Bangladesh Secures Qatar's Support For Reform Programme
NEW DELHI, April 24 (Bernama) -- The Bangladesh interim government's reform programme has received strong support from Qatar.
Yunus sought Qatar's "full diplomatic, financial, and investment support for building a New Bangladesh', according to a statement.
"We need your support to build the country of the dream of our youth," Yunus told Sheikh Mohammed.
Bangladesh is rebuilding itself through various reforms after Sheikh Hasina was ousted as prime minister in a student-led mass uprising last year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
28 minutes ago
- New Straits Times
Ringgit opens higher on easing trade tensions
KUALA LUMPUR: The ringgit opened higher on Tuesday against the US dollar and other major and regional currencies, supported by easing global trade tensions that lifted investor sentiment, an analyst said. At 8.01 am, the local note rose to 4.2140/2460 against the greenback from Monday's close of 4.2275/2345. However, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) had strengthened, buoyed by optimism ahead of upcoming US-China trade talks. The DXY gained 1.03 per cent to 98.653 points, as officials from both countries were in discussions in Sweden on a possible trade truce, he told Bernama. "At the same time, the two-day Federal Open Market Committee (FOMC) meeting, which begins today, will be in the spotlight, with consensus expecting no change to the Fed Funds Rate. "In addition, the US labour market will be closely watched, with July's Nonfarm Payrolls (NFP) report due on Friday. The market expects a softer print of 108,000, down from 147,000 in June," he said. Mohd Afzanizam noted that the ringgit had weakened 0.21 per cent against the US dollar to RM4.2310 on Monday, amid ongoing trade negotiations between Malaysia and the United States. Malaysia is actively engaging the US to avert the impending 25 per cent tariffs set to take effect on Aug 1, seeking a rate below 20 per cent. Meanwhile, the extended US-China negotiations could signal a prolonged truce, suggesting the administration of US President Donald Trump remains sensitive to the tariffs' potential impact on the domestic economy. "However, tariff shocks are likely to increase downside risks to global growth in the second half of 2025 and beyond, as higher costs of doing business in the US could dampen aggregate demand. "The current term of the Fed chair ends in May next year, and it appears likely that Jerome Powell's successor will be more aligned with the US President's preference for lower interest rates as a policy stance," he added. Mohd Afzanizam expects the ringgit to trade in a narrow range, likely between RM4.23 and RM4.24 today. At the opening, the ringgit traded higher against most major currencies. It rose against the Japanese yen to 2.8383/8600 from 2.8497/8546 at Monday's close, appreciated versus the British pound to 5.6286/6714 from 5.6720/6814, and strengthened against the euro to 4.8861/9232 from 4.9331/9412 previously. The local note was also firmer against regional peers. It improved against the Indonesian rupiah to 257.4/259.6 from 258.3/258.9, gained versus the Singapore dollar to 3.2750/3004 from 3.2917/2974, strengthened against the Thai baht to 12.9626/13.0702 from 13.0511/0787, and inched up against the Philippine peso to 7.37/7.43 from 7.39/7.41 previously.
Borneo Post
28 minutes ago
- Borneo Post
Asean leadership redefined: Anwar's quiet diplomacy halts deadly Thailand-Cambodia clash
Anwar is seen during a special meeting with Cambodian Prime Minister Hun Manet and acting Thai Prime Minister Phumtham Wechayachai at the Seri Perdana Complex on July 28. — Bernama photo LET'S give Datuk Seri Anwar Ibrahim the credit when it is due. For a while, many were left wondering how he was going to bring together two angry Asean member countries that were locked in a deadly conflict. It didn't help that at one point, a Thai Foreign Ministry official was quoted as saying that it did not need a third country to be involved. The spokesman, Nikorndej Balakura, reportedly stated that Thailand prefers bilateral negotiations. But the Prime Minister quietly and swiftly went behind the scenes to orchestrate a landmark ceasefire. It was complex, more so when it involved resolved historical tensions, but certainly with the hard work of our Foreign Ministry, Anwar pulled it off. It is certainly a boost to his credentials as the chair of Asean 2025. It will be awkward for him to talk about Asean unity if the two nations continue to fire rockets at each other. The five-day border conflict – marked by artillery exchanges and mass civilian displacement – ended with an 'immediate and unconditional' cessation of hostilities. It was a swift and effective intervention, the kind rarely seen in Southeast Asian diplomacy. Anwar's role as mediator has earned widespread praise, not only for de-escalating a dangerous flashpoint but also for revitalising Asean's credibility in managing intra-regional disputes. For a regional bloc often criticised for its inertia, Malaysia's leadership in this instance marks a meaningful shift. Critics have always dismissed Asean as a talk shop, but continuous talking to each other is surely better than going to war. It would have badly tarnished his image if Anwar had failed to bring the two nations to the table. What stands out is Anwar's ability to bring both sides to a ceasefire amid rising nationalist rhetoric and domestic political sensitivities in both Bangkok and Phnom Penh. The participation of international observers from the United States and China further underscores the delicate balancing act Malaysia managed to perform. In an era of intensifying superpower rivalry in Southeast Asia, Malaysia's non-aligned posture proved an asset, not a liability. Admittedly, economic reforms and domestic governance still dominate the national conversation, but this diplomatic victory may offer a needed boost to Anwar's leadership narrative. It shows a Malaysia that is not merely reactive but assertive and constructive on the global stage. Of course, the road ahead is uncertain. A ceasefire is not a peace treaty. The underlying territorial and political disputes between Thailand and Cambodia remain unresolved. A veteran Thai journalist texted me to warn against any celebrations until the frontiers are actually quiet. The BBC reported that 'shells and rockets continued to land in both countries even as the peace talks were underway; it will take a little longer to cool the emotions on both sides.' Still, Malaysia's offer to facilitate ongoing dialogue – and potentially a peacekeeping framework -positions Kuala Lumpur as a long-term convener, not just a crisis manager. Anwar has long been known as a reformist and a consensus-builder. His handling of this crisis has now added a new credential to his portfolio: regional statesman. For Malaysia, this moment should be a reminder of what thoughtful diplomacy and principled leadership can achieve. The BBC reported that President Donald Trump may have delivered the kick with his trade talks threat that enabled this ceasefire, but it is Malaysia that is getting the credit. It said, 'The world was watching – and Malaysia delivered.' — Bernama * Datuk Seri Wong Chun Wai is a national journalism laureate and chairman of the Malaysian National News Agency (Bernama).
Barnama
an hour ago
- Barnama
Airwallex Launches Yield In Singapore, Unlocking Smarter Returns After MAS Licence Approval
SINGAPORE, July 29 (Bernama) -- Airwallex, a leading global fintech platform, today announced that its Singapore entity, Airwallex Capital (Singapore) Pte Ltd, has been granted a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS). With this licence, Airwallex can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield product. Airwallex Yield is an investment fund management service that allows businesses to earn competitive returns on surplus funds held within their business¹.
