A number of documents have been signed between Russian state nuclear corporation Rosatom and the government of Bangladesh that will enhance existing bilateral cooperation in the use of atomic energy f…
Investment
Nepal government sets roadmap to improve investment climate reforms
Nepal was ranked 94 out of 190 economies on the Doing Business 2020 ranking marking a significant shift for the country into the top 100 economies on the ease of doing business. As a part of the gover…
Myanmar Launches Online “Project Bank” for Development Projects
The Myanmar government has launched a centralized, publicly-accessible online platform to provide information on major investment projects that fall under the country’s sustainable development plan. T…
Malaysia revamps auto policy with third national car in mind
Malaysia unveiled on Friday a much-delayed automotive policy, hoping to stay ahead of Thailand and Indonesia by shifting the focus from energy-efficient cars to next-generation vehicles production for…
ADB registered record disbursement for Nepal in 2019
The Asian Development Bank (ADB) has said it achieved a record disbursement of $323.7 million for various development projects in Nepal in 2019. Some of the projects contributing to last year’s record…
ADB, European Union, and ASEAN Countries Partner to Boost Green Infrastructure
The European Union (EU) announced today it is preparing to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF) with €50 million ($54.9 million) to help …
Saudi Arabia reportedly set to invest $30bn in Bangladesh
Some of Saudi Arabia’s top companies are looking to invest around $30 billion in a number of Bangladesh’s business sectors, according to Bangladeshi officials. On the first day of a two-day Joint Econ…
AIIB to Invest in Emergency Public Health Infrastructure in China
The Asian Infrastructure Investment Bank (AIIB) announced today it has been in active discussions with the Government of China to strengthen the country’s emergency public health infrastructure. Subje…
Growth Of Solar Energy Isn’t In Line With Needs For Ambitious Energy Transition
The EU’s photovoltaics (PV) installation rate has to increase drastically if we want to meet set renewable energy targets, according to the latest PV Status report by the European Commission Joint Res…
Coronavirus could delay major Chinese projects in Bangladesh and other countries
With hundreds of Chinese engineers and workers stuck at home in China amid the worsening coronavirus outbreak, project officials in Bangladesh have said major infrastructure schemes being carried out …