Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling...
The Parliamentary Council decided to concur with the recommendation to appoint Anthony Nihal Fonseka as a member of the Monetary...
Sri Lanka is looking to fast-track talks with the International Monetary Fund and agree on a loan by mid-June so...
A groundbreaking initiative launched today at the World Economic Forum Annual Meeting in Davos 2022 aims to greatly reduce the...
The Management of Sri Lanka Ports Authority (SLPA), the terminals Colombo International ContainerTerminals Ltd (CICT), South Asia Gateway Terminals (Pvt)...
The Chairman of the Colombo Stock Exchange (CSE) Dumith Fernando who has served in this role since July 01, 2020,...
Sri Lanka’s Key Legislative Committee summons CBSL Governor, Treasury Secretary, and other officials
The Committee on Public Finance (COPF), chaired by Anura Priyadarshana Yapa, Member of Parliament, yesterday (19) decided to summon the...
The Group of Seven economic powers support efforts to provide debt relief for Sri Lanka, G7 finance chiefs said on...
(BBC) : Sri Lanka has defaulted on its debt for the first time in its history as the country struggles...
(AP) - Sri Lanka's new prime minister on Monday proposed privatizing the country's loss-making national airline as part of reforms...
The five-time former Sri Lankan Prime Minister Ranil Wickremesinghe took his oath before President Gotabaya Rajapaksa in a ceremony at...
United Kingdom (UK)-based award-winning specialists in boutique holidays , Asia specialist Experience Travel Group has amended its Sri Lanka program to avoid...
By Roshini Kapur Sri Lanka is once again at the forefront of breaking news. The country is experiencing its worst economic crisis...
Alarmed by the violent attacks on protestors outside Temple Trees and at Galle Face, Sri Lanka's Premier Business Chamber, Ceylon...
ICRA Lanka expects the current challenging operating environment to exert pressure on the asset quality levels of Sri Lanka's banking...
(AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop with U.S. homebuyers paying...
Sri Lanka's state-owned petroleum corporation on Thursday re-introduced fuel rationing for vehicles, as the worst economic crisis in decades roils...
Sri Lanka will seek additional loans of $300 million to $700 million from the World Bank, the island’s finance minister...
Sri Lanka’s inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) has increased...
Embassy of Sri Lanka in Beijing in collaboration with the China Sri Lanka Association for Trade and Economic Cooperation (CSLATE)...
In one of the first, the Central Bank of Sri Lanka (CBSL) published the weighted average yields (WAY) of the...
While external debt restructuring remains a top priority for the Sri Lankan government, domestic debt inthe form of Government securities...
by Asanga Abeyagoonasekera There have been multiple debt trap myth-busting articles; the Chinese embassy in Sri Lanka endorsed some. The article by...
Several banking trade unions including the Ceylon Bank Employees’ Union are on strike today. (28) The strike action is to...
The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption...
COPE Chairman Prof. Charitha Herath stressed that state institutions should be prepared to send a significant portion of their earnings...
The Sri Lankan stock market shut early for a second straight day after a steep fall led by its biggest...
The Chairman of the Committee on Public Enterprises Prof. Charitha Herath on Monday recommended to Sri Lankan Airlines postpone the...
Chinese Ambassador to Sri Lanka Qi Zhenhong said that China was concerned over Sri Lanka’s decision to default on its...
Teachers’ and Principals’ unions are on an island wide token strike on Monday (25). This island wide strike is staged...
Opportunities for Sri Lankan citizens in the Russian Labor market were discussed on April 13 at a meeting of the...
Minister of Foreign Affairs, Professor G.L. Peiris met with the Ambassador of China, Qi Zhenhong, on 21 April, 2022 at...
Sri Lanka has recorded a year-on-year inflation of 21.5% in the month of March according to Sri Lanka’s National Consumer...
The World Bank on Tuesday expressed their support to Sri Lanka during a meeting with Finance Minister Ali Sabry in...
The Committee on Public Accounts made recommendations to the officers of the Excise Department to expedite the preparation of the...
The Sri Lanka rupee has further depreciated against the US Dollar, the Central bank of Sri Lanka (CBSL) said. The...
Issuing a new direction, the Central Bank of Sri Lanka (CBSL) allowed the country's Finance Companies (NBFI)to set the ceiling...
(Thomson Reuters Foundation) - It is hard to know how much Sri Lankan forest has been cut down as fuel...
