President Ranil Wickremesinghe on May 1 invited all Sri Lankan workers to participate in making the cash-strapped island nation a developed country by 2048.
Chinese state-owned firm to build major Sri Lanka port complex
A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub.The logistics centre project will take CMG’s “accumulated …
Mass protests in Sri Lanka’s northern and eastern provinces against Wickremesinghe’s Anti-Terrorism Bill
Tamils and Muslims in the north and east participated in the mass hartal, while union bureaucrats in Colombo prevented unified nationwide actions.
Sri Lanka’s inflation dips as IMF bailout kicks in
Cash-strapped Sri Lanka’s inflation eased to 35.3 percent, the lowest in a year, the statistics office said Friday as the country pressed ahead with austerity measures under an IMF bailout. Fuel and …
The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka
Sri Lanka’s sovereign default a year ago led to severe economic repercussions for the developing country, bringing the IMF’s role in helping the struggling economy into focus. Although solutions have …
The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka
Sri Lanka’s sovereign default a year ago led to severe economic repercussions for the developing country, bringing the IMF’s role in helping the struggling economy into focus. Although solutions have …
Unilever Sri Lanka celebrates 85 years of operations in Sri Lanka
In honour of Unilever’s 85th year of operating in Sri Lanka and in view of appreciating the unwavering support and contributions extended by its partners in 2022, Unilever Sri Lanka recently hosted an …
ComBank ‘Best Bank in Sri Lanka’ by Global Finance for 21st time
The Commercial Bank of Ceylon has been recognised as Sri Lanka’s Best Bank once again by the US-based Global Finance magazine, at its 30th annual awards ceremony for the World’s Best Banks 2023, …
COVID infections rise in Sri Lanka, despite government’s efforts to hide the crisis
Drastic funding cuts for public healthcare, means that Sri Lanka’s working masses face grave threats from an upsurge of new variants of the virus.
Sanjiva Weerawarana Builds Innovative IPaaS Company WSO2 And Positions Sri Lanka As A New Tech Center
WSO2 is an iPaaS company or Integration Platform as a Service that provides a suite of cloud services founded in 2005 by Sanjiva Weerawarana, Paul Fremantle and Davanum Srinivas …