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Wechat and Alipay applied to operate legally in Nepal

Kathmandu — Digital payment platforms Wechat and Alipay have applied with the Nepal Rastra Bank (NRB) to legally operate in Nepal, the national online news portal of Nepal, Setopati has reported.

Chief of the foreign exchange department at the central bank Sarita Bhatta said the two companies have sought permission for legal operation in Nepal. “WeChat, Alipay and UniPay have sought permission for digital transactions. We are studying the application and system now,” Bhatta told.

Chinese payments app Alipay was looking to launch after Nepal banned WeChat Pay and Alipay for operating in the country without permission.

The ban itself came a month after the Himalayan Times reported the widespread use of such apps by Chinese tourists and businesses in Nepal. Because these companies aren’t registered in Nepal, Chinese tourists and businesses that used these apps were effectively bypassing the country’s tax system.

The two Chinese companies have applied for registration after that notice.

“NRB should have accurate details of the digital transactions,” she stated. “WeChat, Alipay and UniPay will become legal after getting permission.”

The Chinese Embassy in Nepal had said that such digital platforms should be made legal instead of banning them after the NRB notice.

 

Everest Inn, Perth, promotes Visit Nepal 2020 in Scotland

London– One of the best fine dining Nepali restaurants in Scotland, Everest Inn, has celebrated  its 5th anniversary along with  promoting Visit Nepal 2020 on Tuesday, 13th June 2019.  

Director of the Everest Inn, Perth Bhola Khanal said that the motto of the program  was to promote Nepal and Nepali dishes to regular customers of the restaurant.

The celebration was all about the award winning cuisine, culture, warmest Nepalese hospitality while promoting Visit Nepal 2020 & presentation by Pashupati Bhandari, Chairman of the Everest Inn Group.

“Our loyal customers and supporters were happy and many of them announced that they will, in fact, visit Nepal next year. We are grateful to all our patrons who are also planning to visit Nepal to coincide with the Visit Nepal Year 2020 campaign,” said Khanal.

Director of Everest Inn, Perth, Bhola Khanal, Provost of Perth & Kinross Council, Councillor Dennis Melloy, and Group Chairman Pashupati Bhandari handed over certificates to  longstanding supporters of the restaurant and their hard-working team.

Everest Inn, Perth – that serves Nepali and Indian cuisine—was recognised as one the best customer choices restaurants in Scotland by the National Curry Award in 2019 .

Distinguished guests present on the occasion included Deputy First minister of Scotland, John Ramsay Swinney,  Perth and Kinross Provost Dennis Melloy, Celebrity guest, Dougie MacLean, Director of Scottish Environment Protection Agency,  Rector of  University of the Highlands and Islands, Scottish Mountaineering  team members, trade and tourism professionals and representatives from local  charity organisations.

Amazing food prepared by Executive Chef, Shanker Pandey, and the team were served on the occasion.  Chairman of the Everest Inn Group, Pashupati Bhandari, thanked all the guests and regular customers and called upon them to visit Nepal next year with their friends and family. He said there were many commonalities between Nepal and Scotland and that many Scots had fallen in love with Nepali culture and cuisine after visiting Nepal.

Besides Scotland, the Everest Inn Group runs its award-winning restaurants in Blackheath, Hythe and Ashford towns of England.

British MP, Virendra Sharma, signs the Youth Friendly Charter

London– On Monday (17th June), Member of British Parliament, Virendra Sharma, attended a drop-in session hosted by the All Party Parliamentary Group (APPG) for Youth Employment and signed the Youth Friendly MP Charter.

Signing the Charter, he pledged his support to five key principles of youth employment in Ealing, Southall, namely:

Youth Voice – listening to young people in order to understand their barriers and challenges to employment, and work to help them to overcome these challenges.

Developing Young People – supporting quality learning and development opportunities for all young people, advocating education and training pathways that meet the needs of individuals.

Creating Opportunities – Supporting good quality youth employment and recognising those Youth Friendly Employers that are leading the way in offering quality early careers, work experience and employment opportunities to young people.

Recognising Young Talent – Celebrating the important role young people play in our local economy as employees, apprentices, and graduates, and their role in our local community through social action and volunteering.

