In the midst of tension in the Taiwan Strait and the South China Sea, Japan, China and South Korea held a trilateral summit in Seoul on May 27, the first since July 2019. The summit was attended by Chinese Premier Li Qiang, Japanese Premier Fumio Kishida and South Korean President Yoon Suk-yeol. For the sake […]

Sri Lanka-Singapore Free Trade Agreement By Gomi Senadhira senadhiragomi@gmail.com “You might tell fairy tales, but the progress of a country cannot be achieved through such narratives. A country cannot be developed by making false promises. The country moved backward because of the electoral promises made by political parties throughout time. We have witnessed that the […]

In recent years, Europe’s attitude towards China’s ambitious Belt and Road Initiative (BRI) has undergone a seismic transformation, marked by a discernible shift towards skepticism and apprehension regarding the initiative’s multifaceted implications. Launched in 2013 by Chinese President Xi Jinping, the BRI was envisioned as a grand strategy to rejuvenate ancient Silk Road tradi...

by Dr B.J.C.Perera Specialist Consultant Paediatrician and Honorary Senior Fellow, Postgraduate Institute of Medicine, University of Colombo, Sri Lanka. John Fitzgerald Kennedy or JFK was the 35th President of the United States of America. He served as President from 20th January 1961, until his assassination on 22nd November 1963. Though his presidency lasted only a […]

The Samagi Jana Balawegaya (SJB) has urged the government to maintain transparency in the ongoing debt restructuring process as national elections are around the corner and that the next government will have to honour the conditions agreed upon by the incumbent administration. The SJB said so soon after the government of Sri Lanka rejected international […]

Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...

The National Bureau of Statistics of the Communist Party of China recently released a series of economic data however there is still no data on the youth unemployment rate which is said to be intentional due to the current situation. Currently unemployment among Chinese youth is widespread to maintain stability and avoid risks from domestic […]

Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period of extreme hardship caused by […]

In a welcome development in relation to Sri Lanka’s regional policy, some state functionaries of the Ranil Wickremesinghe regime have gone on record as having stated that Sri Lanka would be taking notable cognizance of India’s security concerns, going forward. This is as it should be. None of India’s immediate neighbours could afford to overlook […]

By Rathindra Kuruwita Until Sri Lanka has access to international money markets, which will allow it to ensure there are no short-term dollar shortages, relaxing the restrictions on vehicle imports is out of the question, Professor in Economics at the Department of Economics at Colombo University

China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]

India’s domestic and foreign situation has changed tremendously compared to four years ago and it has achieved outstanding results in economic development and social governance, said an article published in China’s state-run Global Times. The article authored by Zhang Jiadong, director of the Center for South Asian Studies at Fudan University, said India has made […]