Official Poverty Line Shows 144% Increase in Minimum Expenditure for Basic Needs
The Department of Census and Statistics (DCS) has revealed a significant surge in the minimum expenditure required to fulfill basic
Cabinet of Ministers Approves Suspension of Special Commodity Levy Act from January 1, 2025, States Finance State Minister Ranjith Siyambalapitiya
Finance State Minister Ranjith Siyambalapitiya has announced that the Cabinet of Ministers has accepted the proposal to suspend the Special
China’s Sinopec to Initiate Refinery Project in Sri Lanka Amidst Economic Recovery Efforts
The power minister announced on Thursday that China’s Sinopec, the world’s largest refiner, is set to commence work on a
Sri Lanka Optimistic about Debt Restructuring Progress, Eyeing IMF Financing
Sri Lanka expresses optimism regarding the resolution of debt restructuring issues in the second quarter, aiming to secure financing from
Sri Lanka’s Latest Poverty Line Unveiled by Census and Statistics Department
The Census and Statistics Department has revealed the newest poverty line for Sri Lanka, offering crucial insights into the financial
Study Reveals 20,000 to 30,000 Underage Street Children Begging Nationwide
A recent study conducted by Senior Professor Wasantha Athukorala from the Statistics and Data Studies Department at Peradeniya University has
Net Credit to Private Sector Shrinks by Rs. 52.2 Billion
There is a noticeable appetite for credit in the market, as interest rates have reached levels favorable to borrowers. In
President Xi Jinping Reaffirms China’s Support for Sri Lanka During Bilateral Talks with Prime Minister Dinesh Gunawardana
During a bilateral discussion with Sri Lankan Premier Dinesh Gunawardana in Beijing, President Xi Jinping conveyed China’s unwavering support to
Conference on Digital Public Infrastructure Held in Colombo, Jointly Organized by the High Commission of India and Sri Lanka’s Ministry of Technology
The High Commission of India, in collaboration with Sri Lanka’s Ministry of Technology, convened a conference on Digital Public Infrastructure
Sri Lanka Anticipates Private Equity Deals Worth Up to USD 250 Million in 2024, Says MCM Partners
MCM Partners, a Hong Kong-based merchant banking firm, projects a significant turnaround for private equity deals in 2024, with Sri