More on REGION

Remittances, foreign reserves hit record highs

Bangladesh's foreign currency reserve and inward remittances have hit new highs amid the coronavirus pandemic. For the first time in the country's history, the foreign currency reserve touched 34.23 billion USD, said a press release from the finance ministry

BIMSTEC leaders pledge to collectively combat COVID-19 impact

Member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation or BIMSTEC have resolved to further strengthen cooperation to combat the impact of COVID-19 pandemic together

US development bank makes massive investment in Indian firms

America's largest development bank has approved millions of dollars of investment that will strengthen food security and energy sector in India to fight the economic fallout of the coronavirus pandemic

Sri Lanka mulling reclamation of Trincomalee oil tanks from India

The Sri Lankan government is mulling moves to reclaim oil tanks at the Trincomalee oil farm which is under the Indian Oil Corporation, officials said

Pakistan, India working to fight locusts amid border tensions

Despite high running tensions between Pakistan and India over held Kashmir, the Pakistan Foreign Office on Thursday said the two were cooperating with each other to fight desert locust invasion under a forum administered by the Food and Agriculture Organisation (FAO), Dawn reported

Bangladesh economy to look up from October: IMF

There appears to be glimmer of light at the end of the tunnel after the International Monetary Fund (IMF) projected that the Bangladesh economy would pick up from the second quarter of next fiscal year from the coronavirus-induced downturn

IMF urges Pakistan to freeze goernment salaries

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

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

Indian American praised for providing refuge to protesters during curfew

An Indian American businessman has been praised for protecting about 70 people from arrest for violating curfew in Washington during protests against police brutality

Pakistan rejects India's charges regarding UN report

Islamabad rejected on Thursday India’s claims regarding the Taliban and Pakistan, dubbing them malicious and slanderous

Pakistani bid to push terrorists into India?

Taking advantage of the India-China border standoff on Line of Actual Control (LAC), the Inter-Services Intelligence (ISI) of Pakistan is pushing militant cadres along the Line of Control (LOC) in Jammu & Kashmir, in a bid to infiltrate hundreds of trained terrorists into Indian territory, IANS reported

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

MoU between India and Bhutan on environmental cooperation

India's Union cabinet, chaired by Prime Minister Narendra Modi,  on Wednesday gave its approval for signing the Memorandum of Understanding (MoU) with the Royal Government of Bhutan on cooperation in the areas of the environment

Nepal opens 20 crossing points along Nepal-India border to ease entry of its citizens

Nepalis in India willing to return home will now be allowed entry to the country via twenty entry points along Nepal-India border

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