New Early Childhood Development Centers Planned, with Support from IFC, Commercial Bank and Sarvodaya
To help meet demand for quality childcare services among employed parents in the Eastern Province of Sri Lanka, the International Finance Corporation (IFC), Commercial Bank of Ceylon (CBC) and Sarvodaya…
Sri Lanka’s Debt restructuring talks could drag on for a long time despite expected IMF Support – Fitch Ratings
Fitch Ratings believes Sri Lanka is likely to secure financing support from the IMF after the fund’s Executive Board set a date of 20 March to review the USD2.9 billion…
Australia Keen to Invest in Sri Lanka’s Mining, Energy and Agriculture Sectors
With Australian companies increasingly eager to explore investment opportunities in Sri Lanka, tradeand investment promotion and facilitation activities can play a vital role in fast-tracking foreign directinvestment, High Commissioner for…
Steps underway to establish a National Policy Commission for planning, implementing, monitoring and reviewing national policies and strategies
A discussion pertaining to the concept paper related to the proposed establishment of the National Policy Commission for the purpose of planning, implementing, monitoring and reviewing national policies and strategies…
Sri Lank’s trade deficit hits a 12-year low in 2022
The deficit in the trade account in 2022 narrowed to the lowest level since 2010 to $ 5,185 million, from $8,139 million recorded in 2021. Earnings from exports in 2022…
Chinese cruise ships to visit Sri Lanka after travel restrictions are relaxed
The Sri Lanka Embassy in Beijing, with a view to attracting more Chinese tourists to Sri Lanka, is also actively exploring the possibility of Chinese cruise ships and yachts visiting Sri Lanka. The…
Four reasons to consider domestic debt restructuring
Sri Lanka faces a challenge to emerge from the continuing crisis. A recent publication by VERITÉ Research argues that domestic debt restructuring (DDR) provides four benefits critical for the economy…
Economic Reformist from Georgia Among Headliners at the Sri Lanka Economic Summit 2022
As Sri Lanka prepares to formulate and implement reforms that will enable economic revival, theSri Lanka Economic Summit 2022 organized by the Ceylon Chamber of Commerce will explorenecessary reforms and…
Central Bank Expected to Hold the Key Policy Rates
First Capital Research (FCR) weighed in on a 75 percent probability to maintain the rates while also assigning a lower probability of 25 percent towards a monetary relaxation. “We believe…
Sri Lanka’s offshore Wind generation capacity may reach 1GW by 2030- World Bank
The World Bank (WB) has commenced the industry consultation process to develop an offshore Wind Development Roadmap for Sri Lanka. By 2030, installed offshore Wind generation capacity is estimated to…