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SL begins uphill task of convincing India, China and Japan on debt restructure

Financial advisory group Lazard has started talks with India, China and Japan on restructuring Sri Lanka’s debt,

Govt. earmarks loss making SOEs for restructure, merge and liquidate

The government will soon implement a special scheme for salvaging loss- making State-Owned Enterprises (SOEs)

FAO and WFP suggests SL Govt to implement food assistance programmes

the Food and AgricultureOrganization of the United Nations (FAO) and the United Nations World FoodProgramme (WFP) warned today in a new report.

SL Apparel sector moves closer to reach the US$ 6 billion revenue target

As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July.

Social welfare schemes go through reforms benefiting vulnerable groups

After a methodical review, the Government will soon overhaul the existing social welfare schemes and their benefits targeting delivery of subsidies to the poor and vulnerable communities.

Breaking

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)...

Norochcholai Power Units to Rejoin National Grid as Daily Power Cuts Ruled Out

The National System Operator (NSO) has announced that Unit...
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