2 min read
A recent media report in Sri Lanka claimed its Central Bank plans to introduce a central bank digital currency (CBDC) this year....
Finance
2 min read
3 min read
The Elkaduwa Plantation Ltd was summoned before the Committee on Public Enterprises (COPE) in a meeting Chaired by Prof. Ranjith...
1 min read
Corporate earnings have reported consecutive YoY degrowth, in this June quarter with macroeconomic challenges pushing earnings to a 3-year low...
8 min read
By Imesha Dissanayake The common path followed by almost all IMF member countries in response to sovereign debtcrises in recent...
1 min read
Sri Lanka’s economy—grappling with a debt and balance of payments crisis—to project to be only economy in Developing Asia to...
1 min read
The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) continued to thrive in the green for the...
1 min read
While rigorously monitoring the liquidity risk profiles of the banks, the Central Bank of Sri Lanka (CBSL) announced that it...
2 min read
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...
3 min read
“Sri Lanka’s economic collapse needs immediate global attention, not just from humanitarian agencies, but from international financial institutions, private lenders,...
6 min read
By Praveen Swami Eleven hundred feet over the Colombo skyline, the giant, hot-pink lotus thrusts out of its green metal...