Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority in 1977, he introduced a French-style executive presidency and economic …
Relief in Sri Lanka as key threat to nonprotected forests is repealed
Environmental activists in Sri Lanka are celebrating the end of a 2020 decree that left the island’s nonprotected forests more vulnerable to agriculture and development projects. “This is a landmark …
President urges IMF to strike a balance in Sri Lanka’s economic recovery program
The government of President Anura Kumara Dissanayake has reaffirmed its readiness to collaborate with the International Monetary Fund (IMF) to advance Sri Lanka’s economic recovery within the context …
Sri Lanka leader keeps defence, finance in new cabinet
COLOMBO, Nov 18, 2024 (BSS/AFP) – Sri Lanka President Anura Kumara Dissanayake retained the key defence and finance portfolios in a new cabinet he announed Monday after sweeping snap parliamentary …
IMF’s Senior Mission Chief meets Sri Lanka’s former President: ex-minister
The International Monetary Fund’s Senior Mission Chief Peter Breuer has met former President Ranil Wickremesinghe, the former state Minister of Finance said.
Dissanayake Solidifies Grip on Sri Lanka Amid Economic Challenges
Sri Lankan President Anura Kumara Dissanayake reappoints Harini Amarasuriya as prime minister following his election victory. Despite his coalition’s broad mandate, his finance minister choice remains …
Sri Lanka’s maritime transformation: Strategic vision for 2024-2029
The Chamber of Marine Industries of Sri Lanka (CMISL) unveils a visionary five-year strategic plan designed to transform the nation’s maritime industry. ..
IMF Officials Reach Sri Lanka For Next Review Of Economic Reform Programme
The new National People’s Power (NPP) government called for a snap parliamentary election that happened last week and this added on to the delay in the review process …
CPD: Bangladesh faces 3 major economic risks in next 2 years
Centre for Policy Dialogue (CPD), a think tank, believes that Bangladesh’s economy lags behind Sri Lanka and Nepal, and will face three significant challenges in the next two years. CPD Research …
UK survivor of Thailand tsunami reveals haunting last moments his parents were swept away in front of him
The ‘pure carnage of rushing water’ crashed through countries such as Indonesia, Thailand and Sri Lanka sweeping up houses, trees, cars and everything else in its tracks. The countries were left …