Bangladesh has spent an estimated US$4.1 billion in additional costs since late February to cushion the impact of a global energy crisis, placing mounting pressure on Prime Minister Tarique Rahman’s plans to
Bangladesh has spent an estimated US$4.1 billion in additional costs since late February to cushion the impact of a global energy crisis, placing mounting pressure on Prime Minister Tarique Rahman’s plans to
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A central bank is not merely an institution that adjusts interest rates, issues currency and lectures the public about financial discipline. It is a guardian of public confidence. When ordinary people lose
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Sri Lanka is preparing to enter a new agreement with the International Monetary Fund (IMF), with President Anura Kumara Dissanayake saying the government is ready to pursue a growth-focused arrangement while protecting
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Finance officials from around the world will gather in Bangkok this week for the annual meetings of the International Monetary Fund (IMF) and World Bank, confronting a combination of war in the
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Sri Lanka’s National Development Bank (NDB) suffered financial losses of approximately Rs 13.6 billion from fraudulent transactions, exceeding its initial disclosures by Rs 400 million, according to findings in a final audit
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RBI Governor Sanjay Malhotra argues that financial stability cannot mean preventing every crisis; it means building a system capable of absorbing shocks before they become systemic. With global debt, stretched asset valuations,
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The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, its first increase in nearly four years, as rising inflation and strong economic growth
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Sri Lanka’s garment export earnings fell 7.4% in August 2026 compared with the same month a year earlier, according to export data released by the Central Bank of Sri Lanka. Garment export
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Sri Lanka spent US$4.07 billion on fuel imports during the first eight months of 2026, a 61.6 per cent increase from the US$2.52 billion recorded during the same period last year, according
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US forces are set to leave their last remaining bases in Iraq on Wednesday, ending a military presence shaped by more than two decades of war. Iran and its allies have celebrated
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Political analyst and journalist Kusal Perera has accused President Anura Kumara Dissanayake’s regime of presiding over corruption worth more in two years than the total value he attributes to nine years of
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SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
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Sri Lanka has launched a centralised digital human resources management system for the public service as the government prepares to recruit more than 120,000 additional employees this year, according to Public Administration,
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Millions of people across Britain are struggling to afford food as the cost of essentials continues to rise, with a new poll finding that three-quarters of people have worried about food prices
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India’s government has become a central focus of a bitter struggle over the future of Tata, the country’s largest conglomerate, as rival camps lobby senior officials over the leadership of its main
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