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    Tag:Corruption

    Bangladesh Interim Chief Adviser Describes Corruption as Nation’s Biggest Problem

    A National Consensus Commission has been established to gather input from political parties, and their recommendations will form the basis of a July Charter outlining agreed-upon reforms.

    Lanka Wind Energy Dispute: Adani Offers to Proceed on Original Terms; Sri Lanka Insists on Price Revision

    Whether the two parties can bridge the gap and reach a mutually acceptable agreement remains to be seen. The Sri Lankan government's insistence on price revision and Adani’s re-affirmation of the initial terms, clearly sets the stage for a tense negotiation period.

    Adani Green Energy Withdraws from $1 Billion Wind Power Project in Sri Lanka

    There has been a raging debate in Sri Lanka on the deal, citing it as an expensive deal. The earlier government had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement.

    Bangladesh: Anti Corruption Body Proposes Comprehensive Overhaul

    The 2013 amendment to the Anti-Corruption Commission Act, requiring government approval to investigate politicians or bureaucrats, has been particularly criticized for stifling the ACC’s independence.

    Nepal Moves Forward with Key Anti-Corruption Legislation amid Growing Public Concern

    The amendment’s approval follows extensive deliberations among lawmakers and stakeholders.

    BNP Calls for Transparency in Power Contracts Signed During Awami League Rule

    Speaking at a press conference, BNP standing committee member and former state minister for power Iqbal Hasan Mahmud Tuku emphasised the need for transparency.

    Bangladesh in Crisis: Which way out?

    The regime’s kleptocratic system of ruling by plunder and favour to its cronies has contributed to accelerated wealth and income gaps as well as relative deprivation.

    Sri Lanka: Government Intensifies Focus on Tackling Corruption, Revising Stolen Asset Recovery Bill

    Sri Lanka plans to revise the draft bill on stolen asset recovery, a move aimed at strengthening mechanisms to retrieve illicitly acquired funds hidden domestically and abroad.

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    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
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    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.

    UN Secretary-General Urges Military restraint from India, Pakistan

    He offered his good offices to both governments to help defuse tensions and promote diplomacy, stressing that “a military solution is no solution.”

    Must read

    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.