Special session of Sri Lanka’s Parliament on Saturday overwhelmingly approved the cash-strapped government’s domestic debt restructuring (DDR) plan …
A temple elephant in Sri Lanka will be airlifted back to Thailand after allegations of neglect
COLOMBO, Sri Lanka (AP) — Veterinarians are preparing to airlift an Asian elephant from Sri Lanka back to its home country of Thailand this weekend after it spent more than two decades at a Buddhist temple where activists alleged it was abused.
CA Sri Lanka calls on all stakeholders to support Domestic Debt Optimisation
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), yesterday called on all stakeholders to support the Domestic Debt Optimisation (DDO) proposed by the Government. “Sri Lanka is today …
False posts claim opposition-linked group in Sri Lanka saved garment factory from closure
Facebook posts in Sri Lanka falsely say a cooperative controlled by a political opposition party acquired a factory from a major conglomerate in the island nation to save it from closure. But …
Sri Lanka scraps monkey business plan
COLOMBO: Bankrupt Sri Lanka’s government on Monday said it was scrapping plans to export around 100,000 endangered monkeys to China following an outcry and a court case by animal lovers. The toque …
Unilever Sri Lanka signs MoU with National Youth Services Council
Unilever Sri Lanka, in its commitment to fostering economic growth and empowering young individuals, has joined hands with the National Youth Services Council to launch an island-wide career …
What made Sri Lanka a failed and bankrupt nation? Who is responsible?
In this article I venture to analyse how Sri Lanka has become a failed and bankrupt nation and who should be held responsible for that? So far no one has endeavoured to make a rational political …
Sri Lanka, Pakistan and Bangladesh: Weakened economies highly vulnerable to shocks
Apart from being located in South Asia, Sri Lanka, Pakistan and Bangladesh have the common weakness of being very vulnerable to exogenous shocks, particularly those related to the commodity cycle and …
Sri Lanka’s welfare benefit spending likely to rise with over 188,000 appeals
ECONOMYNEXT – Sri Lanka’s spending on the new welfare benefit scheme to address poverty is likely to go up with more than 188,000 people having appealed against them being rejected and State Finance …
Sri Lanka optimistic after Zambia debt agreement – Ali Sabry
Sri Lankan Foreign Minister Ali Sabry, PC said though Sri Lanka made moderate gains in recent months, there is a long way to go for – Get the latest breaking news and top stories from Sri Lanka, the …