(Reuters) - Sri Lankan police fired live ammunition to scatter protesters on Tuesday, killing one person and injuring a dozen...
(PTI) - India is working on a strategy to fill the supply gaps that have opened up in the global...
By Imesha Dissanayake We often ask the question as to why Sri Lanka should decarbonise when our carbon emissions are...
Ceylon Petroleum Corporation (CPC) has increased fuel prices effective from midnight April 18. 92 Octane Petrol : Increased by Rs....
Lanka IOC has again increased the prices of petrol and diesel with effect from midnight yesterday. Accordingly, the price of...
With the phaseout of moratoriums and other relief measures, World Bank (WB) expects a sizeable deterioration in the asset quality...
(DW) -Sri Lanka will temporarily halt foreign debt payments, its central bank governor said on Tuesday, as the country's buckling economy was...
In responding to the sharp 700 basis point increase in policy interest rates last week, Treasury Bill(T-Bill) yields at the...
US Dollar rate continues to rise at local banks with the economic crisis Sri Lanka is currently facing. Several licensed...
World-renowned tea producer Dilmah is looking to expand its business by 50 percent in the next five years, as it...
A delegation from the U.S. Department of State visited Sri Lanka from April 3-8, 2022, to review U.S.-funded demining projects...
Amana Bank crossed the Rs. 100 billion milestones in Customer Deposits as of Q1 2022 thereby becoming one of the...
Sri Lanka Central Bank printed the highest reported amount of money on Wednesday, which is 119.08 billion rupees. Accordingly, the...
A shipment worth 36,000 MT petrol and 40,000 MT diesel has been delivered to Sri Lanka within the last 24...
Protracted political uncertainty in Sri Lanka is likely to hinder progress in obtaining external financingfrom key development partners or attracting...
FCCISL is highly concerned about the mass unrest and certain violent activities that took place, last week.FCCISL is of the...
With the need for a proactive approach becoming increasingly evident in the face of mounting socio-economic challenges, a dialogue on...
The International Monetary Fund (IMF) issuing a statement has said that it continues to monitor the economic development of Sri...
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin last week stressed the need for signing...
(Reuters Breakingviews) - Sri Lanka’s collapse is front of mind for many. Protesters fed up with crippling shortages of essential food...
We represent the product, services, and startup companies of the ICT ecosystem in Sri Lanka. This community is a free...
Expressing serious concerns on the continuous deterioration in the fuel and electricity availability in the country, hampering daily operations of...
By Wilmer Cutler Pickering Hale and Dorr LLP On March 18th, 2022, Sri Lanka enacted the Personal Data Protection Act, No....
(Xinhua) -- Sri Lanka has offered greater use of the Colombo Port by Bangladesh for the country's export and import...
Ceylon Electricity Board Engineers’ Union (CEBEU) announced that they are against the signing of two Memorandums of Understanding with Adani...
Due to unavailability of fuel stocks, Ceypetco has requested the public not to queue up at filling stations for diesel...
Bangladesh is looking into cash-strapped Sri Lanka's request for another swap of $250 million, but no decision has been made...
India and Sri Lanka have signed an agreement on implementing hybrid power projects on three Sri Lankan islands off northern...
(Reuters): India, China, and Bangladesh have stepped in to help Sri Lanka weather a foreign exchange shortage that has forced...
During a meeting with President Gotabaya Rajapaksa, United States Ambassador to Sri Lanka and Maldives, Julie Chung has praised the government’s...
The Committee on Public Corporations (COPE) revealed that 47 individuals had obtained Rs.68 million worth of loans from the State...
Sri Lanka’s gold price continues to rise and the price of 24-carrot gold was listed as Rs. 185,000. The price...
(Reuters): Sri Lanka has sought an additional credit line of $1 billion from India to import essentials amid its worst...
The International Monetary Fund (IMF) cautioned the Central Bank of Sri Lanka (CBSL) that the debt overhang and the persistent...
According to data from the Department of Immigration and Emigration, in 2022 alone, 161,394 passports have been issued up to...
Lack of fuel has disrupted operations at several power plants in Sri Lanka leading to an extension of power cuts....
Sri Lanka will hire a global law firm to provide technical assistance on debt restructuring ahead of talks with the...
(PTIA) : Sri Lanka's parliament on Tuesday approved amendments to the country’s controversial anti-terrorism law, which has been criticized internationally...
