Tag: Economic Crisis

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Reserve position surge claimed by CBSL Chief like ‘Cobra appeared out of Kelani River’

The spontaneous surge of the foreign reserve position to US$3.1 billion claimed by the CBSL Governor is merely a media showoff resembling the 'Cobra...

UNP Leader urges to reveal alternatives if IMF approach not possible (VIDEO)

The country is in dire straits amid the prevailing dollar deficit, warned Leader of the United National Party (UNP) MP Ranil Wickremesinghe, making a...

Ranil reiterates necessity to seek IMF’s support

Six countries which are facing a recession amidst the Covid-19 pandemic have approached the International Monetary Fund (IMF) for assistance, revealed Leader of the...

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Dear Comrade Aravinda…

By Faraz Shauketaly It appears dear man, your work is...

US $ 30 Million IFC Loan Boosts Sri Lanka’s Clean-Energy Drive

In a significant step toward advancing Sri Lanka’s energy...

CPC’s Mid-2025 Slump amid Rising Debt and Fuel Sector Rivalry

In the first half of 2025, Ceylon Petroleum Corporation...

Port City Colombo Gains Investor Momentum amid Costly Delays

The ambitious Port City Colombo project stands at a...

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