Sri Lankan President Gotabaya Rajapaksa Thursday met with the EU ambassadors at the Presidential Secretariat for discussions centered on rebuilding the economy after passing the COVID-19 crisis
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
'CPEC Phase-II to provide more investment opportunities for foreign investors in Pakistan'
Chairman China-Pakistan Economic Corridor (CPEC) Authority. Lt General (retd) Asim Saleem Bajwa, has said Phase-II of the mega project will provide even more investment opportunities for foreign investors
Japan to award Rs. 1.36 Billion Grant Aid to Sri Lanka
Japan has given its consent to award Rs. 1.36 Billion to Sri Lanka as a non-project grant scheme for the supply of medical equipment required to combat COVID-19
'Maldives well-positioned to begin strong economic recovery': President Solih
President Ibrahim Mohamed Solih stated on Wednesday that Maldives is "well-positioned to begin a strong economic recovery" from the COVID-19 pandemic
Bangladesh economy expected to grow 7.5% in FY2021 after pandemic-induced slowdown: ADB
Bangladesh's gross domestic product is expected to grow by 4.5% in fiscal year 2020 and 7.5% in fiscal year 2021, according to an Asian Development Bank report
Bangladesh's icddr,b begins clinical trial of Ivermectin
International Centre for Diarrheal Disease Research, Bangladesh (icddr,b) yesterday started a clinical trial to evaluate the safety and efficacy of anti-parasitic medicine Ivermectin, the organisation stated in a press release
AIIB's $750 mn loan to India for corona response
The Asian Infrastructure Investment Bank (AIIB) has approved a $750 million loan to India to assist the Centre in its fight against the coronavirus pandemic and its impact on the poor
IIT Guwahati develops high quality, affordable COVID-19 kits
Indian Institute of Technology-Guwahati (IIT-G) on Wednesday announced that its researchers have created several affordable and high-quality COVID-19 kits during the crisis
Sri Lanka manufacturing and services sectors rebound in May 2020
According to the Sri Lanka Purchasing Managers’ Index (PMI) released by the Statistics Department of Central Bank, Manufacturing and Services sectors rebounded in May 2020 after plunging in April 2020 to the lowest levels since the beginning of the survey in 2015
India to finance construction of sanitation facility at Pashupati temple complex in Kathmandu
India has extended financial assistance of Rs 37.23 million for construction of a sanitation facility in Kathmandu's famous Pashupatinath temple complex
Pakistan's textile exports tumble
Pakistan’s textile and clothing exports tumbled for the third consecutive month in May falling 36.5 per cent year-on-year to $751.128 million compared to $1.185 billion in the corresponding month of last year, data released by the Pakistan Bureau of Statistics (PBS) showed on Tuesday
New UK Trade Commissioner for South Asia appointed
Alan Gemmell OBE has been appointed as the new UK Trade Commissioner for South Asia to bolster trade and investment relations with the UK’s economic partners in the region, including Sri Lanka
India’s HCL Technologies looks to hire 1,500 in Sri Lanka unit
India based HCL Technologies, an information technology (IT) service and engineering group which is entering Sri Lanka amid a global coroanvirus pandemic says it wants to recruit 1500 locals in the coming 18-months
EIB grants €20 mln loan to the Maldives
European Investment Bank (EIB) has agreed to provide a €20 million loan to the Maldives to help sustain SMEs operating in the tourism and industry sectors of the Maldives
Bangladesh made great strides in renewable energy
Bangladesh has made great strides in power generation in the last decade as about 95 percent of its population now have the access to electricity, thanks to the government's attention to renewable energy sources along with the conventional sources, says a global report