Fair Employment – Helping to ensure that young people are treated fairly in the work they do.

After signing the Charter, MP Sharma said, “I will be leading the charge for creating Youth Friendly Communities; communities where every stakeholder (young people, government, educator, employer, parent, and youth group) is working together to create a place where all young people can fulfil their potential.”

A Labour party politician, Mr Sharma has been representing the Ealing Southall constituency in the British Parliament since 2007.

Indian MP Raju Bista takes oath in Nepali, wins hearts in Darjeeling

Darjeeling: Darjeeling MP Raju Bista on Tuesday took his oath in Parliament as a member of the 17th Lok Sabha. He took his oath in Nepali, much to the welcome of people from Darjeeling and Gorkhas all over the country, Eastmojo reported.

Nepali is one of the 8th Schedule languages recognised by the Constitution of India. Sikkim MP Indra Hang Subba also took his oath in Nepali earlier on Tuesday.

Wearing a traditional ‘Gorkha Topi’, Raju Bista ended his pledge with Jai Hind, Jai Gorkha, Jai Shree Ram’, much to the cheers of other members present in Parliament.

India to cross China’s population by 2027: UN

As per a United Nations report, released on Monday, India is expected to add nearly 273 million people between 2019 and 2050 and remain the most populated country through the end of the current century, India Today reported.

“India is expected to add nearly 273 million people between 2019 and 2050, while the population of Nigeria is projected to grow by 200 million. Together, these two countries could account for 23 per cent of the global population increase to 2050,” the report has said.

The 2017 world population report, released by the UN two years ago, had estimated that the population of India will surpass that of China’s by around 2024.

China, with 1.43 billion people in 2019, and India, with 1.37 billion, have long been the two most populous countries of the world, comprising 19 and 18 per cent, respectively, of the global total in 2019. They are followed by the United States of America.

The UN report ‘The World Population Prospects 2019’ added that the world’s population is expected to increase by two billion people in the next 30 years — from 7.7 billion currently to 9.7 billion in 2050.

The report said more than half of the projected increase in the global population up to 2050 will be concentrated in just nine countries, led by India and followed by Nigeria, Pakistan, Democratic Republic of the Congo, Ethiopia, Tanzania, Indonesia, Egypt and the US.

Boris Johnson once again has secured top of the second ballot

Leaving five candidates in the battle to be the next PM Dominic Raab has been knocked out of the Tory leadership race in the latest ballot of MPs.

According to BBC, Boris Johnson once again has secured top of the second ballot. He has secured 126 votes which is 12 more than in the first round.

Jeremy Hunt, Michael Gove, Sajid Javid and Rory Stewart also got enough votes to make it into the next round.

Mr Raab did not get through, after getting 30 votes, three less than the minimum needed.

The former Brexit secretary had called for the UK to leave the EU without a deal on 31 October if necessary.

The results were:

Michael Gove:  41

Jeremy Hunt: 46

Sajid Javid: 33

Boris Johnson: 126

Dominic Raab: 30

Rory Stewart: 37

The remaining candidates will face further ballots later this week, where the lowest-ranked MP will be knocked out until only two are left.

All the selected candidates will participate in BBC  live debate tonight which will kick off at around 8pm.

Facebook unveils its new digital currency called Libra

London : Facebook has unveiled plans to launch a new digital currency, called Libra, next year.

It said people would be able to make payments with the currency via its own apps, as well as on messaging service WhatsApp.

Firms such as Uber and Visa are also likely to accept it in future, it said.

It’s leading a consortium to create an open-source digital currency called Libra, set to launch in the first half of next year.

The goal is for developers to create services for consumers to send money around the world easily and for free — with the same convenience as sending a photo or a message.

The Libra currency will not be run by Facebook, but rather by a nonprofit association supported by a range of companies and organizations. But Facebook does have a plan to profit from it with a new subsidiary, Calibra, which is building a digital wallet of the same name for storing and exchanging the currency.

Nepal warns bombings in Sri Lanka signal new type of terror threat in South Asia

IANS, Kathmandu — Nepal’s Deputy Prime Minister Ishwar Pokhrel has said that the April 21 Easter Sunday suicide attacks in Sri Lanka had sent a clear and strong message that a new type of terrorism threat has arrived in South Asia.

