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February, 22, 2017

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The Asian Development Bank has imposed sanctions on 30 people and 31 firms for "integrity violations," following a 2013 fraud investigation into US$1 billion worth of projects it funded, the lender said.
 
Reforms slow in Bangladesh's toxic tanneries
Standing knee deep in toxic chemicals, Mokter Hossain loads animal hides into huge drums filled with still more dangerous liquids at a tannery in the Bangladesh capital.
 
Nepal Telecom (NT) has moved a step ahead in its quest to hitch up with a strategic partner, with its board approving plans to hire a consultant to write the bid documents.
 
China has fallen off the top of a list of Japan Inc.'s favored investment destinations for the first time in more than two decades because of higher labor costs and bilateral tensions, a survey said.
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