News Highlights From South Asia: July 25, 2013

Mayor Arrest, Linked To Bangladesh Building Collapse
Police in Bangladesh arrested the mayor of the town where the Rana Plaza building collapsed in late April, alleging that he had allowed the complex to be built without mandatory permits from a national building safety agency.
By Syed Zain Al-Mahmood 
From The Wall Street Journal

Sri Lanka
Sri Lanka Stocks Close Near One Week Low On Selling In Large Caps
Sri Lankan shares fell to a near one-week low on Thursday in light trade as investors,
awaiting direction on the rupee and lending rates, sold large cap shares such as Ceylon Tobacco and John Keells Holdings, brokers said.
From Reuters

Pakistan wants positive engagement with Afghanistan: Foreign Office
Pakistan has exercised maximum restraint towards Afghan allegations ondifferent occasions, Foreign Office spokesman Aizaz Ahmad Chaudhry said on Thursday.

Top Indian Officials Meet Maldives Presidential Candidates
The Indian high commission in Male said Shringla held meetings on Tuesday and Wednesday with former President Mohamed Nasheed, Progressive Party of Maldives’ (PPM) Abdulla Yamin and Jumhoory Party’s (JP) Gasim Ibrahim. He called on President Mohamed Waheed Hassan, who is also seeking re-election in the September 7 elections.
By Ali Naafiz
From Haveeru Online

Myanmar To Redraw 1914 Company Act
Myanmar’s Company Act 1914 will be redrawn with assistance from the Asia Development Bank (ADB), said the deputy minister for National Planning and Economic Development.
From Eleven News
Understanding the Myanmar Company Act:

Hundreds of ‘High Value’ Detainees Freed To ‘Accelerate’ Peace Process
Some leaked documents which confirm that on the orders of President Karzai and the High Peace Council (HPC) over 520 insurgents were released from various prisons across the country between 2011 and 2012.
By Anisa Shahid
From TOLO News

Nepal’s Breakaway Maoists to Boycott Polls
Nepal’s November 19 general elections have been cast to fresh doubts after the breakaway Maoist faction on Thursday announced that it will boycott election. 
By Manesh Shrestha
From The Times Of India

India In Talks To Export Natural Gas To Pakistan Via Pipeline
India is in talks to export natural gas to Pakistan through a pipeline from Punjab to help the country overcome crippling energy shortage.
From The Indian Express



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