Pokhrel, who is also the Defence Minister, made the remarks while addressing a seminar titled “Dialogues on Public Security: Countering Terrorism” organised by the Nepal Army in the capital on Sunday, Xinhua news agency reported.

The Minister said the Nepali government thinks it is very important to understand the complex phenomenon of terrorism in regional and national contexts.

Pokhrel stressed the need for domestic, regional, and international efforts to address the problem of terrorism.

“In this century, many security threats are cross-cutting and unconventional in nature. They are neither limited by national boundaries nor dealt with by conventional warfare. The worst of these threats to challenge humanity and global security is terrorism,” he said.

The Minister also said that the government of Nepal recently unveiled the National Security Policy to reflect the changed security environment.

“We are in the process of formulating necessary instruments and architecture to implement the National Security Policy. It will be useful for us to learn how developed countries have created institutional arrangements to counter these emerging threats. These will help us develop our own policy, plans and capacity building.”

The multiple terror attacks on April 21 struck churches and luxury hotels in Sri Lanka, killing more than 250 people and injuring hundreds others.

South Asian youth program gets $112K to fight stigma around mental health

The Surrey, B.C.-based South Asian Mental Health Alliance (SAMHAA) has $112,900 in new funding to help youth promote mental health within their communities, CBC Canada reported.

The B.C. Ministry of Mental Health and Addictions announced the grant Monday that SAMHAA will use to train 100 “youth ambassadors” by the spring of 2021. Founded in 2010 to foster awareness about mental health, SAMHAA now wants to equip youth to become advocates so more people can open up about their mental health and get help.

“The idea is that they [youth ambassadors] go out and begin these conversations with fellow students, family members and the community,” Judy Darcy, B.C.’s minister of Mental Health and Addictions, told CBC.

South Asians — one of the largest ethno-cultural groups in the province — tend to use mental health and substance abuse services less frequently than the general population, according to SAMHAA.

Best MOMO in London? May be you should try it!

Jagan Karki, London — If you are a MOMO lover and looking for a good place in London to enjoy various delights of Momos in London, look no further. MOMO & ROTI could be the best place for you.

MOMO & Roti: Taste of Himalayas is a  fast food eatery  that offers you 50 different varieties of Momo (originally known as Tibetan dumplings). Conveniently located in Hunslow (just opposition the bus station and few minutes walk from the … train station), the restaurant specialises  in Nepali and Tibetan food.

The restaurant with Indo-Chinese menu consists of various mouth watering street food from Nepal and offers a quality taste with reasonable price.

Executive Chef Binod Baral worked hard to collect different tastes of Himalayan Nation with  affinity to Indian/Chinese cooking, and decided to add Indo-Chinese flavour to his repertoire to appeal to the tastes of Hounslow’s Indian community.


Interestingly, it works. Chilli stir fries (lamb, chicken, paneer or tofu) can be ordered as they come; wrap up in roti to create cigar-shaped Desi-Chinese rolls. Manchow soup — the cornmeal thickened, spiced broth — is listed alongside.

Tibetan thukpa, and Hakka noodles cosy up to chow mein: the menu calls attention to intersection. Chicken lollipops with ‘nostalgic garlic, chilli sauce’ are meat flavoured pillows.

The Nepali and Tibetan cooking is also genuinely excellent. “Lesser-spotted festival dish ‘khasi ko bhutan’ showcases the slippery, crunchy funk of goat intestine,” said Mahendra Bhattarai, director of the Restaurant.

The memorable hospitality to add pleasure on the flavour is added by Basanta Mainali, manager of the Restaurant, who is in the catering business for more than 20 years.

It is estimated that there are over 200 Nepali/Indian restaurants in the UK mainly catering chicken tikka masala, Naan bread, mixed vegetables and tarka daal, among others.

But, Executive Chef Binod Baral, who is also planning to launch a Asian culinary school, said he wanted to specialise on unqiue food that could appeal to young and the old alike.

Binod is one of the UK’s most respected and proven talented chef from Nepalese community. He has more than two decades of global experience in food industries in various operation.

