Japan has halted 12 projects under Japan International Cooperation Agency (JICA) in Sri Lanka until the International Monetary Fund (IMF) provides a roadmap to the crisis-hit island, a top minister said.
Human Rights Watch is requesting Sri Lanka to resume participation in the Stolen Asset Recovery (StAR) initiative, a World Bank and United Nations partnership to support international
In the backdrop of declining volumes, tea prices are on the rise sharply with July establishing record National Sales Averages both in rupee and dollar terms.
While there is an ever-so-slight uptick in economic perceptions, despite the state of the State, the big picture is that Sri Lanka’s economic prospects continue to be viewed with anxiousness by the business community, says leading business magazine LMD, in its August edition.