The Sri Lanka Association Professional Conference, Exhibition and Event Organisers (SLAPCEO) yesterday raised serious concerns over the moves to re-introduce minimum room rate warning it will have a …
For Sri Lanka’s Women Batik Makers, ‘a Tearful Story’ of Economics
The country’s financial crisis hit the textile industry hard as the price of raw materials skyrocketed, forcing artisans out of business. Some fear the loss of the centuries-old art.
For Sri Lanka’s Women Batik Makers, ‘a Tearful Story’ of Economics
The country’s financial crisis hit the textile industry hard as the price of raw materials skyrocketed, forcing artisans out of business. Some fear the loss of the centuries-old art.
Neglected elephant in Sri Lanka returned to Thailand aboard $530,000 flight
An elephant gifted to Sri Lanka by Thailand more than 20 years ago was safely returned to Thailand for medical treatment and rehabilitation following accusations of mistreatment. Safe return: The male …
Investors from across the world are ready to invest in Sri Lanka if necessary reforms are implemented
Foreign Affairs Minister Mr. Ali Sabri stated that investors from across the world are ready to invest in Sri Lanka if essential reforms are implemented to establish a favourable environment for …
Investors from across the world are ready to invest in Sri Lanka if necessary reforms are implemented
Foreign Affairs Minister Mr. Ali Sabri stated that investors from across the world are ready to invest in Sri Lanka if essential reforms are implemented to establish a favourable environment for …
China to stay out of official creditors’ platform, but Sri Lanka ‘very confident’ of bilateral support
China “will not join” the official creditors’ platform negotiating a common debt treatment plan with Sri Lanka, but Colombo is “very confident” of Beijing’s bilateral support to the island’s economic …
EMERGING MARKETS-Currencies steady; Pakistan stocks at one year high after IMF deal
Russia’s factory activity expands in June * Hungary, Poland PMI fall in June * Pakistan shares surge after IMF deal * Sri Lanka approves domestic debt restructuring plan * Turkish Lira at fresh record …
Sri Lanka’s Domestic Debt Optimization passed in parliament
The resolution on Sri Lanka’s Domestic Debt Optimization was passed by a majority vote in the parliament on Saturday with the support of some opposition MPs, Colombo Gazette reported. The resolution …
Cash-strapped Sri Lanka gets parliamentary nod for domestic debt restructuring plan
Special session of Sri Lanka’s Parliament on Saturday overwhelmingly approved the cash-strapped government’s domestic debt restructuring (DDR) plan …