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Sri Lanka falls from 1st place to 11 in Asia food security index

Without sufficient food reserves, fuel , cooking gas and steady supply of electricity or currency to import more essential commodities , Sri Lanka is set to face another unprecedented worst economic management crisis again soon, economic experts warned.

USA, India, Australia and Japan take the lead to defuse  SL economic blast

'Quadrilateral Security Dialogue (QSD), the Quad  an informal strategic forum comprising four nations, namely -- United States of America (USA), India, Australia and Japan  has stepped in to prevent the impending economic explosion in Sri Lanka.

World Bank  predicts SL economic growth  to shrink by 7.8 percent  in 2022

The World Bank (WB) expects Sri Lanka’s economy to shrink by 7.8 percent in the year 2022, a grim outlook, due to the country battling with severe shortages in electricity, food and fuel.

Sri Lanka apparel sector fails to hit US $ 6 billion export target

The export earnings in Sri Lanka’s clothing sector for the June to August period are set to fall by 20-25 percent, with the sector likely to miss the US $ 6 billion export target for the year, as the country’s political and economic crisis continues unabated.

Three state food security committees to handle lanka food crisis 

With little remaining domestic food reserves and currency, coupled with record-high prices for fertilizer and food triggered by man made agriculture disaster , Sri Lanka seems to have run out of options for food security.

Breaking

PM Unveils Plans for National Industrial Think Tank to Boost Rural Economy

Prime Minister Dr. Harini Amarasuriya announced that the Government...

Sri Lanka, Japan Hold Talks to Enhance Trade and Investment Cooperation

A high-level discussion was held on Thursday (24) at...

Sri Lanka to Waive Visa Fees for 40 More Countries to Boost Tourism – Minister Herath

Foreign Affairs and Tourism Minister Vijitha Herath announced yesterday...

Govt Will Not Hesitate to Punish Those Involved in Easter Attacks – PM Amarasuriya

Prime Minister Dr. Harini Amarasuriya assured Parliament yesterday (25)...
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