Repaying foreign debt or financing essential imports? The available foreign reserves of the country can be used to either repay foreign creditors or to finance imports...
The Government has spoken of both Rupee and Dollar shortages. The severity of these problems is reflected in the following startling data points: On the lack...
Mumbai: As Sri Lanka grapples with a severe foreign exchange crunch, high street banks in India have turned cautious and selective about their exposures to the...
Chinese investment in Sri Lanka ‘Jaffna is not situated south of any country … there is no hidden agenda’ By Shamindra Ferdinando Chinese Ambassador to Colombo...
Leading e-commerce solutions provider, ISM APAC announced its unification and transition with Sana Commerce Global, a leading Netherlands-based e-commerce company, as Sana Commerce Sri Lanka. This...
… rules out backing any common candidate, citing experience of UNP By Cyril Wimalasurendre SJB National Organiser Parliamentarian Tissa Attanayake yesterday said that his party had decided...
It is not mandatory for Sri Lankans working abroad to convert their remittances into Sri Lanka rupees, the Central Bank of Sri Lanka (CBSL) stated on...
ICC Under 19 Men’s Cricket World Cup Group D Preview: A quick glance at the make-up of Group D of ICC Under 19 Men’s Cricket World...
Global artificial intelligence (AI) and algorithmic decisioning software company Algonomy announced its plans to acquire the business of Linear Squared (Pvt.) Ltd., a cloud-based technology company...
Monday 10th January, 2022 The government claims that its Trincomalee oil tank farm deal with India is a huge win for Sri Lanka. If so, the...