Undoubtedly, increasing the retirement age has its merits, but one also wonders if, under the present trying economic circumstances, the Sri Lankan private can manage to keep employees for five extra years.
Opting out of the China-led trade pact may yield electoral dividends for now, but extract a bigger economic price in the long run
Seeks investments in agriculture which provides livelihood for 30% of the Sri Lankan population
Its statement also expresses regret over Sri Lanka's withdrawal of support to the UNHRC resolution on human rights
In the past year, China spent US$ 2.8 billion to wipe out poverty in the 88 poorest counties in Yunnan province
The Collective for Economic Democracy decries continued reliance on austerity, export promotion and FDI to bring relief
The Gotabaya Rajapaksa government has taken a variety of steps to correct economic distortions brought about by the pandemic
Dhaka, November 6 (The New Nation) - Bangladesh's point-to-point general inflation rate has increased to 6.44 per cent in October, the highest in seven years, amid the coronavirus (COvid-19) pandemic. The country had the previous highest inflation of 6.78 per cent by the end of 2012-13 fiscal year, reports bdnews24.com. A higher rise in rural inflation rate compared with the...
Karachi, November 3 - The government has decided to borrow Rs3.5 trillion from the banking system till the coming January as it still needs resources to finance budget deficit despite growth in nontax revenue, it was learnt. The government aims to sell domestic debt up to the end of January 2021 to finance the budget deficit that stayed at Rs440...
The share and the type of loans from China are changing as Sri Lanka wrestles with persistent balance of payment issues, says Umesh Moramudali in The Diplomat.