Recently worked for formula 1 as Global Head Chef (Asian Cusine) and former Group Executive Head Chef for The Bombay Bicycle Club for 21 Restaurant and Takeaways in London.

“If you are travelling to Nepal, please visit us to have a taste of Nepali food. If you are back from Nepal or other South Asias countries, don’t forget to visit us just to refresh your culinary memories,” said Mainali.

This is the restaurant you must try once—whether you are a vegetarian or a meat lover.

For opening hours and bookings, visit www.momoandroti.com

U.S. Visa Applicants Must Now Submit 5 Years of Social Media Information

 U.S. State Department began implementing its requirement that nearly all U.S. visa applicants submit their social media usernames, previous email addresses and phone numbers as part of the application process.

The new requirement, which could affect up to 15 million would-be travelers to the U.S., is part of a broad expansion of enhanced screening under the Trump administration.

First proposed in March 2018, the State Department only just updated the application forms to request the additional information, according to a report from the Associated Press.

“National security is our top priority when adjudicating visa applications, and every prospective traveler and immigrant to the United States undergoes extensive security screening,” the department said in a statement to the AP. “We are constantly working to find mechanisms to improve our screening processes to protect U.S. citizens, while supporting legitimate travel to the United States.”

In the past, this enhanced screening information, including email, phone numbers and social media had only been required for applicants who had been identified for extra scrutiny — primarily people who had traveled to areas with a high degree of terrorist activity. Roughly 65,000 applicants per-year had fallen into that category, according to the AP.

When the State Department first filed its notice of the changes, it estimated that 710,000 immigrant visa applications and 14 million nonimmigrant visa applicants would be affected — including business and student travelers.

New questions on the visa application forms list social media platforms and require applicants to provide any account names they may have had on them for a five-year period. The forms also request phone numbers and email addresses applicants have used over the past five years, along with their international travel and deportation status and whether any family members have been involved in terrorist activities.

These new obstacles to immigration come at a time when competition for highly-skilled talent is at an all-time high. And according to data from the Organization of Economic Co-operation and Development, the U.S. is no longer the top-ranked destination for highly skilled workers or entrepreneurs.

Increasingly, immigrants are turning to countries like Canada,  Norway, Switzerland, Germany, Australia and New Zealand as destinations to settle and start businesses or find work, OECD data suggests.

It’s a (not unexpected) turn of events that could have significant consequences for the country as tensions with China continue to rise.

Sajid Javid and the complex life of a Muslim Conservative leadership hopeful

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Sajid Javid, the son of Pakistani Muslim immigrants and currently the British home secretary, has positioned himself as the “change”candidate in his bid to become the next leader of the Conservative Party, and de facto prime minister.

It’s been a complicated journey from a boy who faced racism and low expectations at school, to a city trader who made his fortune in banking, to fast rising star in the Conservative Party.

Javid’s official campaign video shows him as a family man. It opens with the husband and father at home with his white British wife, their children and the family’s pet dog. They are a picture perfect portrait of multicultural Britain. It includes a visit to his childhood home in Bristol on what he described as one of Britain’s most dangerous streets, where he previously also that he could have had been drawn into a life of crime. Towards the end of the video, Javid is seen visiting his mother, who is dressed in traditional shalwar kameez, frying pakoras in the kitchen. She allows her son to taste one. Mum’s cooking is the best, he says appreciatively.

A deeply personal snapshot of life as the son of immigrant parents, the video emphasises Javid’s non-traditional backstory for someone vying to lead the Conservative Party. It is undoubtedly a “change” not lost on the party membership. Indeed, a YouGov poll of 944 Tory members found that 55% said Javid did not look or sound like a typical Conservative.

Given that Boris Johnson remains the bookies favourite to win by a long margin, it does seem the Conservative Party values familiarity. Johnson (Eton, Oxford, and Bullingdon) won the highest number of votes in the first of ballot of MPs to select their new leader. He is also thought to be the firm favourite among party members, who decide on the final candidate.

Javid dismisses Johnson as “yesterday’s news” but the gap between Johnson’s 114 votes, and the 43received by his nearest rival Jeremy Hunt shows Johnson is very much today’s news. Javid received 23 votes, putting him in fifth position, so while he is not out of the race yet, he remains an outsider.

