Myanmar inaugurated a new stock exchange on Wednesday with plans for six companies to start trading in March.
Sales of generic drugs in Bangladesh will treble to 303 billion taka (US$3.87 billion) a year by 2024, thanks in part to the recent extension of the medicine patent waiver, which will make quality products more accessible.
Myanmar will open its first major stock exchange next week after months of delays, authorities said Tuesday, as the long-cloistered economy slowly opens up.
The World Bank has formally signed off a US$250 million grant to upgrade roads crossing Afghanistan's Hindu Kush mountains, crucial trade links that are often closed in winter by snow.
The mainland Chinese government has asked Nepal to take delivery of 1,000 tonnes of petrol it has pledged in grant by Nov. 25, the state-owned Nepal Oil Corporation (NOC) said on Sunday.2 Comments
Despite the slump in energy prices, oil and gas fields in Myanmar will soon be the busiest in Asia as foreign and local investors begin to ratchet up their explorations, a recent seminar was told.
Fitch, a leading global credit rating agency, forecast Bangladesh's gross domestic product would grow 6.5 percent in the current fiscal year against the Bangladesh government's target of 7 percent.
Mainland China and Japan are locked in an increasingly heated contest to build Indonesia's first high-speed railway, with the Asian giants sweetening deals and turning up the charm as time runs out to woo Jakarta.
The Asian Development Bank (ADB) has said it plans to finance three major power projects -- two hydropower plants and a new Nepal-India cross-border transmission line -- in the next few years.
The shipbuilding industry has sought an incentive package from the government to make the country's shipyards competitive against those of Vietnam, India and China.