Despite variations across countries on policy mix and timing, a pragmatic focus on sustained growth, poverty reduction, and inclusiveness characterize Asia’s economic rise 

To offset the declining benefits of manufacturing, governments must increase the productivity of the services sector. This will boost growth and offer employment opportunities.

Universal health coverage must be high quality to improve patients’ health outcomes

For many of Indonesia’s urban poor who work in the informal sector, social distancing is nearly impossible if they want to maintain their income. Two key policies can help.

German Chancellor Angela Merkel announced Wednesday the German soccer league Bundesliga can resume playing later this month, ending a two-month pause prompted by the COVID-19 pandemic.Merkel made the announcement as one of a range of containment measures being relaxed, following a meeting with the c...

Domestic air passenger numbers bounced back to over 100,000 last weekend for the first time in 10 weeks amid signs that the coronavirus epidemic is easing. Many Koreans chose the long weekend to travel to Jeju and other destinations in the south.According to the Korea Civil Aviation Association on W...

Samsung chief Lee Jae-yong apologized on Wednesday for a massive fiddle that allowed him to take over leadership of the publicly traded conglomerate from his ailing father.Without offering to surrender his own position, Lee promised to end the hereditary transfer of leadership at some point in the f...

Criticising the Sindh government for “playing politics” over the holding of mourning religious congregations by issuing a notification to ban such congregations, the Majlis-e-Wahdat Muslimeen announced on Friday that the Yaum-e-Ali procession would be organised on Ramazan 21 after...

Microchip Unveils Family Details and Opens Early Access Program for RISC-V Enabled Low-Power PolarFire SoC FPGA Family

Microchip Announces Industry’s First Space-Qualified COTS-Based Radiation-Tolerant Ethernet Transceiver and Embedded Microcontroller

Microchip Announces the 53100A Phase Noise Analyzer for Precision Oscillator Characterization

Loan agreements outline the terms of an agreement for a loan. This document dated 6 May 2020 is provided for the ADB project 54183-001 in Bhutan.

Safeguards due diligence reports are prepared as part of safeguard due diligence and review to ensure compliance with ADB safeguard policy due diligence requirements. This document dated May 2020 is provided for the ADB project 51039-002 in Afghanistan.

ADB has a vacancy for the position of Budget and Management Services Analyst in the Budget, Personnel, and Management Systems Department. The deadline for submitting applications is on 22 May 2020.

CHANDIGARH: The Punjab and Haryana high court on Thursday directed the Haryana government not to issue any change of land use (CLU) licence to developers to build colonies in Gurgaon and the National Capital Region till the NCR Planning Board approves a sub-regional plan. The high court also restrained authorities from initiating any process for acquisition of land in these regions till further orders. A division bench headed by Chief Justice Sanjay Kishan Kaul passed these orders while hearing petitions alleging unregulated construction and development around Gurgaon and NCR without the mandatory sub-regional plan from the NCRPB. The petitioners had also challenged the proposed Gurgaon master plan of 2025 and […]

Speaker Nabih Berri said it was necessary and urgent to implement measures to halt Lebanon’s economic collapse, local newspaper Al-Joumhouria reported Saturday.

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The governments of Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan on Friday announced the partial easing of lockdown measures imposed to curb the spread of the coronavirus, even as the number of infections in the country registered a record daily increase.

On Thursday, Prime Minister Imran Khan had announced the lifting of the countrywide lockdown in phases from Saturday by reopening all construction-related industries and shopping centres for five days a week from Fajr (early morning) till 5pm and outpatient departments (OPDs) in hospitals.

The premier, who had announced the decision after a meeting of the National Coordination Committee (NCC) attended by the chief ministers of the four provinces, had acknowledged that the lockdown was being eased "at a time when our curve is going up" but maintained that "it is not edging up as we were expecting.”

The trend continued on Friday, with the country recording 1,807 cases of Covid-19 from the three provinces of Punjab, Sindh and KP alone, and the national tally nearing 27,000. It is the highest daily increase in the number of infections since Pakistan confirmed its first case on February 26.

