Sri Lanka's almost ten month-old government, led by President Ranil Wickremesinghe, and has grand plans for a redevelopment of the country's capital and its surrounding districts under the existing Surbana Jurong plan for the development of the Western province.
By: Staff Writer
Colombo (LNW): Given a weak external environment and domestic policy tightening, aimed at restoring macroeconomic stability, the economy is expected to contract...
By: Staff Writer
Colombo (LNW): Plaintiff Hamilton Reserve Bank Ltd. (HRB) and the defendant Government of Sri Lanka submitted a joint status letter on Friday...
Sri Lanka’s ongoing dollar crisis is still persisting even amidst the receiving the US$333 million first tranche of $ 3 billion IMF Extended Fund Facility.