Finance and Economy

A small tax on just seven of the world’s biggest oil and gas companies could grow the UN Fund for Responding to Loss and Damage by more than 2000 per cent, as shown in an analysis by environmental organisations Greenpeace International and Stamp Out Poverty.

Nepal’s debt trajectory aligns with global trends among developing nations, which have seen rising public debt due to post-pandemic recovery efforts, inflationary pressures, and currency devaluations.

Sri Lanka is grappling with a nutrition crisis exacerbated by economic hardships, rising food costs, and income losses. While many households focus on meeting basic calorie needs, nutritional security has become a secondary concern, leading to long-term health risks.

Donald Trump’s proposed tariff hikes have sparked concerns among Sri Lanka's exporters. This report from Sri Lanka’s Institute of Policy Studies says that the...

The KERA project will focus on building climate resilience in Kerala’s agricultural value chains by helping farmers transition to climate-smart practices.

The President revealed that the government had successfully recouped MVR 3.1 billion from various parties, contributing to a reduction in the overall national debt.

The loan is also strategically important as Bangladesh seeks to attract more foreign investment and strengthen its global economic standing. By addressing key challenges...

The ADB report says that by 2070, the forecasted impacts of climate change could threaten not just the future of Asia-Pacific’s economy but the...