The Chairman of the Ceylon Chamber of Commerce, Vish Govindasamy thanked the Government and the people of India for coming...
Sri Lanka’s central bank said it has issued a 20 rupee coin commemorating the 150th anniversary of the Faculty of...
Sri Lanka has sought a $1 billion loan and $1.5 billion credit line from China amidst the ongoing crisis after...
Speaker of Parliament, Mahinda Yapa Abeywardena on Wednesday endorsed the certificate on the Intellectual Property (Amendment) Bill which was taken...
London and Nigeria-based Cross-border B2B payments and foreign exchange platform Verto has included Sri Lankan Rupee (LKR) allowing its customers to make...
The Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this...
Despite unprecedented challenges faced due to the pandemic resulting in volatility and economic slowdown, DFCC Bank Group has recorded a...
Sri Lanka's largest private sector bank, Commercial Bank of Ceylon is planning to set up a fund management subsidiary in...
The Ministerial Consultative Committee on Lands agreed to submit two regulations pertaining to the Land Development Ordinance to Parliament for...
Sri Lanka is expecting the earnings from tourism to play a significant role in driving the recovery of Sri Lanka’s...
We are only a month away from Sinhala and Tamil New year celebrations and the country’s economic outlook seems grim...
Sri Lanka’s central bank will revise up ceiling interest rates on credit card loans and temporary overdrafts now after policy...
Sri Lanka's tourism earnings reached a new post-pandemic high of $314.5 million in February before Ukraine-Russia hits the arrivals. The...
(Reuters): Sri Lanka will begin talks with the International Monetary Fund (IMF) next month on a plan to help the...
Seventeen Ambassadors and High Commissioners to Sri Lanka gathered in Colombo on Friday to stand together as an expression of...
Reuters: Sri Lanka has limited imports of 367 non-essential items, including fish, footwear, and wine, the finance ministry said on...
The Ceylon Chamber of Commerce notes with serious concern the adverse effects brought on its members and all sectors of...
IFC has appointed Lisa Kaestner as the new Country Manager for Sri Lanka and Maldives. Based in Colombo, Kaestner will...
By First Capital Research Sri Lanka as a country with strong diplomatic and trading ties with Russia is required to...
The Bank for International Settlements (BIS) today launched a new green bond fund dedicated to helping finance investments in green...
The Central Bank of Sri Lanka (CBSL) has exhausted $407.76 million in January to maintain the official exchange rate at...
Ambassador Julie J. Chung officially began her tenure as the U.S. Ambassador to Sri Lanka today after presenting her credentials...
By Imesha Dissanayake The Government of Sri Lanka (GoSL) has very ambitious plans for the country’s economic transformation including an...
By Shakthi De Silva, Bandaranaike Centre for International Studies Sri Lanka teeters on the edge of a grim economic precipice,...
(Gulf News) : The Ceylon Tea Bureau has had an office in Dubai for more than 20 years to ensure...
By Global Strat View Analysis Sri Lanka’s financial crisis was brought to light when the Sri Lankan government declared a...
By Asanga Abeyagoonasekera To ease the pressure from Beijing, the day before the Chinese Foreign Minister Wang Yi visited Sri...
A medical faculty is to be established at the University of Moratuwa to support the human capital, social & economic...
(AFP ) : Supermarket shelves are bare and restaurants can’t serve meals, but Sri Lanka’s economic crisis is a bonanza for...
(AsiaNews) : Sri Lanka is facing a food crisis with a shortage of rice in many areas, which will be...
By Minoli de Soysa , Hannah Ellis-Petersen Sri Lanka is facing a deepening financial and humanitarian crisis with fears it could go...
Sri Lanka's merchandise exports to India increased by a record 34.84% to $815.11 million in 2021. India retained its position...
Foreign Minister Prof. G.L. Peiris underscored the ‘warm, cordial and mutually supportive partnership’ existing between Sri Lanka and Turkey at...
Sri Lanka's cumulative trade deficit crossed the $7 billion mark in the the-11-months period ending in November last year despite...
The Central Bank of Sri Lanka (CBSL) estimates the economy to have recovered by 4 percent in 2021. As per...
The U. S. government’s Agency for International Development (USAID) launched a free online mentoring platform today to connect emerging entrepreneurs...
By Dushni Weerakoon Sovereign debt restructuring can be pre-emptive or post-default. A default is inherently costly as it can result...
