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)
King Charles Pays Homage to Korean Pop Culture in State Banquet Speech
During a lavish state banquet at Buckingham Palace, King Charles added an unexpected touch of modernity by referencing Korean popular
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
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)
A courtesy call between Chinese President’s Special Envoy & State Councillor Shen Yiqin and President Wickremesinghe
A broad focus on promoting tourism and trade relations between the two countries. The Special envoy of the Chinese President,
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)
Speaker Abeywardena Sets Protocols for Parliamentary Select Committee Meetings
In a special statement to the House this morning (20), Speaker of Parliament Mahinda Yapa Abeywardena announced that no outsiders
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
Government Revenue Surges by 43.5% to Rs.1,826.62 Billion in First Eight Months; Budget Deficit Expands to Rs.1,470.66 Billion
In the initial eight months of the fiscal year, the government witnessed a robust 43.5% surge in revenue, reaching Rs.1,826.62
President Ranil Wickremesinghe Advocates Collaborative Solutions for Global South’s Debt Challenges
In a virtual address during the Leader’s Session of the Second Voice of Global South Summit, President Ranil Wickremesinghe underscored