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.

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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.

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Economics

President of Sri Lanka Announces Historic Wage Increase for Privatized Plantation Workers

Sri Lankan President Ranil Wickremesinghe made a significant announcement during the May Day rally of the Ceylon Workers’ Congress (CWC) in Kotagala, revealing.

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Global Affairs

Samsung, South Korea, Reports 10-Fold Profit Increase Amid Memory Chip Recovery

Samsung Electronics, a prominent South Korean tech giant and a subsidiary of the Samsung Group, has recently announced a substantial jump in its.

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Global Affairs

Bonza, Australia’s Budget Airline, Cancels Flights, Leaving Passengers Stranded

Low-cost airline Bonza has ceased all flights, citing concerns over its business’s ongoing viability, leaving numerous passengers stranded. Chief executive Tim Jordan expressed.

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Economics

MRCC Colombo Facilitates Transfer of Ailing Fisherman, Boosting Blue Economy Efforts

A Sri Lankan fisherman, who fell ill while at sea, was rescued and brought ashore last Saturday (27) following an urgent call for.

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Economics

Ceylon Chamber Applauds National Digital Economy Strategy

The Ceylon Chamber of Commerce has emphasized the crucial importance of implementing the National Digital Economy Strategy 2030 with active involvement from the.

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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.

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