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

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

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

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

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

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

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

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

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

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

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

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

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

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

Asian Infrastructure Investment Bank (AIIB), on Wednesday, announced the bank’s Board of Directors, has approved a loan of USD 7.3 million to Maldives, to support the country’s health response to the coronavirus pandemic