Javid’s is a text-book example of the British Dreamwhere hard work and application can elevate a boy once living above a shop in a rough neighbourhood into one of the highest offices in the land. Javid would argue that his story shows the power of the individual to rise above circumstances – his small-state, self-reliant philosophy is influenced by the Conservative prime minister, Margaret Thatcher, who he heralds an inspiration and whose picture hangs in his office.

Yet, in his leadership campaign speech he speaks frankly about the issues of racism he has faced throughout his life; from school and his teacher’s expectations about what boys like him should aspire to, his career in banking, and in politics.

Islamophobia in the Conservative Party

Javid has steered clear from talking about Islamaphobia. Johnson, of course, was accused of Islamaphobia in 2018 after he made comments comparing Muslim women in burqas to [“letter boxes” and “bank robbers”]. Neither Javid nor Johnson has commented on the issue in the campaign thus far.

When Javid was not invited to the state banquet held in honour of the US president Donald Trump, even though some more junior ministers were, it lead some to point the finger towards Islamophobia. Javid himself has only commented that he thought it was “odd” and that he did not like it. But others, including the former Conservative Party chair and the first Muslim to be appointed to a cabinet post, Sayeeda Warsi, were quite certain Javid’s background was the reason.

Warsi has been vocal about Islamphobia in the Conservative Party as well as more widely, once claiming that Islamaphobia was socially acceptable and had “passed the dinner-table” test. The Muslim Council of Britain (MCB), an umbrella organisation purporting to represent Britain’s Muslims wrote to the prime minister expressing their concern that Javid’s snub showed that the state was willing to forgo the principals of fairness and equality for all.

Javid has, in the past, opposed the MCB’s calls for an inquiry into Islamaphobia in the Conservative Party, dismissing their claims to represent British Muslims.

Previously, Javid has insisted his party, by the very fact of entertaining him as the home secretary is not Islamophobic. Asked directly whether he thought his Muslim background influenced his omission from the invitation list to Trump’s state banquet, his reply was less than clear: “I am not saying that at all. I really don’t know”.

Javid must be relieved he was not called a “stone cold loser” by the president of the United States, like his fellow son of an immigrant Pakistani Muslim bus driver, the Mayor of London, Sadiq Khan.

On the one hand, Javid appears to be playing up to his roots in both his video and launch speech. On the other, he has refused to engage with the elephant in the room, namely Islamaphobia in the Conservative Party, and, possibly the government pandering to Trumps’s racism at his expense. Maybe Javid is aware that playing on his immigrant Muslim credentials can only take him so far within the Conservative Party. And, it is Conservative MPs and the Party membership which hold his dream of becoming prime minister in their hands. From The Conversation

India imposes higher customs duty on 28 US goods

PTI : After extending the deadline for several times, India has decided to impose additional customs duties on 29 US products, including almond, walnut, and pulses, with effect from June 16, sources said. A notification with this regard will be issued by the finance ministry soon, they added.

The move will hurt American exporters of these 29 items as they have to pay duties on these products. India would get about $217 million in additional revenue from such imports.

The government had on June 21, 2018, decided to impose these duties in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminum products.

India has informed the US about its decision to go ahead with the retaliatory duties, the sources said.

America had in March last year imposed 25 percent tariff on steel and a 10 percent import duty on aluminum products.

As India is one of the major exporters of these items to the US, the US decision has a revenue implication of about $240 million on Indian steel and aluminium products.

India extended the deadline for imposition of these duties multiple times in the hope that some solution would emerge during a negotiation between India and the US on a proposed trade package.

