All posts by admin

Singapore and Thailand conclude joint naval exercise

 The Republic of Singapore Navy (RSN) and the Royal Thai Navy (RTN) concluded ‘Exercise Singsiam’ on Monday.

 Held in Sattahip, Thailand, and the Gulf of Thailand from July 7, the exercise saw the participation of the RSN’s Victory-class missile corvette RSS Valiant, and Independence-class littoral mission vessel RSS Indomitable.

The RTN participated with a Naresuan-class frigate HTMS Taksin, a Adulyadej-class frigate HTMS Bhumibol Adulyadej, one Dornier-228 Maritime Patrol Aircraft and one S-70B naval helicopter.

Singapore’s Ministry of Defence stated on Monday that, during the exercise, both navies conducted a series of maritime security and conventional warfare drills, including gunnery firings, vertical replenishment, as well as communication and manoeuvring serials. This year’s edition also included a Humanitarian Assistance and Disaster Relief (HADR) shore planning exercise.

“This exercise is an important component of our strong bilateral relations. Both our navies have benefited from exercising together and the exercise is a good platform for our officers and sailors to foster camaraderie, mutual understanding and cooperation,” said Singapore Navy’s Colonel Siswi Herlini while highlighting the importance of Exercise Singsiam.

Exercise Singsiam is in its 21st edition since its inauguration in 1981, and has expanded in scope and complexity over the years to include more advanced naval serials. AGENCIES

South Korea discusses ways to bolster bilateral ties with New Zealand

 South Korean Foreign Minister Cho Tae-yul met with his New Zealand counterpart Winston Peters on Monday and discussed ways to bolster bilateral cooperation amid burgeoning ties between North Korea and Russia, Seoul’s Foreign Ministry said on Monday.

The luncheon meeting between Cho and Peters, who doubles as the Deputy Prime Minister, was held in Seoul to discuss high-level exchanges, practical cooperation in the economic sector, the situation on the Korean Peninsula, and other major regional issues, the Ministry said in a press release, Yonhap news agency reported.

Both sides agreed that North Korea’s continued provocations and the close ties between Pyongyang and Moscow pose a threat not only to the Korean Peninsula but also to global peace and stability.

The two stressed the importance of a unified response and cooperation from the international community and agreed to continue working closely together, the Ministry said.

They also acknowledged the significance of a joint statement issued by the leaders of South Korea, Japan, Australia, and New Zealand at last week’s North Atlantic Treaty Organization (NATO) summit.

The statement strongly condemned North Korea’s weapons exports to Russia, casting them as an “illegal” action and warning of strong “strategic counteraction”.

The two sides also agreed on the shared vision of peace, stability, prosperity, resilience, and a rules-based order in the Indo-Pacific region and decided to explore ways to strengthen solidarity in the future, the Ministry said. AGENCIES

South Korea warns against possible launch of additional North Korean trash balloons

 North Korea would be held responsible for any damage incurred by its trash balloon campaign, South Korea’s military warned Monday, a day after the North said South Korea should be ready to pay “a very high price” for sending anti-Pyongyang leaflets across the border.

The Joint Chiefs of Staff (JCS) issued the warning in response to a statement by Kim Yo-jong, the influential sister of North Korean leader Kim Jong-un, that claimed “dirty leaflets and things” had been discovered in 17 places in the border region and other areas of her country, and condemned such an act as “dirty play,” reports Yonhap news agency.

“I once again emphasise that all responsibility lies in North Korea should South Korean citizens suffer any damage from the North’s trash-carrying balloons,” JCS spokesperson Colonel Lee Sung-jun said.

Noting a rare photo released by the North’s state media that showed leaflets flown in from South Korea being burned, along with a pack of cold medicine, Lee said it simply depicts how North Korea is reacting to supplies that were sent for humanitarian support.

Since late May, North Korea has sent more than 2,000 trash-filled balloons into the South, in a tit-for-tat move against anti-Pyongyang leaflets sent by North Korean defectors in the South. South Korea responded by blaring anti-Pyongyang broadcasts through its border loudspeakers.

