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Bangladesh proposes hosting Saudi production hub to expand partnership

Special Bangladesh proposes hosting Saudi production hub to expand partnership
Saudi Ambassador Abdullah bin Abiyah meets Bangladesh’s Chief Adviser Prof. Muhammad Yunus at the State Guest House Jamuna on July 27, 2025. (Chief Adviser’s Office)
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Updated 12 sec ago

Bangladesh proposes hosting Saudi production hub to expand partnership

Bangladesh proposes hosting Saudi production hub to expand partnership
  • Saudi crown prince invites Prof. Yunus to attend Future Investment Initiative Forum in Riyadh
  • Bangladesh requests support in health education for skills development in healthcare sector

DHAKA: Bangladesh’s Chief Adviser Prof. Muhammad Yunus has proposed establishing Ƶ’s production sector in Bangladesh, his office said, following a meeting with the Kingdom’s newly appointed envoy to Dhaka.

Dr. Abdullah bin Abiyah presented his credentials as Saudi ambassador to Bangladesh earlier this month. He paid a visit to Yunus at the State Guest House Jamuna on Sunday.

Yunus, the Nobel Prize-winning economist who heads Bangladesh’s interim government, “proposed that Ƶ could consider establishing its production sector in Bangladesh by utilizing Bangladesh’s geostrategic location, cheap labor, and the country’s resources,” the Chief Adviser’s Press Wing said in a statement.

Azad Majumder, Yunus’ deputy press secretary who was present during the meeting, told Arab News that the move would be beneficial for both countries as it would “create employment opportunities for the Bangladeshi youth and offer Ƶ an opportunity to obtain essential goods at a better price.”

The Saudi market is already familiar with Bangladeshi workers as some 3 million of them live in the Kingdom. They are the largest expat group in the Kingdom and the biggest Bangladeshi community outside Bangladesh.

Many have been employed in the construction sector but increasingly also in professions requiring high skills. In 2023, Ƶ launched the Workers’ Recruitment and Skill Verification Program in Bangladesh, aiming to advance the professional competence of employees in the Kingdom’s labor market.

Yunus discussed with the Saudi envoy the prospect of increased investment in health education to support skills development in Bangladesh’s healthcare sector.

“It would also benefit the Kingdom, given the growing demand for medical professionals in Ƶ. In recent years, Bangladesh has sent a number of healthcare workers there,” Majumder said.

“A number of issues concerning the bilateral relationship between Bangladesh and Ƶ were discussed during the meeting. Prof. Yunus expressed his hope that the Saudi-Bangladesh relationship will reach new heights during Ambassador Abiyah’s tenure and pledged full support from his government to achieve this goal.”

The ambassador delivered an invitation letter from Saudi Crown Prince Mohammed bin Salman for Yunus to attend the Future Investment Initiative Forum in Riyadh in October.

Often dubbed “Davos in the Desert,” the forum is an annual international investment and innovation conference that gathers global leaders, investors, entrepreneurs, and innovators.


China to offer childcare subsidies in bid to boost birth rate

Updated 5 sec ago

China to offer childcare subsidies in bid to boost birth rate

China to offer childcare subsidies in bid to boost birth rate
BEIJING: China’s government will offer subsidies to parents to the tune of $500 per child under the age of three per year, Beijing’s state media said Monday, as the world’s second most populous nation faces a looming demographic crisis.
The country’s population has declined for three consecutive years, with United Nations demography models predicting it could fall from 1.4 billion today to 800 million by 2100.
The nationwide subsidies apply retroactively from January 1, Beijing’s state broadcaster CCTV said, citing a decision by the ruling Communist Party and the State Council, China’s cabinet.
“This is a major nationwide policy aimed at improving public wellbeing,” CCTV said.
“It provides direct cash subsidies to families across the country, helping to reduce the burden of raising children,” it added.
There were just 9.54 million births in China last year, half the number than in 2016, the year it ended its one-child policy, which was in place for more than three decades.
The population declined by 1.39 million last year, and China lost its crown as the world’s most populous country to India in 2023.
Marriage rates are also at record low levels, with many young couples put off having babies by high child-rearing costs and career concerns.


Analysts warned that the subsidies alone would not reverse China’s population decline, nor boost its long-standing domestic spending slump.
“The sums involved are too small to have a near-term impact on the birth rate or consumption,” Zichun Huang, China economist at Capital Economics, said.
“But the policy does mark a major milestone in terms of direct handouts to households and could lay the groundwork for more fiscal transfers in future.”
Many local governments have already rolled out subsidies to encourage childbirth.
In March, Hohhot, the capital of China’s northern Inner Mongolia region, began offering residents up to 100,000 yuan ($14,000) per newborn for couples with three or more children, while first and second children will be eligible for 10,000 and 50,000 yuan subsidies.
In Shenyang, in northeastern Liaoning province, local authorities give families who have a third child 500 yuan per month until the child turns three.
Hangzhou, in eastern Zhejiang province, offers a one-time payment of 25,000 yuan to couples who have a third child.
More than 20 provincial-level administrations in the country now offer childcare subsidies, according to official data.
Premier Li Qiang vowed to provide childcare subsidies during the government’s annual work report in March.
China’s shrinking population is also aging fast, sparking worries about the future of the country’s pension system.
There were nearly 310 million people aged 60 and over in 2024.