South Asia peace ‘elusive’ without co-operation: Imran Khan

Internews/Bishkek — Pakistan Prime Minister Imran Khan has said that enduring peace and prosperity in South Asia will remain elusive until the main dynamic in the region is shifted from confrontation to co-operation.
He was addressing the 19th meeting of Shanghai Co-operation Council (SCO) Council of Heads of State in Bishkek, Kyrgyzstan.
The prime minister said that South Asia continues to be challenged by common enemies, including poverty, illiteracy, disease, and under-development.
Khan said that political differences and unresolved disputes further compound the predicament.
He said that it is important to seize the opportunities for peaceful resolution of outstanding disputes and collective endeavours to ensure regional prosperity.
The prime minister said that Pakistan condemns terrorism in all its forms and manifestations, including state-sponsored terrorism against people under illegal occupation.
Khan said that Pakistan is among the few countries to have successfully turned the tide against terrorism, and added that Islamabad remains ready to share its experience and expertise to counter the threat.
“We will also remain actively engaged in the SCO’s counter-terrorism initiatives,” he said.
Referring to the Afghan issue, the prime minister said that there is finally a realisation that the conflict in Afghanistan has no military solution.
Khan said that Pakistan is fully supporting efforts for peace and reconciliation, through an Afghan-led and Afghan-owned process.
He said that Pakistan deems this to be part of a shared responsibility and, therefore, appreciates the positive contributions being made by China, Russia, and Afghanistan’s immediate neighbours.
Khan said that the SCO’s support for post-conflict Afghanistan will remain crucial.
Expressing concern over evolving situation in the Gulf and Middle East, the prime minister said that Pakistan joins SCO members in urging the parties to exercise restraint, take steps to de-escalate the situation, and find solutions through diplomatic means.
He said that Pakistan believes that the implementation of the Joint Comprehensive Plan of Action by all parties is essential for international and regional stability.
The prime minister presented an eight-pronged course of action for the SCO on the turf of international politics.
He said that all nations should reinforce the vision of co-operation, that rejects confrontation, and advance the imperatives of peaceful co-existence at the regional and international levels.
Khan also urged SCO members to galvanise the “Shanghai Spirit” to strengthen the SCO’s core mandate of mitigating the risks of conflict, fostering confidence, and promoting stability.
He said arrangements need to be finalised for trade in local currencies, and for the SCO Fund and SCO Development Bank to be set up to catalyse the trans-regional development agenda.
Khan said that the SCO member states need to synergise the various region-wide connectivity initiatives, and work on complementing infrastructure connectivity with soft connectivity, and make the SCO more relevant to the daily lives of citizens by promoting food security and enhancing co-operation in health and humanitarian sectors.
The prime minister said the SCO should take the lead role in establishing a comprehensive framework for combating corruption and white collar crime, prioritise women and youth empowerment by focusing inter-alia on strengthening the Women Forum and the Youth Council and mandating them to promote gender mainstreaming, skills acquisition and jobs mobility, and bridge the gap between region- specific research and policy by launching feasibilities for creating SCO Centres of Excellence on Poverty Alleviation, De-Radicalisation, Connectivity, and New Technologies.
On the sidelines of the SCO meeting, Prime Minister Khan met Chinese President Xi Jinping for discussions on bilateral, regional and multilateral issues.
On Twitter, a Foreign Office spokesman said both sides reaffirmed their commitment to further deepening the Pakistan-China All-Weather Strategic Co-operative Partnership.
Khan reiterated Islamabad’s resolve to ensure early completion of China-Pakistan Economic Corridor (CPEC) projects.
Xi expressed appreciation for Pakistan’s measures against terrorism and acknowledged efforts for regional peace and stability.
Both sides decided to enhance the depth and breadth of co-operation at all levels.
On Thursday, Prime Minister Khan met Kyrgyz President Sooronbay Sharipovich Jeenbekov and agreed to strengthen land and air connectivity between the two countries.
The leaders also reviewed bilateral relations and agreed to comprehensively upgrade mutual co-operation in diverse fields.
Khan and Jeenbekov also agreed to enhance people-to-people contacts and boost tourism co-operation through friendly visa regimes.
Earlier, upon arrival in Bishkek for the SCO meeting, the prime minister was received by Kyrgyzstan PM Mukhammedkalyi Abylgaziev and Health Minister Health Kosmosbek Sarievich Cholponbaev.
Later, Khan met Russian President Vladimir Putin during a dinner hosted by Jeenbekov in honour of the heads of the SCO.
During the dinner, the prime minister and Putin shook hands and shared pleasantries.
Since becoming a member of the SCO in 2017, Pakistan has been actively participating at all levels in various SCO mechanisms, including foreign affairs, defence, national security, economy and trade, science and technology and innovation, youth and women empowerment, tourism and media.
Besides Pakistan, the SCO’s members are China, Russia, India, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.
SCO observers are Afghanistan, Iran, Belarus, and Mongolia.

