The International Monetary Fund (IMF) has urged Pakistan to freeze salaries of government employees and adhere to the fiscal consolidation path by showing a nominal primary deficit in the new budget, said Finance Ministry sources
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
Nepal’s biggest solar power plant
On the eve of World Environment Day on 5 June, the Nepal government utility inaugurated the first phase of its first 25MW solar array that will feed electricity directly into the national grid
World Bank approves $100m credit to reform Nepal’s electricity sector
The World Bank has approved a $100 million Development Policy Credit (DPC) to continue support to Nepal in improving the financial viability and governance of the electricity sector and recovering from the COVID-19 crisis
UNICEF supports Maldives' education system amid pandemic
The Maldives' Ministry of Education, on Tuesday, announced that the United Nations Children's Fund (UNICEF) would offer assistance in mitigating the impact of the COVID-19 pandemic on the Maldivian education system
Pakistan cabinet approves first mobile device manufacturing policy
Pakistan's federal cabinet on Tuesday approved the first-ever mobile device manufacturing policy, pursuant to a summary moved by the Ministry of Industries and Production
UNDP provides 10,000 surgical masks and 30 Infrared thermometers
The United Nations Development Programme (UNDP) in Sri Lanka has provided 10,000 surgical masks and 30 Infrared thermometers to Disaster Management Centre (DMC) to keep the communities safe during the southwest monsoon amidst the COVID-19 outbreak
Former PM urges Sri Lanka to enter into free trade deal with India
Former Sri Lankan Prime Minister Ranil Wickremesinghe has said Sri Lanka must enter into a free trade agreement with India, in a bid to mitigate the economic impact of the coronavirus
NASA picks three Indian firms to make low-cost COVID-19 ventilator
NASA has selected three Indian companies to make a low-cost ventilator tailored for COVID-19 patients. The three Indian companies are Alpha Design Technologies Pvt Ltd, Bharat Forge Ltd and Medha Servo Drives Pvt Ltd, the US space agency said in a statement on Friday
Gwadar port to boost Pakistan-Afghanistan trade: Envoy
Afghan Ambassador to Pakistan Atif Mashal said Islamabad's decision to allow Afghan traders to import goods via the Gwadar port in Balochistan province will boost bilateral trade and transit ties between the two countries
Pakistan offers technical expertise to develop agriculture in Eastern Province
High Commissioner of Pakistan to Sri Lanka, Major General (Retd) Muhammad Saad Khattak met with the Governor of Eastern Province, Mrs. Anuradha Yahampath, at her office in Trincomalee on May 28, 2020
IMF approves US$ 732 million for Bangladesh to address COVID-19 challenges
The International Monetary Fund (IMF) has approved US$ 732 million (BDT 6,222 crore) emergency assistance for Bangladesh to help the country address the challenges posed by COVID-19
New waterways linking Northeast India, Bangladesh to start in three months
New waterways between Tripura and Bangladesh would start within three months and it would boost trade and numerous economic activities, Tripura Chief Minister Biplab Kumar Deb said on Friday
Pakistan begins transit trade to Afghanistan via Gwadar port
Pakistan’s commerce ministry operationalised the Gwadar Port for Afghan transit trade on Friday, marking a first in sea trade between the two countries
Indian companies ready to invest in Sri Lanka
High Commissioner of India Gopal Baglay said noted Indian companies are ready to invest in the priority sectors identified by the Government of Sri Lanka
India's CCMB cultures coronavirus with potential for vaccine, drug development
India's CSIR-Centre for Cellular and Molecular Biology (CCMB) on Thursday announced that it has established a stable culture of coronavirus, which will enable the premier research centre to work towards vaccine development and testing potential drugs to fight COVID-19
