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Category: Economy

October 6, 2024

In Buddha’s time Hindu society was more or less equalitarian

By P.K. Balachandran/Sunday Observer Colombo, October 6: The traditional Hindu social structure is made up of four “castes” which are

October 1, 2024

President Muizzzu steers Maldivian tourism out of multiple setbacks

By P.K.Balachandran/Daily News Colombo, October 1: In his very first year as President of Maldives, Dr.Mohamed Muizzu,  has had to

September 29, 2024

Maldivian tourism recovers from Indian boycott and financial crisis    

By P.K.Balachandran Colombo, September 29: Tourism is the single-most important source of livelihood in Maldives, directly contributing close to 30%

September 28, 2024

Maldives: Tourist arrivals from India drop by over 55,000

By Ibrahim H. Shihab/Maldives Republic Male, Septemher 26: The Maldives has, over the past two years, seen a drop of

September 26, 2024

IMF approves $7bn loan to cash-strapped Pakistan

Sept 26 (IMF) – The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan. The country

September 25, 2024

Lanka to insist on transparent tenders for foreign-funded projects

By P.K.Balachandran Colombo, September 25: Vijitha Herath, Foreign Minister in the new leftist National Peoples’ Power (NPP) government in Sri

September 24, 2024

Maldives Economic Crisis 2024: President Muizzu’s scheme to avoid defaulting on foreign loans

By P.K.Balachandran/Daily Mirror Colombo, September 24: The Maldivian economy has been going through a bad patch even as there is

September 22, 2024

The UK’s national debt: a terrifying warning

OBR’s ‘grim’ report on Britain’s fiscal outlook warns of skyrocketing spending, but ‘projection’ is not a ‘forecast’

September 22, 2024

President Muizzu’s recipe for Maldives’ economic recovery

By P.K.Balachandran Colombo, September 22: The Maldivian economy is going through a bad patch even as there is political stability

September 14, 2024

Escalating land grabs threaten Tamils and Muslims in Sri Lanka

By Anuradha Mittal/Oakland Institute Oakland (US) September 14: As the 57th session of the United Nations Human Rights Council (UNHRC)

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