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CB releases US$ 5 Mn issued to clear essential commodities stranded at ports
The long delayed clearance of over 1000 essential commodity containers struck at the Colombo port due to lack of dollars for repayments for food...
Gem and jewelry industry hails new supportive regulations
The gem and jewellery industry this week welcomed the implementation of the new regulations for the sector by the Government through the Gazette issued...
Central Bank sells family gold to battle foreign exchange crisis
The Central Bank has partly sold the country’s gold reserves as it battles the ongoing foreign exchange crisis to boost liquid reserves.
Central Bank Governor,...
Govt. to import rice from Myanmar pushing the country into crop crisis
The economically troubled Sri Lanka banned chemical fertilizers without a proper plan for green farming and neglecting the preparation of farmers, prompting a surge...
Bill and Melinda Gates Foundation to assist Sri Lanka
The Bill and Melinda Gates Foundation (BMGF) has offered to assist Sri Lanka in the development of Farmer Data Management Systems and Digital Strategy.
The...