ADB to fund Liquefied Natural Gas generation project feasibility study in Sri Lanka

The Asian Development Bank (ADB) has approved a proposal to conduct a feasibility study and survey to adopt Liquefied Natural Gas (LNG) power generation in Sri Lanka to diversify energy mix.

The government through the External Resources Department (ERD) has requested ADB last March to support Ceylon Electricity Board (CEB) urgently in exploring LNG as a fuel for power generation. The Ministry of Power and Renewable Energy (MPRE) also sees a greater role for LNG in its goal of reducing the use of oil and coal in the country, particularly for power generation.

This is also in line with the government’s key development priority to diversify the existing generation mix to include cleaner energy resources and climate change mitigation actions. A small-scale TA (technical assistance) was preferred to initiate activities for LNG study quickly as requested by the government, according to the ADB.

The proposed feasibility study is aimed at identifying the optimal LNG facility for Sri Lanka (land-based LNG terminal or floating storage and regasification unit) and the most suitable location for the development of new LNG-fired power plants and its associated facilities.

This will include a detailed study by considering the demand for natural gas in Sri Lanka, global LNG market, LNG pricing and contracts, possibility of supplying LNG to regional markets, and social and environmental aspects. The Maldives is considering importing LNG for power generation and other uses.

An LNG terminal in Sri Lanka with sufficient storage and adequate supply will benefit from lowering the energy cost of both countries. The site selection requires offshore survey and hydrodynamic studies to ascertain technical parameters needed for LNG power generation infrastructure and its associated facilities. Therefore, it is recommended to engage a firm with expertise, equipment, and experience working in Sri Lankan ocean waters to carry out this marine survey.

The TA will help provide support for the feasibility study including marine survey for developing LNG based power generation and its value chain. The CEB, a State-owned electricity utility, has already carried out a preliminary feasibility study with support from the ADB exploring the possibility of LNG for Colombo-based power plants. The findings of the pre-feasibility study recommend the setting-up an LNG terminal and other infrastructure on an expeditious basis to supply LNG for power generation, the ADB report said.

The CEB does not have in-house capacity to undertake these tasks since LNG is entirely new to Sri Lanka. The TA will provide external consultants to assist in preparing the feasibility and survey report for LNG import, LNG terminal and sea side facilities, infrastructure and other allied facilities for LNG transmission to prospective power plants. – CJ

China-South Asia to promote manufacturing upgrades

KUNMING, (Xinhua) — Manufacturing upgrades is the hottest topic at the 14th China-South Asia Business Forum held in Kunming, capital of southwest China’s Yunnan Province, that closed on Thursday.

“About 60 to 70 percent of the South Asian population live on agricultural incomes. However, more and more young people prefer to seek employment opportunities in manufacturing industries,” said Rajeev Singh, director general of the Indian Chamber of Commerce, adding China’s experience in upgrading manufacturing industries is worth learning from.

At the forum, the Yunnan provincial sub-council of the China Council for the Promotion of International Trade (CCPIT) inked a memorandum of understanding with the chambers of commerce of six South Asian countries to build a business cooperation database, which will provide information for much-needed investment projects in South Asian countries.

There is a huge demand for infrastructure and investment in South Asian countries which involve power, communications, transport and many other fields, said CCPIT vice president Chen Zhou.

He added that all parties can boost the regional economy through co-construction of overseas economic and trade parks and pilot bases for capacity cooperation.

Song Guodong, general counsel of China Railway International Group (CRIG), said that infrastructure is the foundation of industrial development in South Asia.

CRIG has built a number of large projects in South Asia, including the Padma Bridge in Bangladesh and the Bheri Babai Diversion Multipurpose Project in Nepal.

“Chinese companies will play an important role in the upgrading of Sri Lanka’s manufacturing sector,” said Shrima Jean, Senior Vice President of Sri Lankan Chamber of Commerce and EC member of South Asian Association for Regional Cooperation Chamber of Commerce and Industry.

Economic trade between China and South Asian countries has maintained an upward momentum in recent years, with imports and exports exceeding $ 140 billion in 2018, up 10.5 percent year-on-year.