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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

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

Pakistan to allow Afghan exports but with new conditions

After three months Pakistan has opened its routes for Afghan goods which can be sold in Pakistan or be transferred on to India, but with some new restrictions, according to an official from the Ministry of Industry and Commerce