Sri Lanka has not yet received clearance to evacuate Sri Lankan students in Wuhan city, the Prime Minister’s Office said.
South Asia's Balance of Payments Challenge: The Changing Dynamics of External Balances in South Asia
South Asia remains one of the least integrated regions in the world despite geographical proximity and complementary economic structures. Greater regional trade, improved transport connectivity, cross-border electricity markets, digital payment systems and investment partnerships could substantially reduce external vulnerabilities.
India's Employment Debate: A Future With Plenty of Work, But Fewer Jobs
Between 2004 and 2023, India produced roughly five million graduates every year, but graduate employment increased by only around 2.8 million annually. Even fewer obtained salaried employment. Millions are either unemployed or working below their qualifications or in the waiting room for the elusive government job.
How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy
Policy instability during the 2015-2024 likely pushed back Sri Lanka’s path towards becoming South Asia’s first High-Income Country. The 2022 financial crisis would never have happened as stable growth during the first half of 2015–2024 would have built enough buffer to weather impact of the Covid pandemic
When Nations Employ the Expansionary Grammar of Corporate Acquisitions
China’s Belt and Road Initiative - which funded Sri Lanka’s Hambantota Port through loans resulting in a 99-year lease to Chinese State-owned enterprise in 2017 due to Colombo’s struggle to service said loans - follows the same expansionary script.
More on Economy, Trade and Development
China keenly follows India's citizenship debate, Northeast ferment
The debate over the Indian Citizenship Amendment Bill, 2019, or CAB, has been widely reported in the Chinese media, from the time the Bill was tabled in the Lok Sabha December 9 until December 12, when it was signed into law by the President Ram Nath Kovind, after the CAB was passed through both houses of parliament
Beijing optimistic about rebuilding ties with Colombo: A media analysis
The recently-concluded elections in Sri Lanka was widely covered in the Chinese media, an indication of the strategic interest of Beijing in the island nation and the Indian Ocean Region
