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    Finance and Economy

    China and Sri Lanka Move Closer to Free Trade Agreement Amid Global Trade Uncertainty

    Speaking at a business forum attended by around 100 Chinese companies eager to explore investment and trade opportunities in Sri Lanka, Minister Wang called for accelerating negotiations on the FTA.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

    Sri Lanka: NEXT Workers Demand Answers, Consultation Over Abrupt Factory Closure

    Anto Marcus, Secretary General of the Free Trade Zones and General Services Employees Union, confirmed that the company failed to consult workers as mandated by their collective agreement.

    China Urges Investment Climate Reforms as Interest in Bangladesh Grows

    China has grown into one of Bangladesh’s most significant economic partners. In FY 2023–24, Bangladesh imported goods worth $16.637 billion from China, accounting for 26.4 per cent of the country’s total imports, indicating the growing demand for Chinese products.

    Trump’s USAID Cuts Only Accelerate the West’s Miserly Convergence with China

    Retrenchment is the dominant theme on both sides. However much the West and China may wish to compete for the Global South’s affections, the constraints of their respective political economies limit their offer.

    Colombo Bourse Buoyed by US-China Trade Truce and Regional Stability

    Sri Lanka's largest export market, the United States, looms with potential trade policy shifts.

    Trump Moves to Slash US Drug Prices, Shaking Global Pharma Industry

    Trump’s crackdown on international drug pricing is poised to have far-reaching consequences for developing nations, where access to affordable medicines has historically relied on such price disparities.

    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.
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    Latest News

    Bhutan Resumes WTO Accession Talks After 18-Year Pause

    The return to the negotiating table after nearly two decades underscores the particular challenges faced by small, environmentally vulnerable economies.

    Normalised Violence: How Bangladesh’s Chars Trap Women in Abuse

    Mainstreaming violence-against-women considerations into every programme – not only those labelled “gender” – is essential.

    Afghanistan’s Hunger Crisis Deepens as Aid Cuts Leave Millions Without Food

    The combination of funding cuts, mass returns, climate shocks, high food prices has left millions of Afghans facing preventable hunger and illness.

    Must read

    Bhutan Resumes WTO Accession Talks After 18-Year Pause

    The return to the negotiating table after nearly two decades underscores the particular challenges faced by small, environmentally vulnerable economies.

    Normalised Violence: How Bangladesh’s Chars Trap Women in Abuse

    Mainstreaming violence-against-women considerations into every programme – not only those labelled “gender” – is essential.
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    Maldives Bans Israeli Visitors

    As per the newly ratified amendment to the Immigration Act, travellers coming to Maldives via Israeli passports will not be allowed entry. However, Israeli passport holders can also enter the country if they have dual citizenship, and travel through passports from another country.

    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.

    Rural Diabetes Prevention and Control Campaign launched in Varanasi Village

    Spread of Type 2 Diabetes Mellitus is assuming epidemic...