On whether to resume the loudspeaker broadcasts, the JCS spokesperson said the military will take a “flexible” approach, based on unspecified strategic and operational circumstances. AGENCIES

Turkish FM expresses hope for Syria to embrace Turkey’s call for normalisation

 Turkish Foreign Minister Hakan Fidan has said that Turkey has issued a high-level call for normalisation with Syria, highlighting its utmost importance, and expressed hope for a positive response from Syria.

Addressing a press conference alongside visiting Saudi Foreign Minister Faisal bin Farhan Al Saud in Istanbul on Sunday, Fidan expressed hope that the Syrian government would acknowledge Turkey’s calls for peace.

“The current atmosphere in the region prioritises peace and stability. There is a strong impetus driving us to pursue peace actively,” he said, highlighting the Turkish President’s crucial high-level call for peace.

“This appeal holds great significance, and I hope it resonates and receives a positive response,” he emphasised.

Previously, Turkish President Recep Tayyip Erdogan emphasised that there is no reason not to restore relations with Syria, stating, “Just as we previously collaborated in advancing our ties with Syria, we will proceed together similarly.”

After the outbreak of the Syrian civil war in March 2011, Turkey’s relations with Syria have become significantly strained. Ankara has aligned itself with several opposition groups against the Syrian government.

Since 2015, Turkey has launched several military operations in Syria, accusing the Syrian government of supporting the outlawed Kurdistan Workers’ Party, a Kurdish rebel group designated as a terrorist organisation by Turkey.

The Turkish leader on Saturday announced the imminent conclusion of Turkish forces’ operation against the Kurdish fighters in northern Iraq and Syria.

“In Syria, we will complete the missing links of the security belt along our southern border, based on Syria’s territorial integrity,” said Erdogan. AGENCIES

US-British coalition launches 2 airstrikes on Yemeni airport

The US-British naval coalition has waged two airstrikes on the Hodeidah airport in the Yemeni Red Sea port city of Hodeidah, the media reported.

Al-Masirah TV did not provide further details, but residents said the explosions were powerful.

The coalition has not commented on the claim, Xinhua news agency reported.

The airport has been shut off since the Houthi group seized control of the city in 2014.

Since last November, the Houthis began to launch anti-ship ballistic missiles and drones targeting what they said were Israeli-linked ships transiting the Red Sea to show solidarity with Palestinians in the Gaza Strip.

Houthi leader Abdulmalik al-Houthi said in a televised speech last week that his group had targeted “a total of 166 ships linked to Israel, US, and Britain”.

In response, the US-British naval coalition stationed in the waters has since January conducted air raids and missile strikes against Houthi targets to deter the group, but this only led to an expansion of Houthi attacks to include US and British commercial and military ships. AGENCIES

Voting starts in Rwanda presidential, parliamentary elections

Millions of Rwandan citizens cast their ballots Monday morning at more than 2,600 polling stations nationwide to elect their president and members of parliament.

Voting began at 7 a.m. local time and will conclude at 3 p.m. Approximately 9.5 million eligible voters are expected to exercise their civic duty, according to the National Election Commission (NEC), reports Xinhua news agency.

Rwandan voters arrived at their respective polling stations as early as 6 a.m., forming long queues before the official voting time of 7 a.m. Voters lined up calmly and in an orderly manner as polling staff oversaw the process to ensure a peaceful voting experience.

On Sunday, according to the NEC, Rwandans residing abroad cast their votes in 140 polling sites across 70 countries worldwide.

Three presidential candidates are vying for the presidency, incumbent President Paul Kagame of the ruling Rwanda Patriotic Front (RPF), Frank Habineza of the opposition Democratic Green Party of Rwanda, and Philippe Mpayimana, an independent candidate.

There are 589 candidates for the 80 seats in the Chamber of Deputies, the lower house of the bicameral national legislature of Rwanda, including representatives from political parties, special groups (youth, women, and people with disabilities), and one independent candidate, according to the NEC.

More than 100,000 Rwandans volunteered as polling staff, and over 1,100 local and foreign observers have been accredited for the elections, according to the NEC.

