United States extends technical support to VEGA to Promote Green Energy and Electric Vehicles in Sri Lanka
In continuing its support to promote sustainable energy and economic growth in Sri Lanka., United States yesterday agreed to provide technical assistance to VEGA Innovations to help them further develop Sri…
The United States contributes $27 million to double Sri Lanka’s dairy production
The U.S. Ambassador to Sri Lanka Julie Chung attended the signing ceremony for a Memorandum of Understanding (MOU) with the Sri Lankan Department of Agriculture, for a $27 million project…
Dhammika Perera Tipped to Become the Minister of Technology and Investment Promotion
Top Businessman Dhammika Perera is set to enter the Parliament replacing Basil Rajapakse and is tipped to swear in as the Minister of Technology and Investment Promotion. President Gotabaya Rajapaksa…
Sri Lanka needs $6 billion to keep the country afloat for the next six months
Sri Lanka requires $6 billion during the next six months to keep the country afloat, according to Prime Minister Ranil Wickremesinghe. Over half of the requirements is for fuel and…
Sri Lanka’s agripreneurial community makes recommendations for the revival of the agriculture sector ahead of food crisis
There are constant dire warnings of impending food shortages citing many causes and blames onpast actions. While it is useful and wise to be forewarned, the warnings alone will not…
The debate on Rs. 695 billion Supplementary Budget is scheduled for the 8th
The debate on the Supplementary Estimate of Rs. 695 billion which is to be presented on the 7th by the Prime Minister, Ranil Wickremesinghe will be taken up for debate…
USAID Partners with Keells Supermarket to promote competitiveness in Sri Lanka’s MSMEs
The U.S. and Keells are partnering to strengthen small businesses in Sri Lanka through an agreement to connect Keells suppliers with private business advisory service providers. “The small businesses that…
Ceylon Chamber meets Sri Lanka’s Political Leaders to discuss economic and political crises
The Ceylon Chamber of Commerce officials met with the leaders of several key political parties during the last 4 days to discuss the serious economic and political challenges faced by…
Sri Lanka protesters call for new government a day after clashes kill eight
(Reuters) – Protesters and a key trade group in Sri Lanka called for a new government to take control of the crisis-hit country on Tuesday while the president asked for…
Economic crisis in Sri Lanka and its impact on older adults
By Keshini Madara Marasinghe Sri Lanka is experiencing its worst economic downturn in history. Due to depleting foreign reserves, the country is facing shortages in fuel, food, cooking gas, medicines,…