The World Bank (WB) on Tuesday announced that it has approved another $500 million loan to Pakistan for the country’s budget support following its increased expenditures on COVID-19 crisis response

India is considering Sri Lanka’s request for a debt moratorium, according to a report filed by Indian newspaper The Hindu

Canada is extending support to strengthen the capacities of the cooperative sector and Micro, Small and Medium Enterprises (MSME) in Sri Lanka impacted by COVID-19, the High Commissioner of Canada to Sri Lanka David McKinnon said

The government and the Kholongchhu Hydro Energy Limited (KHEL) signed the first joint venture (JV) hydropower project between Bhutan and India in Thimphu yesterday, six years after the foundation stone was laid

ECONOMYNEXT – Discussions still ongoing with Sri Lanka over a request 400 million US dollar swap line for the central bank and debt relief, India’s High Commission in Colombo said

Maldives Ministry of Foreign Affairs has announced that 28 Maldivians had departed to neighbouring India to undergo advanced medical treatment

In India, 17 per cent of the 283 GW coal fleet is set to become uncompetitive in 2020, rising to 50 percent in 2022 and 85 percent in 2025, international researchers said on Tuesday

Leading Indian vaccine maker Bharat Biotech has announced it has successfully developed Covaxin, India's first vaccine candidate for COVID-19, in collaboration with the Indian Council of Medical Research (ICMR) and National Institute of Virology (NIV) and will begin its human trials next month

United States Secretary of State Michael R. Pompeo  spoke to Sri Lanka’s Foreign Relations Minister Dinesh Gunawardena to reaffirm the US partnership with the people of Sri Lanka and its commitment to supporting the country’s development and sovereignty, a spokesperson said

Bangladesh wants more raw materials from India to increase production for both countries during the coronavirus pandemic

The World Bank has signed agreements for $250 million to promote private sector role in developing affordable housing in Tamil Nadu in southern India

The International Development Association (IDA) of the World Bank Group has decided to further increase the financial support agreed to provide to the Government of Sri Lanka for the COVID-19 emergency response, the Minister of Higher Education, Technology, Innovation and Information and Mass Media, Dr. Bandula Gunawardena said

The Bangladesh government has put the last nail on the coffin of the country's state-run jute industry by closing all the 22 jute mills and laying off 24,886 workers

Bhutan's hotel industry that has seen an explosion in recent years and directly dependent on tourism will be in for shake-up with the Tourism Council of Bhutan relooking at the tourism policy

Nepal and China have agreed to resume one-way traffic to Nepal through the Rasuwagadhi border point after a closure of five months, as much construction material necessary for hydropower and airport projects have been stuck at the northern border