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    Finance and Economy

    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 -
    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 -
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    Agri-business

    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.
    Child Labour

    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.
    Finance and Economy

    Sri Lanka Seeks Public Input to Lift Tax-to-GDP Ratio to 20 Per Cent

    As the June 12 deadline approaches, the ministry will likely receive a wide array of ideas. The challenge will be synthesizing them into a coherent, actionable medium- to long-term strategy that delivers the 20 per cent target without compromising growth or equity.

    Must read

    Agri-business

    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.
    Child Labour

    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.
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    Agri-business

    Farmers in Bhutan Turn to Asparagus and Strawberries to Boost Incomes

    Hand-in-Hand Initiative is an evidence-based, country-owned and led initiative...
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    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.
    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.
    Finance and Economy

    El Niño Threatens India’s 2026 Kharif Season: Strong Buffers Offer Hope Amid Monsoon Uncertainty

    While buffers exist, the interplay of El Niño with other climatic factors underscores the growing importance of climate adaptation in India’s agriculture-dependent economy.

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