Plantation Workers Set to Get Revised Daily Wage of Rs. 1,350 from October 10
Plantation sector workers in Sri Lanka are set to receive a revised daily minimum wage of Rs. 1,350, effective October 10. This increase.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
ADB Pledges Continued Support for Sri Lanka’s Development
A delegation from the Asian Development Bank (ADB), led by Country Director Takafumi Kadono, met with President Anura Kumara Dissanayake yesterday to reaffirm.
- October 8, 2024
Economics
World Bank Signs $200 Million Deal to Support Sri Lanka’s Economic Reforms
The World Bank and the Government of Sri Lanka signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) yesterday,.
- October 8, 2024
Economics
EnerGulf Champions Sustainable Energy Leadership in Sri Lanka
In the evolving landscape of solar energy, driven by technological advancements and growing environmental concerns, effective leadership is crucial for navigating challenges and.
- October 7, 2024
Economics
CEBEU Expresses Hope Amid Leadership Changes to Prevent Power Crisis in 2026-2027
The Ceylon Electricity Board Engineers’ Union (CEBEU) has expressed optimism that recent leadership changes at the Ceylon Electricity Board (CEB) will create a.
- October 7, 2024
Economics
Ceylon Chamber Commends Progress in Sri Lanka’s ISB Debt Restructuring Approval
The Ceylon Chamber of Commerce has praised the Sri Lankan government’s successful consultations with the International Monetary Fund (IMF) and the Official Creditor.
- October 7, 2024
Economics
IMF Advocates Dedollarization and Monetary Policy Reform in Sri Lanka
The International Monetary Fund (IMF) has stirred political discussions around dedollarization in Sri Lanka through a report on liquidity operations and monetary policy..
- October 7, 2024
Economics
CEB Accused of Rs. 50 Billion Burden on Electricity Consumers
The Electricity Consumers’ Association (ECA) has alleged that the Ceylon Electricity Board (CEB) is imposing an additional financial burden of approximately Rs. 50.
- October 4, 2024
Economics
IMF to Reveal Dates for Sri Lanka’s Third Review Under EFF Program
The International Monetary Fund (IMF) is set to announce the dates for the third review under the Extended Fund Facility (EFF) program for.
- October 4, 2024
Economics
President Discusses Tax Relief Plans with IMF Delegation in Sri Lanka
President Anura Kumara Dissanayake met with an IMF delegation yesterday, including Asia Pacific Department Director Krishna Srinivasan and Senior Mission Chief Dr. Peter.
- October 4, 2024