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Sri Lanka

Sri Lanka plans accreditation for every profession

Editor_1 Dec 7, 2023
Sri Lanka is planning on bringing in more professions into the formal sector by introducing more professional associations and practitioner licences, Minister of Labour and Foreign Employment Manusha Nanayakkara said in Parliament on Thursday (7)
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Market

Gold hits record high as equities weaken

Editor_1 Dec 4, 2023
Gold hit a record high on Monday (4) as growing optimism that the Federal Reserve will cut US interest rates in the…
Analysis

A China rivalry twist emerges in Sri Lanka’s new US-funded, Indian-built port

Editor_1 Dec 4, 2023
A US-funded port project in Sri Lanka that is partly owned by a private group close to India’s ruling party could…
Sri Lanka

Sri Lanka to push for green initiative investment “after OCC finalizing” debt…

Editor_1 Dec 3, 2023
Sri Lanka will push for investment into green initiatives globally after the Official Creditor Committee (OCC)…
Sri Lanka

Sri Lanka IMF review goes to executive board on December 12

Editor_1 Dec 3, 2023
The first review of Sri Lanka’s International Monetary Fund (IMF) program is scheduled to go to the lender’s…
Sri Lanka

Sri Lanka says reached debt restructuring deal with creditor nations

Editor_1 Nov 29, 2023
Sri Lanka has been informed that a debt-restructuring agreement with creditor nations has been reached but is yet…
Currency

Dollar drops to 3-month low, heading for biggest monthly fall in a year

Editor_1 Nov 28, 2023
The US dollar sank to a three-month low on Tuesday (28), as investors continued to take the view that growth in the…
Sri Lanka

Sri Lanka implements free tourist visas to nationals from India and six other…

Editor_1 Nov 28, 2023
Aimed at boosting the tourism sector, Indian tourists – the largest inbound group – to Sri Lanka, would receive…
Sri Lanka

Sri Lanka approves Sinopec’s $4.5 billion refinery proposal

Editor_1 Nov 28, 2023
Sri Lanka on Monday (27) approved a proposal by China's Sinopec to build a $4.5 billion refinery, its energy…
Sri Lanka

Sri Lanka Water Board makes Rs 5.6bn rupee profit

Editor_1 Nov 27, 2023
Sri Lanka’s state-run National Water Supply and Drainage Board (NWSDB) has made a profit of 5.63 billion rupees in…
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