The International Monetary Fund (IMF) has declared that the Extended Fund Facility (EFF) wouldn’t be amended in view of the...
Sri Lanka’s economy has “stabilised decisively” under its International Monetary Fund (IMF)-supported programme, with growth rebounding, tax revenues doubling, and...
By Norman Palihawadana Prime Minister Mahinda Rajapaksa yesterday reiterated that he would not step down from the post of PM. Rajapaksa told The Island that President...
Sri Lanka’s Ambassador in Oslo, Godfrey Cooray, has pleaded with President Gotabaya Rajapaksa not to close the diplomatic mission in Norway. In a letter dated 20...
Economic crisis: ‘Money printing cannot be stopped completely’ By Shamindra Ferdinando Finance Minister Ali Sabry, PC, has said that the Secretary to the Treasury, Governor of...
By Saman Indrajith Main Opposition SJB yesterday (03) submitted two separate no-confidence motions against the government and the President yesterday. Chief Opposition Whip and SJB Kandy...
Successive governments allowed exporters to keep their USD earnings out of the country. Governments also turned a blind eye to people sending back money through illegal...
By Dr Upul Wijayawardhana Watching the opulence of the May Day celebrations, one found it hard to imagine that Sri Lanka was in the midst of...
by Rex Clementine After a very good season of domestic cricket, middle-order batsman Roshen Silva was among the shortlisted players for the upcoming tour of Bangladesh...
By Hiran H.Senewiratne For the first time, an Indian e-commerce wholesale startup for emerging brands and distributors in Sivagangai, Tamil Nadu, will introduce Sri Lankan petro-...
Sri Lanka National Chess Championships 2022 The reigning national chess champion Susal de Silva of Nalanda College won the Sri Lanka National Chess Championship for the...
Summer Season All Island Badminton Championship Young sensations Savinaka Weerasekara and Ranithma Liyanage clinched open men’s and women’s singles titles at the Summer Season All Island...
The star-studded 17th Raigam Tele’es, the premier primetime television awards event of Sri Lanka, raised the curtain on a gala night at the Shangri-La Hotel, Colombo....
By Hiran H.Senewiratne The banking sector in Sri Lanka suffers from a lack of forex liquidity in spite of being a stable sector in the country,...