Asia Infrastructure
Russia and India explore Arctic shipbuilding cooperation
Russia and India are advancing discussions on joint Arctic shipbuilding projects, with Russia's Rosatom announcing progress after the inaugural meeting of a working group focused on collaboration on the Northern Sea Route
Uzbekistan joins Kyrgyzstan in committing to October start on China-Kyrgyzstan-Uzbekistan railway construction
Financing for CKU edging forward with finalised commitments still to be hammered out.
PANNIER: The great mirage that is the TAPI gas pipeline
With great fanfare, construction was for a second time launched in Afghanistan, but you’ll struggle to find any observer who thinks the project is going anywhere fast.
India and the US bolster defence ties with preliminary Security of Supply Arrangement
India and the US have deepened their defence cooperation with the signing of two key agreements, marking a significant step in the evolving defence and strategic partnership between the two nations
Russia, Bangladesh navigate stresses over nuclear power plant loan payments
Russia has demanded that Bangladesh pay over $630mn to settle accrued interest payments for a loan used to fund the Rooppur Nuclear Power Plant
Sinar Mas and Korean firm partner to develop $300mn data centre
SMPlus Digital Investama, controlled by Indonesia's Widjaja family and partnered with Korea Investment Real Asset Management, is set to develop a $300mn data centre in Jakarta's business district, supported by tycoon Kim Nam-goo
Japan’s Tokyo Metro seeks $4.7bn valuation for record IPO
The Japanese government is aiming for a substantial valuation of $4.7bn for the Tokyo Metro as preparations for its initial public offering ramp up
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Hasina’s exit likely to continue economic crisis and lead to trade slump for Bangladesh
Hasina’s fifteen year tenure in power was largely marked by remarkable economic growth, with Bangladesh becoming one of the fastest-growing economies in Asia. Hasina was also able to establish and balance strong bilateral ties with India and China.
China builds melt-down proof “pebble-tech” nuclear reactor
China has built what it claims is a melt-down-proof nuclear reactor that would remove one of the main objections to building more nuclear power stations to tackle the accelerating Climate Crisis.