Xinhua’s 1600 GMT News Summary: Asia-Pacific Updates on March 26
Foreign Nationals Including Chinese Killed in Terrorist Attack in Pakistan’s Khyber Pakhtunkhwa Province
In a tragic incident, five Chinese nationals and one Pakistani were killed in a terrorist attack in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province. The Chinese Embassy in Pakistan has confirmed the attack. The incident took place at around 1:00 p.m. local time when terrorists attacked a vehicle from the Dasu Hydropower Project, which is being constructed by a Chinese company in the province.
The attack has raised serious concerns over the security situation in Pakistan and the safety of foreign nationals working on development projects in the country. This unfortunate incident highlights the need for the government of Pakistan to take immediate and effective measures to ensure the safety and security of all workers and foreigners in the country.
Thailand’s Auto Production Declines Due to Domestic Market and Imported Electric Vehicles
Thailand’s auto production has shrunk in February, marking a continued decline in manufacturing for the local market. According to data from the Federation of Thai Industries (FTI), Thai auto manufacturers produced 133,690 vehicles last month, which is a 19.28 percent decrease compared to the same period last year. The decline in production is mainly attributed to a significant drop in pickup truck and internal combustion engine passenger car output.
This decline in auto production is a matter of concern for the industry and the country’s economy. It calls for measures to boost domestic demand and promote the production of electric vehicles to keep up with global trends.
Sri Lanka Reduces Interest Rates to Boost Economy
In an effort to stimulate economic growth, Sri Lanka’s central bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 50 basis points. The SDFR is now set at 8.50 percent, and the SLFR at 9.50 percent.
This move by the central bank aims to maintain inflation at the targeted level of 5 percent over the medium term while enabling the economy to reach its full potential. The reduction in interest rates is expected to encourage borrowing, investment, and overall economic activity in the country.
Japanese Drugmaker Investigating the Death of a Consumer
Japanese drugmaker Kobayashi Pharmaceutical is investigating the death of a consumer who had taken their supplement product containing “beni-koji,” or red yeast rice. The deceased, who suffered kidney damage, is believed to have consumed the supplement product for approximately three years.
The company is currently investigating the link between their product and the reported fatality. In the meantime, they are urging consumers to stop using the affected products until further information is available. This incident underscores the importance of thorough research and regulation in the supplement industry to ensure consumer safety.
Laos and Cambodia Strengthen Comprehensive Strategic Partnership
Laos and Cambodia have pledged to further enhance their comprehensive strategic partnership. Cambodian Prime Minister Hun Manet is on an official visit to Laos to strengthen the friendly relations, traditional solidarity, and cooperation between the neighboring countries.
This visit highlights the commitment of both nations to deepen their bilateral ties and explore new avenues of cooperation. It is hoped that this visit will foster greater regional stability and contribute to the overall development and prosperity of both Laos and Cambodia.
Source: [China.org.cn](http://www.china.org.cn)