Radi

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Crisis-hit Sri Lanka finally strives to deal with bloated public sector

By: Staff Writer Colombo (LNW): Sri Lanka is now undergoing unprecedented structural economic reforms with regard to revenue generation and cost cutting and pruning of...

India as last resort lender to permit Sri Lanka to repay debt over 12 years

By: Staff Writer Colombo (LNW):India is likely to grant a 12 year moratorium to repay its debt to help ease the financial burden on the...

CPC enters a path towards becoming financially stable repaying all debts – Minister

By: Staff Writer Colombo (LNW): The Ceylon Petroleum Corporation (CPC) has reported its fuel cost breakdown as of 18th February 2023, reporting a profit for...

Indian tourism organization to convene a convention in Colombo this month

By: Staff Writer Colombo (LNW): The Travel Agents Association of India (TAAI), the largest tourism organization in India, is returning to Sri Lanka after 18...

Fitch warns of risks in Sri Lanka’s domestic debt restructuring plan

By: Staff Writer Colombo (LNW): Fitch Ratings has warned of risks in Sri Lanka’s domestic debt restructuring plan but noted that it resolves uncertainties around...

Breaking

18 New Industrial Zones Test Sri Lanka’s Investment Credibility

By: Staff Writer October 25, Colombo (LNW):Sri Lanka’s plan to establish...

SOE Shake-Up Tests Government’s Promise of Efficient Governance

By: Staff Writer October 25, Colombo (LNW):President Anura Kumara Dissanayake’s disclosure...

China Market Deal Tests Sri Lanka’s Export Competitiveness

By: Staff Writer October 25, Colombo (LNW): Sri Lanka’s latest trade...

Sri Lanka Eyes Renewable Energy Beyond 70% Target as Fuel Import Costs Mount

Sri Lanka Eyes Renewable Energy Beyond 70% Target as Fuel Import Costs Mount
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