A meeting was held with the minister and other stakeholders on September 06

"Wearing a saree reduces productivity because we have to wear appropriate accessories such as heels"

New York City CNN —Climate action groups around the world are calling for World Bank President David Malpass to resign after he refused to answer a question around the cause of the climate crisis. At a panel discussion on Tuesday, Malpass dodged a question over whether he accepted the scientific consensus that humans burning fossil […]

Many Sri Lankans have changed their food consumption, eating pattern due to high prices, analysts say

Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports

Wickremesinghe also met King Charles III on Sunday September 18.

Critics of the party have claimed that the party is trying to quietly sow public scepticism about the deal

"We need to provide the right product and think out of the box in this segment. It's highly competitive."

(PTI) The Sri Lankan government will virtually brief all its external creditors, on September 23, on the deal agreed with the International Monetary Fund (IMF) for the economic recovery and the next steps in the debt restructuring process. On September 1, the IMF reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement […]

Investor sentiment has turned buoyant after IMF comments

Sri Lanka still struggles to smoothen its fuel distribution due to forex shortage created by money printing

Services PMI goes above 50, manufacturing recovery seen in some sector

‘IMF won’t maintain ministers, excess staff’ By Shamindra Ferdinando Dissident SLPP MP Prof. G. L. Peiris has alleged that the failure on the part of Parliament to fulfil one of its primary obligations, namely the responsibility for public sector finance caused the current crisis. The incumbent government had been compelled to seek the International Monetary […]

By Rathindra Kuruwita Those who claimed that privatisation was the panacea for Sri Lanka’s economic ills had to present information about privatise institutions first, Janatha Vimukthi Peramuna (JVP) leader Anura Kumara Dissanayake said on Wednesday at a conference on privatisation of state assets. Dissanayake said that the SLPP had campaigned in 2019 and 2020 on a […]

Shares have been on the rise mainly on positive sentiment after the IMF comments.

Agriculture contracted 8.4 percent, industry 10 percent and services 2.2 percent.

"If the ministry is able to sign a contract with a supplier now, we should have coal by the end of next month."

Market sees over 600 million rupees of net foreign inflow

Arrivals down 20 percent in August compared to July.

The program aims to provide fertilisers up to 1 million farmers