The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market after recent appreciation made importers and banks to run negative open …
IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum
The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market after recent appreciation made importers and banks to run negative open …
Seven killed after race car slams into crowd in Sri Lanka
A race car veered off the track during a competition in Sri Lanka on Sunday local time and rammed into a crowd of spectators and race officials, killing seven people and injuring 20 others, officials …
Race car in Sri Lanka veers off track killing 7 people and injuring 20, officials say
Race car in Sri Lanka veers off track killing 7 people and injuring 20, officials say. Get top headlines from the Union-Tribune in your inbox weekday mornings, including top news, local, sports, …
Bangladesh High Commissioner Tareq Ariful Islam Crowned“New Year Prince” In Sri Lanka
The Bangladeshi High Commissioner in Sri Lanka Tareq Mohammed Ariful Islam, was crowned the New Year Prince or“Avuru …
Dialog Axiata Signs Deal To Acquire Bharti Airtel’s Sri Lanka Operations
Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355% …
IMF praises Sri Lanka for economic progress on sidelines of Spring Meetings 2024
First Deputy Managing Director, Gita Gopinath has congratulated the Sri Lankan authorities on the steady progress made on several fronts, including inflation reduction, revenue enhancement and governa …
US Urges Sri Lanka To Continue Commendable Reforms
The United States (US) has urged Sri Lanka to continue the commendable reforms undertaken over the past two years by the Government. …
World Bank’s IFC emphasizes private sector engagement in crisis-hit Lanka’s growth
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s …
‘My hell in Myanmar cyber slavery camp’
The computer specialist jumped at the chance – it was money he couldn’t dream of in Sri Lanka, which has been hit by an economic crisis. And so, he took out a loan of 250,000 rupees ($815) to pay the recruiter. Ravi arrived in Bangkok in early 2023, but was immediately sent to Mae Sot, a city in western Thailand.