government today liberalised FDI limits in a dozen sectors, including allowing 100 per cent in telecom and higher limits in ‘state-of-the-art’ defence manufacturing, to boost the sagging economy.
From The Indian Express
Highlights of what Minister of Commerce and Industry, Anand Sharma said about hike in FDI cap 

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