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
In a landmark decision that underscores the judiciary’s role in upholding the Constitution, the Supreme Court of Sri Lanka has delivered a significant verdict on the Public Finance Management Bill, striking down
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On June 7, Samsung workers in South Korea embarked on their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU). This historic event involved approximately 28,000 union members, representing about one-fifth
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At the Treasury we are aware that the country is in a difficult place. But that difficulty is not visible on the surface. Fuel is available, electricity is available and public and
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On June 26, the U.S. Embassy in Colombo, in partnership with the Sri Lanka Department of Import and Export Control, launched the first Sri Lanka Strategic Trade Forum. This event brought together
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Indonesia, one of the world’s leading producers and exporters of durian, aims to increase the value of its durian farming across the archipelago, particularly for the Chinese market. To achieve this, the
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Colombo, Sri Lanka – In a message today, Minister of Foreign Affairs M U M Ali Sabry extended profound gratitude to Sri Lanka’s international partners for their unwavering support during the nation’s
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Today, the International Maritime Organization (IMO) celebrates the International Day of the Seafarer, highlighting the vital role of seafarers in maintaining global supply chains and the importance of ensuring their safety. IMO
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Colombo, June 23, 2024 — The Sri Lanka Public Utilities Commission (PUCSL) has refused to grant approval for the procurement of the 484 MW Mannar and Punarin wind farms to India’s Adani
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Century-old Japanese financial institution Norinchukin Bank has announced plans to sell approximately 10 trillion yen (about 63 billion U.S. dollars) in overseas bonds, primarily U.S. and European government bonds, by the end
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In early June, a rumour began to circulate – which was widely reported in the Indian press as true – that the government of Saudi Arabia had allowed its petrodollar agreement with the United States to
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The Deep State should have been alert five years ago when Candidate Joe Biden announced that he, if elected as president, was determined to make the Saudi rulers “pay the price, and
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The Ceylon Chamber of Commerce congratulates the Government of Sri Lanka for securing a board-level agreement on the second review of Sri Lanka’s Extended Fund Facility (EFF) with the International Monetary Fund
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The Yukthi Research Collective hosted a significant public forum titled “Is There Another Way? Debt Restructuring, IMF, and the Future of Sri Lanka,” on June 10, 2024, at the Sri Lanka Foundation
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Unlike previous years, livestock markets in Ankara are experiencing a noticeable slowdown leading up to the Muslim festival Eid al-Adha due to the country’s struggle with high inflation. A sharp decline in
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Thailand’s consumer confidence index dropped for the third straight month in May, reaching the lowest level in seven months, due to concerns over political uncertainty and a sluggish economic recovery, a survey
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