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Water for All project taints with tender scam in political instability

Even before the dust settled following the action of Water Supply Minister Vasudeva Nanayakkara to remain independent in Parliament making the ministry virtually headless,...

Sri Lanka doubles interest rates to tame inflation; stabilise economy

COLOMBO, April 8 (Reuters) - Sri Lanka's central bank doubled its key interest rates on Friday, raising each by an unprecedented 700 basis points...

ADB predicts Sri Lanka’s GDP growth to dip to 2.4% in 2022

The Asian Development Bank’s (ADB) annual flagship economic publication has forecast a muted recovery from the coronavirus disease (COVID19) pandemic as Sri Lanka’s economy...

Bangladesh corporate sector ready to expand economic cooperation with Sri Lanka

Sri Lanka High Commissioner to Bangladesh said that profound historical and cultural relations have lasted between Sri Lanka and Bangladesh and it is time...

Ananda Sagara Thero prepares swear in as the Central Bank Governor

An attempt by the Chairman of 'Surakimu Sri Lanka' Pahiyangala Ananda Sagara Thero to be sworn in as the Governor of the Central Bank...

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