Sri Lanka’s central bank urges China and India to act quickly
Sri Lanka’s central bank Governor P. Nandalal Weerasinghe in an interview with BBC Newsnight urged China and India to act quickly for the country to secure a $2.9 billion IMF…
Sri Lanka cabinet approves new electricity tariff without saying what it is
(Reuters) – Sri Lanka’s cabinet on Monday approved new electricity tariffs to reflect the cost of coal and power generation to take effect this month, Power Minister Kanchana Wijesekera said,…
Presidential Task Forces Presents proposals to enhance Sri Lanka’s rank in the Ease of Doing Business Index
Officials representing the 8 Presidential Task Forces established under the Presidential Secretariat to enhance the Ease of Doing Business in Sri Lanka recently presented the issues and proposals to the…
Mattala Airport’s 2021 expenditure 21 times more than its income – Auditor General
Sri Lanka’s Auditor General reported that in 2021, the operational expenditure of the Mattala International Airport (MRIA) was Rs2.02 billion, 21 times more than its income for the same period.…
Sri Lanka’s tea production to fall to a 27-year low this year
As a result of bad policy combined with adverse climatic conditions, Ceylon tea production was adversely impacted and annual volumes are estimated to be approximately 250-255 M/Kgs would record the…
USAID Commences 5-Year Ocean Plastics Reduction Project in Sri Lanka and Maldives
The United States Agency for International Development (USAID) announced the official launch of a planned 5-year project in Sri Lanka and Maldives to reduce environmental plastics by decreasing the industrial…
CA Sri Lanka SME Task Force continues to uplift financial literacy among micro and small businesses
The SME Task Force of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) continued to play a catalyst role in uplifting the financial literacy among over 400…
Debt-Service Payments Put Biggest Squeeze on Poor Countries Since 2000
The poorest countries eligible to borrow from the World Bank’s International Development Association (IDA) now spend over a tenth of their export revenues to service their long-term public and publicly…
PRO FOOD, PROPACK AND AG-BIZ 2022 “Sri Lanka’s Largest Food, Packaging and Agriculture Expo”
Pro Food, Pro Pack & Ag-biz 2022, Sri Lanka’s only comprehensive food, agriculture and packaging exhibition will open its doors to the general public and trade visitors from the 18th ,19th ,…
Accenture: Large corporations on track to miss stated net-zero goals
More than 90 percent of large companies that have stated commitments to reaching net-zero emissions will miss such goals at their current pace, according to a new report. Among 2,000…