by Our Correspondent in Colombo A prominent Chinese economist has called for a substantially expanded economic and commercial relationship between China and Sri Lanka, proposing the revival of a bilateral free-trade agreement,
John Pederson thought he had found a way out. Injured in a car crash and unable to work, the former line cook from Outback Steakhouse turned to prediction markets in a bid
More
BP Plc reported a dramatic surge in first-quarter earnings, driven by soaring oil prices and exceptional performance in its trading division following the outbreak of war involving Iran. The London-based energy major
More
It is disheartening to see even the streets turn into holding pens for people queuing for rationed fuel. This scarcity lays bare the country’s condition. Yet the issue is not which foreign
More
A relatively small investment by one of the world’s most prominent mining families has turned into a billion-dollar windfall as the global surge in gold prices fuels dramatic gains in mining companies.
More
British finance minister Rachel Reeves will accompany Prime Minister Keir Starmer on a high-profile visit to China next week, highlighting the UK government’s determination to deepen economic engagement with the world’s second-largest
More
The European Union is preparing a major shift in its security and technology policy, with Brussels set to propose phasing out Chinese-made equipment from critical infrastructure across the bloc. The move would
More
On paper, 2026 is shaping up to be a benign year for oil importers, with global supply expected to comfortably outpace moderating demand. Brent crude prices are already well below last year’s
More
Over the past two years, few technologies have provoked as much economic speculation as generative artificial intelligence. Its rapid diffusion into workplaces, from software development and finance to education and professional services,
More
Sri Lanka is set to present a national budget on Friday that will place economic reforms at its core, as the government seeks to meet International Monetary Fund (IMF) targets vital for
More
A new report released today lays out a strategic roadmap for Sri Lanka to achieve sustainable, inclusive, and transformative economic growth over the next five years. Titled Sustaining Transformative Growth in Sri
More
Editor’s Note: Annie White, Director of Software Tools at the Growth Lab, Harvard Kennedy School, and Sebastian Bustos, Senior Research Fellow at the Center for International Development, Harvard University, recently presented their
More
Singapore — Sri Lanka’s fragile post-bankruptcy recovery demands bold leadership, institutional reform, and urgent economic diversification, according to insights shared during a high-level trade policy session in Singapore. The remarks came during
More
Sri Lanka has weathered a relentless succession of economic shocks in recent years. The turmoil began with the constitutional crisis in 2018, followed by the tragic Easter Sunday attacks in 2019. As
More
by Eric The death of Stanley Fischer on 31 May 2025 does not merely signal the cessation of a long and storied life; it marks the symbolic end of a cerebral era
More
India is on the cusp of a historic economic milestone, with the International Monetary Fund (IMF) projecting that it will surpass Japan to become the world’s fourth-largest economy in the 2025–26 financial
More