(PTI) : Sri Lanka is looking at getting a US$500 million fuel credit line from India even as both sides...
Aiming to further strengthen friendly ties between Sri Lanka and Pakistan and enhance bilateral trade relations between the two countries,...
U.K tea, coffee, and botanical extracts supplier Finlays is selling its Sri Lankan tea estates to Browns Investments. The deal...
(Indian Express): As Sri Lanka battles to revive its Covid-battered economy, New Delhi and Colombo have agreed on a four-pronged...
The upcoming Sri Lanka Economic Summit 2021, the foremost and most anticipated economic event of Sri Lanka, will be inaugurated...
(SCMP): As Sri Lanka’s short-lived plan to transform itself into an “organic utopia” collapsed last month, a diplomatic dispute with China over a...
Sri Lanka''s inflation measured by Colombo Consumer Price Index (CCPI) hit an eight and half years-high of 9.9% from a...
By Policy Research Group Strategic Insight (POREG) Nine months ago, on the 8th of April, the Colombo Port City Economic Commission...
Sri Lanka's Workers' remittances Inflows declined by 49.7% on a Year-on-Year basis to $317.4 million in October this year in...
DFCC Bank, one of the premier commercial Banks in Sri Lanka, in its pathtowards securing a resilient nation through the...
In a significant breakthrough in the performance of its vein graphite anode material in full cells for the lithium-ion (“Li-ion”)...
(Reuters) – Sri Lanka is confident of not defaulting on its debt repayments and will work on gradually improving the...
(AFP): Sri Lanka slapped a tax on road accidents in a drastic austerity budget unveiled Friday as the country faces...
The real wages of formal private-sector workers has grown by 58.6% during the first eight months of this year (2021)...
By Dr.Chulanee Attanayake On 30 September, Adani Group, India’s largest private port operator, signed what has been reported as a US$700...
by Jon Grevatt & Andrew MacDonald Sri Lanka's defence budget is forecast by Janes to increase by an average of 2%...
The U.S. Agency for International Development (USAID) has announced the launch of a new, five-year, $49 million initiative, the South...
Ceylon Electricity Board Engineers’ Union (CEBEU) issuing a Statement on Saturday announced that CEB engineers have resorted to a trade...
Colombo-based Think Tank, Verité Research-backed re-introduction of With Holding Tax (WHT) on Interest Income, Property Taxes and Taxes on Negative...
“Sri Lanka dumps Chinese fertilizer and imports Nano Nitrogen liquid fertilizer from India,” screamed a Colombo media headline a few...
The Bank for International Settlements (BIS) today announced the development of an Asian Green Bond Fund, in collaboration with the...
In anticipation of the growing post-COVID retail market, ODEL PLC, a subsidiary of Softlogic Holdings plans to open the doors of its landmark...
AFP : Sri Lankan President Gotabaya Rajapaksa admitted his government is "not delivering" as shortages persist of food, medicines and...
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), eased off to...
By Fermin Adriano Sri Lanka is experiencing a food and economic emergency. Just a decade ago, the country emerged victorious...
India and Taiwan are in talks on an agreement that could bring chip manufacturing to South Asia along with tariff...
Teardrop Hotels, a chain of luxury boutique hotels in Sri Lanka has appointed BRANDit, a specialist in tourism marketing, as...
Russia will increase the number of regular flights to Kyrgyzstan, the United Arab Emirates (UAE), Japan, Uzbekistan and Tajikistan, Bahrein...
Medical Joyworks, LLC—Sri Lankan-based start-up in ed-tech solutions for medical professionals and organizations—was granted an ex-parte ad-interim injunction as part...
Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute...
The largest leisure, travel, and tourism company, TUI Group canceled tour packages to Sri Lanka until the 21st of October....
By Asanga Abeyagoonasekera Basic human rights and liberal democracy are dismissed by the autocratic leadership in Sri Lanka. Such circumstances...
Financial markets around the world had their worst day in weeks on Monday, as worries about embattled Chinese property developer...
The current restrictions on the current account and capital account are likely to further worsen Sri Lanka's balance of payment...
Sri Lanka recorded the highest money printing surge during the short tenure of the Central Bank of Sri Lanka (CBSL)...
Bilateral trade between Sri Lanka and Maylasia steeply declined to $600 million in 2020 due to the COVID-19 pandemic and...
