ECONOMYNEXT – Sri Lanka is trying to find a way out of a clause which allowed India to block petroleum development in Trincomalee, according to an agreement signed on a tank farm, Energy Minister …
The second installment of Sri Lanka’s bailout was delayed. The country hopes it’s coming in December
The governor of Sri Lanka’s Central Bank says he is confident it will receive the second instalment of a $2.9-billion bailout package from the International Monetary Fund before the end of the year.
Sri Lanka, EU sign €15mn agreement to promote circular economy in food sector
The Sri Lankan government and the European Union (EU) have signed a financing agreement to promote a circular economy and sustainable consumption and production in the food sector …
Former Masterchef Australia Judge Talks About The Culinary Extravaganza Awaiting In Sri Lanka!
The renowned Celebrity Chef and former judge of MasterChef Australia, Gary Mehigan, engaged in a brief online discussion ahead of his h …
EMERGING MARKETS-Markets dip; investors parse Sri Lanka’s surprise interest rate cut
Hamas start first Gaza ceasefire * GS raises Turkey terminal interest rate forecast * Sri Lanka central bank cuts rates by 100 bps unexpectedly * Stocks, FX on track to eke out marginal weekly gains * …
Why policy rate hikes fail to cool inflation in Bangladesh but worked in Sri Lanka
While global central banks have effectively curbed inflation through policy rate hikes, the Bangladesh Bank’s efforts over the past year have been hampered by an ineffective transmission mechanism, …
Sri Lankan SEP/IYSSE meeting calls on working class to intervene to stop Israel’s genocide in Gaza
The Colombo meeting is a part of a series of meetings in Sri Lanka, as well as around the world by the International Committee of the Fourth International (ICFI), to build an international anti-war …
Lanka’s bid to join Madrid Protocol gains strong support from exporters
“The move, once completed, is expected to significantly bolster Sri Lanka’s position in the international business arena, attracting investments and fostering global market expansion.” …
Lanka’s bid to join Madrid Protocol gains strong support from exporters
“The move, once completed, is expected to significantly bolster Sri Lanka’s position in the international business arena, attracting investments and fostering global market expansion.” …
Rising gold-backed loans elevate risks for Sri Lankan finance companies – Fitch
Rising gold-backed lending among Sri Lanka’s finance and leasing companies (FLC) sector is exposing financiers to higher collateral price risk and making them more susceptible to any adverse movements …