Amid Sri Lanka’s journey towards economic recovery, Indian investors and businesses are closely monitoring the emerging opportunities in the local market. Indo-Sri Lanka Chamber of Commerce and …
Developing and supporting entrepreneurs in Sri Lanka
Last week, my article in the Daily FT titled “Entrepreneurs who shaped Sri Lanka’s business landscape” received wide interest and comments. Two strong responses questioned why I had left out …
Sri Lanka Grapples with Severe Weather: Floods Sweep Away Farm Tractor
Eight individuals, including six children, are missing after a tractor was swept away by floods in Sri Lanka. Heavy rains have caused widespread disruption, with thousands displaced and significant …
Bunnik Tours hosts first post-pandemic trade famil in Sri Lanka
Bunnik Tours recently hosted its first trade famil since COVID-19, offering 10 Helloworld agents the chance to explore Sri Lanka.
Cyclone Fengal kills 19 in India and Sri Lanka
Cyclone Fengal killed at least 19 people in India and Sri Lanka and caused flooding in Tamil Nadu state and the Puducherry region after crossing India’s southern coast from the Bay of Bengal on …
IMF approves third review of Sri Lanka’s $2.9 bln bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.
Sri Lanka shares end lower
COLOMBO: Sri Lankan shares closed lower on Thursday, dragged by real estate and industrial stocks. The CSE All-Share index settled 1% lower at 12,982.10. Sri Lanka’s consumer price inflation reached …
Once a free-market pioneer, Sri Lanka takes a leap to the left
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Relief in Sri Lanka as key threat to nonprotected forests is repealed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 …