Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
Apple on Tuesday announced its first-ever carbon-neutral products in the new Apple Watch Series 9 lineup, a milestone marking a major step in the company’s journey toward its Apple 2030 goal to
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The Ceylon Chamber of Commerce has proactively addressed critical issues within Sri Lanka’s healthcare sector, recognising the importance of patient safety, access to quality healthcare, and fostering industry growth. The Ceylon Chamber
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The G20 Summit has initiated the creation of the Global Biofuels Alliance, with the active involvement of over 30 countries and several international institutions. Its primary goal is to accelerate the widespread
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The Sri Lanka – Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce led a multi-sectoral 19-member delegation to Singapore, showcasing Sri Lanka’s burgeoning tech talent and growing potential in a
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The Finance State Minister is reported to have said that the Government of Sri Lanka (GOSL) has decided to refund the five per cent withholding tax levy (WHT) deducted on the interest
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The tranquility of the serene hillside in Qinzhou, nestled in south China’s Guangxi Zhuang Autonomous Region, has been replaced by the persistent reverberations of dredgers, excavators, and dump trucks, serving as a
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To Members of the Executive Board of the International Monetary Fund, The IMF programme in Sri Lanka is devastating the common people of Sri Lanka, especially the most vulnerable and marginalised among them.
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Link to part 5 Conclusive remarks The IMF programme needs to be used to negotiate debt restructuring with commercial and multilateral creditors. It would create space to spend on priorities such as
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Canada’s raging wildfires have been worrying since the beginning of this year. Living in Ottawa, I’ve personally experienced the detrimental effects of wildfires on air quality and pollution. Meanwhile, punishing heat waves
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In an unprecedented and remarkable global shift that has piqued the interest of financial experts and analysts around the world, central banks from various nations are engaging in an astonishing gold-buying frenzy.
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Link to part 4 The IMF program in Lanka and its implications The IMF agreement with Sri Lanka emphasises fiscal consolidation, which requires the government to achieve a budget surplus within two
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Indian government on Saturday imposed a 40 percent duty on the export of onions. The order was issued by the federal finance ministry with the aim to check the price rise and
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Link to part 3 National debt and human rights The implication of debt on human rights is also of significant concern. Many countries in the world are either already in a debt
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Just a week after Moody’s slashed the credit ratings of 10 small and medium-sized American banks and indicated the possibility of downgrading the credit ratings of some large U.S. banks, the U.S.
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Financial risk has eased in several Asian countries. After announcing that it would suspend external debt repayments indefinitely in April 2022, Sri Lanka secured final approval from the IMF for a US$2.9bn
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