IMF Applauds Sri Lanka-China Exim Bank Agreement as Positive Step in Debt Restructuring
The International Monetary Fund (IMF) has lauded the agreement between Sri Lanka and the Export-Import Bank of China (Exim Bank)
Disparity in Wage Growth: Informal Private Sector Records 6.8% Increase, While Public Sector Stagnates
In the 12 months leading up to September 2023, informal private sector employees experienced a notable surge in wages, witnessing
Sri Lanka-Thailand Free Trade Agreement (SLTFTA) Set to be Signed on February 3, 2024
The proposed Sri Lanka-Thailand Free Trade Agreement (SLTFTA) is scheduled to be officially signed on February 3, 2024, as announced
Cabinet Approves Reduced Price of Rs. 9,000 for Muriate of Potash (MoP) Fertilizer
The Cabinet has granted approval to set a price of Rs. 9,000 for a pack of Muriate of Potash (MoP)
COPA Initiates Probe into Under-Invoicing of Coal Stocks for VAT Evasion
The Committee on Public Accounts (COPA) has announced its intention to launch an investigation into instances of under-invoicing of coal
Fitch Ratings Warns of Heightened Collateral Price Risk for Sri Lanka’s Finance and Leasing Companies Due to Surge in Gold-Backed Lending
Fitch Ratings has raised concerns about the increasing reliance on gold-backed lending within Sri Lanka’s finance and leasing companies (FLCs)
Namal Rajapaksa Holds SJB and NPP Accountable for Economic Woes, Defends Tax Reduction
Namal Rajapaksa, Member of Parliament for Hambantota District Sri Lanka Podujana Peramuna (SLPP), has asserted that both the Samagi Jana
Prioritizing National Security in National Interest
The Port of Colombo is the largest and busiest transshipment port in the Indian Ocean. It has been operating at
China Maintains Benchmark Lending Rates Amid Economic Uncertainties
China opted to keep its benchmark lending rates unchanged in the monthly fixing on Monday, aligning with expectations. The decision
Chinese State Councilor Shen Yiqin Leads Delegation on Official Visit to Sri Lanka
A Chinese delegation, led by State Councilor Shen Yiqin, arrived in Sri Lanka on an official visit on Saturday, November