Maldives to expand MIFCO facilities via Indian credit line

The Indian High Commission in Maldives, on Tuesday announced the expansion of Maldives Industrial Fisheries Company (MIFCO) facilities, a project funded by the USD 800 million credit line extended by India to the Maldives

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Bhutan King lauds Assam CM for support during lockdown

Bhutan's King Jigme Khesar has highly appreciated the Assam government in northeastern India for allowing movement of vehicles carrying essential commodities to the neighbouring country amid the lockdown and ensuring the wellbeing of the people

ADB signs $200 million deal with Reliance Bangladesh for 718MW power plant

Asian Development Bank (ADB) has signed a $200 million financing package with Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718MW gas-fired power plant in Bangladesh

Guarding Bhutan's porous border with India

In Umling, Gelephu, an irrigation channel separates officials from Royal Manas National Park (RMNP) in Bhutan on COVID-19 duty from nearby Indian settlements in the state of Assam

Maldives VP checks on locals admitted to Kochi hospital

Maldivian Vice President Faisal Naseem, on Thursday, made an official phone call to Director of International Patient Relations at Amrita Hospital, Kochi, inquiring on the condition of Maldivian patients seeking treatment at the hospital

Indian High Commissioner hands over two buses to Bangladesh school

Indian High Commissioner to Bangladesh, Riva Ganguly Das, has handed over two school buses to the Nalanda Uchcha Vidyalaya, a school run by Chhayanaut, in a virtual ceremony

Sri Lanka para-taxes Maldive fish at Rs102, turmeric imports at Rs360 kg

Sri Lanka will tax Maldives fish imports at 102 rupees a kilogram, turmeric not ground at 102 rupees and others at 360 rupees a kilogram under a special commodity levy, a para tax

Airports Authority of India reportedly out of a joint venture to develop Mattala airport : Report

Airports Authority of India is reported to have been frozen out of a joint venture with the Sri Lankan government to develop the new Mattala airport

Sri Lanka Central Bank signs US$ 400 million Currency Swap Agreement with Reserve Bank of India

The Central Bank of Sri Lanka (CBSL) and the Reserve Bank of India (RBI) have entered into a currency swap agreement on 24th July 2020 under the Framework on Currency Swap Arrangement for South Asian Association for Regional Cooperation (SAARC) countries for 2019 - 2022

India sends 10 diesel locomotives to Bangladesh

Indian External Affairs Minister S. Jaishankar and Railway Minister Piyush Goyal on Monday flagged off 10 broad gauge diesel locomotives to Bangladesh Railways under its "neighbourhood first" policy

Boost for cross-border Bangladesh-India trade

Bangladesh and India formally started operating commercial container trains yesterday more than two years after the trial run of the service, aiming to boost cross-border trade and business

Bangladesh Railway to receive 10 locomotives from India

Bangladesh Railway (BR) will receive 10 locomotives from India on Monday to overcome its locomotive crisis

India approves US$ 400 million currency swap facility to Sri Lanka

India has approved the US$ 400 million bilateral currency swap arrangement Sri Lanka sought to meet short-term international liquidity requirements following the economic crisis resulted from COVID-19

Sri Lanka debt moratorium discussed by India Exim Bank, finance ministries

India's finance ministry and Export-Import Bank officials have held online talks with Sri Lanka’s finance ministry on structuring a debt moratorium for the country, the Indian High Commission in Colombo said

Maldives to acquire Dornier aircraft from India

The government announced that attempts were underway to acquire a Dornier aircraft, as per an agreement signed between the government of India and Maldives during former President Abdulla Yameen Abdul Gayoom's administration

India imposes restrictions on public bidding from land neighbours

The Indian government on Thursday imposed restrictions on bidders, from countries that share a land border with India, in public procurements, services, or other works, on grounds of national security

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