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    Inflation

    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 -
    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 -
    Accountability

    In Sri Lanka, Rajapaksas on the Ropes

    With the economy in freefall and basics such as food and fuel in dangerously short supply, there is mounting public anger against a failing...
    Inter Press Service -
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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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    Agrochemicals

    GEF Initiative to Curb Toxic Impacts of Agriculture in Seven Countries, Including India

    Highly hazardous persistent organic pollutants (POPs) from agriculture release...
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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.
    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.
    Democracy

    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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