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    Finance and Economy

    Debt Swaps Could Release $100 Billion for Climate Action

    If a country and its creditors agree to a swap, a portion of that nation’s debt can be written off in exchange for achieving...

    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...
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    Latest News

    ICC Unseals Arrest Warrants for Four Senior Taliban Officials Over Gender Persecution

    Judges determined there are reasonable grounds to believe the four ordered, induced or solicited the crime against humanity of persecution on gender and political grounds.

    Sri Lanka Spends Just 8% of Cyclone Ditwah Rebuild Funds While Posting Rare Budget Surplus

    The rare budget surplus is a notable achievement after years of crisis. Yet the slow conversion of reconstruction allocations into actual rebuilding underscores that fiscal numbers alone do not tell the full story of recovery.

    Bridging Ethnic Knowledge and Institutions: India’s Missing Link in Disaster Risk Reduction

    India's next leap in disaster management should not simply be to predict disasters better. It should be to connect knowledge better, strengthen institutions and act earlier.

    Must read

    ICC Unseals Arrest Warrants for Four Senior Taliban Officials Over Gender Persecution

    Judges determined there are reasonable grounds to believe the four ordered, induced or solicited the crime against humanity of persecution on gender and political grounds.

    Sri Lanka Spends Just 8% of Cyclone Ditwah Rebuild Funds While Posting Rare Budget Surplus

    The rare budget surplus is a notable achievement after years of crisis. Yet the slow conversion of reconstruction allocations into actual rebuilding underscores that fiscal numbers alone do not tell the full story of recovery.
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    ‘Our common agenda’: Guterres’ open door to corporate capture of the UN

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    Russia’s Strategic Ceasefire Negotiations: The Battle Beyond the Battlefield

    While US Secretary of State Marco Rubio heads to Brussels for high-stakes NATO talks, former President Donald Trump’s recent remarks suggest a shift in American policy toward Russia’s reluctance to agree to a ceasefire.