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 […]

The world faces threats of huge economic losses in case China attacks Taiwan. There is a high possibility of major powers drawing into the conflict, which would disrupt global trade and cost the world its 10 percent of GDP. The Taiwan Strait is crucial for global cargo transport as over 50 percent of cargo ships […]

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...

China is entering one of the most challenging employment environments in recent generations. Young college graduates are facing accelerated depreciation of their academic qualifications and are struggling tofind jobs, while those in their 30s who are already employed worry about potential layoffs. Being 35 years old has now become a curse for employment, particularly within […]

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 Japanese Ambassador to Sri Lanka  MIZUKOSHI Hideaki, expressed Japan’s support for the current program aimed at rebuilding the Sri Lankan economy. Drawing parallels between Japan’s historical journey and Sri Lanka’s current economic challenges, the Ambassador highlighted Japan’s resilience and economic resurgence as a model for Sri Lanka. These remarks were made during his keynote […]

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 […]

A 16-year-old boy with Sri Lankan roots, described by his parents as a “golden boy” took his own life in the UK after being blackmailed over nude photographs, an inquest heard. Dinal De Alwis, 16, was found by a coroner to have killed himself in Sutton, south London, in October 2022. A Metropolitan police investigation […]