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National Investment Fund extends fiscal aid for SOE restructuring

The listing of the National Investment Fund (NIF) on the Colombo and London Stock Exchanges is to help the Government raise US$ 400-500 million, foreign expert economist said.

“AIR QUALITY INDEX DROPPED – THREAT TO NATIONAL SECURITY AND HUMAN SURVIVAL.”

The fog and mist seen these days is not a natural occurrence as the air quality has reached very unhealthy levels in the Northern part of Sri Lanka.

Colombo Port ranked as the highest performing port in South Asia

With the upgrading of the Colombo port as the best port in South Asia and 24th best in the world by UNCTAD, Sri Lankan Government is set to invite Japan once more to acquire the East Container Terminal (ECT) ignoring the mounting public protests, Sri Lanka Port Development Authority top official said.

World Bank VP suggests Sri Lanka to consider crisis as an opportunity for reforms

World Bank Vice President for South Asia Martin Raiser this week underscored the need for urgent action to reverse the deep crisis through long overdue reforms.

Alliance Air to start direct flights to Jaffna from Monday

Alliance Air, the wholly-owned subsidiary of Air India has chalked out aggressive expansion plans which include launch of flights to newer destinations, a top official has said.

Breaking

Weighing Costs and Risks: Sri Lanka’s Emergency IMF Loan Under Scrutiny

 Sri Lanka’s emergency request for $200 million from the...

Sri Lanka’s IMF Emergency Borrowing: Expensive Shortcut or Necessary Relief?

 Sri Lanka’s decision to seek emergency financing from the...

Western Province Dominates GDP, Other Regions Show Steady Gains

Sri Lanka’s Western Province retained its position as the...

Media Freedom Intact, Action Needed Against Fake News – Minister Nalinda Jayatissa

Media Minister Nalinda Jayatissa has rejected allegations that the...
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