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Indian chili exporters in a bind over delay in dues from Sri Lanka
An economic crisis in Sri Lanka has pushed chili exporters from India into deep trouble as the importers in the island nation are unable...
UNDP, EU join hands to support Sri Lanka’s tourism revival
The European Union (EU) and the United Nations Development Program (UNDP) in Sri Lanka have come together to support the Government and people of...
People’s Bank removed from the Blacklist
The Economic and Commercial Office of the Chinese Embassy in Colombo has removed People's Bank from the Black List. The decision was taken due...
Going abroad for education is one of the reasons for the dollar crisis – PM
Prime Minister Mahinda Rajapaksa says that hundreds of millions of US dollars flow out of the country annually due to students going abroad for...
Central Bank’s new solutions to the dollar crisis
The Central Bank has launched a special program to repatriate export earnings and attract remittances from foreign workers. The Central Bank has issued a...