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Sri Lanka’s merchandise exports in May surpass US$.1 billion
Earnings from merchandise exports in May 2022 increased substantially by 17.5% over the corresponding month in 2021, recording at $ 1,047 million, Central Bank announced.
China to provide US $4 billion aid for Sri Lanka “at some point”: envoy Kohona
Sri Lanka is continuing negotiations with China for as much as US$4 billion in aid and is confident Beijing will agree “at some point,” according to a top envoy
IMF calls for political stability in Sri Lanka to resume talks
The International Monetary Fund (IMF) is calling for political stability in Sri Lanka in order to resume key talks on bail out loan to rescue the island nation from the balance of payment crisis .
SL manufacturing and service sectors suffer set back in political turmoil
Sri Lanka’s manufacturing and service sectors have been greatly affected by the current political turmoil which has brought the country's day today activities to a standstill further aggravating the economic crisis
Business as usual at Hambantota Port despite unrest in Sri Lanka
Operations at the Hambantota International Port (HIP) from port services, marine services, energy hub, Port Industrial Park and integrated logistics are running uninterrupted, despite the current fuel crisis in the country.