Around South Asia

China produces new diesel trains for Sri Lanka

China produces new diesel trains for Sri Lanka

Qingdao, July 13 (Xinhua) -- China's rolling-stock maker CRRC Qingdao Sifang Co. Ltd. has produced nine diesel trains for Sri Lanka. The new type of diesel trains, equipped with 90 train cars, rolled off the production line on Friday. They are the fourth batch of diesel trains the company produced for Sri Lanka. The trains were designed to travel at...

An injured man receives treatment at the hospital, after a suicide attack in Jalalabad, Afghanistan July 12, 2019. REUTERS/Parwiz

Suicide bomber kills five at wedding party in eastern Afghanistan

July 12 (Reuters) - A suicide bomber on foot targeted a wedding party in Afghanistan’s eastern province of Nangarhar on Friday, killing at least five people and injuring 40, local officials said. Atahullah Khogyani, a spokesman for Nangarhar province’s governor, said a boy set off his explosives inside the house of a pro-government militia commander in Pacheragam district. Khogyani said...

Colombo watches a city being born in the ocean

Central Banks revises Sri Lanka’s growth to 3% from 4%

Colombo, July 12 (Daily FT) - The Central Bank yesterday said it has revised growth down to 3% from 4% earlier in the year, but kept policy rates unchanged on moderate inflation, international rate cuts, and expectations of lending rates declining in the coming weeks, to boost economic expansion. Central Bank Governor Dr. Indrajit Coomaraswamy on Thursday remained optimistic about...

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