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    Sri Lanka Faces Rising Child Malnutrition Amid Controversial Import Tax Decisions

    Amid the economic challenges, State Minister for Finance Ranjith Siyambalapitiya introduced new regulations aimed at addressing corruption in the cereal import sector. Previously, import...

    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...

    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

    UN Report Reveals India Has Highest Number of Undernourished People Globally

    According to the report, India is home to the largest number of undernourished individuals in the world. The alarming data underscores the severe nutritional...

    India’s Economic Survey 2023-24: Navigating Post-Election Challenges and Economic Growth

    As India navigates its post-election landscape, addressing the critical need for job creation in the non-farm sector will be pivotal in fostering inclusive economic...

    Global Growth Faces Threat from Inflation, IMF Reports

    The IMF revised its growth forecasts upwards for emerging market and developing economies, driven primarily by robust economic activity in Asia, particularly in China...

    World Bank Urges Maldives to Cut Costs, Implement Reforms

    World Bank highlighted the Maldives' current economic and fiscal situation and provided recommendations to alleviate the challenges at present. Inflation is projected to rise...

    IMF Approves $1.1 Billion Final Tranche for Pakistan

    The statement said, macroeconomic conditions have improved over the course of the program, adding growth of 2 per cent is expected in FY24 given...
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    Latest News

    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

    Super El Niño Threatens Pakistan: Climate, Economic, and Human Security Risks Escalate

    Climate change is amplifying these risks, as warmer baseline ocean and atmospheric temperatures can intensify extremes.

    Must read

    Sri Lanka to Abolish Controversial Prevention of Terrorism Act Within Months

    Challenges persist: balancing security needs with rights, combating rising organized crime and drug issues without draconian tools, and ensuring implementation does not lag.

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.
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    UN Launches Joint Response Plan for Rohingya Crisis

    Bangladesh is “temporarily sheltering” over a million Rohingya refugees...

    Sri Lanka: Price Controls on Rice Backfire, Thinktank Study Finds

    Advocata’s findings come at a critical time, as Sri Lanka continues to navigate post-crisis economic pressures.

    In Rajya Sabha: Impact of US Tariffs on India’s Seafood Industry

    The minister said that the government is also pursuing new free trade agreements and working to improve the utilisation of existing FTAs.