ECONOMIC UPDATES

Inflation expected to rise to over 30% MoM, forget about YoY

reyaz — Sun, 11 Jan 2026 14:40:15 GMT

Have you ever come a story that is intertwined with 1 or numerous stories? Well, most of you maybe aware of this disaster which is about to unfold. Silver trading has to accommodate and go around a ban on export of silver, imposed by China. The ban took effect on January 1st but the Americans made things worse by manipulating the data of demand and supply-- hence changing the price in Comex- the Chicago exchange. The news also reads how European nations participated in illegal malpractice ...

Sri Lanka Announces Auction for Domestic Dollar Bonds Worth USD 50 Million

Quibit — Mon, 24 Nov 2025 00:39:06 GMT

Colombo, Sri Lanka – The Government of Sri Lanka has officially announced the issuance of Domestic Dollar Bonds, marking a significant step in strengthening foreign currency financing within the domestic market. The Public Debt Management Office (PDMO) of the Ministry of Finance, Planning and Economic Development will conduct the auction, offering USD 50 million in Treasury Bonds denominated in US dollars. According to the announcement, bids will be accepted from 9:00 a.m. on December ...

Sri Lanka’s Contested Recovery: An Economic Brief

Quibit — Sun, 23 Nov 2025 02:07:42 GMT

Sri Lanka’s economy presents a complex and dualistic picture. Official metrics from multilateral institutions like the International Monetary Fund (IMF) and the Central Bank of Sri Lanka (CBSL) paint a portrait of a strong recovery, marked by commendable reform progress and outperforming macroeconomic indicators. However, a parallel narrative, drawn from on-the-ground analysis, points to severe underlying fragilities, a deteriorating social fabric, and significant future risks that challenge ...

Natural Gas Futures Sink 10%

Rare — Sun, 27 Apr 2025 03:01:43 GMT

https://www.naturalgasintel.com/news/prompt-month-natural-gas-futures-sink-10-as-geopolitical-risks-evaporate-midday-market-snapshot/ "Natural gas futures are trading down but off their lows in midday trading Monday, weighed down by lackluster early heating season demand and a sell-off of the global energy complex."

Global Rice prices drops

Rare — Sat, 05 Oct 2024 21:49:29 GMT

https://www.reuters.com/markets/commodities/global-rice-prices-drop-after-india-allows-white-rice-exports-2024-09-30/ MUMBAI/HANOI, Sept 30 (Reuters) - Global rice prices fell on Monday after India, the world's No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after New Delhi cut ...

Reinstatement of SLT-Mobitel's ETA System for Streamlined Visa Processing

pramu perera — Fri, 27 Sep 2024 15:19:37 GMT

Reinstatement of SLT-Mobitel's ETA System for Streamlined Visa Processing (රජය ETA පද්ධතිය) https://www.linkedin.com/posts/pramudithalakshanperera_tourism-sltda-southasia-activity-7245448427604504580-bVbF?utm_source=share&utm_medium=member_desktop

Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers

God Father — Fri, 10 May 2024 06:50:19 GMT

The pandemic and the subsequent socioeconomic crisis reversed more than a decade of gains against poverty. The World Bank estimates that the $3.65/day poverty rate rose to 25.0% in 2022 from 11.3% in 2019 and 23.8% in 2009/10 and forecasts the rate to reach 27.5% in 2024. The multidimensional vulnerability index developed by the United Nations Development Programme estimates that over half of the population faces overlapping vulnerabilities beyond income that lead them into poverty traps; 82% ...

Sri Lanka: Country Information Report

God Father — Thu, 09 May 2024 11:52:36 GMT

ECONOMIC OVERVIEW 2.9 The World Bank classifies Sri Lanka as a lower middle-income country, downgraded from upper middle-income in 2020. Gross Domestic Product (GDP) per capita was USD4,000 (approximately AUD6,000) in 2021. The Western Province is the most prosperous – the Colombo Metropolitan Region generates half of Sri Lanka’s GDP. The services and manufacturing sectors contribute over 90 per cent of total GDP and employ, respectively, 46 and 30 per cent of the labour force. ...

Sri Lanka polls could risk economic recovery

God Father — Thu, 09 May 2024 11:42:09 GMT

Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned Tuesday. His successor Ranil Wickremesinghe has introduced austerity measures including sharp tax hikes, and cracked down hard on anti-government demonstrations. Nandalal Weerasinghe said the crisis-hit economy had stabilized thanks to tough reforms prompted by an International Monetary Fund rescue package, ...

