Unlike the financial crisis of 2008, the economic levers alone were insufficient to stimulate global economic recovery in 2022 as what had led to the current crisis was the consequences of evolving geopolitics, President Ranil Wickremesinghe said on Thursday at the ADB’s 55th annual meeting. “The Ukraine war on one side and the US-China rivalry, […]

Stock market has seen the highest monthly foreign inflow this month in more than 10 years

Sri Lanka is struggling to secure dollar earnings and that has threatened its fuel, gas imports.

“I will not allow you to venerate Satanic music for Satan in my city,” Senanayake was heard saying.

UNICEF Sri Lanka says it received a contribution of USD 500,000 from the Government of Japan to support the provision of nutrition services for children and families affected by the ongoing crisis.

Except 2 sessions, the market has witnessed foreign inflows in last 34 straight sessions.

Food prices up 94.9-pct in the past 12 months

Due to current economic conditions social problems were worsening,

President of the Yuthukama organisation MP Gevindu Cumaratunga yesterday said that despite all gloom and doom predictions and statistics of a crisis prevailing in the country there was still a way out of the present plight if the country attempts to find solutions through cultural norms and ancient wisdom. Addressing the media in Colombo, Cumaratunga […]

The Veddah Chief, Uru Warige Wannila Aththo, has also called for a general election. With all the nonsense taking place in the Parliament these days, a general election is all the people must want in the hope of getting a good government to face up to the many issues caused by the economic crisis the […]