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Month: June 2023

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  • Sri Lanka Approaches Final Stage of Debt Restructuring Strategy to Revive Economy

Sri Lanka Approaches Final Stage of Debt Restructuring Strategy to Revive Economy

Sri Lanka is approaching the final stage of unveiling its debt restructuring strategy, marking a significant milestone in the nation’s efforts to navigate its worst economic crisis in seven decades.…

23 UDA projects halted with state funds running dry and due to inter-institutional conflicts

Sectoral Oversight Committee on Environment, Natural Resources & Sustainable Development disclosed that 23 projects initiated by the Urban Development Authority (UDA) by spending government funds have come to a halt…

World Bank set to approve $700 mln for Sri Lanka next week -sources

(Reuters) – The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters,…

Over 50 Sri Lankan Companies Experience Business Benefits by Promoting Diversity and Inclusion in the Workplace

Two partnerships by the International Finance Corporation (IFC) has led to over 50 private sector companies in Sri Lanka advancing gender equality as well as working towards the economic inclusion…

Sri Lanka’s jewelry manufacturers urge the government to lift the ban on gold imports

The representatives of the gem and jewellery industry recently highlighted that due to the ban on the import of gold, the business community involved in the jewellery manufacturing industry, targeting…