Sri Lanka
Asian economies weigh their options amid fears of over-reliance on Chinese rare-earths
Just how control over these critical minerals plays out will be a long fought battle lasting decades, and one that will increasingly define Asia’s industrial future.
Sri Lanka’s economic escape
Sri Lanka’s recovery over the past year reads like a narrow escape rendered into a cautious, albeit unfinished success story.
Gold price in Sri Lanka plunges
The sudden drop of around LKR20,000 in both 22- and 24-carat sovereigns adds to a volatile recent run for precious-metals pricing in the island nation: only days earlier, gold prices were noted to be climbing.
The Asian nations backing the Russian war effort – from India to Taiwan, China to Indonesia
While many Asian nations have quietly distanced themselves from Moscow in a bid to fall into line with US or European allies, several continue to engage with Russia, providing varying degrees of support that help sustain its military campaign.
Global Alliance commits $7.5bn to clean energy in developing world
Analysts have repeatedly warned that clean energy investment in developing economies such as Afghanistan, but excluding China, remains dangerously below levels required to meet international climate objectives.
Argentina’s meltdown, Asia’s dilemma
Argentina has been here before - the country having endured multiple financial meltdowns over the last half-century - each one leaving scars on its once vibrant society and economy.
Sri Lanka’s government debt projected to peak at 101% of GDP in 2025
Sri Lankan banks hold substantial amounts of government debt, with total exposure exceeding 20% of system assets. Interest expenditure remains high, with payments expected to reach 51% of government revenue in 2025.
Modi and Xi push reset as trade pressures force India and China closer together
For Modi, at least for now, the shift feeds into his narrative of a multipolar order, and one where India is not forced into binary choices between Washington and Beijing.
A look at the Indian industries hardest hit by US tariffs
India has emerged as one of the hardest hit nations under fresh tariff measures imposed by the United States, with Indian exports to its largest single market now facing duties of up to 50%.
Foreign investors welcome to cultivate cannabis legally in Sri Lanka
Sri Lanka has, for the first time, authorised seven overseas investors to cultivate cannabis legally under tightly regulated conditions.
ASIA BLOG: Why Iran is not a part of South Asia – and why it matters
According to the US State Department Iran remains a state sponsor of terrorism, facilitating a wide range of terrorist and militant groups across the Middle East
Sinkholes on the rise across Asia: a growing danger beneath the surface
The dramatic rescue of a motorist from a sinkhole on a busy Singapore road has cast new light on an alarming trend across Asia – the increasing frequency and severity of sinkholes swallowing roads, vehicles, and in some cases entire buildings.
The top three ‘megatrends’ set to transform the Asia Pacific region
The rapid development of technologies such as generative AI and the metaverse is already changing how people in Asia Pacific live, work, socialise and shop.
Recent floods across Asia kill hundreds, leave devastation in their wake
From South and Southeast Asia to Central and East Asia, communities have been grappling with flash floods, landslides and glacial lake outbursts as warming temperatures and shifting monsoon dynamics fuel increasingly erratic weather.