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    Tag:foreign exchange

    Afghanistan

    Cash-Strapped Taliban Turns to Coal

    Coal is the easiest source of foreign exchange for a stressed economy under Taliban governance, but all doesn’t seem to go well. The prices...
    OWSA Contributor -
    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 -
    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 -
    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 -
    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

    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 -
    Education

    Lack of Money to Import Paper Leads to Postponement of School Examination

    The past week has seen public protests outside the presidential office and a social media campaign trending as “Gota Go Home” that calls on...
    OWSA Contributor -
    Finance and Economy

    Sri Lanka’s best-known tourism ambassador wants to leave as economy tanks

    Challenged to import fuel to run its power plants and with its dams running out of water reserves and not producing electricity, Sri Lanka’s...
    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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