Thailand and Cambodia agree to ‘unconditional’ ceasefire

Thailand and Cambodia agree to ‘unconditional’ ceasefire
Updated 12 min 5 sec ago

Thailand and Cambodia agree to ‘unconditional’ ceasefire

Thailand and Cambodia agree to ‘unconditional’ ceasefire
  • Malaysian PM Anwar Ibrahim invited leaders of the two feuding ASEAN members to a dialogue to resolve their dispute
  • Earlier, President Trump warned that the hostilities could hamper implementation of US trade pacts with either country

PUTRAJAYA, Malaysia: Thailand and Cambodia will enter into an unconditional ceasefire starting at midnight on Monday, Malaysia’s Prime Minister Anwar Ibrahim announced.

“Both Cambodia and Thailand reached a common understanding as follows: One, an immediate and unconditional ceasefire with effect from 24 hours local time, midnight on 28th July 2025, tonight,” Anwar said after mediation talks in Malaysia.

The leaders of Cambodia and Thailand earlier arrived in Malaysia for talks aimed at securing a ceasefire in their fierce border conflict, amid an international effort to halt the fighting which entered a fifth day.

The ambassadors to Malaysia of the United States and China were also present at the meeting in Malaysia’s administrative capital of Putrajaya, the official said.

It was hosted at the residence of Malaysian Prime Minister Anwar Ibrahim, the chair of the regional bloc ASEAN.

Both Thailand and Cambodia accuse the other of starting the fighting last week and then escalating the clashes with heavy artillery bombardment at multiple locations along their 817km land border, the deadliest conflict in more than a decade between the Southeast Asian neighbors.

Cambodian Prime Minister Hun Manet had earlier said the talks were co-organized by Malaysia and the United States, and that China would also take part in them.

“The purpose of this meeting is to achieve an immediate ‘ceasefire’, initiated by President Donald Trump and agreed to by the Prime Ministers of Cambodia and Thailand,” Hun Manet said in a post on X as he departed for the talks. Trump said on Sunday he believed both Thailand and Cambodia wanted to settle their differences after he told the leaders of both countries that he would not conclude trade deals with them unless they ended their fighting.

Thailand’s leader said there were doubts about Cambodia’s sincerity ahead of the negotiations in Malaysia.

“We are not confident in Cambodia, their actions so far have reflected insincerity in solving the problem,” acting Thai Prime Minister Phumtham Wechayachai told reporters ahead of his departure for Malaysia.

“Cambodia has violated international law, but everybody wants to see peace. Nobody wants to see violence that affects civilians.”

Cambodia has strongly denied Thai accusations it has fired at civilian targets, and has instead said that Thailand has put innocent lives at risk. It has called for the international community to condemn Thailand’s aggression against it.

The tensions between Thailand and Cambodia have intensified since the killing in late May of a Cambodian soldier during a brief skirmish.

Border troops on both sides were reinforced amid a full-blown diplomatic crisis that brought Thailand’s fragile coalition government to the brink of collapse.


France petition against bee-killing pesticide tops two million backers

France petition against bee-killing pesticide tops two million backers
Updated 29 min 23 sec ago

France petition against bee-killing pesticide tops two million backers

France petition against bee-killing pesticide tops two million backers
  • According to a poll published in La Tribune Dimanche on Sunday, 64 percent of people surveyed hope Macron will not sign the bill into law but will instead submit it to a new debate in parliament

PARIS: A student-led petition against a chemical deadly to bees reached more than two million signatures in France on Monday, increasing pressure on the president not to sign a bill allowing its use into law.
The legislation was adopted on July 8, but without a proper debate to bypass gridlock in a bitterly divided parliament.
On July 10, a 23-year-old master’s student launched a petition urging the French government to drop the law allowing the reintroduction of acetamiprid, a pesticide that is harmful to ecosystems but popular with many farmers in Europe.
Banned in France since 2018, the chemical remains legal in the European Union.
The insecticide is particularly sought after by beet and hazelnut growers, who say they have no alternative against pests and face unfair competition.
The petition on France’s lower-house National Assembly’s website had garnered more than 2,009,000 signatures on Monday morning.
Backers at the height of summer include 400 people from the culinary world, including Michelin-starred chefs, who have criticized the “blindness of our politicians.”
According to a poll published in La Tribune Dimanche on Sunday, 64 percent of people surveyed hope Macron will not sign the bill into law but will instead submit it to a new debate in parliament.
Macron has said he is waiting to hear the verdict of the Constitutional Council, which is expected to rule on the constitutionality of the law on August 7.
The contested legislation is dubbed the Duplomb law, after its author, Laurent Duplomb, a senator for the right-wing Republicans party.
The petition reached 500,000 signatures last weekend, a threshold after which the lower house may choose to hold a public debate, but that would be limited to the content of the petition — not the law itself.


