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SL to elect new President next week amidst political financial crisis

Sri Lanka ParLiament will elect a new President at time where the country is facing massive financial constraints along with political uncertaining following the youth uprising demanding system change

Sri Lanka faces hyperinflation with inflation rising over 50%

Sri Lanka is now facing a hyperinflationary situation with the country’s inflation hitting a new high of 54.6 per cent in June, several leading economists said referring to the Central Bank’s latest announcement of the official economic indicator data.

Apparel industry urges all parties to ‘Make S L First a national priority’

The Joint Apparel Association Forum urged all Party Leaders to urgently expedite the recommendations put forth at the meeting held a short while ago, calling for the resignation of the President and Prime Minister and making way for an all Party Government with elections to be held as early as possible.

MRI launches ‘Booster’ to mitigate nutrition deficiency SL toddlers

Medical Research Institute (MRI) has developed a rice and pulse-based formula, branded as Booster which is to be launched soon

US, EU and India express solidarity with SL to achieve political stability

The European Union (EU) and the US urged Sri Lanka’s political fraternity to cooperate, focus and work quickly’ to achieve a peaceful, democratic and orderly transition amid the island nation’s worst economic and political crisis in decades while India expressed solidarity towards this end.

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ADB Irrigation Grant Signals Strategic Push for Sri Lanka Agricultural Resilience

By:Staff Writer December 22, Colombo (LNW): The Asian Development Bank’s...

Recovery Spending After Ditwah Balances Stability and Risk

By:Staff Writer December 22, Colombo (LNW): Sri Lanka’s plan to...

India’s Swift Aid to Sri Lanka: Compassion, Strategy, or Both?

By:Staff Writer December 22, Colombo (LNW): India’s External Affairs Minister...

IMF Cautions Sri Lanka’s Debt Outlook Remains Fragile Despite Recovery Efforts

IMF Cautions Sri Lanka’s Debt Outlook Remains Fragile Despite Recovery Efforts
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