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    Finance and Economy

    World Food Prices Rise for First Time in Seven Months: FAO

    The increase reflected steady import demand from Asia, higher internal sales in Western Europe leading to the spring holidays and seasonally falling production in...

    Prioritize Development Financing Needs Over Political Interests, Says UN ESCAP Survey

    Income inequality is also likely to widen in the region, as the value of national minimum wages, adjusted for inflation, has declined in several...

    Maldives: Tourism Slowing Down Due to Increased Demand for Guest Houses

    The World Bank has released a report stating that the expected productivity growth rate has declined compared to the previous estimation owing to the...

    Sri Lanka’s Economy Shows Signs of Stabilization; but Poverty to Remain Elevated: World Bank

    Poverty rates continued to rise for the fourth year in a row, with an estimated 25.9 per cent of Sri Lankans living below the...

    Coal Sector Shows Highest Growth of 11.6 % among Eight Core Industries in February 2024

    The coal industry has consistently outperformed demonstrating sustained double-digit growth over the past eight months and substantially higher growth than the overall growth of...

    Sri Lanka Banks to Set Up Business Revival Units for Troubled Borrowers

    The Asian Development Bank is helping with the establishment of a guarantee institute. This is part of the larger ADB plans for the country...

    ILO Reaches Agreement on Living Wages

    A decision by the ILO’s Governing Body opens the way for new work by the ILO on estimating and operationalizing living wages, and on...

    Pak-Afghan Border Reopens for Trade

    The border had been sealed on Monday following an exchange of fire triggered by mortar shell attacks from Afghanistan targeting the border village of...
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    Latest News

    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.

    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...

    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

    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.

    Taliban Decree Grants Supreme Leader Final Say on Opponents’ Assets

    Taliban leader Hibatullah Akhundzada gains sweeping personal control over...
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    Dispute Deepens Over Gen Z Crackdown, As Security Chiefs Urge Caution on Arrests of Former Leaders

    The split between the home ministry and the judicial commission led by former judge Gauri Bahadur Karki has become increasingly public, reflecting a deeper dilemma: to move swiftly with criminal probes, or to hold back until the commission delivers its findings.

    El Niño Threatens Asia’s Rice Bowl: Drier Weather Patterns Set to Disrupt Key Tropical Crops in Late 2026

    For Asia’s rice bowl, the coming months will be critical. Farmers, traders, and policymakers must prepare for a potentially volatile period that could test food security across the region.

    Colombo Faces Deepening Water Crisis as Reservoirs Run Dry

    The possibility of an El Niño event during the upcoming southwest monsoon season raises concerns about below-average rainfall in the coming months