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Aitken Spence resurrects two closed garment factories in Koggala EPZ

By: Staff Writer Colombo (LNW): Aitken Spence PLC has successfully rejuvenated two apparel factories that had been forced to shut down amid challenging global market...

Sri Lanka forges ahead with FTAs with ASEAN countries – President

By: Staff Writer Colombo (LNW):President Ranil Wickremesinghe revealed that Sri Lanka’s intention to join the Regional Comprehensive Economic Partnership (RCEP) is poised to materialize following...

Supreme Court Disqualifies Lawyer Found Guilty of Forging Deed

In a significant legal decision, the Supreme Court has rendered a verdict disqualifying a lawyer who was found guilty of violating the Notaries Ordinance...

Sri Lankan Rupee Holds Steady Against US Dollar Across Banks

In a reassuring development for currency markets, the Sri Lankan Rupee has maintained its stability against the US Dollar at various commercial banks in...

Debt restructuring, austerity and the IMF: a panacea or an exacerbation? Part 2

Dr. Lionel Bopage Neo-liberalism Neo-liberalism is not a solution, but the principal cause of the problem. I would like to offer some personal insights here from...

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