Indian army says three men killed after firefight in Indian Kashmir

Indian army says three men killed after firefight in Indian Kashmir
Updated 39 min 9 sec ago

Indian army says three men killed after firefight in Indian Kashmir

Indian army says three men killed after firefight in Indian Kashmir
  • Indian army says three men killed after firefight in Indian Kashmir

NEW DELHI: The Indian army said on Monday that it had killed three men after an intense firefight in Indian Kashmir, according to a post by the army on X.
The men are suspected to be behind the April 22 attack on Hindu tourists in Indian Kashmir that sparked a deadly military conflict with neighbour Pakistan, two Indian TV news channels said.
Reuters could not immediately verify the involvement of the men in the attack.


Confronted by crises, Philippine president delivers state of the nation speech

Confronted by crises, Philippine president delivers state of the nation speech
Updated 28 July 2025

Confronted by crises, Philippine president delivers state of the nation speech

Confronted by crises, Philippine president delivers state of the nation speech
  • President Marcos’ rise to power in mid 2022, more than three decades after an army backed “People Power” revolt overthrew his father from office and into global infamy, was one of the most dramatic political comebacks

MANILA: Philippine President Ferdinand Marcos Jr. is delivering his state of the nation speech while confronting diverse crises midway through his six-year term, including recent deadly storms with more than 120,000 people encamped in emergency shelters, turbulent ties with the vice president and escalating territorial disputes with Beijing in the South China Sea.
About 22,000 policemen were deployed Monday to secure the House of Representatives complex in suburban Quezon city in the capital region before Marcos’ address to both chambers of Congress, top government and military officials and diplomats.
Thousands of protesters staged rallies to highlight a wide range of demands from higher wages due to high inflation to the immediate impeachment trial of Vice President Sara Duterte over a raft of alleged crimes.
Marcos’ rise to power in mid-2022, more than three decades after an army-backed “People Power” revolt overthrew his father from office and into global infamy, was one of the most dramatic political comebacks. But he inherited a wide range of problems, including an economy that was one of the worst-hit by the coronavirus pandemic, which worsened poverty, unemployment, inflation and hunger.
His whirlwind political alliance with Duterte rapidly floundered and she and her family, including her father, former President Rodrigo Duterte, became her harshest critics.
The former president was arrested in March in a chaotic scene at Manila’s international airport and flown to be detained by the International Criminal Court in the Netherlands for an alleged crime against humanity over his deadly anti-drugs crackdowns while still in power.
Sara Duterte became the first vice president of the Philippines to be impeached in February by the House of Representatives, which is dominated by Marcos’ allies, over a range of criminal allegations including largescale corruption and publicly threatening to have the president, his wife and Romualdez killed by an assassin if she herself were killed during her disputes with them.
The Supreme Court ruled Friday that the impeachment case was unconstitutional due to a key procedural technicality, hampering Duterte’s expected trial in the Senate, which has convened as an impeachment tribunal. House legislators said they were planning to appeal the decision.
Unlike his predecessor Rodrigo Duterte, who nurtured cozy ties with China and Russia, Marcos broadened his country’s treaty alliance with the United States and started to deepen security alliances with Japan, Australia, New Zealand, Canada France and other Western governments to strengthen deterrence against increasingly aggressive actions by China in the disputed South Chin Sea. That stance has strained relations between Manila and Beijing.
Defense Secretary Gilberto Teodoro said the Marcos administration would continue to shift the military’s role from battling a weakening communist insurgency to focusing on external defense, specially in the disputed South China Sea, a vital global trade route where confrontations between Chinese and Philippine coast guard and naval forces have intensified in recent years.
“The president’s statements were, we would be unyielding and resistant to Chinese aggression in the West Philippines Sea,” Teodoro said in an interview by the ABS-CBN TV network, using the Philippine name for the stretch of disputed waters off the western Philippine coast. “We’ve been gearing up toward that mission.”
Last week, US President Donald Trump hosted Marcos in the White House for talks on tariffs, trade and further boosting their countries’ treaty alliance.
After returning to Manila, Marcos traveled to an evacuation center outside Manila to help distribute food and other aid to villagers displaced by back-to-back storms and days of monsoon downpours that have flooded vast stretches of the main northern Luzon region, including Manila.
More than 6 million people were affected by the onslaught, which left more than 30 others dead, mostly due to drownings, landslides and falling trees.