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Slight Appreciation of Sri Lankan Rupee Against US Dollar at Local Banks

Today (August 09), the Sri Lankan Rupee has exhibited a modest upturn against the US Dollar in comparison to the previous day's rates at...

Sri Lanka Original Narrative Summary: 09/08

CEB sources say one unit of the 270MW Norochcholai Coal Power Plant has broken down: out of the 3 power generation units at the...

Debt restructuring, austerity and the IMF: a panacea or an exacerbation?- Part 1

Dr. Lionel Bopage An outline of the problem Post-independent Sri Lanka (Lanka) has suffered from recurrent economic crises; the more notable ones being in August1953, in...

Parliament Gears Up for Debate on Appropriation Bill Amendment and Other Key Matters

The legislative proceedings within the parliament today (August 09) will focus on the Second Reading of the Appropriation (Amendment) Bill, as confirmed by the...

President Ranil Wickremesinghe Informed of Plot to Incite Unrest, Reveals Cabinet Minister

In a recent development, President Ranil Wickremesinghe has been apprised of intelligence reports outlining an impending effort to instigate public unrest reminiscent of the...

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