Tag: economy

Sri Lanka: The Great Economic Recession

Sri Lanka is witnessing the worst economic crisis in history. Varying hypotheses exist as to what brought this calamity over Sri Lanka. Internal economic policies coupled with systemic factors pushed Sri Lanka into a debt pile it does not seem to be coming out of.

Two-Day Nation-Wide Workers’ Strike in India

On the call of the Central Labor Union, India witnessed a two-day workers’ strike in almost all parts of the country. Protests were held and demands channeled. The call for the strike was given in the light of the economic policies of the government that are not benefitting the workers and contract as well as […]

Silk Route Reconnect – Pakistan and Uzbekistan Bringing Two Regions Together

Pak-Uzbek cooperation is setting new directions that hold the promise of ‘Silk Route Reconnect’. Regional connectivity has long been compromised due to instability and war in Afghanistan. With peace returning, bilateral transit trade offers endless opportunities for regional re-connect.

South Asia: In the Midst of a European Conflict

The implications of the ongoing crisis are not only limited to Europe. The Russian intervention will produce indispensable ramifications for South Asia as well. As gas and oil prices will face a surge amid the crisis in Europe, this will likely cause a severe recession for South Asian economies and will hamper the manufacturing capacities.

The QUAD

“Peace cannot be kept by force; it can only be achieved by understanding.” ~Albert Einstein

BRI and South Asia – Achieving Global Connectivity

South Asian countries attain diversities and similarities in their cultural, economic, and political patterns. However, their relations with China have developed differently which shows the distinct regional patterns of international relations.

Nepal heads towards crises as natural disasters hit the country amidst pandemic

Nepal reels as multiple disasters hit the Himalayan nation Large swathes of farmland and villages have been submerged in the southern plains, while landslides or floods have upended roads and swept away bridges across the country. Over 200 deaths due to landslides and floods triggered by seasonal rains have been recorded since late May. Kathmandu […]

Sri Lankan President Announces Support for Traditional Industries

The new Sri lankan President pledges continued support for traditional industries that form the backbone of the Srilankan economy.

Bangladesh’s Economy Likely to Recover the Quickest in South Asia

Bangladesh’s economy will recover from the pandemic faster than most other economies in South Asia, according to analysts.

Ban on Timber Trade in Nepal

Illegal logging continues to thrive in Nepal while the legally felled timber, for which tradesmen have paid taxes rots.