The secondary market yield curve of government securities witnessed an upward shift in the midst of growing selling pressure from...
The Central Bank of Sri Lanka (CBSL) requested licensed commercial banks and licensed specialized banks (licensed banks) to consider extending...
Samsung, the No. 1 smartphone brand in Sri Lanka, announced its partnership with Dialog Axiata PLC, Sri Lanka’s premier connectivity...
SriLankan Airlines, the National Carrier of Sri Lanka and a member of oneworld alliance, in a bid to promote greater...
The Ceylon Chamber of Commerce (CCC) in collaboration with the Australian Government-funded Market Development Facility (MDF) will host a series...
by Emily Carll Unless India and the other Quad members provide assistance to Sri Lanka to counterbalance its dependence on...
Sri Lanka's unemployment rose to back 5.7 per cent in the first quarter of this year from 5.2 per cent...
By Imesha Dissanayake State-Owned Enterprises (SOEs) have many definitions to it, often entailing a definition of a legal entity engaged...
By Asanga Abeyagoonasekera In early June, President Biden, under an executive order, essentially blacklisted Chinese firms by prohibiting US investments in certain...
(AFP) : Sri Lanka's government ordered an investigation Tuesday into sexual harassment in the media after a string of #MeToo...
The coronavirus crisis has indicated a major twist in the approaches utilized by the corporate work setting all around the...
Leading Capital Market expert Bimanee Meepagala has joined CT CLSA Holdings Group's Comtrust Asset Management (Comtrust) as its new Chief...
Indian power exchanges eyes to host a larger number of buyers and sellers from neighboring countries including Sri Lanka with...
United States President Joe Biden has nominated foreign service woman diplomat Julie Chung as the country's envoy to Sri Lanka. Currently...
(Reuters) : The Group of Seven richest democracies sought on Saturday to counter China’s growing influence by offering developing nations...
The American people are providing $100,000 in immediate assistance to support response efforts to the MV X-Press Pearl ship fire. The MV X-Press...
Sri Lanka's top mobile money operators (MNOs) Ez Cash and mCash has joined Telcoin, an emerging blockchain-powered fintech service provider's digital money...
Sri Lanka's Board of Investment (BOI), Chairman, Sanjaya Mohottala highlighted that the country has emerged as the most ethical sourcing...
By Daniel Uribe At the South Center The Intergovernmental Working Group (IGWG) on the Right to Development met virtually for its...
Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) yesterday announced that Bharat Parashar has decided to retire...
By Sathiya Moorthy In light of the Sri Lankan Parliament passing a new legislation for China’s near-complete control in an ongoing Special...
In a first for Sri Lanka, the University of Moratuwa (UoM) formulated a Product Commercialization policy with a view to...
The Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange is all set to unveil the...
China-backed international Financial Center of the Colombo Port City (CPC) has been proposed to get connectivity to some of Colombo...
Amid renewed interest among various stakeholders, the Green Energy Champion (GEC) 2021 which was launched earlier this year got off...
Sri Lankan government debt is leading gains in Asian dollar bonds this year as investors bet that the nation will...
Telecommunications operators in Sri Lanka have been increasingly moving away from net neutrality, the principle that traffic on the Internet...
The World Economic Forum today released Digital Assets, Distributed Ledger Technology, and the Future of Capital Markets. Across the capital markets ecosystem,...
Despite a slight decline in foreign debt, Sri Lanka's outstanding central Government debt rose to 101 percent of Gross Domestic...
Sarath Bandara Rangamuwa has been promoted to the top spot of Sri Lanka's Pan Asia Banking Corporation PLC with effect...
(Reuters): President Joe Biden took aim at China in his first speech to Congress on Wednesday, pledging to maintain a...
The Asian Development Bank’s (ADB) flagship annual economic publication, the Asian Development Outlook (ADO) 2021, forecasts a significant rebound in Sri...
By N. Sathiya Moorthy Even as Sri Lanka, like much of the rest of the world, is plagued still by...
The Asian Development Bank (ADB) and The Nature Conservancy (TNC) today agreed to a new partnership for action on nature-positive...
By ARTECULATE The loss of vegetation has been a growing concern to the island of Sri Lanka. Its forest coverage...
The International Air Transport Association (IATA) expects net airline industry losses to be contained to $47.7 billion in 2021 with...
The Belt and Road Initiative (BRI) has become an extension of the Chinese economic nervous system growing out of the...
