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January, 17, 2017

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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.
 
China to send Nepal 1,000 tonnes of petrol by Nov. 25
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.
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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.
 
Myanmar KFC fans line up for hours for 1st taste
Fried chicken aficionados lined up for hours at Myanmar's first KFC restaurant Tuesday, as the U.S. restaurant chain became the latest big foreign brand to open an outlet in the long-cloistered nation.
 
Bangladesh unbanked poor hail 'revolutionary' service
For Rehana Akhter, rebuilding her life after losing her leg in Bangladesh's worst industrial disaster is an uphill battle, but her struggle is eased slightly by digital technology.
 
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