Uncategorized

Essential food importers struggle to settle US $ 50mn owed to suppliers

Sri Lanka’s essential food importers are struggling to settle US $ 50 million owed to their suppliers, imported under credit terms, due to the...

Govt. has a plan to create a provocative event against the ongoing protests – Pubudu Jayagoda

Frontline Socialist Party (FSP) Publicity Secretary Pubudu Jayagoda says that the government has a plan to create a provocative event against the ongoing mass...

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...

Popular

spot_imgspot_img