Sri Lanka’s digital retail payments are poised for remarkable expansion, with the potential to reach up to Rs 77.2 trillion by 2027, according to analysis by Robocash Sri Lanka. This represents a substantial 128 percent increase from the 2022 level. The optimistic forecast by the company is contingent on the assumption that all major macroeconomic […]

The economic and political landscape of Nepal is currently facing a dual assault from its neighbor, China. As the country grapples with the aftermath of a devastating earthquake, the once-thriving Tatopani market stands as a somber reminder of the destructive power of nature. However, the decline of this border town is not solely due to […]

By Hema Senanayake hemasenanayake@yahoo.com IMF has an ideology, a system of ideas and ideals which forms the basis of its decisions and policy prescriptions for which the recipient country of the loan claims as of its own. The most important idea does not originate from economic theory but international trade theories instead. The Great Recession […]

According to figures collected by PATA, international visitor arrivals into Asia Pacific destinations during May 2012 show a collective gain of 3% year-on-year. This is the second consecutive month with a declining growth rate. For the first five months of 2012, the average growth in international visitor arrivals into Asia Pacific destinations was 6% up ...

REUTERS: The Obama administration’s man in charge of squeezing Tehran over its nuclear program is unapologetic for the difficulties faced by banks in their dealings with Iran since the US tightened sanctions against the country. Companies that trade with Iran are struggling to get paid and the biggest Asian countries are scrambling to work around ...

Country records second successive year of over 20% growth in exports; 2011 full year value tops $ 10 b; when ICT exports included total figure to rise to $ 11 bConfirming resilience and an   improved competitive mindset amidst global and local difficulties, Sri Lanka’s exports sector has concluded its second year of over 20% growth. ...

By Cassandra Mascarenhas The Sri Lanka Institute of Directors (SLID), as part of its ‘Power Evening’ series of events, presented an eclectic combination of chairmen from leading organisations in the country last week and at the occasion delved into the subject ‘Performing While Conforming – What the Textbooks Don’t Teach You’ by sharing experiences from ...

Countries get known for various reasons and some labels stick for long time. Citizens almost always mould the character of the nation. It is usual to hear the efficiency and punctuality of Germans. We Sri Lankans boast of being known for our hospitality and friendliness – may be at least to outsiders. However, it is ...

Reuters: China warned Washington it is “adamantly opposed” to a proposed U.S. bill aimed at forcing Beijing to let its currency rise, saying its passage could lead to a trade war between the world’s top two economies. In a coordinated response, the Chinese central bank and the ministries of commerce and foreign affairs accused Washington ...