With the Nepalu Cabinet recently endorsing a government proposal to declare 2012 and 2013 as investment year, the government is planning to host an investors' meet next fiscal year.

Bangladesh on Saturday asked the World Bank to prove its claim of corruption over a major bridge project, after the institution suspended US$1.6 billion dollar funding over graft allegations.

Just hours after U.S. Secretary of State Hillary Clinton left Myanmar last week, property prices began to soar.

Myanmar banks opened automated teller machines (ATMs) for the first time this month, another sign that changes are afoot in the once-pariah state, media reports said Sunday.

The World Bank said Monday that it had put on hold a US$1.2 billion loan for a huge bridge in Bangladesh amid allegations of corruption in the bidding process.

Sri Lankan President Mahinda Rajapakse announced on Sunday that natural gas deposits had been found for the first time during exploratory drilling off the island's coast.

The Bangladeshi government will have to more than double the amount of allocation for subsidy in the current fiscal year if the prices of the government-controlled products are not increased, a finance division estimate said.

The Asian Development Bank (ADB) on Monday dismissed accusations that one of its consultants asked Phnom Penh to act against groups monitoring one of its infrastructure development projects.

The Sri Lanka Tourism Development Authority is positive about the China Aviation Technology Import-Export Corporation's (CATIC) five-star hotel project which is expected to be launch by the end of this year, despite the allegations levelled against it by UNP MP Dr. Harsha De Silva.

Bhutan and Singapore will establish an air services agreement (ASA) next week, according to Bhutan's Department of Civil Aviation (DCA).