While Sri Lanka has made good progress in addressing serious challenges facing the economy in a year, the country is now in an economic recovery phase. Some difficult reforms have been implemented and …
Crisis-hit Sri Lanka may allow Indian rupee to be used in local transactions
Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last …
Nestlé acclaimed Sri Lanka’s Most Valuable Food and Beverage Brand yet again
Among the Top Ten Most Valuable Consumer Brands in 2023 Brands Finance, the renowned brand valuation consultancy, in collaboration with LMD, released the annual Consumer Brands ranking for the 20th …
Promoting Connectivity, Catalysing Prosperity: India-Sri Lanka Economic Partnership Vision
Prime Minister of India Shri Narendra Modi and the President of Sri Lanka H.E. Ranil Wickremesinghe had productive and outcome-oriented discussions during their interactions in New Delhi on 21st July …
Adopting Indian rupee as valid currency in Sri Lanka in the offing
There is possibility of adopting the Indian rupee as a valid currency in Sri Lanka, with anticipated arrangements to facilitate seamless business transactions for Indian tourists visiting our country, …
MTI says Tata’s strategic business interventions advantageous for Sri Lanka
With a population of 1.4 billion and among the fastest growing economies in the world, Sri Lanka is in a vantage position to benefit and learn from the world’s 6th largest economy. Within India, Sri …
India, Sri Lanka agree to facilitate mutual investments through policy consistency, promoting ease of doing business
India, Sri Lanka have agreed to facilitate mutual investments through policy consistency, promoting ease of doing business and fair treatment of each other’s investors.This has been done to facilitate …
‘Ensure A Life Of Respect, Dignity’ For Tamils in Sri Lanka, PM Modi Tells Wickremesinghe
PM Modi and Sri Lankan President Ranil Wickremesinghe decided to boost air, sea and land connectivity between the two countries as they discussed the resumption of free trade agreement upgrade talks.
Watch: India A and Bangladesh A players involved in on-field scuffle during Emerging Asia Cup semifinal
India A and Pakistan A emerged victorious from their respective groups, while Sri Lanka A and Bangladesh A advanced from the other groups. Pakistan triumphed in the first semi-final, while India pulled off an incredible victory over Bangladesh in the …
India’s UPI to be now available in Sri Lanka
New Delhi: India’s instant payment technology Unified Payments Interface (UPI) will now be used in Sri Lanka. Apart from the agreement on UPI acceptance, several agreements were also signed between …