Sri Lanka’s Official Remittances Surpass $2 Billion in January-April 2024
Sri Lanka’s remittances through official channels have exceeded 2 billion dollars in the first four months of this year, marking a notable increase..
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
Government’s Daily Revenue Reaches Rs. 8.42 Billion
Transport, Highways, and Mass Media Minister Dr. Bandula Gunawardhana has highlighted a concerning financial scenario, revealing a daily expenditure of Rs. 14.67 billion.
- May 13, 2024
Economics
Prominent Panel of Intellectuals Set to Deliberate on Nation’s Economy at Doramadalawa Today
The popular television show “Doramadalawa,” known for its insightful discussions, will feature a panel of experts tonight at 10 pm on Independent Television.
- May 13, 2024
Economics
Sri Lanka Targets $17 Billion Reduction in External Debt through Restructuring by June
Sri Lanka’s Minister of Foreign Affairs, Ali Sabry, announced plans for the government’s ambitious foreign debt restructuring, aiming to finalize the process by.
- May 9, 2024
Economics
Sri Lanka’s Central Bank Governor Forecasts Stable Rupee with Minimal Volatility Ahead
Sri Lanka’s Central Bank Governor, Nandalal Weerasinghe, expressed confidence in the stability of the country’s rupee, citing current data. He reassured reporters that.
- May 9, 2024
Economics
Omega Line Honored for Economic Contribution at ‘Best Corporate Citizen Sustainability Awards
Omega Line Ltd, a key player in Sri Lanka’s apparel export industry and part of the Italy-based Calzedonia Group, was honored with the.
- May 8, 2024
Economics
Sri Lanka’s Gross Foreign Reserves Reach 3.5-Year High in April
Sri Lanka’s gross official reserves experienced a significant increase in April 2024, reaching 5,438 million US dollars, according to official data, as the.
- May 8, 2024
Economics
Sri Lanka’s Central Bank Raises Concerns Over Shift in IMF-Agreed Economic Policies
Sri Lanka’s Central Bank Governor Nandalal Weerasinghe cautioned against deviating from current IMF-subscribed economic policies and reforms, warning of a return to the.
- May 8, 2024
Economics
Deputy Governor: Sri Lanka’s EPF Sees Return to Positive Net Contribution in 2024
Deputy Governor Yvette Fernando announced that Sri Lanka’s Employment Provident Fund (EPF) contributions returned to a positive trend in 2024, reversing the previous.
- May 8, 2024
Economics
Government Greenlights 484 MW Wind Power Project with Adani Green Energy
The government has given its approval for the development of 484 Megawatt wind power stations in Mannar and Pooneryn, marking a significant step.
- May 7, 2024