BUSINESS

Foreign remittances further declined – dollar crisis mounts

Foreign remittances further declined - dollar crisis mounts

UN paints bleak economic picture for Sri Lanka attempting to achieve SDG

The United Nations (UN)  expressed expectations that  Sri Lanka to face numerous challenges this year, mainly as a result of the coronavirus while the...

Government spends 80 percent of its revenue to pay loan interest

The Government relied entirely on domestic sources to reduce exposure to foreign liabilities over the medium term last year, while the access to conventional...

Sri Lanka’s world largest star sapphire cluster gets registration in the Guinness Book

Sri Lanka’s star sapphire cluster weighing over 500 kilograms which was found in the Ratnapura area last year received approval and was registered in...

China becomes a friend in need for Sri Lanka continuing economic assistance

China has assured Sri Lanka continued economic assistance, hours after Central Bank Governor Ajith Nivard Cabraal said that Sri Lanka is negotiating another loan...

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