WHY AN ACTING PRESIDENT? Rajapaksa formally quit on Jul 14, just 32 months into his five-year term, with prime minister Wickremesinghe automatically elevated as the acting leader under the country’s constitution. Wickremesinghe is serving as a stop-gap until the 225-seat parliament elects one of its members to lead the countryContinue Reading
Climate change and the economic fallout of the pandemic are usually testing ties in the area.Continue Reading
A new research looks at the abuses of Cambodian microfinance and Laos might be hit by decreased funding for unexploded ordnance removal.
The particular post Microfinance and my own action appeared first on Southeast Asia Globe .
Social-media users are blaming the political problems on “elitist eco-friendly policies”. What is the reality?Continue Reading
The rapidly spreading demonstration — borrowers refusing for making mortgage payments on incomplete homes — threatens to rattle the Chinese financial system, says Bloomberg’s Shuli Ren.Continue Reading
Sri Lanka is continuing negotiations with China for as much as US$4 billion in aid and is confident Beijing will agree “at some point,” Bloomberg News reported on Friday (Jul 15), citing Sri Lanka’s ambassador to China. Colombo is asking China for a loan of US$1 billion to repay anContinue Reading
Parliament will certainly reconvene on Sunday and the speaker states he hopes to finish the process of selecting a brand new president in seven days.Continue Reading
The tiny Indian Sea nation is grappling with inflation, as well as fuel shortages and debt. Sri Lankans blame the country’s political elite, states a professor.Continue Reading
NUSA DUA, Indonesia: G20 fund leaders meet upon Friday (Jul 15) on the resort island of Bali, because host Indonesia attempts to find common floor in a group frayed by the Ukraine battle amid rising economic pressures from rising inflation. Russia’s intrusion of Ukraine , which the Kremlin calls aContinue Reading
PROTESTERS EXIT In Colombo, demonstrators left several of the representational state buildings that they had overrun in recent days, after Wickremesinghe instructed security allows to restore order plus declared a state associated with emergency. “We are peacefully pulling out from the Presidential Palace, the Presidential Secretariat and the Prime Minister’sContinue Reading