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    Tag:Economy

    Agri-business

    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...
    OWSA Contributor -
    Bhutan

    Bhutan Makes a Bold Leap Toward a High-Income Future

    Bhutan's 13th Five-Year Plan aims to transform the country into a high-income economy by 2034, focusing on rapid economic growth while maintaining its Gross...
    East Asia Forum -
    Bangladesh

    Bangladesh’s Political Crisis Spurs Economic Concerns, but Experts See Potential for Renewal

    S&P's report issued on Wednesday highlights that the recent political upheaval has deepened existing economic vulnerabilities. The agency warns that if the situation remains...
    OWSA Contributor -
    Finance and Economy

    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...
    OWSA Staff -
    Finance and Economy

    Sri Lankan Economy Shifting to a New Growth Path: Finance Minister Shehan Semasinghe

    Minister Shehan Semasinghe said that the government has adopted other reform programmes aside from the debt restructuring process to address the “fundamental macroeconomic vulnerabilities”...
    OWSA Contributor -
    Finance and Economy

    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...
    OWSA Contributor -
    Finance and Economy

    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...
    OWSA Contributor -
    Finance and Economy

    Maldives Economy: IMF Flags Concerns

    In its report, the mission noted that amid elevated fuel prices coupled with continued strong import demands, the current account deficit in 2024 is...
    OWSA Contributor -
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    Animals and wildlife

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
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    Climate change

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.
    Agri-business

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

    Must read

    Animals and wildlife

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
    Climate change

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.
    Bangladesh

    Yunus Warns of ‘War-Like Situation’ Amid Political Crisis and Rising Tensions

    The high-stakes meeting brought together 20 leaders from various political parties and organisations in two separate sessions, as Yunus sought to shore up support amid reports of internal tensions within his interim government and growing external pressure.
    Climate change

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.
    Agri-business

    Sri Lanka and New Zealand Eye Stronger Economic and Educational Ties

    Beyond trade, both nations expressed keen interest in enhancing vocational training collaboration, with a specific focus on developing industry-aligned skills for Sri Lankan youth.

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