Sri Lanka, Iran Presidents inaugurate Uma Oya hydro-electric project
Iran’s President Seyyed Ebrahim Raisi and Sri Lanka’s President Ranil Wickremesinghe jointly inaugurated a hydroelectric project in Sri Lanka, adding significant capacity to.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
Colombo to become tourist city, no more aragalaya: Sri Lanka President
President Ranil Wickremesinghe unveiled ambitious plans to elevate Colombo into a prominent tourist destination, signaling a transformative phase for the city’s development. These.
- April 26, 2024
Economics
Sri Lanka will need Rs 40 Bn to increase senior citizens’ interest rate to 15 pct
Sri Lanka is contemplating the financial implications of raising the interest rate for senior citizens’ savings to 15%, requiring an estimated Rs 40.
- April 25, 2024
Economics
Sri Lanka worker migration, passport issues, begin to decline
Official data reveals a consistent decline in Sri Lanka’s foreign employment departures over the past five months, accompanied by a decrease in new.
- April 25, 2024
Economics
Higher Interest Rates: A Tale of Two Economies
The International Monetary Fund (IMF) has shed light on the varied impacts of rising interest rates across different economies in its recent World.
- April 15, 2024
Economics
Sri Lankan Apparel Giant Brandix Receives Top BOI Export Award
Sri Lanka’s Board of Investment (BOI) recognized Brandix Apparel, the country’s leading garment manufacturer, as the Most Outstanding Exporter in the Merchandise category.
- April 4, 2024
Economics
Sri Lanka Sets Course for Sustainable Recovery with New ADB Partnership Strategy
The Asian Development Bank (ADB) has unveiled a new chapter in its collaboration with Sri Lanka. The ADB Sri Lanka Country Partnership Strategy.
- April 4, 2024
Economics
A Glimpse of Recovery: Sri Lanka’s Economy Shows Signs of Improvement, But Challenges Remain
The World Bank’s latest Sri Lanka Development Update paints a cautiously optimistic picture of the nation’s economic future. While 2024 is projected to.
- April 3, 2024
Economics
Local Egg Production Ramps Up, Prices Expected to Fall in Sri Lanka
Good news for Sri Lankan consumers! The All Ceylon Poultry Traders Association (ACPTA) is urging the government to halt egg imports as local.
- April 2, 2024
Economics
LAUGFS Gas Announces Price Reduction for Domestic LPG
Sri Lanka’s economic climate is experiencing a positive shift, and LAUGFS Gas PLC is passing on the good news to consumers. Citing a.
- April 2, 2024