Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
Indonesia has begun a sweeping crackdown targeting major palm oil producers over allegations of under-invoicing and transfer pricing in commodity exports, raising pressure on some of the country’s most powerful agribusiness groups.
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China has accumulated more than 30 days’ worth of coal supplies to ensure power stability ahead of an expected summer electricity crunch linked to the El Niño climate pattern. The National Development
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The IMF staff and Sri Lankan authorities have reached a staff-level agreement to conclude the combined Fifth and Sixth Reviews of Sri Lanka’s reform programme under the Extended Fund Facility (EFF). If
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Warnings about artificial intelligence wiping out large segments of the workforce have become a familiar feature of public debate. Layoffs at major technology firms and rapid advances in generative AI systems have
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After months of stalemate and escalating tension around the Strait of Hormuz, negotiations aimed at ending the war involving Iran and restoring maritime flows through the strategic waterway appear to be gaining
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by Our Correspondent in Colombo The Central Bank of Sri Lanka has sharply increased its Overnight Policy Rate (OPR) by 100 basis points to 8.75% today, signaling growing concern over inflationary pressures
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by Our Correspondent in Colombo Sri Lanka is once again facing growing fears of financial instability as a sharp expansion in the country’s money supply raises alarm among economists, market analysts, and
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A high-stakes referendum in Switzerland is set to decide whether the country should legally cap its population at 10 million, a move that has ignited a fierce national and European debate over
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Africa’s richest man, Aliko Dangote, has called on the continent’s wealthy elite to abandon their lifestyles in London, Switzerland, and other global financial hubs and return to Africa, arguing that only direct
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According to compliance reports, blockchain analysis, and law-enforcement sources cited in investigative findings, Iranian financier Babak Zanjani built a crypto-based payment structure that allegedly moved large volumes of funds through the global
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India has witnessed a sharp escalation in fuel costs after petrol and diesel prices were raised by up to 91 paise per litre on Saturday, marking the third increase in less than
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Stocks linked to the Adani Group surged sharply after reports that the United States Department of Justice moved to dismiss criminal fraud charges against billionaire industrialist Gautam Adani, marking a major legal
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Pakistan has just delivered one of the most striking macroeconomic achievements in its modern history. In the first nine months of fiscal year 2026, running from July 2025 to March 2026, the
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Global accounting firm EY has agreed to pay more than $140 million to settle a High Court legal dispute with the administrators of NMC Health, the former London-listed healthcare company that collapsed
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NATO secretary-general Mark Rutte is preparing to press Europe’s leading defence manufacturers to significantly increase investment and accelerate weapons production, according to a report by the Financial Times. The initiative comes as
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