Economics

President Wickremesinghe’s Initiatives Aim to Revitalize Economy and Infrastructure

State Minister for Rural Roads Development, Mr. Sivanesathurai Chandrakanthan, voiced confidence in President Ranil Wickremesinghe’s leadership to navigate Sri Lanka out of its.

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Economics Tourism

Maldives Becomes Second Largest Tourist Source for Sri Lanka Despite Visa Controversy

The Maldives has overtaken the United Kingdom as the second-largest source of tourists for Sri Lanka in May, despite an ongoing controversy surrounding.

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Economics Tourism

Sri Lanka’s New Visa Deal Sparks Retaliation Threat from Maldives

Sri Lanka’s recent decision to outsource visa processing and introduce “processing” and “convenience” fees has ruffled feathers in the Maldives, a close neighbor..

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Economics

Analyst Warns: Adani Deal Highlights Sri Lanka’s High Costs Due to Lack of Competition

Murtaza Jafferjee, Chairman of the Colombo-based think tank Advocata Institute, advocates for opening both traded and non-traded sectors in Sri Lanka to competition..

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Economics

Advocata Hosts Sri Lanka Economic Governance Forum: A Platform for Economic Insight

A forum titled “Charting the Course: Revitalizing Economic Governance for Prosperity” is scheduled for May 18, featuring a high-level panel representing the public.

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Economics

Sri Lanka Set to Unveil Economic Transformation Bill: A Game-Changer in Policy Making

The Economic Transformation bill, poised for imminent gazetting, marks a significant stride in Sri Lanka’s economic trajectory, as announced by Cabinet Spokesman Minister.

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Economics

EDB and Peoples’ Bank Join Forces: Offering Exporters Finance and Expertise

In a bid to empower small and medium scale enterprises (SMEs) and enhance their participation in the global export arena, People’s Bank and.

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Economics

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..

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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.

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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.

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