The resounding defeat of a no-confidence motion against Prime Minister Ranil Wickremesinghe in Sri Lanka’s parliament provides an opportunity for its bickering leaders to reassess their priorities. However, it may not end the prevailing political uncertainty as the three-way competition among President Maithripala Sirisena, Mr. Wickremesinghe and their common rival, former … [Read more...] about Retaining confidence: on Sri Lanka surviving the no-trust vote
Economy
Uzbekistan considering simplification of customs procedures
A conference on foreign economic activity was held in the “Highway Logistics” center in Tashkent, Uzbek Business-Daily economic outlet reported. ... He added that “Purity packers” has been engaged in producing, processing and packaging tea products from China, Sri Lanka, Iran, and Indonesia for ...Source link … [Read more...] about Uzbekistan considering simplification of customs procedures
Be bold, Nepal
Nepal also has a geographical advantage, since South Asia is the fastest growing region in the world. According to the World Bank, India averaged 7.4 percent GDP growth, Bangladesh averaged 6.2 percent, and Sri Lanka averaged 5.9 percent, while Nepal managed four percent GDP growth over the ...Source link … [Read more...] about Be bold, Nepal
‘The One’, $ 500mn project to redefine city of Colombo – Hiru News
The construction of ‘The One - Sri Lanka’ which is going to be a landmark development project in Sri Lanka which would redefine the urban regeneration in the city of Colombo, is now underway.The project, which will cost over $ 500 million, will include a luxury retail mall, a commercial office complex, as well as 638 beautifully crafted apartments, and two luxury hotels with … [Read more...] about ‘The One’, $ 500mn project to redefine city of Colombo – Hiru News
🇱🇰 Sri Lanka violence hits its economy and reputation | Al Jazeera English
A nighttime curfew remains in place in the central Sri Lankan town of Kandy, as the authorities try to contain violence aimed at the Muslim community. The economy has taken a hit, and the prime minister admits his country's reputation has been tarnished. Al Jazeera's Bernard Smith reports from Kandy, Sri Lanka.- Subscribe to our channel: http://aje.io/AJSubscribe - … [Read more...] about 🇱🇰 Sri Lanka violence hits its economy and reputation | Al Jazeera English
