BUSINESS

Sri Lanka Government seeks closer engagement with Algeria

The cash strapped crisis ridden Sri Lankan Government is seeking closer engagement with Algeria, which is the lead economy in North Africa, in keeping...

Central Bank imposes high interest rates too late to tackle economic crisis

Sri Lanka’s unprecedented interest-rate hike has helped restore the Central Bank’s credibility, although it’s not enough to remove the risk of a debt default...

CSE to be closed for a week

CSE closed for a week

SL Currency printing and airlifting money to Uganda open can of worms

The recent exposure of details of Sri Lanka currency printing ata local printing press during previous Mahinda Rajapksa regime in 2020-2021 period , transporting...

Sri Lanka  sells gold reserves amidst price escalation

Sri Lanka has sold another tranche of its gold reserves in January 2022 amid an overall fall of its gross reserves, official data shows. The...

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