The government is reportedly looking at the possibility of procuring US West Texas Intermediate (WTI) crude oil in a bid to reduce the trade deficit between Sri Lanka and the United States …
Sri Lanka Considers US Crude Oil Imports
The Sri Lankan government is exploring the possibility of importing US West Texas Intermediate (WTI) crude oil as part of ongoing efforts to narrow the trade deficit with the United States and seek …
UNDP urges Sri Lanka to view nature as economic capital
The United Nations Development Programme (UNDP) yesterday called on Sri Lanka to treat nature as vital economic capital and prioritise integrated, sustainable approaches to tourism and climate finance …
Real estate stocks power Sri Lanka shares higher
Sri Lankan shares closed higher on Monday, boosted by gains in real estate stocks. The CSE All-Share index settled up 0.37% at 19044.08. Official data published after close showed Sri Lanka’s consumer …
Sri Lanka’s corporate profits surge as IMF austerity deepens poverty
Under the IMF’s stringent conditions, ordinary Sri Lankans face exorbitant increases in the cost of living. In sharp contrast to the social distress of the poor, corporate earnings are booming, with …
Global shocks and Sri Lanka’s road to recovery
In the previous part1, we looked at two global shocks which have hit Sri Lanka’s march toward recovery, namely, the new tariff reforms introduced by the US administration and the Mid-East crisis which …
Bangladesh vs Pakistan Live Score, T20: Latest Match Updates of BAN vs PAK 1st T20I Amidst Rain Threat in Dhaka
Bangladesh begin the all-important T20I series against Pakistan on Sunday, and the Tigers will have their tails up, courtesy of their recent win in a series in Sri Lanka. Tonight, Bangladesh are …
Sri Lanka’s Smart Drain wins global praise – But can it clean up our cities?
The world recently turned its attention to a ground-breaking innovation hailing from our very own shores. Dr. Nadeesha Chandrasena, a brilliant Sri Lankan, and her team, “Urban Inventors,” clinched …
Israeli tourists, Chabad Houses and local concerns on Israelis conduct in Sri Lanka
The Pottuvil Area Coordination Committee meeting on Thursday unanimously passed a resolution to take action to remove the Pottuvil Shabad House, which has become centre point of controversy in …
AIA Insurance – Sri Lanka’s Most Loved Insurer
AIA Insurance was voted as Sri Lanka’s Most Loved insurer in the Corporate Brands Category, as recognised by LMD based on an independent nationwide survey conducted by PepperCube Consultants.