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Two Chinese firms take over ECT project phase11 sparking controversy

Two Chinese companies have bagged deals of Eastern Container Terminal (ECT) development project phase11 arousing suspicions of underhand dealings, Sri Lanka Ports Authority (SLPA)...

People’s Bank removed from the Blacklist

The Economic and Commercial Office of the Chinese Embassy in Colombo has removed People's Bank from the Black List. The decision was taken due...

Going abroad for education is one of the reasons for the dollar crisis – PM

Prime Minister Mahinda Rajapaksa says that hundreds of millions of US dollars flow out of the country annually due to students going abroad for...

Central Bank’s new solutions to the dollar crisis

The Central Bank has launched a special program to repatriate export earnings and attract remittances from foreign workers. The Central Bank has issued a...

People have no faith in the rulers – A severe shortage of candles due to power cuts!

There is a shortage of candles in many parts of the country. The reason for this shortage is the simultaneous creation of a huge...

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