Chamira Milinda is the owner of Chocolate de Champ, a small homemade chocolate business he runs out of his home in L’Anse au Loup, a community on Labrador’s southern coast. Since moving to Labrador …
Sri Lanka adds 300,000 more families to Aswesuma welfare scheme
ECONOMYNEXT: Another 300,00 families have been deemed eligible for the Aswesuma scheme, Sri Lanka’s targeted welfare benefits program, its State Finance Minister said. “300,000 new families have …
IMF Says Sri Lanka Still Needs Deals With Official and External Private Creditors
COLOMBO (Reuters) – The International Monetary Fund said it remains critical for Sri Lanka to swiftly reach final agreements with its official lenders and reach a deal with external private creditors, …
Wrapping up Sri Lanka external debt deals critical, property tax needed: IMF
Sri Lanka’s economy is starting to recover under a stabilization program, and further progress has to be made on debt restructuring while monetary policy decisions have to be prudent to keep inflation …
Property tax will help Sri Lanka to take quantum leap to achieve IMF targets – Peter Breuer
Although Sri Lanka’s macro economy is gradually stabilizing, the country’s economic recovery process is still in the ‘infancy level’ and has yet to reach the broader population, says Peter Breuer, the …
ITC Hotels to launch its maiden international luxury hotel in Sri Lanka before FY24-end
ITC’s Hotel Group, one of India’s leading luxury hotel chains, is gearing up to launch its first international luxury hotel, which is coming up in Sri Lanka, within the next two months.
Is Sri Lanka’s economic recovery sustainable?
The Sri Lankan economy is re-emerging from the worst socio-economic crisis. However, some cast doubts whether the current economic recovery would be sustainable. There are speculations of another …
Sri Lankan health unions call off strike as government refuses to address workers’ demands
Semasinghe said he would submit the unions’ demands to President Ranil Wickremesinghe, who is also the finance minister, when he returns to Sri Lanka today. The HTUA bureaucracy called the DAT strike, …
Anne watches land mine clearance at Sri Lanka’s former civil war front line
Anne watches land mine clearance at Sri Lanka’s former civil war front line – The Princess Royal travelled to the area to learn about efforts to make it habitable.
Sri Lanka and India To Fast-Track UPI Rollout
Sri Lanka and India are accelerating plans for an early roll-out of the Unified Payments Interface (UPI) system in Sri Lanka, a mo – Get the latest breaking news and top stories from Sri Lanka, the …