The private sector’s role in driving growth in an economic reset of Sri Lanka will be under thespotlight at the...
On November 17th, the parliament of Sri Lanka passed long-awaited amendments to the Children and Young Persons Ordinance (CYPO). This...
First Capital Research (FCR) sees a high probability of the Central Bank of Sri Lanka (CBSL) maintaining policy rates at...
The Governor of the Central Bank of Sri Lanka (CBSL)Dr. P. Nandalal Weerasinghe stated in Parliament that customers who have...
Sri Lanka’s infrastructure facilities, human resources, and other required facilities are in place and now what is needed to attract...
By Imesha Dissanayake The COVID-19 pandemic and the subsequent economic crisis revealed vulnerabilities in the SriLankan economy and weakened its...
While rigorously monitoring the liquidity risk profiles of the banks, the Central Bank of Sri Lanka (CBSL) announced that it...
(Reuters) - Sri Lanka’s tea industry could earn $1.4 billion this year despite the lowest production in decades and fertilizer...
The Committee on Public Finance was of the view that Regulations published in the Extra Ordinary gazette Notification 2296/30, Under...
The Ceylon Chamber of Commerce welcomed the passing of the 21st amendment withan overwhelming majority in Parliament last week. While...
The Committee on Public Accounts (COPA) recently directed its attention to the failure in maintaining a special rice reserve of...
Sri Lanka's merchandise imports rebounded to $1.40 billion in August from historic lows of $1.289 and $.23 billion recorded in...
The promotion of business cooperation between the Nordics and Sri Lanka remains animportant and relevant priority, Ambassador of Norway to...
By P. K. Balachandran Lanka is silent on Wang Yi’s assertion that the two countries will re-redstart negotiations which begun in...
The American Center in Colombo has relocated to the new U.S. Embassy building and opened its doors to program participants once...
The need for Sri Lanka to focus more strongly on developing and liberalizing international tradein order to embark on a...
Reuters) - India said on Tuesday it had begun talks with Sri Lanka on restructuring its debt and promised to...
Building on the USAID Administrator Samantha Powers’s recent visit, US Ambassador to Sri Lanka Julie Chung announced today that the...
(AP) — A visiting U.S. diplomat on Sunday urged Sri Lankan authorities to tackle corruption and introduce governance reforms alongside...
The High Commission of Sri Lanka in Bangladesh in collaboration with the Sri Lanka Convention Bureau (SLCB) and SriLankan Airlines...
The nomination submitted by the Minister of Finance to the Parliamentary Council for membership of the Welfare Benefits Board has...
Activists gathered in Makati City today to express solidarity with the people of debt-burdened Sri Lanka as they continue to...
Sri Lanka's President Ranil Wickramasinghe recently announced that the government targets 2.5 million tourists by end of 2023. "In order...
Today, the United States, through the U.S. Department of Agriculture (USDA) and in partnership with Save the Children, received 320...
Amidst the foreign exchange crisis, The government has taken steps to suspend the importation of over 300 non-essential including personal-care...
Sri Lanka's 2023 budget would aim to reduce the fiscal deficit to 6.8 per cent in 2023 from the projected 9.9 per...
Incorporated on the 30th of September in 1992 as a public company fully owned by the governmentof Sri Lanka, Kalubowitiyana...
With the view to encouraging service exporters to repatriate their export proceeds into the country, the Central Bank of Sri...
Colombo Bourse traded positively throughout the session hoisting the daily turnover to a nearly 6 ½-month high while proving beyond...
U.S. Secretary of State, Antony Blinken described the recent turmoil in Sri Lanka as an "opportunity" when he met Ali...
The Ceylon Chamber of Commerce welcomes the call by President Ranil Wickremesinghe to initiate the formation of an All-Party Government,...
The Best Corporate Citizen Sustainability Awards 2022 organised by the Ceylon Chamber of Commercewill this year introduce a new award...
