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US envoy suggests Sri Lanka to improve business & investment

Ambassador of the United States to Sri Lanka, Julie Chung says Sri Lanka needs to improve its business environment and investment framework environment in order to tap into foreign direct investment.

US steps into provide medical aid to Sri Lanka

Sri Lanka's state-run hospitals are running out of life-saving medicines due to a shortage of dollars needed to import essentials as the country reels from a dire economic crisis, officials said

Sri Lanka Renewable Power sector on the verge of collapse

In the midst of a hard-hitting economic crisis deepened by an acute shortage of foreign reserves,

Govt. to relax import restrictions of 708 items classified as non essential

Sri Lanka removed restrictions on imports to help ease shortages of everything from food to medicine.

IMF says timeline remains uncertain despite CB Governors year end dream

Sri Lanka’s government appears increasingly upbeat about its chances of receiving International Monetary Fund (IMF) board

Breaking

Ditwah Insurance Crisis Leaves Rs.28 Billion Claims Unsettled

Nearly seven months after Cyclone Ditwah devastated Sri Lanka...

Productive Sectors Lose Credit Share as Economic Recovery Faces Questions

Sri Lanka’s latest banking statistics reveal a significant change...

NDB’s Rs. 13.64 Billion Fraud Tests Bank’s Financial Resilience

National Development Bank PLC (NDB) has reported a recovery...

One Year without Trial? Detention Powers Raise Alarms

Sri Lanka’s proposed Prevention of Organised Crimes Bill (OCB)...
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