$190 million ADB loan to Bangladesh for upgrading rural roads
The latest loan will further extend improvement of another 1,350 km of rural roads.
Finance
PM Shehbaz hopes IMF agreement will be approved on July 12
The executive board of the IMF will meet on July 12 to review the $3 billion Stand-by Arrangement for Pakistan,
Korean investors snap up Japanese stocks amid yen weakness
Data showed that Korean investors net purchased $132 million worth of Japanese stocks in the first six months of this year.
ADB approves $50 million loan for Nepal to strengthen customs, logistics sector
The programme aims at improving customs processes through the introduction of digital technologies, according to the bank.
Chinese mainland remains crucial for global IPO activities
Five out of the 10 largest IPOs in the first half of the year were Chinese companies.
China-North Korea border tourism boom raises concerns over funding weapons program
The South Korean government fears that increased tourists in the border areas is providing an opportunity for North Korea to earn foreign currency.
Bangladesh can be the next outsourcing destination: PwC
PwC Bangladesh, in its analysis of Bangladesh as an investment point, said the country is striving to enhance its exports on all fronts.
Foreign minister Momen urges US to import more medicines from Bangladesh
He said that in many countries, the production costs and the prices of medicine are very high, therefore they can have a comparative advantage.
Japan, US, Australia to lay undersea cable to support Pacific island nations
The three countries will pour a total of around $95 million dollars (¥13 billion yen) into the project.
Over 53 billion yuan of deals inked at cultural, tourism expo in Tibet
The expo is one of the most important events on Tibet's cultural calendar.