Sri Lanka, a nation once lauded for its economic strides, is now facing one of its most challenging periods due to a severe economic crisis. The country grapples with …
Sri Lanka allows a Chinese research ship to dock as neighboring India’s security concerns grow
Two weeks ago, Sri Lanka reached an agreement with Export-Import Bank of China on key terms and principles for restructuring its debt, an important step toward unlocking a second installment of a $2.9 …
Sri Lanka seeking business opportunities in Congo
Notably, a standout moment emerged when President Tshisekedi conveyed and assured Ambassador Kananathan his unwavering support for Sri Lankan business endeavours seeking … and development between …
Sri Lanka’s Central Hills at risk: One-fifth of land prone to landslides
One–fifth of Sri Lanka’s total landmass, particularly the areas in the central hills- is prone to landslides according to a study by the National Building Research Organization (NBRO). ..
Sri Lanka flexible for investor to start Grand Hyatt operations – Minister
ECONOMYNEXT – Sri Lanka is ready to be flexible on the construction cost of the Grand Hyatt building if an investor is ready to complete the building, start operations, and repay a $35 million loan, …
Sri Lanka flexible for investor to start Grand Hyatt operations – Minister
ECONOMYNEXT – Sri Lanka is ready to be flexible on the construction cost of the Grand Hyatt building if an investor is ready to complete the building, start operations, and repay a $35 million loan, …
Top Sri Lanka accounting professional Sujeewa Mudalige retires
Sujeewa Mudalige, Territory Senior Partner of PwC Sri Lanka is retiring with effect from October 27, after serving the firm for over 25 years, leading domestic and international professional bodies …
IMF releases second instalment of Sri Lanka’s bailout loan
The Sri Lankan government has assured the IMF that it will deepen the assault on working people, further increasing taxation, privatisations and subsidy-slashing measures.
Sri Lanka is firmly back on the holiday map – here’s why now is the time to return for affordable adventures
It was 7am on a Tuesday and I was staring at pictures of naked ladies after climbing up an ancient rock fortress in Sri Lanka. Known as the Sigiriya … a Relais & Chateaux property situated on the …
US congratulates Sri Lanka on IMF deal, urges fair treatment for all creditors
The United States has stressed the equal and equitable treatment of all creditors in Sri Lanka’s debt restructuring efforts while congratulating the island nation on securing a staff-level agreement …