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New India-Bangldesh waterway operational; enhances transit and connectivity

The first consignment of goods from Bangladesh arrived in Tripura by waterway on Saturday as part of a trial run for shipping of goods from other parts of India to the northeast region via Bangladesh formally making operational of new waterways between the two neighbours

Indo-Bangla river trade opens up huge opportunities

If you happen to be on the Padma or Meghna rivers for a cruise or are travelling to the country's southern part, you will in no way miss a sporadic presence of numerous slow-moving small and large vessels alongside their sudden blasts of horns

Sri Lanka Air Force, Indian Navy and Coast Guard join Sri Lanka Navy to control fire on oil tanker off Sri Lanka

The Sri Lanka Navy, Sri Lanka Air Force, Sri Lanka Ports Authority, the Indian Navy and the Indian Coast Guard are currently working together to control the fire that erupted in an oil tanker off Sri Lanka’s Eastern Coast on Thursday, the Navy said

Indian Coast Guard to assist Lankan Navy to douse oil tanker fire

The Indian Coast Guard on Thursday said it has diverted three of its ships and a Dornier aircraft to assist the Sri Lankan Navy to douse a fire on board an oil tanker 'MT NewDiamond'

More on Cooperation/Trade

Pakistan to allow Afghan exports but with new conditions

After three months Pakistan has opened its routes for Afghan goods which can be sold in Pakistan or be transferred on to India, but with some new restrictions, according to an official from the Ministry of Industry and Commerce

EU provides €39m to boost Afghanistan coronavirus response

As part of the EU’s global coronavirus response, an EU Humanitarian Air Bridge flight will depart on 15 June from Maastricht, Netherlands to Kabul, Afghanistan

Maldives economy expected to improve in 2021: World Bank

The World Bank has predicted that the Maldives economy will increase between 7.9 to 8.5 percent in the upcoming year

'Bangladesh’s stimulus package second-highest among peer countries'

Bangladesh's stimulus packages aimed at mitigating the impact of the coronavirus pandemic are one of the highest among a selective group of countries in Asia, according to a government paper

COVID-19 pushing millions of South Asians into poverty

Of the 176 million people expected to be pushed into poverty by the coronavirus crisis, two-thirds are in South Asia, warned a World Bank report released this week

Sri Lanka expedites US$191mn India-financed rail, power deals

Sri Lanka has cleared the way for 191 million dollars of India financed deals to go ahead while President Gotabaya Rajapaksa had also invited the neighboring country to invest in Colombo port, another long-delayed project

ITFC loan will make foreign currency flow more manageable: STO

Government company, State Trading Organization (STO) has stated that the USD loan issued to the company by the International Islamic Trade Finance Corporation (ITFC) will make the management of foreign currency in the Maldives amid the current economic downturn easier

Pakistan may see job losses of up to 18.5 mn due to Covid

Pakistan's latest Economic Survey has revealed that the country is bracing towards massive and widespread joblessness due to the lockdowns and restrictions, required to curb the spread of the deadly coronavirus

UNDP grants USD 1.4 mln for Maldives agricultural sector

UNDP has granted USD 1.4 million as an aid to develop and expand the agricultural sector of the Maldives

Unplanned housing societies are new disaster points in Bangladesh

Bangladesh has faced many a fire disaster where unplanned buildings have collapsed like in the case of the Nimtoli fire, Churihatta fire,  etc that caused huge loss of lives, writes  Dr. Mohammad Rezaul Karim for South Asia Monitor

India's forex reserves cross $500 bn mark

India's foreign exchange reserves rose by over $8.223 billion during the week ended June 5 to cross the $500 billion mark

India to provide Sri Lanka $100 million loan to implement solar power projects

India has agreed to provide a US$ 100 million loan facility to implement Solar power projects in Sri Lanka

WHO released $ 1.9 million for COVID-19 operations

Sri Lanka's Minister of Health and Indigenous Medicine Pavithra Wanniarachchi yesterday said the statement made by the former Prime Minister Ranil Wickremesinghe to the television and newspapers that the World Health Organization (WHO)has given the Ministry of Health $ 230 million for COVID-19 operations is totally false

USD 50 mn project launched to curb marine plastic pollution in South Asia

Three organizations including the World Bank have launched a 50 million US dollar project to assist South Asian nations in curbing marine plastic pollution

Corona Mall in Varanasi a one-stop shop for Covid prevention

Wishing that face masks, sanitizers, hand wash or any other corona-related items were available under one roof! Head for Corona Mall in Varanasi, the parliamentary constituency of Prime Minister Narendra Modi, in Uttar Pradesh state. This unique Corona Mall, in Sigra area of Varanasi, has all the items to guard against COVID-19