In order to provide flexibility for Licensed Finance Companies (LFCs) to obtain low-cost funding from foreign sources to support their...
Themed “Sri Lanka – Asia’s Next Growth Haven”, the Sri Lanka Investment Forum (SLIF) 2021 jointly organized by the Board...
The Central Bank (CB) issued a stark warning on Crypto investmets, streessing that citizens who purchase crypto from exchanges outside...
Despite the heavy toll of the COVID-19 pandemic on Sri Lanka’s economy and the lives of its people, the economy...
Malaysia, which plans to accelerate its digital transformation through the rollout of 5G, stands to gain from Ericsson, which has...
The Central Bank of Sri Lanka (CBSL) has commenced payment of the increased compensation amount of Rs 500,000/- under the...
Debt-distressed countries will not be saved by the IMF’s $650 billion currency boost, economist says
CNBC: The International Monetary Fund (IMF) looks set to issue $650 billion in currency aid to countries hit hard by...
Sri Lanka's President Gotabaya Rajapaksa has assured the willingness to expand cooperation with China in infrastructure construction, tourism, and other...
Sixty CEOs with the Federation of Indian Chambers of Commerce & Industry (FICCI) have started a new program call “SHINE...
Ceylon Graphite Corp. announced it had opened an office in the United Kingdom (UK) to advance its strategic interests in...
(Bloomberg) -- The International Monetary Fund is considering a plan to create as much as $650 billion in additional reserve...
RIL Properties PLC is in discussions with a potential investor to divest its 100 percent stake in Crisis-hit FoodBuzz (Private)...
The first lot of 10 coaches out of 160 stainless steel passenger coaches supplied by RITES Ltd. to Sri Lanka...
The Minister of Trade Bandula Gunawardena announced that the Appointed Expert Committee will be seeking public comments on the new...
Sri Lanka's Ambassador to China Dr. Palitha Kohona and China's Vice Minister of Foreign Affairs Luo Zhaohui agreed to recommence...
Sri Lanka's gender discriminatory laws must be looked at both from a practical as well as a bottom-up approach, Minister...
Port of Colombo is among ten key ocean cargo ports most at risk in terms of their exposure to natural...
Sri Lanka's first National Financial Inclusion Strategy (NFIS), launched today, aims to make financial services more accessible, efficient, and affordable for all...
(Reuters) - Samsung Electronics Co Ltd is considering two sites in Arizona and another one in New York in addition...
Beijing will push forward with a plan to develop Hambantota port, China’s Foreign Minister Wang Yi said in a phone...
Foreign Minister Shah Mahmood Qureshi has said that in a bid to enhance defence and security cooperation to end terrorism,...
U.S. Ambassador to Sri Lanka Alaina B. Teplitz inaugurated a U.S.-funded online education platform yesterday that connects students and teachers...
By Anthony B. Kim peaking on the 73rd Independence Day of Sri Lanka on Feb. 4, President Gotabaya Rajapaksa observed: “The foundation...
(Reuters) - Sales of physical crude oil are gaining pace at higher prices following a rally in the futures market,...
Bill Gross made $10m from the GameStop rally but lost a huge amount of sleep in the process, Citywire Selector reported...
(Reuters) Marriott International Chief Executive Officer Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said...
An import ban in cash-strapped Sri Lanka is leaving a bad taste in the mouths of its curry lovers, depriving...
India is looking to strike a hard bargain with Sri Lanka and would want a government-to-government agreement for a terminal...
Making yet another controversial statement, Tripura Chief Minister Biplab Deb mad on Sunday announced that BJP is planning to expand...
Sri Lanka will likely benefit from a possible bunkering demand shift from India due to pricing economics to emerge as...
"Lack of partner country engagement" were the words used by the US embassy in Sri Lanka for withdrawing USD 480...
The weaker sovereign credit profile could affect the banks' operating environment, which is already weak due to the coronavirus pandemic,...
The government is confident of achieving the 5.5 percent GDP growth set for 2021 after GDP growth fell to an...
Sri Lanka’s economy recorded its worst contraction in the second quarter before returning to the positive growth path in the...
Sri Lanka’s gross official reserves fell by $ 306.4 million to $ 5,549.3 million at the end of November from...
In joining rating actions followed by Fitch Ratings and Moody's, S&P Global Ratings today downgraded Sri Lanka's long-term foreign and...
Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and...