Construction Sector Boom with Purchasing manager's indices

sakuni — Thu, 18 Apr 2024 17:54:39 GMT

Purchasing Managers’ Indices indicate expansions in Manufacturing and Services activities in March 2024. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 62.5 in March 2024, indicating an expansion in manufacturing activities. This marks the highest PMI-Manufacturing that was recorded in three years. All the sub-indices expanded on a month-on-month basis contributing to this increase, mainly driven by the seasonal demand.

PSX: Bulls rule the roost

ResearchMan — Sat, 13 May 2023 09:09:48 GMT

https://www.brecorder.com/news/40238675/psx-bulls-rule-the-roost

Stocks,bond and commodities tumble

ResearchMan — Mon, 08 May 2023 14:05:07 GMT

10-year Treasury leapt 0.13 percentage points to 3.53 percent along with
rate sensitive two-year Treasury jumped 0.2 percentage points to 4.29 percent.

Did the Malaysian Capital Controls Work?

ResearchMan — Tue, 25 Apr 2023 08:28:25 GMT

Citation Rodrik, Dani, and Ethan Kaplan. "Did the Malaysian Capital Controls Work?" KSG Faculty Research Working Papers Series RWP01-008, February 2001. https://www.hks.harvard.edu/publications/did-malaysian-capital-controls-work#citation Abstract Malaysia recovered from the Asian financial crisis swiftly after the imposition of capital controls in September 1998. The fact that Korea and Thailand recovered in parallel has been interpreted as suggesting that capital controls did not play ...

Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis

ResearchMan — Sat, 11 Mar 2023 09:22:06 GMT

https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html

UK inflation: which goods and services have risen most in price?

ResearchMan — Sat, 18 Feb 2023 07:52:06 GMT

https://www.theguardian.com/business/2023/feb/15/uk-inflation-which-goods-and-services-have-risen-most-in-price [size=16][size=16]From low-fat milk to eggs, passenger transport to recreation, how costs have soared. [/size][/size] UK inflation falls but remains in double digits at 10.1% UK inflation might be easing – but don’t expect prices to fall Inflation calculator: how UK household price rises affect you [size=14][size=14]Richard Partington Economics correspondent[/size] [size=10]@RJPartington[/size] [size=10]Wed ...

‘Boring is the new sexy’ as UK’s stock index closes above 8,000 for the first time

ResearchMan — Sat, 18 Feb 2023 07:35:43 GMT

https://www.cnbc.com/2023/02/17/uk-stock-index-ftse-100-closes-above-8000-for-the-first-time.html

Egg prices touch record high in India

ResearchMan — Sat, 18 Feb 2023 05:18:44 GMT

https://www.zeebiz.com/india/news-egg-prices-touch-record-high-heres-what-causing-the-surge-218754

Fed officials say more rate hikes key to reducing inflation

ResearchMan — Sat, 18 Feb 2023 02:26:03 GMT

https://www.reuters.com/markets/rates-bonds/feds-mester-says-more-rate-hikes-needed-combat-inflation-2023-02-16/ https://www.reuters.com/markets/us/goldman-sachs-now-expects-three-more-fed-rate-hikes-2023-2023-02-17/ Goldman Sachs, BofA expect three more U.S. rate hikes this year

Visualizing 2023: Trends to Watch

God Father — Mon, 16 Jan 2023 06:48:39 GMT

Five CFR fellows highlight in charts and graphs some of the most pressing trends to follow in 2023, including the Asia-Pacific’s arms race, the changing relationship between India and Russia, and worsening brain drain in sub-Saharan Africa. [size=30]Food Price Inflation[/size] Food insecurity was a persistent problem in 2022 and, without concerted international efforts to tackle it, will continue to be so in 2023. Over 820 million people—more than 10 percent of the world’s ...

Central Banks Got it Wrong

target1 — Sun, 21 Aug 2022 08:33:17 GMT

More Problem Than Solution Central banks won multiple plaudits for being the “only game in town” when crises hit. In the wake of the financial crisis of 2008 and pandemic of 2020 they were the fastest to erect defenses around their economies. So it will prove a shock that many now blame them for being more problem than solution as soaring inflation proves the greatest challenge to the global economic outlook. The result is a scramble to catch up. Today alone… The US Federal ...

Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders

Asoka Samarakone — Sat, 06 Aug 2022 06:24:48 GMT

Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders Day traders buy a stock at one point during the day and then sell out of the position before the market closes. If the stock's price rises during the time the day trader owns it, the trader can realize a short-term capital gain. Make several trades each day and have each position closed by the end of the market day. Don’t care if the markets are going up, down or sideways. ...

