US Vice President Mike Pence, right, shakes hands with Myanmar State Counsellor Aung San Suu Kyi during a bilateral meeting on the sidelines of the 33rd Association of Southeast Asian Nations (ASEAN) summit in Singapore. AFP.
US Vice President Mike Pence, right, shakes hands with Myanmar State Counsellor Aung San Suu Kyi during a bilateral meeting on the sidelines of the 33rd Association of Southeast Asian Nations (ASEAN) Show more

All eyes on Rohingya as ASEAN summit nears a close



As world leaders from South Asia gather for the final day of the 33rd Association of Southeast Asian Nations (ASEAN) summit in Singapore on Thursday, Myanmar and Bangladesh are slated to commence repatriation of Rohingya refugees, in a controversial move that raises concerns over the safety and security of returnees.

Over half a million Rohingya-  a Muslim minority group in predominantly Buddhist Myanmar-poured into Bangladesh in 2016 and 2017, fleeing brutal scorched-earth campaigns waged by the Myanmar military in the wake of attacks by Rohingya insurgents. Hundreds of villages were razed.

Repatriations efforts are expected to begin on Thursday but the move has been widely decried by rights groups, INGOs and the UN as premature and dangerous, and contrary to the principle of a ‘safe, voluntary and dignified’ return.  Under international law governing the treatment of refugees, returns must be voluntary, safe and dignified.

A senior US administration official told The National on Wednesday that Washington does not want to speculate as to whether such reparations would constitute refoulment. The US, however, is “anxious” to see a safe return, he said.

Myanmar is preparing to receive 2260 Rohingya refugees, who are among 8032, 2260 people eligible for return according to a list drafted by Bangladesh.

Myanmar has said that not all the names on the Bangladesh list are eligible for repatriation. The government says it has only been able to verify around 6,000.

Myanmar’s Ministry of Information has indicated they plan to process around 150 people per day, placing them in temporary housing near the border with Bangladesh.

Sources say that for many Rohingya whose names appeared on the initial list, the prospect of returning at this point — with no guarantees of security and scant details on how the process will be conducted — has sent them into hiding amidst the sprawling tent cities that have cropped up along the border.

A visible increase in the presence of Bangladeshi security forces was reported at the teeming camps inside Bangladesh on Wednesday, prompting fears that potential returnees may face pressure to leave.

The plight of the Rohingya- a beleaguered stateless minority- grabbed the spotlight at this year’s ASEAN summit, after a UN Fact Finding Mission said that Myanmar security forces should be tried in International Criminal Court on charges of genocide, crimes against humanity and war crimes.

A unified regional call for justice and accountability may well prove elusive, with the ASEAN chair’s leaked draft speech indicating the bloc would endorse Myanmar’s internally appointed investigation commission.

In a brief meeting between US Vice President Mike Pence and State Counsellor Aung San Suu Kyi on the sidelines of the summit on Wednesday, Pence said the “violence and persecution by military and vigilantes” that resulted in the exodus of 700,000 Rohingya to Bangladesh was “without excuse.”

Pence asked a question about progress on accountability for atrocities, as well as the preparations for repatriation.

Aung San Suu Kyi’s responded to the harsh rebuke by saying that people must “learn to understand each other better.”

“We can say that we understand our country better than any other country does.  And I'm sure you will say the same of yours, that you understand your own country better than anybody else does,” she said. “We welcome all friends to help us and support us in everything that we are doing to make our country a safer and more prosperous place for everybody concerned.”

Former MP for the military-backed Union Solidarity Development Party U Shwe Maung, a Rohingya who now lives in exile, told The National that he feels as though history is repeating itself, referring to two previous waves of mass displacement.

“This so-called repatriation is not genuine. [Myanmar is] still clearly denying fundamental rights of Rohingyas,” he said. “We learned lessons from 1978 and 1994 repatriations. I think this is to puncture international pressure and detour the UN’s path to finding a sustainable solution for Rohingyas.”

