South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
Data in the Meta Ad Library has revealed that a staggering 1,389,657 USD, equivalent to over 422 million LKR, has been spent on political ads for the ongoing presidential elections in Sri
More
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached 22.92 billion U.S. dollars in the first eight months of 2024, up 17.2 percent from 19.55 billion dollars over the same
More
Sri Lanka has reached an agreement in principle with bondholders to restructure approximately $12.6 billion in bonds, as the country faces elections that have unsettled investors. The government conducted limited discussions with
More
India’s trade deficit soared to a 10-month high of $29.7 billion in August, as exports experienced a significant contraction of 9.3% for the second consecutive month. The decline in shipments was primarily
More
Social protection systems are essential to achieving the 2030 Agenda for Sustainable Development. However, social protection is insufficient across Asia and the Pacific, and the region is at risk from megatrends: climate
More
As the presidential election campaign intensifies in Sri Lanka, serious concerns have been raised regarding the nation’s energy sector and its increasing ties with India. In a detailed statement, Bandu Ranga Kariyavasam,
More
by Our Diplomatic Affairs Editor The Russian Embassy in Colombo has issued a strong critique of a recent statement from the Latvian Embassy in New Delhi, which was exclusively published by the
More
In a striking and controversial twist, the International Monetary Fund (IMF) has turned 22 financially distressed countries, including Pakistan and Ukraine, into a significant source of its net revenue. These nations, struggling
More
by Our Diplomatic Affairs Editor The Embassy of the Republic of Latvia in New Delhi, which also oversees matters related to Sri Lanka, has issued a statement addressing recent publications in the
More
Top executives from the Japanese steel giant Nippon Steel Corporation have left for the United States to meet with senior U.S. officials in an attempt to salvage their acquisition of United States
More
“Power does not corrupt men; fools, however, if they get into a position of power, corrupt power.” – George Bernard Shaw. “It’s the economy, stupid” is a phrase coined by Jim Carville
More
Swiss Authorities Freeze $311 Million Allegedly Linked to Adani Proxy; Adani Group Denies Connection
Geneva, September 14, 2024 – Swiss authorities have frozen $311 million (approximately ₹2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts, amid an ongoing money laundering investigation. The funds
More
With online access, you can easily tap into the powerful world of artificial intelligence (AI). By using Google’s AI chatbot, Gemini, or Microsoft’s Copilot, people can use AI to supplement or replace
More
What is the National Single Window (NSW)? The National Single Window (NSW) is an integrated digital platform designed to streamline international trade by allowing parties involved in trade and transport to submit
More
In August 2024, due to a $4 million budget shortfall, Idaho’s Caldwell School District terminated its $296,807 contract with the local police department, opting instead for armed guards from Eagle Eye Security.
More