How economics could get better at solving real world problems

target1 — Mon, 18 Jul 2022 08:19:52 GMT

https://www.smh.com.au/business/the-economy/how-economics-could-get-better-at-solving-real-world-problems-20210131-p56y5e.html The study of economics has lost its way because economists have laboured for decades to make their social science more mathematical and thus more like a physical science. They’ve failed to see that what they should have been doing is deepening their understanding of how the behaviour of “economic agents” (aka humans) is driven by them being social animals. In ...

7 ways policymakers should respond to the cost of living crisis

target1 — Mon, 11 Jul 2022 22:42:10 GMT

https://www.opendemocracy.net/en/oureconomy/how-policymakers-should-respond-to-cost-of-living-crisis/

Biggest bankruptcies of the past 35 years

target1 — Mon, 11 Jul 2022 02:27:50 GMT

https://stacker.com/stories/2131/biggest-bankruptcies-past-35-years [size=15]When a company finds itself unable to pay its creditors, it may have no other alternative but to file for bankruptcy. This process is designed to help organizations pay off their debts under the supervision of a federal court. Contrary to popular belief, filing for bankruptcy doesn't always spell financial ruin for a company. In fact, many successful corporations and brands have filed as a way to reorganize their ...

What can the private sector do for ecological sustainability?

target1 — Sun, 10 Jul 2022 08:20:51 GMT

https://web.mit.edu/urbanupgrading/urbanenvironment/issues/ecological-sustainability.html Private enterprise as an environmental villain Private enterprise, and industry in particular, has long been criticised for sacrificing the environment to the pursuit of profits. For many critics, the polluted industrial city symbolises this environmental disregard, with its factories consuming scarce natural resources, and then belching out smoke, pouring out liquid effluents, and dumping hazardous ...

Free Market Capitalism vs. Crony Capitalism

target1 — Tue, 28 Jun 2022 21:00:54 GMT

Hugh rich and poor gap has created in Asian developing countries through crony capitalism. https://newmedia.ufm.edu/video/capitalism-true-and-false-free-market-vs-crony-capitalism/ Capitalism, True and False: Free Market vs. Crony Capitalism It is the traditions of crony capitalism, that has condemned the true capitalism. Crony capitalism is the use of political means to achieve economic ends through the use of government intervention, regulation or redistribution of income to acquire ...

Container shipping stocks routed

target1 — Fri, 24 Jun 2022 08:02:45 GMT

https://www.tradewindsnews.com/containerships/container-shipping-stocks-routed-as-recession-fears-rise/2-1-1243749 Container shipping stocks routed as recession fears rise

Supply Chain Latest: Ocean Freight Rates Are Falling

target1 — Fri, 24 Jun 2022 07:56:54 GMT

https://www.bloomberg.com/news/newsletters/2022-06-23/supply-chain-latest-ocean-freight-rates-are-falling

Companies See Relief in Falling Spot Rates for Transpacific Freight

Turkish ship leaves Ukraine's Mariupol after grain talks with Moscow

target1 — Fri, 24 Jun 2022 05:59:46 GMT

https://www.geo.tv/latest/423757-turkish-ship-leaves-ukraines-mariupol-after-grain-talks-with-moscow

This week's CBOT corn, soy freefalls hard to match in recent years

target1 — Fri, 24 Jun 2022 04:27:00 GMT

https://www.nasdaq.com/articles/column-this-weeks-cbot-corn-soy-freefalls-hard-to-match-in-recent-years-braun
COLUMN-This week's CBOT corn, soy freefalls hard to match in recent years -Braun

Learn how a fixed exchange rate system can be used to reduce inflation.

target1 — Thu, 23 Jun 2022 10:05:03 GMT

https://saylordotorg.github.io/text_international-finance-theory-and-policy/s16-03-inflationary-consequences-of-e.html#:~:text=If%20floating%20exchange%20rates%20are,with%20the%20increase%20in%20money. 13.3 Inflationary Consequences of Exchange Rate Systems [list=orderedlist][*]Learn how a fixed exchange rate system can be used to reduce inflation. [/list] One important reason to choose a system of fixed exchange rates is to try to dampen inflationary tendencies. Many countries have ...

Could Declining Freight Rates Ease Promo Product Price Pressure?

