Minister of Foreign Affairs, M.U.M. Ali Sabry is scheduled to travel to Phnom Penh, Cambodia to take part in the forthcoming 29th ASEAN Regional Forum (ARF) Ministerial Meeting from 4 to 5 August, 2022.

Sri Lanka has lost many FDIs due to political disagreement at parliament level.

Investors bought the risky assets despite high interest rates.

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) has gained 172.62 points to close at 88,080.14 points today.

"We also have to limit selected imports in order to balance the payments for fuel."

Sri Lankan Foreign Employment Bureau this month said that a record number of more than 150,000 Sri Lankans have left for other countries in search of jobs from January to the first week of July.

Calls for unity in a country torn apart by nationalism and monetary instability

We have communicated this to our membership and is willing to support the CBSL

Sri Lanka to negotiate with state creditors first

assport of a British national, Kayleigh Fraser, who had posted about the protests on social media, seized

By Rathindra Kuruwita The Cabinet of Ministers had approved a proposal to seek the services of two international companies to identify who held the country’s International Sovereign Bonds (ISB) and to apprise them of the government’s restructuring plans, Cabinet Spokesman, Minister Bandula Gunawardane told the media on Tuesday. Gunawardena said that Sri Lanka was facing […]

The secret vote on the new President as well as the Emergency sharply divided the SLFP. In spite of talks among members of its parliamentary group, the party, led by one-time President Maithripala Sirisena, has not been able to reach a consensus on a strategy to deal with the new President. Of the 14 SLFPers, […]

by Jayampathy Molligoda Inflation is too high in Sri Lanka; people are finding it unbearable. How can we control the inflation from further slipping? Singapore experience and structure of our CBSL:  Singapore has the Monetary Authority Singapore (‘MAS’) as their Central Bank, where in Sri Lanka, we have the Central Bank of Sri Lanka (which […]

By Kalinga Tudor Silva One of the important ways, the current economic crisis in Sri Lanka has directly impacted our lives is having to go through long and seeming unending queues, to access petrol, diesel, kerosene and even our dear passports. Queues have multiplied, sprung up on either side of the road and across the […]

Foreign Minister Ali Sabry, PC, has briefed the Colombo-based diplomatic community on what the Foreign Ministry called a broad-based, consultative approach adopted by President Ranil Wickremesinghe in addressing the current challenges. Foreign Minister Sabry has explained the ongoing discussions on forming an all-party Government. Reference was also made to progressive legislative reforms being co...