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    Finance and Economy

    Bangladesh: Tk 1.3 Trillion in Defaulted Loans Pushes Shariah-Based Banks Toward Crisis

    Bangladesh Bank has confirmed the formation of a task force to evaluate the situation. It is also drafting a new “Bank Resolution Act” that will provide a legal and procedural framework for the proposed mergers and acquisitions.

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.

    Bangladesh’s Economy Shows Flickers of Recovery amid Dour IMF-ADB Forecasts

    This slump is largely attributed to domestic unrest, contractionary monetary and fiscal policies, and a broader climate of uncertainty that has discouraged both foreign and domestic investment.

    Bangladesh: Business Elites Are Tightening Their Grip on Politics

    Experts say that if Bangladesh is to achieve its ambition of becoming an upper-middle-income country by 2031, it must confront the growing dominance of business elites in its political system.

    IMF Urges Faster Progress in Sri Lanka’s State-Owned Enterprise Reforms amid Policy Reversals

    Papageorgiou's comments come in the wake of political shifts that have disrupted previous reform strategies. The new administration under President Anura Kumara Dissanayake has halted privatization efforts initiated by the previous government, led by Ranil Wickremesinghe.

    Top Chinese Minister to Visit Sri Lanka in June; FTA Talks Likely

    Government sources, however, said trade and export expansion – including talks on the stalled Free Trade Agreement between Sri Lanka and China – is likely to be high on the agenda.

    Kashmir Reels After Pahalgam Attack, Fear Long Term Impacts on Livelihoods

    Tourism accounts for 6.98 percent of the state’s GDP and is considered a key sector of Kashmir’s economy; 80 percent of Kashmir’s population, which is 12.5 million, is directly or indirectly dependent on it.

    Pakistan to Launch Rs 52 Billion Green Sukuk Bonds for Clean Energy Projects

    This is the first time the federal government will directly tap capital markets through a sustainable finance mechanism.
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    Latest News

    Justice is Not a Privilege, It is a Right for Every Child: Justice Savitri Ratho

    Justice Madan Lokur, Chairperson of the United Nations’ Internal Justice Council and former Judge of the Supreme Court of India, emphasised the need for meaningful access to justice for children—as victims, as accused, and as those in need of care and protection, in all their avatars.

    Climate Justice Starts with a Bus Ride: A Lifeline for Delhi’s Waste Pickers

    For Delhi’s waste pickers, a working bus route is not a luxury. It is a pathway to dignity, safety, and survival. In a city battling extreme heat, toxic air, and rising inequality, climate justice might just begin with a seat on a functioning, inclusive bus.

    Sri Lanka Launches First Public-Private Water Supply Partnership with ADB Support

    The pilot in Galle is seen as a potential blueprint for nationwide replication, with implications for addressing water inefficiencies throughout Sri Lanka. If successful, it could also serve as a model for other countries in the region facing similar challenges.

    Must read

    Justice is Not a Privilege, It is a Right for Every Child: Justice Savitri Ratho

    Justice Madan Lokur, Chairperson of the United Nations’ Internal Justice Council and former Judge of the Supreme Court of India, emphasised the need for meaningful access to justice for children—as victims, as accused, and as those in need of care and protection, in all their avatars.

    Climate Justice Starts with a Bus Ride: A Lifeline for Delhi’s Waste Pickers

    For Delhi’s waste pickers, a working bus route is not a luxury. It is a pathway to dignity, safety, and survival. In a city battling extreme heat, toxic air, and rising inequality, climate justice might just begin with a seat on a functioning, inclusive bus.
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    Zero Case: India’s Polio Eradication Saga – A Triumph of Hope, Health, and Humanity

    In 2014, the WHO certified India as polio-free after three years without a single case of wild poliovirus. This was a moment of triumph, celebrated globally as a landmark achievement in public health.

    Zero Case: India’s Polio Eradication Saga – A Triumph of Hope, Health, and Humanity

    In 2014, the WHO certified India as polio-free after three years without a single case of wild poliovirus. This was a moment of triumph, celebrated globally as a landmark achievement in public health.