Also read: Pakistan's Covid-19 death toll doubles in last 10 days

Khyber Pakhtunkhwa

A notification issued by the KP relief department said businesses associated with the construction industry will be exempt from closure subject to them following the standard operating procedures (SOPs) already issued for industrial units and sale points.

Businesses of steel and PVC pipes, electric appliances, manufacturers of steel and aluminium equipment, ceramic and paint industries, sanitary, paints, steel and aluminium works, and hardware stores will be allowed to open four days a week, not later than 4:00pm. They will remain closed on Fridays, Saturdays and Sundays.

All factories which are not included in the negative lists of factories will also be allowed to resume operations.

According to the notification, all shops will be allowed to remain open for four days a week and not later than 4:00pm, subject to their implementation of the government's SOPs.

Meanwhile, Adviser to the Khyber Pakhtunkhwa chief minister on information, Ajmal Wazir, told a press conference in Peshawar that educational institutions in the province will reopen as per the federal government's instructions and the province will not take an independent decision in this regard.

He added that discussions were being held on inter-district and intra-district transport with transporters and the decision will be shared with the public whenever it is taken.

Punjab

Punjab Information Minister Fayyazul Hassan Chohan said that the provincial government will submit a recommendation to the Centre for not lifting the lockdown in the province's major cities.

Speaking to reporters in Lahore, he said: "We have seen that there is a hype about coronavirus in some big cities. Therefore, we are submitting this recommendation to the federal government and if it is approved, then the lockdown and standard operating procedures will remain in big cities like Lahore, Rawalpindi, Multan and Gujranwala."

Examine: The lockdown dilemma

He added that higher secondary board examinations in Punjab will be cancelled and students will be promoted based on last year's grades. Schools will reopen on July 15.

As per the federal government's decision, OPDs in the province will open from May 9, Chohan said.

He added that the SOPs for congregational and Taraweeh prayers in mosques as announced by President Arif Alvi will remain in place.

The first session of the Punjab Assembly since the pandemic began was also to be held today.

Sindh

Sindh Chief Minister Murad Ali Shah told a press conference in Karachi that under "phase two" of the easing of the restrictions, businesses linked to construction industries will be allowed to open while observing the preventive guidelines. Selective OPDs will also be allowed to resume services.

Industries will no longer be required to submit an application to resume operations; however, they will have to submit an undertaking and forward the details of their employees to the government.

Shops will be allowed to open after sehri (dawn) and will be required to close at 5pm. They will remain closed on Saturdays and Sundays which will be "safe days with 100 per cent lockdown", the chief minister said.

The businesses permitted to resume from Monday include shops in rural areas and neighbourhood shops situated in residential localities, excluding large market places.

Shah said marriage halls, shopping malls, hotels and restaurants in the province will remain closed and there will be no congregations or sports events either.

"These guidelines will remain applicable until May 31. This is what the federal government has outlined and we are ready to comply with these directives," he said.

The chief minister appealed to citizens to stay at home as much as possible. "If you are allowed to leave your homes, according to the directives issued by the government, then make sure to follow standard operating procedures. Wear a mask," he said.

Referring to the increase in Covid-19 infections, he added: "I am seeing the rise in cases, but for national integrity and uniform policy we are going along."

In a statement released by the CM House later in the day, Shah denied media reports stating that the lockdown will end on Monday, saying: "We are entering the second phase of the lockdown with some extra restrictions, particularly at hotspots."

He maintained that air, train and public transport will continue to remain suspended.

Balochistan

In Balochistan, a meeting chaired by Chief Minister Jam Kamal Khan approved the move to turn the lockdown imposed in the province into a 'smart lockdown', under which restrictions are enforced in virus hotspots only, according to Balochistan government spokesperson Liaquat Shahwani.

He announced that markets will be allowed to open from 3am till 5 in the evening.

Shopkeepers and traders will be bound to implement SOPs for precautionary measures while legal action will be taken against the violators, Shahwani said in a tweet.

