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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

'India-Bangladesh Border Haats to boost economy, people's ties'

Border Haats along the India-Bangladesh frontier must restart soon while maintaining necessary precautions against COVID-19, including social distancing, as these markets boost the economy, fortify ties among the people of the two neighbouring nations, and also check illegal trades, experts and economists said

Banks in Bangladesh have the lowest capital base in South Asia

The capital base of Bangladesh's banking sector is much weaker than in peer countries -- a situation that not only highlights its frailty but also the heightened vulnerability amid the coronavirus pandemic

Neighbours can do power trading on Indian power exchanges soon

Indian power exchanges may soon host buyers and sellers from neighbouring countries as India looks to operationalise cross-border sale and purchase of electricity for which regulations were finalised last year

India-Bangladesh border trade hit by protests

Five port users' organisations in Bangladesh have suspended import of Indian goods through Benapole land port on the border for the third day on Friday, protesting India's refusal to accept Bangladeshi-exported goods

India’s Mahindra and Mahindra backing helps Sri Lanka’s Ideal Finance rating

Fitch Ratings said it was confirming a ‘BB-(lka)’ rating of Sri Lanka’s Ideal Finance Limited, with a Rating Watch Positive after India’s Mahindra & Mahindra Financial Services Limited (MMFSL) injected captial amid a fallout from a coronavirus pandemic

Sri Lanka receives US$ 252 million foreign assistance for COVID-19 response

Prime Minister Mahinda Rajapaksa has informed the Cabinet of Ministers that foreign countries and organizations have provided US$ 252 million (Rs. 70 billion) in loans, grants and materials as the initial assistance to respond to the COVID-19 epidemic

Bangladesh exporters block India imports at Benapole port in tit-for-tat move

Bangladeshi exporters have blocked imports from India through Benapole Land Port in Jashore in a tit-for-tat move following the decision from the other side to continue a halt on imports from Bangladesh

World Bank’s purse strings always open for Bangladesh

The World Bank has been an ever-reassuring presence in Bangladesh's growth narrative, and the multilateral lender will continue to play that role, said its country director

BHUTAN-1 orbiting the Earth for two years

At about 330 kilometres above the earth’s surface, Bhutan’s first satellite BHUTAN-1 is orbiting the earth. Last Friday, on June 29, it was the second anniversary of launching the satellite to the International Space Station (ISS), located at about 400 km altitude above the earth’s surface

Ugen Tsechup Dorji appointed SAARC CCI VP

Eight national federations of SAARC Chamber of Commerce and Industry (SAARC CCI) appointed Ugen Tsechup Dorji as its Senior Vice President on June 30

Chashma-4 makes new record of running round the year

One of Chashma Nuclear Power Plants has made a new record in Pakistan’s history for running full-year continuously. thus becoming the first electricity generation plant to achieve this desired objective

Indian pharma firm Dr Reddy's ties up with Fujifilm, GRA for potential Covid drug

Pharma major Dr Reddy's Laboratories Ltd on Wednesday announced that it has partnered with Fujifilm Corporation, through Fujifilm Toyama Chemical Co Ltd, and Global Response Aid (GRA) for the development, manufacture and sales of Avigan tablets (generic name favipiravir), a potential treatment for COVID-19

Sri Lanka’s Hambantota port development joined by Fujian, China firm

China’s CMPorts said a Fujian-based logistics group will take an indirect stake to join the development of Hambantota port, in a move that will bring in new industries from the province to Sri Lanka and reduce its debt

ADB approves $3 million grant to support Nepal in fight against COVID-19

The Asian Development Bank has approved a $3 million grant from its Asia Pacific Disaster Response Fund to further support Nepal in its fight against the COVID-19 pandemic

IFC investing up to USD 50M in BML to support Maldives' tourism

International Finance Corporation (IFC), a member of the World Bank Group, has approved investments of up to USD 50 million in Bank of Maldives (BML), which will be utilized to provide financing for private sector companies and small and medium sized businesses in the tourism sector, to help preserve jobs and combat the negative shocks of the coronavirus pandemic on the Maldivian economy