Xinhua Asia-Pacific news summary at 1600 GMT, Aug. 15

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TOKYO -- Japanese Prime Minister Fumio Kishida sent a ritual offering to the controversial Yasukuni shrine on Monday, the 77th anniversary of Japan's surrender in World War II.

Kishida sent the offering to the shrine, a symbol of Japan's past militarism, in his capacity as leader of the ruling Liberal Democratic Party (LDP). (Japan-Shrine Visit)

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DHAKA -- The Bangladesh Economic Zones Authority (BEZA) and the China Road and Bridge Corporation (CRBC) have signed a memorandum of understanding (MoU) for the development of Chinese Economic and Industrial Zone in southeastern Bangladesh.

Under the MoU signed last Thursday, the Chinese company will develop the economic and industrial zone dedicated to Chinese investors at Anowara on the outskirts of Bangladesh's seaport city Chattogram, some 242 km southeast of the capital Dhaka. (Bangladesh-China-Economic Zone)

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MUMBAI -- India's state-run lender the State Bank of India (SBI) has raised its lending rate by 20 basis points across tenures on Monday.

The bank has increased its one-year marginal cost of funds-based lending rate (MCLR), which is considered a benchmark from a retail lending perspective, to 7.7 percent from 7.5 percent, according to an update on its website. (India-Lending Rate-Raise)

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SEOUL -- South Korea on Monday expressed regret over Japanese Prime Minister Fumio Kishida sending a ritual offering to the notorious war-linked Yasukuni Shrine, seen as a symbol of the militaristic and colonial past of Japan.

The South Korean foreign ministry said in a statement that it expresses deep disappointment and regret over the fact that leaders of Japan once again sent offerings to and paid respect at the Yasukuni Shrine, which glorifies Japan's war of aggression and enshrines war criminals. (South Korea-Japan-Shrine Visit) Enditem

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