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    Finance and Economy

    Finance and Economy

    Sri Lanka’s High Alcohol Taxes Spur Surge in Illicit Consumption

    The tax burden on alcohol has significantly increased. As of July 1, 2023, taxes on absolute proof alcohol were raised from 5,000 rupees to...
    OWSA Contributor -
    Asia Pacific

    China–Nepal Strategic Partnership Stumbles over BRI and Boundary Issues

    China's attempts to change its relations with Nepal into a strategic partnership, focusing on the Belt and Road Initiative and the Boundary Management System,...
    East Asia Forum -
    Accountability

    Bangladesh to Review MoUs with India Signed by Previous Government

    He noted that the absence of Indian contractors could be attributed to safety concerns during recent unrest. “We acknowledge that law and order issues...
    OWSA Contributor -
    Democracy

    Sri Lanka President Unveils Economic Development Manifesto

    “We are on a pathway to recovery from the chaos of 2022, only I have a plan for the next five years of our journey,” Wickremesinghe said
    OWSA Contributor -
    Bhutan

    Bhutan Makes a Bold Leap Toward a High-Income Future

    Bhutan's 13th Five-Year Plan aims to transform the country into a high-income economy by 2034, focusing on rapid economic growth while maintaining its Gross...
    East Asia Forum -
    Accountability

    Pradhan Mantri Jan Dhan Yojana Celebrates a Decade of Transformative Financial Inclusion

    The program's success is reflected in its impressive reach. As of August 14, 2024, over 53.14 crore beneficiaries have been banked under PMJDY, with...
    OWSA Staff -
    Child Rights

    Pakistan’s Education System Declines into ‘Low’ Performance Category, New Report Reveals

    Despite some progress in human capital development, the report highlights that the country’s efforts in education reform and increased budgetary allocations have yet to...
    OWSA Contributor -
    Accountability

    Yunus Addresses Election Timing, Flood Response

    The interim government has also pledged to address grievances related to the previous administration’s actions. Yunus announced that efforts are underway to withdraw false...
    OWSA Contributor -
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    Latest News

    Artificial Intelligence

    New AI-Powered Universal Vaccine Developed by Cambridge Scientists Offers Hope Against Future Pandemics

    As the world reflects on lessons from COVID-19, this development arrives at a critical time. It signals a future where science, powered by AI, stays one step ahead of nature’s unpredictability.
    Afghanistan

    Taliban Decree Grants Supreme Leader Final Say on Opponents’ Assets

    Taliban leader Hibatullah Akhundzada gains sweeping personal control over opponents’ assets under a new decree, raising fears of property...
    Agriculture

    Sri Lanka’s Poverty Line Surges Past Rs. 17,100 Amid Lingering Economic Strain

    If Sri Lanka is to prevent a permanent underclass from forming in the wake of the 2022 crisis, economists argue that the focus must shift aggressively from mere stabilization to equitable growth.

    Must read

    Artificial Intelligence

    New AI-Powered Universal Vaccine Developed by Cambridge Scientists Offers Hope Against Future Pandemics

    As the world reflects on lessons from COVID-19, this development arrives at a critical time. It signals a future where science, powered by AI, stays one step ahead of nature’s unpredictability.
    Afghanistan

    Taliban Decree Grants Supreme Leader Final Say on Opponents’ Assets

    Taliban leader Hibatullah Akhundzada gains sweeping personal control over...
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    Animals and wildlife

    Goa Court Suspends Eco-Tourism Plan to Protect Wildlife and Communities

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    Employment

    India: Unemployment Rate Rises to 5.2% in April 2026: Rural Joblessness and Falling Labour Participation Raise Concerns

    This uptick from 5.1 per cent in March and 4.9 per cent in February underscores emerging pressures in the labour market, particularly in rural regions where job opportunities remain scarce.
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    Finance and Economy

    India Seeks Tariff Shield from US Section 301 as Bilateral Trade Deal Enters Crucial Phase

    Analysts suggest a balanced outcome might involve India strengthening its own forced labour import monitoring mechanisms while securing phased tariff reductions and dispute resolution clauses that provide greater predictability for Indian exporters.
    Accountability

    The Next Question for India’s CSR Ecosystem

    In almost every sector, certain frameworks eventually become signals. Certifications become indicators of quality. Governance standards become indicators of reliability. Disclosure practices become indicators of organisational readiness.
    Disaster risk reduction

    Karachi’s Triple Crisis: Water, Gas, and Power Shortages Turn Eid Celebrations into a Daily Struggle for Survival

    As Karachi battles these shortages, the episode serves as a stark reminder of the fragility of urban infrastructure in rapidly growing megacities facing governance and maintenance challenges.

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