COLOMBO -- Sri Lanka's government signed an agreement on Tuesday to borrow 60 million U.S. dollars from the Asian Development Bank (ADB) to finance the country's road construction, the Department of External Resources said.

The department said in a press release that such work comes under the overall integrated road investment program to improve road safety and minimize public inconvenience. (Sri Lanka-ADB-Road Construction)

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SINGAPORE -- Overall business receipts of Singapore's services industries (excluding Wholesale Trade, Retail Trade, Accommodation and Food Services) increased 3.2 percent in the third quarter of 2023 from a year ago, according to Singapore's Department of Statistics (DOS).

All industries except the Transportation & Storage and Administrative & Support Services industries registered higher business receipts year on year, said the Business Receipts Index released by the DOS on Monday. (Singapore-Service Industry)

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ISLAMABAD -- The Asian Development Bank (ADB) has approved a 180 million U.S. dollars loan to improve water supply and solid waste management services in two rapidly growing cities in Pakistan's eastern Punjab province, the ADB said on Tuesday.

Expected to benefit 1.5 million people, the Developing Resilient Environments and Advancing Municipal Services in Punjab Project will curtail excessive groundwater extraction and urban environment degradation by expanding and modernizing urban water supply in Rawalpindi and solid waste management systems in Bahawalpur, the ADB said in a statement. (Pakistan-Water Management Services) Enditem

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