ISLAMABAD: Several Shia groups have conveyed to the government that they will bring out processions to commemorate the martyrdom of Hazrat Ali and it cannot ban them.

The resolve was expressed by top Shia clerics belonging to different religio-political groups during a meeting with Minister for Religious Affairs Pir Noor-ul-Haq Qadri here on Friday. The Shia clerics belonging to Sindh and Punjab participated in the meeting through video link.

The minister said the current situation required the protection of people from coronavirus and it should be the top priority. He said that permission for the processions would be granted after consultation with the provinces.

The meeting was called to discuss the mourning processions and gatherings related to the martyrdom of Hazrat Ali falling on May 13 to 15 (19th to 21st Ramazan).

While the Sindh government took the decision to ban the processions on April 28, the leaders of Shia groups expressed their defiance only two days ago.

Leaders of Shia groups meet minister

“This created a conflict-like situation. The government should have controlled the social media activism by sectarian groups,” said a senior Shia cleric. He said some proscribed groups had issued provocative and derogatory statements on social media following the Sindh government’s decision.

During the meeting, Mr Qadri lauded the clerics’ role and said religious circles had largely implemented the 20-point action plan agreed between the government and ulema. He praised the managements of Shia mosques for abiding by the directives.

The meeting was attended by Majlis Wahdatul Muslimeen head Allama Nasir Abbas, Shia Ulema Council secretary general Allama Arif Wahidi and Tehreek Nifaz-i-Fiqah Jafaria (TNFJ) senior leaders Allama Basharat Imami and Allama Qamar Zaidi.

Allama Nasir Abbas and Allama Arif Wahidi pointed out that President Arif Alvi had announced that the processions commemorating the martyrdom of Hazrat Ali too would be allowed following the SOPs agreed under the 20-point action plan.

However, Allama Qamar Zaidi told the religious affairs minister that the TNFJ would not accept any obstruction or binding to restrict the processions.

Published in Dawn, May 9th, 2020

CHANDIGARH/GURGAON: There is a ray of hope for real estate projects awaiting change of land use (CLU) licences from the state government. The department of town and country planning on Tuesday submitted a revised sub-regional plan to the NCR Planning Board (NCRPB). The builders, however, will have to wait till the board approves the revised plan. Last month, the Punjab and Haryana high court had barred the state government from issuing CLU licences to developers or government agencies in NCR because of the same reason. Earlier, the NCRPB had highlighted loopholes in Haryana’s draft of the sub-regional plan, but the government failed to incorporate the changes. After a rap from […]

NEW DELHI: Is India’s real estate bubble finally bursting? The International Monetary Fund’s recently-launched data series on global housing prices hints at that. Among 52 major markets for which IMF has collated house price data, India has witnessed the steepest fall. IMF’s calculation on the annual percentage change in property prices shows that prices in India fell by 9.1 per cent, the highest among major real estate markets. The fall is even worse than in countries struggling with the ongoing European Union’s financial crisis. Property prices in Greece, Italy, Cyprus, Spain and Portugal have all come down, but at a much slower rate. Ireland, on the other hand, registered a […]

"Nigeria is a secular state and freedom of speech is one of the fundamental characteristics of a modern democratic state. Criticizing a religion is not a criminal offence."

The Government of Palau will draw down on a $15 million policy-based loan from ADB's Disaster Resilience Program to help finance the country’s response to the novel coronavirus disease (COVID-19) pandemic.

ADB today announced the release of a $6 million grant from its Pacific Disaster Resilience Program (Phase 2) to help finance the Government of the Marshall Islands’ response to the novel coronavirus disease (COVID-19) pandemic.

The government of Indonesia wanted to improve land and water management in the Citarum River Basin, and requested assistance from the Asian Development Bank (ADB) to develop a long-term integrated water resources management (IWRM) investment program as part of its strategic road map. In December 2008, ADB approved a multitranche financing facility (MFF) for the Integrated Citarum Water Resources Management Investment Program to support the implementation of the IWRM road map in the basin. A periodic financing request was formulated to implement priority activities from the road map.

