BUSINESS

Import Licenses aggravate Sri Lanka’s Economic Crisis – Advocata

367 goods determined as “non-essential” by the Ministry of Finance are allowed to import only by obtaining import license from the controller general of...

UNP leader Ranil Wickremesinghe says the current crisis will continue for 5 years

United National Party (UNP) leader and former Prime Minister Ranil Wickremesinghe fears the current crisis will continue for 5 years. Speaking at the All Party...

CTCLSA calls for  restructure of domestic debt not only foreign borrowing 

 In the wake of mounting domestic  borrowings , stockbroking firm CTCLSA  has suggested the government to restructure domestic debt along with foreign  debt restructuring...

Sri Lanka bondholders tap legal adviser for sovereign-debt restructuring talks

A group of investors in Sri Lanka’s sovereign bonds has hired law firm White & Case LLP to advise on debt negotiations as the...

SL inflation increases to  17. 5 percent in February

Headline inflation shot up to 17.5% in February up from 16.8% in January, as the National Consumer Price Index (NCPI) went past the Colombo...

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