Tag: SL Government
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People celebrate Christmas amidst cake price goes up to Rs 1500 per kg
Due to a shortage of eggs and the high price of ,margarine and wheat flour in the local market, the price of a kilo of cake has been increased up to Rs. 1,500 during this Christmas season, All Ceylon Bakery Owners’ Association (ACBOA) President N.K. Jayawardena disclosed
Sri Lanka, India discuss financial transaction in rupees for tourism
With more Indian tourists visiting the island nation recording the second highest number of arrivals up to now this year, India and Sri Lanka held discussions on ways of improving financial transactions for tourism.
Sri Lanka’s economy contracts amidst input and supply disruptions
The Sri Lanka’s economy contracted by 4.8 percent year-on-year in 2022 with most of key economic indicators contracted, amid shortages of inputs and supply chain disruptions. High frequency indicators such as the purchasing managers’ indices indicate a continued stress this year.
Cable car project revives by the Govt for visitors to World’s End
A cable car project has been proposed for the implementation by President Ranil Wickremesinghe for visitors to World’s End following the revival of an already approved project.
Central Bank Governor says in rediffusion SL needs reforms with or without IMF
While keeping his radio silence and switching on his ‘rediffusion’ , Central Bank Governor Nandalal Weerasinghe said with or without the International Monetary Fund (IMF), Sri Lanka needs to bring in reforms to correct the economy and put it on a sustainable footing.