Facebook posts in Sri Lanka falsely say a cooperative controlled by a political opposition party acquired a factory from a major conglomerate in the island nation to save it from closure. But …
Sri Lanka scraps monkey business plan
COLOMBO: Bankrupt Sri Lanka’s government on Monday said it was scrapping plans to export around 100,000 endangered monkeys to China following an outcry and a court case by animal lovers. The toque …
Unilever Sri Lanka signs MoU with National Youth Services Council
Unilever Sri Lanka, in its commitment to fostering economic growth and empowering young individuals, has joined hands with the National Youth Services Council to launch an island-wide career …
What made Sri Lanka a failed and bankrupt nation? Who is responsible?
In this article I venture to analyse how Sri Lanka has become a failed and bankrupt nation and who should be held responsible for that? So far no one has endeavoured to make a rational political …
Sri Lanka, Pakistan and Bangladesh: Weakened economies highly vulnerable to shocks
Apart from being located in South Asia, Sri Lanka, Pakistan and Bangladesh have the common weakness of being very vulnerable to exogenous shocks, particularly those related to the commodity cycle and …
Sri Lanka’s welfare benefit spending likely to rise with over 188,000 appeals
ECONOMYNEXT – Sri Lanka’s spending on the new welfare benefit scheme to address poverty is likely to go up with more than 188,000 people having appealed against them being rejected and State Finance …
Sri Lanka optimistic after Zambia debt agreement – Ali Sabry
Sri Lankan Foreign Minister Ali Sabry, PC said though Sri Lanka made moderate gains in recent months, there is a long way to go for – Get the latest breaking news and top stories from Sri Lanka, the …
Israeli complicity in Sri Lanka war crimes must be investigated
During the civil war, Israel sold weapons and backed the Sri Lankan army while it was committing grave atrocities.
Sri Lanka declares special bank holiday on June 30 to set in debt restructuring
In an effort to revive the cash-strapped economy, Sri Lanka’s Central Bank has declared a special bank holiday on Friday, providing a five-day cooling-off period following the government’s …
FTA negotiations with Thailand are progressing well
The 5th Round of Sri Lanka-Thailand Free Trade Agreement (SLTFTA) negotiations commenced in Colombo on Monday (26), aligning with President Ranil Wickremesinghe’s vision of strengthening economic ties …