ResearchMan — Sat, 18 Jun 2022 05:41:55 GMT

https://www.asicentral.com/news/newsletters/promogram/june-2022/could-declining-freight-rates-ease-promo-product-price-pressure/

Malaysia’s Ministry Of Tourism, Arts and Culture aims to attract over 2 million international tourists this year

target1 — Sun, 12 Jun 2022 06:27:44 GMT

Malaysia has officially reopened its borders to international tourists starting 1st April 2022. Targeting to attract more than 2 million international tourists this year, Tourism Malaysia, the promotional board under the Ministry of Tourism, Arts and Culture (MOTAC), will embark on a continuous effort to showcase the country’s unique blend of “Truly Asia” heritage to the Middle East and the world. Earlier during the pandemic, Tourism Malaysia launched the campaign #WeMissYou, ...

France’s tourism sector poised to surpass pre-pandemic levels in 2023

target1 — Sun, 12 Jun 2022 06:21:57 GMT

The World Travel & Tourism Council (WTTC) has revealed the travel and tourism sector in France will propel the national economic recovery and could even surpass pre-pandemic levels next year, when it is projected to rise 2.2% above 2019 levels. The forecast from WTTC’s latest Economic Impact Report (EIR) shows the sector’s contribution to GDP could reach more than €216 billion by next year. Employment within the sector could also exceed 2019 levels, creating almost 90,000 ...

Attracting quality foreign direct investment in developing countries

target1 — Sun, 12 Jun 2022 06:18:53 GMT

Foreign direct investment (FDI) in developing countries has a bad reputation. In some discussions, it is presented as tantamount to postcolonial exploitation of raw materials and cheap labour. However, recent data shows that FDI in developing countries increasingly flows to medium and high-skilled manufacturing sectors, involving elevated income levels (Figure 1). What’s more, many emerging economies have built their growth on FDI flows. Quality FDI The trick is to attract “quality ...

Is Nigeria’s $25bn Diaspora Remittance A Sign Of Mediocrity?

target1 — Sun, 12 Jun 2022 06:18:13 GMT

There has been this argument on social media about whether Nigeria should actually ‘breed’ graduates to send abroad to earn dollars and grow diaspora remittances. I am on the opposite side of that argument, even though it is a complicated one. The idea is that like The Philippines, we should send many more people out. If you visit the UAE for example, you will see many Filipinos working in services. They are excellent at it. And so, there are folks in Nigeria – especially ...

Putin says Russia ‘ready’ to allow Ukraine grain exports

target1 — Tue, 31 May 2022 07:43:35 GMT

https://www.aljazeera.com/news/2022/5/28/putin-russia-ready-to-ship-grain-stuck-in-ukraine-ports Putin says Russia ‘ready’ to allow Ukraine grain exports https://www.reuters.com/markets/commodities/turkey-talks-with-russia-ukraine-over-grain-export-corridor-senior-official-2022-05-26/ Turkey in talks with Russia, Ukraine over grain-export corridor ANKARA, May 26 (Reuters) - Turkey is in negotiations with Russia and Ukraine to open a corridor via the Bosphorus for grain ...

OPA’s voice on way forward to address Sri Lanka’s agriculture and food production crisis

target1 — Sun, 29 May 2022 06:53:19 GMT

https://www.ft.lk/business/OPA-s-voice-on-way-forward-to-address-Sri-Lanka-s-agriculture-and-food-production-crisis/34-735432

How rainfalls affect the economic growth of South Asian Countries

CHRONICLE™ — Sat, 28 May 2022 03:56:47 GMT

A monsoon is a seasonal change in the direction of the prevailing, or strongest, winds of a region. Monsoons cause wet and dry seasons throughout much of the tropics. Monsoons are most often associated with the Indian Ocean. Monsoons always blow from cold to warm regions. The summer monsoon and the winter monsoon determine the climate for most of India and Southeast Asia. Summer Monsoon The summer monsoon is associated with heavy rainfall. It usually happens between April and September. ...

Finance Minister Ravi Karunanayake The ‘Best Finance Minister

ResearchMan — Thu, 26 May 2022 09:20:50 GMT

The prestigious Banker Magazine presented Finance Minister Ravi Karunanayake the 'Best Finance Minister of the Year 2017 - Asia Pacific Region Award' at the Financial Times Headquarters in London on 24 March 2017. [size=13]The award was conferred on Sri Lanka for its efforts to take the country towards new economic reforms and changing public attitudes in support of such goals. Presenting the award, Chief Editor of The Banker, Brian Caplen stated that the Finance Minister was able to prevent ...