The project’s key objective was to demonstrate an innovative integrated ecosystem and water resources management that will improve the environmental conditions in the Baiyangdian Basin in Hebei province, southwest of Beijing. It focused on the need to conserve Baiyangdian Lake—one of the most important and vulnerable ecosystems in the People’s Republic of China (PRC). It would also contribute to achieving the goals of the Baoding municipality’s Eleventh Five-Year Environmental Protection Plan.

ADB has a vacancy for the position of Budget and Management Services Analyst in the Budget, Personnel, and Management Systems Department. The deadline for submitting applications is on 22 May 2020.

ADB is proposing a project to deliver climate adaptive solutions for water resources management and modernize outdated irrigation and drainage systems within the Amu Darya and selected reaches of the Zarafshan irrigation system.

ADB signed an agreement today to provide $8.32 million in financing to the Government of Pakistan to enable vital preparatory work ahead of a series of major projects to enhance water availability and increase agricultural...

ADB tripled the size of its response to the COVID-19 pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance, says ADB President Masatsugu Asakawa.

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Kolkata and ADB are working systematically to update the city’s ancient urban systems after years of piecemeal approaches

While the the stock markets, the corporate world and a large section of the country’s citizens are celebrating the election verdict, 45-year-old Shailesh Singh, a Delhi-based executive, is a worried man. Singh has been hunting for an apartment in the National Capital Region (NCR) for the past six months but has not been able to zero in on one. Now he is afraid that in the euphoria generated by the Bharatiya Janata Party’s (BJP) decisive victory, real estate prices may start rising again, making his purchase more expensive. Why prices won’t move up Singh’s worries might be premature. Realty experts are of the view that while there might be some […]

Approved project 53313-001 in Indonesia.

Approved project 53097-002 in Papua New Guinea.

This paper examines digital financial services and products—powered by financial technology—as well as low technology solutions that can boost digital financial inclusion for women in remote and rural areas.

MCHP Announces Financial Results for Q3FY20

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MCHP Announces Financial Results for Q4 and FY20

The Mumbai Metropolitan Region Development Authority (MMRDA) has begun the construction of 3.1 km-long new Metro Line 7A. The proposed metro corridor would comprise two stations and would connect Line 7 with the Chhatrapati Shivaji International Airport. The Mumbai Metropolitan Region Development Authority (MMRDA) has commenced the development of the Metro Line 7A.  The reach of the new metro would be 3.1 km, out of which 2.1 km-long section would be underground and would include a twin-tunnel. The corridor would establish connectivity between Metro Line 7 and the Chhatrapati Shivaji International Airport. Other areas that are expected to benefit from the improved connectivity include Andheri and Dahisar (East). According to an MMRDA […]

HOWRAH: With an eye on boosting revenue, the Howrah Municipal Corporation announced a partial waiver for property and commercial tax on Tuesday. Under the waiver scheme, no penalty or interest need to be paid. The KMC has already enforced such a scheme and has benefited greatly, said Howrah mayor Rathin Chakraborty. He said the last board, controlled by the Left Front, bungled in tax collection, resulting in tax default of around Rs 200 crore. “The state is supporting us, but we must be self-sufficient. The tax outstanding will be collected without burdening civilians,” the mayor added. http://timesofindia.indiatimes.com/city/kolkata/Howrah-Municipal-Corporation-announces-partial-waiver-of-property-and-commercial-tax/articleshow/31431111.cms

STAMFORD, CT – HARMAN, the award-winning maker of outstanding audio and entertainment solutions, announced today that eight new products have been named CES Innovation Award winners for 2014. The awards were presented by the Consumer Electronics Association (CEA®), producer of the International Consumer Electronics Show (CES), the world’s largest consumer technology tradeshow. Products from HARMAN’s JBL, Harman Kardon, Infinity, AKG, and Aha brands were recognized for outstanding design and engineering in consumer electronics.