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Sri Lanka and Indonesia resume negotiations on PTA soon

Sri Lanka and Indonesia are to resume negotiations soon on the Preferential Trade Agreement (PTA) between the two countries which was initiated during the...

SL cost of living soars, people eating less nutritious foods:FAO

Sri Lanka’s vulnerable households have apparently reduced their food consumption or switched to comparatively cheaper but less nutritious foods, with an overall negative effect...

Fuel price formula, power cuts coming soon with no dollars more

Sri Lanka is to experience power cuts, fuel price hike, food shortage, coupon systems and rationing of essential commodities with the worsening of dollar...

COVID pandemic’s ‘acute phase’ could end by midyear: WHO

The head of the World Health Organization has said the acute phase of the pandemic could end this year, if about 70 percent of...

Sri Lanka and India finalizes US$1 billion credit line  

Sri Lanka and India are now on the verge of finalizing the US$1 billion Indian credit line offered to overcome the country’s dollar crisis. Progress...

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Mattala Airport Bid Sparks Regional Power Struggle

Sri Lanka’s ambitious plan to revive the loss-making Mattala...

Banking Scandals Expose Gaps but System Remains Stable

Two high-profile financial scandals a multi-million-dollar Treasury cyber theft...

BOI’s Digital Investment Drive Targets Billions in Foreign Capital

Sri Lanka is aggressively reshaping its investment landscape through...
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