ECONOMYNEXT – Sri Lanka will find it hard to attract foreign direct investors with sudden policy changes and bans announced by gazette, with overall policy driven by special interests, opposition …
Sri Lanka stocks end 1.34-pct higher
The Kingsbury closed 20 cents up at 6.30 and Singer Sri Lanka closed 1.30 rupees up at 20.30 rupees. LOLC Holdings gained 5.25 rupees to close at 332.50 rupees and LOLC Finance closed 10 cents up at 6 …
Fmr. Finance Minister Ronnie de Mel asks for more of socialism
Former Finance Minister Ronnie de Mel who served in the J.R. Jayewardene government and presented 11 successive budgets said Sri Lanka needs more of socialism if its economy was to survive. Mr. de Mel …
Qatar, Sri Lanka to witness new areas of cooperation
Qatar and Sri Lanka are poised to witness new areas of cooperation in the next five years, with both countries currently exploring mutual investments and partnerships in the finance sector as well as …
Bangladesh reach Sri Lanka for long awaited Test series
Bangladesh cricket team reached Sri Lanka Monday for the long-awaited two-match Test series. The visitors upon reaching Colombo in the morning were under strict protocol, and shifted to the team hotel …
Bangladesh team arrives in Sri Lanka for two-match Test series
The Bangladesh cricket team arrived here on Monday for the two-match Test series against Sri Lanka scheduled to begin next week. Bangladesh is slated to play two Tests against Sri Lanka starting from …
Bangladesh arrive in Sri Lanka for Test series
Colombo, April 12 (IANS) A 21-member Bangladesh squad, with three new faces in Test reckoning, arrived in Colombo on Monday to play a two-match Test series in Kandy from April 21. The touring side, …
Sri Lanka gets emergency China loan as rupee hits record low
COLOMBO: Sri Lanka secured a US$500 million loan from China Monday (Apr 12) in a desperate bid to shore up its foreign exchange reserves as the local currency hit a record low. The Sri Lankan embassy …
Calibrated response needed to shield the vulnerable: FM Sitharaman
Finance minister Nirmala Sitharaman has said that South Asian … where she represented India, Bangladesh, Bhutan and Sri Lanka. “Our economies are also showing signs of recovery, even as uncertainty …
Bangladesh’s Mominul demands result in Sri Lanka
DHAKA: Bangladesh Test captain Mominul Haque on Sunday ruled out any experimenting in the forthcoming Test series …