The UNHCR this week issued a statement saying it would not condone or support a protracted internment in northern Rakhine, a poor and densely populated state in Myanmar that contains the highest concentration of Rohingya in the country.

Elsewhere in Rakhine State, over 100,000 Rohingya remain interned in camps, six years after a wave of violence led to their mass displacement. Tens of thousands more are confined to their villages.

“As it stands, returning Rohingya to Rakhine State means returning them to a situation where their rights will be routinely violated,” says Laura Haigh, Myanmar researcher for Amnesty International.

“Movement restrictions mean they can't travel freely, and as a result [they] struggle to access schools, hospitals and markets. What’s more, the security forces responsible for atrocities have yet to be held to account. Returns, in this context, would not be safe, dignified or sustainable,” she said.

One civil servant in northern Rakhine State told The National on condition of anonymity that Myanmar is facing dual pressure- to commence repatriations but also to ensure that returns aren’t premature.

Small-scale demonstrations have taken place in northern Rakhine State in protest against the prospect of a mass return. State media reported that informal discussions were held with recognised ethnic minorities about the repatriation process.

For Maung Soe, a Rohingya inside northern Rakhine State, for whom fleeing was not a viable option, conditions remain dire.

“Hunger, no healthcare, innocents [being arrested], extortion, no free movement, no access to work, to go anywhere, no education ... no justice,” he said, summing up the situation faced by villagers in the locked-down northwest.

For John Quinley, a researcher with Fortify Rights on the ground in Cox’s Bazaar on Wednesday, the situation was clear: “Repatriation at this time is refoulement.”

The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Results

Ashraf Ghani 50.64 per cent

Abdullah Abdullah 39.52 per cent

Gulbuddin Hekmatyar 3.85 per cent

Rahmatullah Nabil 1.8 per cent

Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Ovasave%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20November%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Majd%20Abu%20Zant%20and%20Torkia%20Mahloul%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Healthtech%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%20Three%20employees%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-seed%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20%24400%2C000%3C%2Fp%3E%0A
TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

'Morbius'

Director: Daniel Espinosa 

Stars: Jared Leto, Matt Smith, Adria Arjona

Rating: 2/5

Teenage%20Mutant%20Ninja%20Turtles%3A%20Shredder's%20Revenge
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ETribute%20Games%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Dotemu%3Cbr%3E%3Cstrong%3EConsoles%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20One%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
I Care A Lot

Directed by: J Blakeson

Starring: Rosamund Pike, Peter Dinklage

3/5 stars

MATCH INFO

Liverpool 0

Stoke City 0

Man of the Match: Erik Pieters (Stoke)

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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

Company%20Profile
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THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

FROM%20THE%20ASHES
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Naga
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EMeshal%20Al%20Jaser%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3EAdwa%20Bader%2C%20Yazeed%20Almajyul%2C%20Khalid%20Bin%20Shaddad%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

In numbers

- Number of children under five will fall from 681 million in 2017 to 401m in 2100

- Over-80s will rise from 141m in 2017 to 866m in 2100

- Nigeria will become the world’s second most populous country with 791m by 2100, behind India

- China will fall dramatically from a peak of 2.4 billion in 2024 to 732 million by 2100

- an average of 2.1 children per woman is required to sustain population growth

THE BIO

Favourite holiday destination: Whenever I have any free time I always go back to see my family in Caltra, Galway, it’s the only place I can properly relax.

Favourite film: The Way, starring Martin Sheen. It’s about the Camino de Santiago walk from France to Spain.

Personal motto: If something’s meant for you it won’t pass you by.

Company%20Profile
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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
The Year Earth Changed

Directed by:Tom Beard

Narrated by: Sir David Attenborough

Stars: 4

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SPECS
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UAE currency: the story behind the money in your pockets
What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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SANCTIONED
  • Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
  • Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB. 
  • Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.  
  • Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
  • Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.
Company%20Profile
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The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

COMPANY%20PROFILE
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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5