Tag: Government

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Has Ranil already become the Acting President?

The Prime Minister's Office confirms that Prime Minister Ranil Wickremesinghe will act as the Acting President. This is stated in an announcement issued by the...

C B warns of the usage of virtual currencies such as cryptocurrency

Sri Lanka’s Central Bank has not yet approved the usage of virtual currencies including the cryptocurrencies for transactions and those who use them for transactions should bear the risks of any eventualities,Central Bank announced.

UN chief calls for dialogue to ensure ‘smooth power transition’ in Sri Lanka

UN Secretary General António Guterres today called for dialogue to “ensure a smooth transition of Government and solutions to the country’s deep economic crisis.

SL trade deficit declines for the fifth consecutive month in May

The trade deficit recorded a decline for the fifth consecutive month on month-on-month basis and for the third consecutive month on a year-on-year basis in May 2022, supported mainly by the policy induced moderation of imports, along with the notable growth momentum of exports, Central Bank announced .

S L’s economic crisis is drives people to flee the country in desperation

Sri Lanka is suffering the worst economic crisis in its history, with fuel shortages bringing the country to a standstill. Many are now convinced leaving is their only option.

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Widening Private Credit Gap Signals Hidden Financial Risks, CBSL Warns

Widening Private Credit Gap Signals Hidden Financial Risks, CBSL Warns

Crumbling Buses, Chaotic Commutes: Sri Lanka’s Transport in Crisis

Crumbling Buses, Chaotic Commutes: Sri Lanka’s Transport in Crisis

IMF Calls Out Sri Lanka’s Misleading FDI Claims, Urges BOI Reform

IMF Calls Out Sri Lanka’s Misleading FDI Claims, Urges BOI Reform

Manoja Madhuwanthi, Wife of Journalist Shanuka Karunaratne, Passes Away at 42

October 11, Colombo (LNW): Mrs. Manoja Madhuwanthi, the wife...

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