Toshiba and Toshiba Plant Systems & Services will supply steam turbines.
Economy

Japan consortium to build power station, port in Bangladesh

$4.5bn cost to be covered by JICA's largest-ever yen loan

30 July 2017
A trader observes the day's stock performance at the Pakistan Stock Exchange.
Economy

Pakistan's Sharif probe keeps investors wary ahead of verdict

Prolonged market slump expected amid political uncertainty

28 July 2017
A machine operator stitches apparel at a factory in Sri Lanka owned by the Hirdaramani Group. (Courtesy of Hirdaramani Group)
Economy

EU boost not enough to revive Sri Lanka garment industry

Sector has fallen well behind rivals such as Bangladesh

24 July 2017
Customers at the Panthapath, Dhaka, outlet of Shwapno, a chain superstore owned by leading conglomerate ACI Group. (Photo by A.Z.M Anas)
Economy

Bangladesh tax reform stalls amid tough opposition

Unlike India, Dhaka fails to implement major changes, putting pressure on finances

21 July 2017
Cinnamon peeler Pesthathanthri Sumathipala scraping the outer bark of a cinnamon branch. (Photo by Marwaan Macan-Markar)
Politics

Labor shortage hits Sri Lanka's cinnamon industry

Dearth of peelers leaves world's leading exporter with harvest shortfalls

21 June 2017
Asian Infrastructure Investment Bank President Jin Liqun says membership could grow to 85 or 90 within the year.
Economy

AIIB future rests on shedding Beijing influence

Bank to hold 2nd annual meeting in South Korea

15 June 2017
The port of Gwadar in Pakistan is one of several infrastructure projects benefiting form investment as part of China's Belt and Road Initiative.
Economy

Belt and Road's potential real estate boost

Construction companies stand to win big by signing up now

15 June 2017
Shahriar Alam, Bangladesh's state minister for foreign affairs, speaks during an interview on June 6. (Photo by Mayasuki Kozono)
Economy

Bangladesh's Alam: Japanese investment can feed 'new Asian Tiger'

Foreign minister assures investors of Dhaka's progress against terrorism

15 June 2017
Indian Prime Minister Narendra Modi, far left, and his Pakistani counterpart Nawaz Sarif, far right, pose with other leaders at the Shanghai Cooperation Organization summit in Astana on June 9. (Pool)
Economy

The SCO welcomes rivals into its fold

Membership for India and Pakistan raises bloc's profile, but may invite friction

15 June 2017
Indian Prime Minister Narendra Modi, far left, and his Pakistani counterpart Nawaz Sarif, far right, pose with other leaders at the Shanghai Cooperation Organization summit in Astana on June 9. (Pool)
Economy

The SCO welcomes rivals into its fold

Membership for India and Pakistan raises bloc's profile, but may invite friction

14 June 2017
China's Anbang Insurance Group snapped up an estimated $6 billion in overseas assets in 2016.
Economy

China surges to world's No. 2 overseas investor

$183bn spending spree in 2016, up 44%, puts country behind only US, says UN

8 June 2017
Shahriar Alam, Bangladesh State Minister for Foreign Affairs, speaks during an interview on June 6.
Economy

Bangladesh confident of becoming 'new Asian Tiger'

Official says Japanese investment is vital, security is being strengthened

6 June 2017
Jeffrey Immelt, chairman and CEO of General Electric, speaks at the Boston College Chief Executives Club on March 24, 2016.
Economy

GE, McDonald's show how to make money, not enemies

How to overcome anti-globalization and spread the profits around

29 May 2017
Stream article image
Economy

Pakistan's finance minister paints a bright economic picture

Ishaq Dar lauds infrastructure and development partnerships as a path to growth

18 May 2017
Stream article image
Economy

Japan, World Bank team on funding for developing nations

JICA partnership backs private-sector infrastructure to aid political stability

9 May 2017
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Economy

Financing partnerships paving way forward for Pakistan -- Ishaq Dar

Finance minister sees 6% GDP rise as cash flows where it's needed most

8 May 2017
ADB President Takehiko Nakao, far left, and finance ministers from India, Indonesia and Pakistan speak at a panel discussion on the sidelines of the ADB's annual meeting in Yokohama on May 6.
Economy

Protectionism will not be able to stop global trade

Finance ministers at ADB meeting say trade momentum is too strong

7 May 2017
A tangle of power lines is testament to Dhaka's rapid, haphazard growth. (Photo by Yuji Kuronuma)
Economy

Bangladesh's power needs bring ADB, AIIB together

Both lenders serving up funds for natural gas infrastructure

4 May 2017
A tangle of power lines is testament to Dhaka's rapid, haphazard growth. (Photo by Yuji Kuronuma)
Economy

Bangladesh's power needs bring ADB, AIIB together

Both lenders serving up funds for natural gas infrastructure

4 May 2017
Asian Development Bank headquarters in Manila: The lender forecasts Asia will need $1.7 trillion per year in infrastructure improvements from 2016 to 2030.
Economy

The ADB faces up to new challenges

As the multilateral lender marks 50 years, its skills are more vital than ever

4 May 2017
Faisal Edhi, who inherited the Edhi Foundation from his father, with an ambulance in Karachi (Photo by Yuji Kuronuma)
Economy

Nikkei Asia Prizes 2017: First responder

For now, its 1,800 ambulances and other welfare services are crucial

4 May 2017
Asian Development Bank headquarters in Manila: The lender forecasts Asia will need $1.7 trillion per year in infrastructure improvements from 2016 to 2030.
Economy

The ADB faces up to new challenges

As the multilateral lender marks 50 years, its skills are more vital than ever

3 May 2017
Indian Tamil activists protesting against Sri Lanka’s alleged war-time abuses hold placards demanding "Tamil Elam," an independent state that Tamils aspire to create in Sri Lanka, during a protest in Chennai, India, in 2013.
Economy

Sri Lanka faces trade, human rights link

EU dangles export tariff concessions before Colombo to secure post-war justice

1 May 2017
Chinese President Xi Jinping (R) shaked hands with Pakistan's President Mamnoon Hussain in September 2015 at Beijing.
Economy

Beijing's Belt and Road summit invites caution in the West

Doubts voiced about China's motivation, openness and transparency

27 April 2017
A lone power shovel works at a road construction site in Yakawlang, Afghanistan.
Economy

Think the RCEP is about free trade? Think again

Beijing-led pact is aimed at saving China's own economy via the Belt and Road

27 April 2017