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    Finance and Economy

    Accountability

    Years of Policy Failure and COVID Throw Sri Lanka Into Deep Crisis

    Sri Lanka is collapsing and its economy is at a tipping point. The country is witnessing one of the worst economic and political crises...
    East Asia Forum -
    Accountability

    US–China Rivalry Complicates Development Aid in Nepal

    On 1 March 2022, Nepal’s coalition government, led by the Nepali Congress party, finally ratified the Millennium Challenge Corporation (MCC)’s Nepal compact, a US$500 million infrastructure and...
    East Asia Forum -
    Accountability

    Yesterday’s Cronies Turn Against Rajpaksas – Top Sri Lankan Businesses Stand By Protestors, Call for Solutions, Stability

    How times change! Sri Lanka’s big business houses, that hitherto took a moral high apolitical ground, are now speaking for change. Even those alleged...
    OWSA Contributor -
    Finance and Economy

    Sri Lankan Economic Crisis Inflicted by Self-Serving Elite

    Once deemed a basic human needs success story, Sri Lanka is now in its worst economic crisis since independence in 1948. Nonetheless, Sri Lanka’s...
    Inter Press Service -
    Accountability

    Gotabaya Admits ‘Mistake’ A Year After Imposing Ban on Fertilisers

    With little opposition, the Rajapaksa family has ruled the island nation with an iron hand. Few dared to hold them accountable or question widespread...
    OWSA Contributor -
    Finance and Economy

    High Cost of Debt is Crippling Developing Nations: How Can We Bridge the Finance Divide?

    The 2022 Financing for Sustainable Development Report: Bridging the Finance Divide report released by the United Nations last week finds that the ‘finance divide’...
    Inter Press Service -
    Finance and Economy

    Democratic Nepal’s Backroom Politics Resemble Palace Intrigues of Yesteryears

    Life has been tough for the finance minister, especially with his political opponents gunning for him in the midst of an economic crisis the...
    OWSA Contributor -
    Afghanistan

    Afghanistan’s Salaried Citizens Allowed To Withdraw Their Salaries

    Afghanistan’s central bank, Da Afghanistan Bank, on Thursday lifted restrictions on salaried people withdrawing their salaries. The central bank had imposed restrictions in the face...
    OWSA Contributor -
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    Latest News

    Agri-technology

    Vice President Calls for Farmer-Led Agri-Business Revolution at Goa’s ICAR-CCARI Meet

    Dhankhar urged farmers to see themselves as entrepreneurs with the potential to drive rural economies. He underscored the importance of participating in the input chain of agriculture (fertilizers, pesticides, machinery) and the output chain including storage, processing, and retail.
    Accountability

    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.
    Bangladesh

    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.

    Must read

    Agri-technology

    Vice President Calls for Farmer-Led Agri-Business Revolution at Goa’s ICAR-CCARI Meet

    Dhankhar urged farmers to see themselves as entrepreneurs with the potential to drive rural economies. He underscored the importance of participating in the input chain of agriculture (fertilizers, pesticides, machinery) and the output chain including storage, processing, and retail.
    Accountability

    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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    Clean tech

    Sri Lanka to Allocate 50,000 Acres for Industrial Development

    Entrepreneurs outside Board of Investment zones often face lengthy approval processes, with some projects requiring special gazettes and parliamentary approval, making it nearly impossible for independent investors to navigate the system without government intervention.
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    Democracy

    Sri Lankan Workers Depart for Israel Amid Controversy Over Human Rights Concerns

    The situation places Sri Lanka’s Left-of-Centre government in a precarious position as it seeks to balance economic imperatives with human rights concerns.
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    Global Governance

    Global Leaders Pledge $170 Million to WHO at 2025 World Health Assembly, Marking Leap Towards Sustainable Financing

    The commitments mark a key milestone in WHO’s ongoing Investment Round, a critical drive to secure sustainable financing and strengthen the organisation’s capacity to respond to global health needs.
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    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.
    Finance and Economy

    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.

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