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    Sri Lanka Retains Special Commodity Levy to Protect Farmers – Despite Concerns Over Food Prices

    The SCL Act, which covers 63 items, imposes taxes at high rates on staple foods such as rice, potatoes, and maize. Critics argue that while these taxes protect domestic agriculture, they also make basic foods costly, exacerbating malnutrition among poor families.

    Strengthening Bonds: India and Sri Lanka Chart a New Path for Partnership

    President Dissanayake’s first official foreign trip since taking office in September 2024, underscored his commitment to deepening ties with India, especially as Sri Lanka seeks to rebuild after its economic crisis in 2022.

    UNODC Global Human Trafficking Report: Victims Up 25 Per Cent; Children Exploited; Forced Labour Cases Spike

    The Report records a 25 per cent increase in the number of trafficking victims detected globally in 2022 compared to 2019 pre-pandemic figures. Between 2019 and 2022, the global number of victims detected for trafficking for forced labour surged by 47 per cent.

    Sri Lanka: Government Intensifies Focus on Tackling Corruption, Revising Stolen Asset Recovery Bill

    Sri Lanka plans to revise the draft bill on stolen asset recovery, a move aimed at strengthening mechanisms to retrieve illicitly acquired funds hidden domestically and abroad.

    Another Tsunami Sweeps Sri Lanka

    On November 14 this year, another tsunami struck, sweeping across the country in an unprecedented wave that mesmerised many of the 22 million population.

    Over 60 Sri Lankans Face Potential Sanctions for Alleged Economic and Human Rights Crimes

    The call for sanctions coincides with international pressure for reform within Sri Lanka. Critics argue that the lack of accountability perpetuates a culture of impunity, allowing economic and human rights violations to continue unchecked.

    Sri Lanka Expands and Enhances Aswesuma Welfare Programme

    The Aswesuma programme is part of a broader strategy to rebuild public trust and enhance social equity as Sri Lanka continues its recovery from economic crises.

    Sri Lanka’s New Government Yet to Decide on Lifting Ban on Chinese Research Ships

    The decision to impose the ban was influenced by security concerns raised by neighbouring India, which cited potential spying activities by foreign research ships operating in the Indian Ocean.
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    Latest News

    NABARD Boosts Rural Heritage: 28 New GI Tags Take Total to 176

    As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.

    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.

    Bangladesh Seeks Three-Year LDC Grace Period to Implement Sweeping Banking and Tax Overhauls

    Bangladesh’s economy faces headwinds including inflation, weak private investment, and global uncertainties.

    Must read

    NABARD Boosts Rural Heritage: 28 New GI Tags Take Total to 176

    As India celebrates its rich diversity, NABARD’s push for GI registrations not only safeguards centuries-old traditions but also fuels economic empowerment in rural heartlands, turning cultural assets into sustainable livelihoods.

    Nepal’s Recurring Credit Booms: A Pattern of Boom and Bust

    International lessons, from global financial crises to regional experiences, highlight that unmanaged credit booms rarely end well.
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