The foreign observers represent various regional and international organisations, including the African Union, European Union, East African Community (EAC), Commonwealth, International Conference on the Great Lakes Region (ICGLR), and Economic Community of Central African States (ECCAS). AGENCIES

Yemen’s Houthis claim attacks on Israeli ship, city

 Yemen’s armed Houthi group has claimed responsibility for missile and drone attacks against an Israeli ship in the Gulf of Aden and the Israeli city of Eilat.

“The armed forces targeted the Israeli ship, MSC UNIFIC, in the Gulf of Aden,” Houthi military spokesman Yahya Sarea said on Sunday in a televised statement aired by the Houthi-run al-Masirah TV.

The group also attacked “military targets” of the Israeli city of Eilat with drones, he added as reported by Xinhua news agency.

The spokesman reiterated that the group will continue attacking Israeli targets until the war on Gaza stops.

Meanwhile, the US Central Command said its forces had destroyed two drones and one unmanned boat in the Red Sea in the past 24 hours, according to a statement on social media platform X.

Earlier on Sunday, the Houthi television reported that the US-British naval coalition conducted two airstrikes against the Hodeidah airport in the Red Sea port city of Hodeidah.

Last November, the Houthis began to launch anti-ship ballistic missiles and drones targeting what they said were Israeli-linked ships transiting the Red Sea to show solidarity with Palestinians in the Gaza Strip.

Houthi leader Abdulmalik al-Houthi said in a televised speech last week that his group had targeted “a total of 166 ships linked to Israel, US, and Britain”.

In response, the US-British naval coalition stationed in the waters has since January conducted air raids and missile strikes against Houthi targets to deter the group, but this only led to an expansion of Houthi attacks to include US and British commercial and military ships. AGENCIES

22 Indian startups secure over $116 million in funding this week

 The funding momentum continued in the Indian startup ecosystem this week as 22 startups raised nearly $116.26 million, led by four growth-stage transactions.

Last week, the domestic startup ecosystem raised nearly $176 million in funding across 16 deals.

This week, four startups raised around $80 million in funding among the growth-stage deals.

Wealth management platform Dezerv raised $32 million in a funding round led by Premji Invest. The round also saw participation from existing investors Matrix Partners India (aka Z47), Accel and Elevation Capital.

Other startups which raised funds are e-commerce brand Goat Brand Labs ($21 million) and B2B e-commerce firm Infra.Market ($18 million).

Sixteen early-stage startups also secured funding worth $36.26 million.

Meanwhile, fintech company Partior announced the first close of over $60 million Series B round led by the venture capital and growth investing firm Peak XV Partners.

The round was also supported by Valor Capital Group and Jump Trading Group as new investors, and JP Morgan, Standard Chartered and Temasek as existing shareholders.

Last week, Maruti Suzuki India also announced it is expanding the accelerator programme to include global startups, as it aims to further support the government’s ‘Make in India’ and ‘Startup India’ initiatives.

Maruti Suzuki has so far screened over 2,000 startups over eight cohorts and engaged with 56 startups. AGENCIES

B’desh explores possibility of handling EXIM cargo via Kolkata

 A 13-member delegation from Bangladesh completed a four-day tour of the Syama Prasad Mookerjee Port (SMP) in Kolkata on Friday.

The delegation, led by S M Mostafa Kamal, Joint Secretary, Ministry of Shipping, Bangladesh, was here to explore the possibility of transhipment of EXIM cargo from and to their country through ports located along the eastern coast of India.

SMP Kolkata has already held successful trials for the movement of cargo – both containers and dry bulk – to Bangladesh and northeast of the country through the Indo-Bangladesh Protocol (IBP) route along the Ganga-Bhagirathi-Hugli and Brahmaputra Rivers.

“The delegation visited the ports of Haldia and Kolkata, in line with agreed minutes of the India-Bangladesh Shipping Secretaries Level Talks (SSLT) held in Dhaka in December 2023,” an official said.

He said that the delegation also met Rathendra Raman, Chairperson, SMP, Kolkata, and learnt of the present infrastructure at the Kolkata Dock System (KDS) and Haldia Dock Complex (HDC), to handle containerised cargo shipped from Bangladesh for third-country export.

