Politics

AKD Blames Ranil for Sri Lanka’s Financial Crisis, Spares Gotabaya

Presidential candidate Anura Kumara Dissanayake has attributed Sri Lanka’s 2022 financial crisis to incumbent President Ranil Wickremesinghe, while largely absolving former President Gotabaya.

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Economics

Sri Lanka Anticipates IMF Mission Visit in Two Weeks, Says President Wickremesinghe

Sri Lanka is expecting a mission from the International Monetary Fund (IMF) in two weeks, President Ranil Wickremesinghe announced at a campaign rally.

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Economics

China Exim Bank Becomes First to Restructure Sri Lanka’s Debt

Sri Lanka has successfully restructured defaulted loans and past due interest owed to the Export Import Bank of China, transforming them into $4.187.

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Politics

Sri Lanka President Launches Manifesto Pledging Economic Development, Job Creation, and Tax Cuts

Sri Lankan President Ranil Wickremesinghe has unveiled his 2024 election manifesto, focusing on economic development, reducing the cost of living, creating jobs, raising.

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Economics

Japan Considers Reviving Canceled Sri Lanka $1.5 Billion LRT Project

A $1.5 billion Light Rail Transit (LRT) project, previously canceled unilaterally by former Sri Lankan leader Gotabaya Rajapaksa, may be considered as a.

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Educational Opportunities

Sri Lanka to Streamline Post-School Education and Revamp NVQ System

At the Sri Lanka Human Capital Summit 2024 held on July 18 at Temple Trees, President Ranil Wickremesinghe highlighted the need for significant.

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Economics

Sri Lanka Unveils Rs 13 Billion Aid Package for MSMEs

President Ranil Wickremesinghe announced a Rs 13 billion financial aid package for micro, small, and medium-scale enterprises (MSMEs) in Sri Lanka. This initiative.

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Investing

Bingiriya Investment Zone to Generate $2.6 Billion in Export Income

The completion of the Bingiriya Investment Zone is projected to generate $2.6 billion in export income and create 75,000 job opportunities, stated President.

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Economics

EU to Boost Ceylon Cinnamon Exports to Premium Markets

The European Union (EU) plans to leverage the expertise of the International Finance Corporation (IFC) to promote Ceylon cinnamon exports to higher-value markets,.

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Education and Career

Sri Lanka Mulls Essential Service Status for Teaching

Sri Lanka’s President Ranil Wickremesinghe has indicated plans to designate teaching as an essential service to safeguard children’s education, emphasizing the necessity for.

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