“Sri Lanka’s economic collapse needs immediate global attention, not just from humanitarian agencies, but from international financial institutions, private lenders,...
Supporting the Small and Medium Enterprise sector and fostering constructive dialogue amongst the public, private and non-governmental stakeholders on navigating...
The Chairman of the Ceylon Chamber of Commerce, Vish Govindasamy behalf of the Chamber congratulated the new President of Sri...
By Praveen Swami Eleven hundred feet over the Colombo skyline, the giant, hot-pink lotus thrusts out of its green metal...
Joint Chambers welcome the announcements made by the President that he will resign on the13th of July respecting the wishes...
More than two in three families in Sri Lanka do not have enough to eat, according to a survey by...
The Central Bank of Sri Lanka (CBSL) on Friday printed as per a request from the Treasury to secure urgent...
DFCC Bank, the Bank for Everyone, through its SustainabilityStrategy, seeks to create a resilient world for everyone. Developed in 2020,...
Sri Lanka has the highest probability of 85 percent among Asian economies to fall into recession next year, according to...
The Central Bank of Sri Lanka (CBSL) expects inflation to peak to around 75 percent in the fourth quarter of...
n an effort to fight inflation due to the ongoing economic crisis, the Monetary Board of the Central Bank of...
As Sri Lanka increasingly focuses on developing its export sector in order to address theeconomic crisis, the Ceylon Chamber of...
(BBC)- The UK government is advising against all but essential travel to Sri Lanka as a severe economic crisis has...
By virtue of the powers vested under Section 19 (1) read together with section 19 (2) of the Financial Transactions...
The Committee on Public Accounts (COPA) instructed the officials of the Ministry of Power and Energy to prepare a detailed...
(ANI): Sri Lanka has decided to limit fuel for private vehicles as the fuel shortage continues to worsen in the...
(Reuters) - Sri Lanka's president on Friday appointed tycoon Dhammika Perera as minister for investment promotion, his office said in...
(WSWS)- The Sri Lankan government, with active union support, has begun unleashing a new round of International Monetary Fund (IMF)...
More than 30 institutional holders of the 11 outstanding series of international bonds issued by the Democratic Socialist Republic of Sri...
To tackle the escalating issue of Sri Lanka’s plastic waste management, the Ceylon Chamber ofCommerce has initiated the implementation of...
Ishara Nanayakkara-led LOLC Holdings acquired a 9.99% stake in DFCC Bank PLC through the Bank's recently concluded rights issue. "In...
The United States announced today that it will provide $6 million in emergency assistance as a part of a much...
The U.S. Government, through its development agency, the U.S. Agency for International Development (USAID), is partnering with the Institute of...
The Speaker of the Parliament, Mahinda Yapa Abeywardena yesterday endorsed the certificate on the Sri Lanka Electricity (Amendment) Bill to...
The Embassy of the United States of America announced today that the U.S. International Development Finance Corporation (DFC) Board of...
The debilitating crisis in Sri Lanka has left nearly half of the children in the country in need of some...
The proposed introduction of a minimum tax of 15% on the foreign profits of the largest multinational enterprises (MNEs) has...
It is unreasonable to claim that the country lost nearly Rs. 500 billion due to the change in tax policies...
Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy,...
Sri Lanka's Prime Minister informed the Parliament yesterday that the country's economy is set to contract by 6.5 percent due...
The UN food agency would be drafting a food crisis response plan for Sri Lanka amidst threats of a food...
The new revenue proposals plan to raise Rs. 295 billion per annum, constituting about 20% incremental revenue assuming last year’s...
The Chairman of the COPE, Prof. Charitha Herath, resolved the drug shortage in the country as soon as possible using...
By Usha Perera Sri Lanka’s education sector, still reeling from the effects of the COVID-19 pandemic, now faces acute challenges...
The economic crisis leading to Aviation fuel (ATF) shortage and soaring prices in Sri Lanka is prompting SriLankan Airlines to...
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...