“Plans for future infrastructural development of the port facilities were also highlighted,” a senior SMP Kolkata official said.

He said that the discussions were held on the various trade facility advantages which exporters from Bangladesh would enjoy if they chose to tranship cargo through SMP Kolkata.

“Not only are containers available easily, but the transit time is less when compared to other major ports along India’s eastern seaboard. Allocation of dedicated vessels to ply between Bangladesh and India and provision for onward and return cargo to and from SMP Kolkata for optimisation of operational cost were some of the points that were discussed,” the official said.

He added that the Bangladeshi delegation was briefed about the direct transit facility, planned vessel movement between to and from Chittagong and Yangon, the introduction of night navigation facilities, presence of extended allied service facilities at SMP Kolkata in terms of CFS, strong presence of leading shipping lines, integrated road and rail transportation network and established custom facilities.

“A cost comparative analysis was done to establish that shipment of export cargo from Chittagong to SMP Kolkata for shipment to other countries will be far more economical instead of shipment through trans-shipment ports like Colombo,” he said.

He said that the two-way plying of the vessels would further reduce the overall cost of transportation enabling a win-win trade proposition for both countries.

The IBP route covers nearly all ports of call in Bangladesh, including Mongla, Narayanganj, Ashugunj. It was discussed how barges carrying fly-ash from India to Bangladesh along the IBP route could return with loaded containers.

Joint Secretary Mostafa Kamal assured that meetings would be convened in Bangladesh with all stakeholders before a report is prepared and submitted to the country’s shipping ministry.

“The contents of the report will also be shared with India through diplomatic channels,” he said. AGENCIES

Centre fixes meeting with states to boost maritime, waterways transport

 The Ministry of Ports, Shipping, and Waterways will convene the State Maritime & Waterways Transport Committees’ meeting on Tuesday to hold discussions for the comprehensive development of maritime and waterways transport across India and expanding its reach to include the remaining states.

The meeting to be held via video conferencing will be chaired by T. K. Ramachandran, Secretary, Ministry of Ports, Shipping, and Waterways, according to an official statement issued on Saturday.

“The meeting will focus on the preparation of state-specific Maritime and Waterways Transport Master Plans, formulation of Maritime Sector Policies, Green Initiatives, Waterways Development, Cruise Tourism, Urban Water Transportation, and the Development of Lighthouses,” the statement added.

Recognising the need for a unified approach to manage and integrate the waterways transportation sector, the Ministry has established State Maritime & Waterways Transport Committees (SMWTCs) to coordinate various initiatives and schemes within each state.

These committees will be pivotal in consolidating efforts and providing focused leadership in the maritime and waterways sector. Each state committee is headed by the Chief Secretary or Additional Chief Secretary and includes representatives from major ports, maritime boards, state PWD, Inland Waterways, Department of Tourism, Department of Fisheries, Railways, NHAI and Customs.

Currently, SMWTCs have been constituted in 13 states, including Andhra Pradesh, Mizoram, Himachal Pradesh, Nagaland, Puducherry, Rajasthan, Bihar, Assam, Goa, Kerala, Uttar Pradesh, Maharashtra, and Lakshadweep, with plans to establish them in all 30 coastal and waterways states and UTs of India.

The agenda for the meeting includes reviewing the progress made by already constituted SMWTCs, discussing the issues faced by different states along with discussion on implementation of Sagarmala Programme, development of National Maritime Heritage Complex (NMHC) at Lothal, opportunities in Ro-Ro/Ro-Pax/Ferry/Urban Water Transportation, Sagarmala Shipbuilding Clusters, Harit Nauka (Green Transition) Scheme for Inland Waterways, Cargo Promotion Scheme, MoUs with States for Coastal and River Cruise Tourism and support for State Inland Waterway Transport.

Chief Secretaries and Additional Chief Secretaries, as Chairpersons of SMWTCs, will present progress in their states, SMWTC initiatives, state-specific issues, and required support from the Ministry, aiming to review progress, address issues, and foster collaborative solutions to enhance maritime and waterways transport in India. AGENCIES