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    Finance and Economy

    Asia Pacific

    ESCAP’s ‘Build Forward Fairer’ Report, Urges New Social Contract for Asia and Pacific

    ESCAP's new survey says that economic recovery from the COVID-19 pandemic and other global shocks must be anchored in an inclusive “new social contract”,...
    OWSA Contributor -
    Finance and Economy

    Nepal Works to Promote Remittances; Tightens Screws on Imports

    Banking bodies and associations of non-residents have been roped in by the Nepal government to curb the flow of currency and attract foreign exchange...
    OWSA Contributor -
    Finance and Economy

    Lankans Suspend Repayment of Foreign Debts

    In a sudden, though not unexpected development, Sri Lanka today announced the suspension of the island nation’s debt repayments. Sri Lanka’s Treasury Secretary Mahinda Siriwardena...
    OWSA Contributor -
    Accountability

    Sri Lanka’s Political Turmoil Risks Derailing the Economy Further

    Sri Lanka is facing unprecedented political turmoil, and with the economy in a tailspin it is in its weakest state in decades. The country...
    East Asia Forum -
    Accountability

    Protests a Basic Human Right, UN Experts Tell Sri Lanka

    The experts called on the authorities to engage in constructive and open dialogue with the Sri Lankan people, saying that “peaceful protests and voices...
    OWSA Staff -
    Finance and Economy

    Sri Lanka Needs a Finance Minister and IMF Assistance to Avoid Economy Fall Off Precipice: Chambers

    A joint letter from 23 Sri Lankan business chambers has warned of economic collapse, further jobs losses, social unrest a worsening hunger situation if...
    OWSA Contributor -
    Civil society

    Sanctions on Russia: Economic Weapons of Mass Destruction

    In addition to supplying Ukraine with military weapons, governments around the world also have deployed economic weapons against Russia — a dangerous nuclear power....
    East Asia Forum -
    Finance and Economy

    Few Dare to Steer Sri Lanka’s Rudderless Economic Ship

    Two Sri Lankan finance ministers have resigned in the space of two days. The governor of the country’s central bank had also resigned on...
    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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    Accountability

    Bangladesh: Political Challenges Intensify; Growing Pressure on Interim Government

    ICG's latest "EU Watchlist" report, which identifies areas where the European Union (EU) can enhance prospects for peace, highlights Bangladesh as one of the critical regions requiring international attention.
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    Strengthening Bonds: India and Sri Lanka Chart a New Path for Partnership

    President Dissanayake’s first official foreign trip since taking office in September 2024, underscored his commitment to deepening ties with India, especially as Sri Lanka seeks to rebuild after its economic crisis in 2022.
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    Bangladesh

    At Cairo D8 Meet, Pakistan PM Sharif and Bangladesh’s Yunus Agree to Strengthen Bilateral Ties

    The spokesperson said that Bangladesh and Pakistan have pledged to fortify their bilateral relations, exploring new avenues of cooperation in trade, commerce, culture, and health.
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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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