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Sri Lanka
119 posts
Sri Lanka’s Economy Shrank 3.1% in Second Quarter Amid Financial Crisis
COLOMBO, Sept 15 (Reuters) – Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on…
‘Every Day is a Struggle’: Sri Lanka Banks on Asia Cup Cricket Tournament
Colombo, Sri Lanka – Until a few months ago, SMS Senaratne struggled to put three meals on the table…
Sri Lanka Targeting USD 2 Bn a Year in Gem Export Earnings by 2025
ECONOMYNEXT – Sri Lanka’s National Gem and Jewellery Authority anticipates an annual revenue of 2 billion US dollars…
Sri Lanka’s July Consumer Inflation More Than Halves to 4.6%
COLOMBO, Aug 21 (Reuters) – Sri Lanka’s consumer inflation rate more than halved to 4.6% year-on-year in July,…
Sri Lanka Can Solve Its Economic Crisis: Here’s How
Ranil Wickremesinghe took over as President of Sri Lanka in July 2022 when the country was in the…
Sri Lanka to Join RCEP Trade Bloc to Rebuild Its Crisis-hit Economy: President Wickremesinghe
COLOMBO: President Ranil Wickremesinghe has said Sri Lanka seeks to join the Regional Comprehensive Economic Partnership (RCEP) trade bloc comprising China and…
Sri Lankan President Vows to Strengthen Provincial Governments to Share Power With Tamil Minority
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president said Wednesday he will strengthen provincial governments to meet long-standing…
India and Sri Lanka to Strengthen Economic Partnership
India and Sri Lanka boosted their economic partnership by signing a series of agreements on energy, trade and…
Sri Lanka Passes Anti-corruption Bill as Part of IMF Bailout Plan
Sri Lanka’s Parliament has approved an anti-corruption bill, aimed at improving governance in the crisis-hit country and meeting…
Crisis-hit Sri Lanka May Allow Indian Rupee to Be Used in Local Transactions
COLOMBO, Sri Lanka (AP) — Sri Lanka is considering the possibility of allowing the use of the Indian…