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    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.

    US Eyes Big Wins in Pakistan’s Mining Sector

    Reaffirming the United States’ commitment to fostering commercial ties, the U.S. Mission in Pakistan announced its continued support for American businesses interested in operating within the country.

    Senior Envoy Warns Iran-Israel Conflict is Deepening Crisis in Afghanistan

    Meanwhile, the de facto authorities have conveyed grievances around frozen assets, sanctions, non-recognition, the need for greater development assistance, and an end to aid dependency.

    $150mn World Bank Financing for Sri Lanka to Boost Renewables, Avoid Blackouts

    A core feature of the initiative includes $40 million in World Bank Group guarantees in the first phase. This will help reduce risks for private investors and energy producers.

    Can Money Change the World?

    What prevents even a small fraction of these funds from flowing toward sustainability? This gap represents not only a financial challenge but also an opportunity to rethink how the economic system works and reorient it towards more equitable and resilient growth.

    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.
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    Latest News

    WHO Extends Polio Emergency as Virus Persists in Afghanistan and Pakistan

    While global cases have fallen dramatically over decades of eradication efforts, the final stages are proving the most challenging.

    Sri Lanka Economy Nears Pre-Crisis Levels, Says Central Bank Governor

    As of mid-2026, the recovery continues to gather momentum, with growth projected in the 4-5 per cent range amid ongoing policy vigilance.

    Nepal-Tibet Flash Floods Claim Over 750 Lives as Thousands Remain Missing

    Nepal’s Foreign Minister and the UN climate chief have both warned of the growing threat from global warming to the Himalayas.

    Must read

    WHO Extends Polio Emergency as Virus Persists in Afghanistan and Pakistan

    While global cases have fallen dramatically over decades of eradication efforts, the final stages are proving the most challenging.

    Sri Lanka Economy Nears Pre-Crisis Levels, Says Central Bank Governor

    As of mid-2026, the recovery continues to gather momentum, with growth projected in the 4-5 per cent range amid ongoing policy vigilance.
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    Online Harassment of Women Gets Amplified by Biased Algorithms

    Algorithms are trained on vast datasets that reflect historical and societal biases. When these biases go unchecked, they become ingrained in the technology itself, reinforcing discrimination and amplifying online harassment against women.

    Taliban’s Ban on Organ Transplants Deprives Afghans of Lifesaving Treatment

    Globally, organ transplantation is recognized as a critical medical treatment. Islamic countries like Saudi Arabia and Iran have robust organ donation systems guided by Islamic principles.

    India: Rural Jobs Diversify; Agriculture Share Falls to 52.9%; Non-Farm Employment Rises

    Overall, the April-June 2026 PLFS data indicates that rural India is advancing, albeit gradually, along the path of economic diversification.