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Two Y-12-IV Chinese aircraft to replenish SL Air Force light aircraft fleet.

By: Staff Writer Colombo (LNW): The Sri Lanka Air Force (SLAF) has been able to procure two state-of-the-art Harbin Y-12-IV aircraft from China for the...

Education Minister Advocates VAT Exemption for Exercise Books and Stationery

Education Minister Dr. Susil Premajayantha addressed Parliament, stating his intention to urge Finance Ministry officials to consider exempting exercise books and stationery from Value...

Telecom Engineers’ Union UP in arms over SLT-Mobitel sale.

By: Staff Writer Colombo (LNW): The Telecomm-unication Engineers’ Union (TEU) has raised concerns over the proposed sale of SLT-Mobitel highlighting a host of issues relating...

Sri Lanka Forecasts Economic Boost with $250 Billion via Concessional Loan Facility for SMEs

M. J. Gunasiri, Director General of the Government Revenue Unit, disclosed plans to bolster Sri Lanka's economy by injecting 250 billion rupees in the...

ADB, World Bank spearheads US$1.5bn in SL foreign loans in 2023

By: Staff Writer Colombo (LNW):In the nine months leading up to September 2023, Sri Lanka received a total of 1.5 billion US dollars from its...

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India’s $450 Million Cyclone Aid: Relief, Strategy and Indian Ocean Stakes

India’s decision to extend a USD 450 million financial...

Why MSMEs Fall Through the Cracks After Every Disaster

 The devastation caused by Cyclone Ditvah has once again exposed a...

IMF Flags CycloneShock, Warns Sri Lanka’s Recovery at Risk

Sri Lanka’s fragile economic recovery has been dealt a...

Cyclone Ditwah Reveals the High Economic Cost of Policy Delays

The economic consequences of Cyclone Ditwah are likely to...

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