Five Reasons You Should Blame The Economics Discipline For Today's Problems

target1 — Fri, 13 May 2022 13:06:55 GMT

source: https://www.forbes.com/sites/johntharvey/2016/10/31/five-reasons-you-should-blame-economics/?sh=2507a9b6cccd This ended up being a pretty long piece so, for the "tl;dr" people, here is a quick summary: We are experiencing deep economic problems and it is the fault of the economics discipline. Their macro theories suck. But, there is no mechanism forcing it to alter its models when they don’t appear to work. This is so because economists basically write for each other in a language ...

Was Malaysia right to avoid IMF assistance

target1 — Mon, 02 May 2022 09:15:04 GMT

Ref: http://www5.austlii.edu.au/au/journals/UNSWLRS/2017/41.pdf AROSS P. BUCKLEY AND SARALA M. FITZGERALDN ASSESSMENT OF MALAYSIA’S RESPONSE TO THE IMF DURING THE ASIAN ECONOMIC CRISIS Conclusions: [size=16]Malaysia’s economic policies during the Asian crisis, on balance, delivered slightly better, and certainly no worse, economic results than those in countries under IMF programs. It has been argued that Malaysia would have fared even better with IMF assistance, because ...

Short-Term Capital Controls and Malaysia’s Fast Recovery after the East-Asian Crisis

target1 — Sun, 01 May 2022 09:39:40 GMT

https://www.cambridge.org/core/books/abs/sovereign-debt-crises/shortterm-capital-controls-and-malaysias-fast-recovery-after-the-eastasian-crisis/0C777501D95A64DD26B57B4DA3751B70 Summary Abstract [size=18]This chapter shows in detail the remedies used by Malaysia during the East-Asian Crisis, which helped the economy to recover quickly, leading to a V-shaped recovery. Being part of the so-called East-Asian Miracle, Malaysia suffered from the outbreak of the East-Asian Crisis in 1997 and was ...

Rupee should be fixed temporally $ 225-250

target1 — Sun, 01 May 2022 09:36:43 GMT

This can drive out currency speculators.

Win-win situation for both imports and exports. (In the current scenario only exporters and speculators are getting bigger margin)

Some remedy for inflation.

Contrary to some experts' suggestions dollar didn’t stabilize despite floating.

Any ideas!

Greek companies thriving in the crisis

target1 — Thu, 14 Apr 2022 06:57:13 GMT

https://www.cnbc.com/2015/05/19/greek-crisis-firms-thriving-in-the-economic-drama.html

How Gold Rode To The Rescue Of South Korea

target1 — Wed, 13 Apr 2022 08:42:37 GMT

https://www.forbes.com/sites/greatspeculations/2016/09/27/how-gold-rode-to-the-rescue-of-south-korea/?sh=3cbf293f33d3 Nineteen years ago, South Korea came precipitously close to bankruptcy. The Asian financial crisis had spread like a virus. Thailand, Malaysia, Singapore and other Southeast Asian countries were all affected, inciting fears of a global economic meltdown if the crisis couldn’t be contained. Before 1997, South Korea had been held up as a textbook example of economic ...

How Iceland Dealt with a Volcanic Financial Meltdown

target1 — Wed, 13 Apr 2022 07:09:24 GMT

https://knowledge.wharton.upenn.edu/article/icelands-economic-recovery/#:~:text=When%20you%20run%20away%20from,nine%20years%20after%20the%20crash.

How Malaysia. Weathered the. Financial Crisis:. Policies and. Possible Lessons

target1 — Wed, 13 Apr 2022 06:59:33 GMT

http://www.nsi-ins.ca/wp-content/uploads/2012/09/2012-How-to-prevent-the-next-crisis-Malaysia.pdf

31 countries plan a big release of emergency oil

target1 — Thu, 07 Apr 2022 21:03:51 GMT

https://www.npr.org/2022/04/06/1090814180/iea-emergency-oil-release-gasoline-prices-spr

Did the Malaysian Capital Controls Work?

target1 — Tue, 15 Mar 2022 08:05:09 GMT

Citation Rodrik, Dani, and Ethan Kaplan. "Did the Malaysian Capital Controls Work?" KSG Faculty Research Working Papers Series RWP01-008, February 2001. Abstract Malaysia recovered from the Asian financial crisis swiftly after the imposition of capital controls in September 1998. The fact that Korea and Thailand recovered in parallel has been interpreted as suggesting that capital controls did not play a significant role in facilitating Malaysia's rebound. However, the financial crisis ...