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Sri Lanka banks call for insolvency regime, discussions as bad loans rise
ECONOMYNEXT – Sri Lanka’s commercial banks have called an effective insolvency regime and discussions through the central bank before changing any existing debt recovery...
Prime Minister calls for bigger women participation in decision making
By: Staff Writer
Colombo (LNW): Prime Minister Dinesh Gunawardena pointing out the immense progress in women participation in almost every sector said it is imperative...
“Hard day’s night” for Sri Lanka in sticking to IMF Targets
By: Staff Writer
Colombo (LNW): Sri Lanka is emerging from its crippling economic crisis through stabilization efforts of President Ranil Wickremasinghe’s government with foreign aid...
Public sector shrinks significantly amidst the strategic plan to limit job growth
By: Staff Writer
Colombo (LNW):The Finance Ministry has been directed to devise strategies to limit growth in the public sector wage bill and further prune...
Economy ticks up in the first quarter but difficult challenges linger
Sri Lanka is now gearing up to adopt a new path towards a competitive, open, green, and digital economy that is socially just, especially focused on the export market, and built for the benefit of today’s youth and children.