Cinnamon Prices Decline in Sri Lankan Market, Impacting Local Economy
The Department of Agriculture has reported a significant drop in cinnamon prices in the Sri Lankan market. Specifically, Alba cinnamon,
Hambantota International Port Poised for Expansion into Refinery, Energy Hub, and Container Transshipment Operations
The Hambantota International Port (HIP) has declared its readiness to elevate its operations, transitioning into a refinery, energy hub, and
Sri Lanka President Ranil Wickremesinghe Engages with US Special Presidential Envoy John Kerry at COP28 Summit in UAE
During the COP28 summit in the UAE, Sri Lanka President Ranil Wickremesinghe held a meeting with the US Special Presidential
Sri Lanka’s Merchandise Exports Experience a 14.6% Decline to USD 898.0 Million in October 2023
Sri Lanka’s merchandise exports encountered a notable downturn, registering a 14.6% decrease to USD 898.0 million in October 2023 compared
Education Minister Announces Ambitious Plans for Students, Including Free Lunch Program
In a significant announcement, Minister of Education, Dr. Susil Premajayantha, declared that starting from 2024, lunch will be provided for
Unclaimed Funds: Rs. 16 Million for 74 Electricity Connections to Parliamentary Residences by End of 2022
At the conclusion of 2022, a total of Rs. 16 million linked to 74 electricity supply connections provided to parliamentary
Ceylon Bank Employees’ Union Takes a Stand Against State Bank Privatization
At the recent National Conference of the Ceylon Bank Employees’ Union, a resounding voice of opposition against the privatization of
President Ranil Wickremesinghe Engages in Bilateral Talks at COP28, Emphasizing Green Economy Transition and Regional Collaboration
President Ranil Wickremesinghe participated in bilateral talks with French President Emmanuel Macron on Saturday (Dec. 02) on the sidelines of
Sri Lanka Anticipates Over 1 Million Tourists by Year-End, Targets 1.5 Million in 2023
The Sri Lanka Tourism Development Board (SLTDB) has disclosed its expectation of surpassing 1 million tourist arrivals by the close
Sri Lanka’s Bondholders Express Concerns Over Lack of Transparency in Debt Restructuring
The ‘Ad Hoc Group of Bondholders,’ representing creditors holding approximately US $12 billion of Sri Lanka’s outstanding bonds, has voiced