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US dollar rises to 292-299 rupees in some banks

Today (23) the selling price of a US dollar in some commercial banks has risen to 292 - 299 rupees.

SL inflation increases to  17. 5 percent in February

Headline inflation shot up to 17.5% in February up from 16.8% in January, as the National Consumer Price Index (NCPI) went past the Colombo...

Would an international bailout save Sri Lanka’s economy?

International rating agencies warn the island nation is on the verge of defaulting on its debt. Sri Lanka is facing its worst economic crisis since...

The first step to a national government: All party conference to be held today!

The All-Party Conference convened by President Gotabhaya Rajapaksa is scheduled to be held today (23). It is being held at the Presidential Secretariat and is...

None of the Rajapaksas called me and thanked me after I retired – P.B. Jayasundara

As soon as Gotabhaya Rajapaksa became President in November 2019, he appointed P.B. Jayasundara as the Secretary to the President. He was also the Secretary...

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Shadow Imports Reshape Sri Lanka’s Software and Hardware Markets

 Sri Lanka’s software and computer hardware market is facing...

CycloneShock Halves Sri Lanka Vehicle Sales, Economic Ripples Ahead

Sri Lanka’s once-recovering vehicle market has suffered a sharp...

Credit Oversight Questions amid Cyclone-Strained Economic Recovery

The controversy surrounding foreign oversight of a bilateral credit...

Most Flood-Damaged Roads Reopened; Urgent Repairs Underway on 14 Routes – RDA

Road Development Authority (RDA) Director General K. W. Kandambi...

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