An Echelon Media Company
Monday June 3rd, 2024
South Asia

IMF urges Maldives to halt money printing to keep dollar peg amid 'debt distress'

Maldives remains at high risk of external and overall debt distress

May 13, 2024 3 min read

Bhutan - Leveraging Social Media for Economic Growth

.

November 26, 2023 5 min read

Mohamed Muizzu considered pro-China wins Maldives presidential election

.

October 1, 2023 1 min read

Bhutan’s CSO face many challenges despite government recognition

In many Asian countries, civil society organizations are viewed with suspicion

June 3, 2023 6 min read
IMF urges Maldives to stop money printing to protect rufiyaa, as Sri Lanka rupee collapses

Directors advised that the MMA advances to the government be phased out to lower pressures on reserves

Bhutan’s policies need restructuring to boost economy - experts

Bhutan is graduating to middle-income status but needs modern industry to sustain it

The Maldives: Once Matriarchal Society is pushing women away from Leadership Roles

Maldivian women professionals and politicians ask, is it religion or society

November 20, 2022 6 min read

For a “New Nepal”, more youth in political leadership the need

Senior politicians control the levers of power

Arjuna Ranawana
June 2, 2022 5 min read

War in Ukraine and its implications in South Asia

.

April 11, 2022 8 min read

South Asia immigration barriers hindering industrial hub potential

It is not that the region is lacking in natural and human resources, both skilled and unskilled

September 30, 2021 6 min read

Time to build upon the COVID dividend in South Asia education

Teachers upgrade skills on their own with private sector support

Kshama Ranawana
September 22, 2021 6 min read

Moody's downgrades Maldives to Caa1, despite tourism recovery

Debt consolidation will be slow due to expansionary projects

August 29, 2021 12 min read

Maldives dollar Sukuk Islamic bond rated 'B3' by Moody's

Moody's has rated a planned US dollar Sukuk (Shariah law compliant bond) at 'B3' same as the government which will be us...

March 27, 2021 2 min read

Restarting South Asia: The Tea industry faces up to its challenges

The coronavirus pandemic wrought havoc on almost all walks of life, and the various industries ranging from commodities,...

Kshama Ranawana
March 23, 2021 6 min read

Bangladesh and Sri Lanka pledge mutual assistance on a range of issues

Sri Lanka and Bangladesh have signed 6 memoranda of understanding after Bangladeshi Prime Minister Sheikh Hasina Wazed a...

March 20, 2021 1 min read

Indian becomes the second woman to swim across the Palk Straits

A 47-year old Indian, Syamala Goli, became the second woman and 13th person to swim across the Palk Strait when she reac...

March 20, 2021 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Mahinda pledges to stand with Bangladesh

Prime Minister Mahinda Rajapaksa has stressed the possibilities of achieving closer cooperation in maritime, shipping, t...

March 20, 2021 2 min read

MR arrives in Dhaka, welcomed by Sheikh Hasina

Prime Minister Mahinda Rajapaksa will be the guest of honour at a ceremony to mark the birth centenary of the founder of...

March 19, 2021 2 min read

Prime Minister in Bangladesh on two-day visit

Prime Minister Mahinda Rajapaksa is in Bangladesh today to join celebrations connected to the hundredth birth anniversar...

March 19, 2021 1 min read

South Asia forging ahead towards renewable energy

Land-locked Nepal and the island nation of Sri Lanka are both rich in renewable resources that could be utilised for pow...

Kshama Ranawana
February 4, 2021 7 min read

Major impact on education by Covid on South Asian kids

Neighbours India and Pakistan are experiencing the impact Covid 19 has had on their education systems very differently.

Kshama Ranawana
January 28, 2021 6 min read

First Sri Lankans to be vaccinated against Covid 19 will be MPs probably on Feb 4

India’s Serum Institute’s version of the Astro-Zeneca Oxford Vaccine is being shipped free to us by India as part of...

January 19, 2021 3 min read
5

Sri Lanka, Maldives youth to get new skills to counter hate speech in social media

Social media influencers in Sri Lanka and the Maldives who are countering online hate could sharpen their skills in a pr...

January 13, 2021 2 min read

India will hold Sri Lanka to its commitments on reconciliation

Indian External Affairs Minister tells Virakesari that Sri Lanka has promised to work towards realizing the expectations...

January 12, 2021 4 min read

India’s economic recovery will benefit Sri Lanka – Dr Jaishankar

India’s Covid numbers have come down sharply and with vaccination in sight, India’s economic recovery will be “ful...

January 6, 2021 3 min read

Sri Lanka has asked India for Covid 19 vaccines - Indian FM

Sri Lanka has conveyed its interest in accessing COVID-19 vaccines from India, Delhi’s top envoy External Affairs Mini...

January 6, 2021 2 min read
1 2 3 12