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- island.lk - Category : Breaking News - Relavancy : 0.047142178

USD 73 mn down the drain? The US Embassy is on record as having said that USAID conducted a project at a cost of USD 73 mn during the Yahapalana administration (2015-2019) to enhance the efficiency of lawmakers and be responsive to the people they represent. In terms of this project, 50 Research Assistants of […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.0544351

Infinite Group, a global leader in the education sector with a presence in over ten countries worldwide, is leading the charge in revolutionising education services in Sri Lanka. Despite the economic downturn that saw the Sri Lankan economy shrink by 11.5% in the first quarter of 2023, Infinite Group has experienced a surge in applications […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03266106

[…]The post New CBSL Act – Monetary Policy – Interest Rates Et Al. appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.123172574

President Ranil Wickremesinghe yesterday issued orders to police to provide necessary security measures for Israelis in Sri Lanka The President issued the directive during his briefing to the Cabinet of Ministers, the President’s Media Division (PMD) said. PMD said: In a briefing to the Cabinet, President Ranil Wickremesinghe expressed deep concern over the recent attacks […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.123172574

President Ranil Wickremesinghe has ordered Police protection for Israelis in Sri Lanka and also condemned the unprecedented attack by Hamas on Israel killing a large number of civilians. The President told the Cabinet that there are several Sri Lankans working in Israel and the Ministry of Foreign Affairs must locate them and ensure their safety. […]

- island.lk - Category : Breaking News - Relavancy : 0.0544351

Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories are not oil producers but the Middle Eastern region accounts for almost a third […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.04354808

Former British Prime Minister David Cameron says Sri Lanka has a key role to play in the South Asia region. Cameron was speaking at the Port City Colombo UAE Road Show, a media release issued today said. The Road Show unveiled the potential of Port City Colombo (PCC) for all to see, drawing the attention […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03810457

[…]The post Misconceived Resilient Economy Needs Fixing By Restoring Broken Supply Chains appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07542749

[…]The post Why The Shock Over IMF’s Diagnostic Report?  appeared first on Colombo Telegraph.

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- island.lk - Category : Breaking News - Relavancy : 1.8138473

By Shihar Aneez Sri Lanka’s Information and Communication Technology (ICT) sector is facing a dearth of skilled workforce with most having already left the country, a top official said. Sri Lanka has aimed at boosting the digital economy to contribute at least $15 billion to the economy by 2030 under the Digiecon-2030 plan which includes […]

- onlanka.com - Category : Breaking News - Relavancy : 0.03810457

Fitch Ratings has affirmed Bank of Ceylon's (BOC) Long-Term Local-Currency Issue Default Rating (IDR) at 'CCC-' and removed it from Rating Watch Negative (RWN). The Outlook is Stable.The post Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.32542896

By Neville Ladduwahetty President Ranil Wickremesinghe eloquently outlined the current global economic crisis affecting the developing world, in particular the Global South, during his speech at the Berlin Global Dialogue. In the course of his presentation he conveyed

- onlanka.com - Category : Breaking News - Relavancy : 0.06532212

Sri Lanka's central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks to lift revenue and repair its balance sheets in a bid to secure continued financial support from the International Monetary Fund.The post Sri Lanka resumes rate cuts to boost growth as inflation cools appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.06532212

Every parent aspires to provide the best possible education for their children and to fulfil their hopes and dreams. Considering the rising cost of education, parents have to have a plan in place for being able to afford higher education or for sending the child to a university overseas when the time comes. However, it […]

- onlanka.com - Category : Breaking News - Relavancy : 0.32542896

The World Bank revised up its forecasts for Sri Lanka's economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.The post World Bank boosts Sri Lanka economic forecasts after inflation

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08709616

[…]The post The Courts Would Be The Better Option For Undemocratic Actions To Be Contested appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.08709616

By Jehan Perera The government has allocated Rs 11 billion in the provisional budget for next year for the presidential elections due in September. This is a positive indication that the government intends to hold those elections.  Free and fair elections being held when due is a core concept of a functioning democracy. This was […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03810457

[…]The post Has The Economy Been Assassinated & If So, Who Were The Assassins? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.076982856

Opinion will surely be divided on whether Foreign Minister Ali Sabry should have waded into the ongoing spat between India and Canada on the assassination of a Sikh Canadian citizen allegedly by Indian agents according to Canadian Prime Minister Justin Trudeau. Sabry got a lot of media play in India characterizing Trudeau’s statement to Parliament […]

- island.lk - Category : Breaking News - Relavancy : 0.14606471

The West has labeled China’s Belt and Road Initiative as a cohesive program, and the participating countries like Sri Lanka are looked upon with suspicion, President Ranil Wickremesinghe said on Thursday (28) at the Berlin Global Conference. “This will further hurt economic prospects in the global South, and the polarization will become more evident,” he […]

- island.lk - Category : Breaking News - Relavancy : 0.08709616

By SHIHAR ANEEZ ECONOMYNEXT –Sri Lanka’s second tranche of a $3 billion loan from the International Monetary Fund is likely to be delayed as the country has failed to meet the program objective and a global lender’s official said there is no fixed timeline on the disbursement of second tranche. Sri Lanka’s government revenue is likely […]

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