Sri Lanka is currently facing its worst economic crisis since independence. Decades of shortsighted policies and halfhearted reforms weakened our foundation, …
August 7, 2022 (LBO) - Fox business news has reported that fuel demand in the United States is declining in response to higher prices. "New data from …
August 7, 2022 (LBO) - Bangladesh has sharply raised fuel prices in response to pressures caused by the increase in global oil prices. The price of petrol was …
President Ranil Wickremesinghe stated that there can be no reliance on old economic models any longer and there should be innovative thinking, while paying …
President Ranil Wickremesinghe says that he has questions about putting shares of the state-owned enterprises onto the current Stock Exchange. "What is the …
DIMO, a leading diversified conglomerate in Sri Lanka, and Kalmar, a global industry forerunner in port and inland container terminal automation and in …
Ahead of the presentation of the Interim Budget, the Institute of Policy Studies of Sri Lanka (IPS) has recommended policy proposals for inclusion in the …
The successful formation of a government under the new president, Ranil Wickremesinghe, is an important precondition for resolving Sri Lanka’s debt default, …
Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant …
– SLT-MOBITEL, the leading communication and technology service provider in Sri Lanka announced a national proposal to enhance critical services and sectors, …
July 25, 2022 (LBO) - Former Executive Director of the Lakshman Kadirgamar Institute Dr. Ganeshan Wignaraja gave a comprehensive analysis of Sri Lanka's …
The Chairman of the Ceylon Chamber of Commerce, congratulating the new President of Sri Lanka through a letter, has highlighted key areas that require priority …
The International Monetary Fund says that they are hoping for a resolution of the current turmoil in Sri Lanka in order to resume the discussions on an …
A recession in Europe, which is becoming more likely, would increase external strains and growth challenges for some vulnerable non-European sovereigns, …
Central Bank Executive Officers' Union (CBEOU) expressed its fullest support to the people's movement against the futile regime, which should be directly …
The Monetary Board of the Central Bank has decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the …
Newly-appointed Minister of Investment Promotion Dhammika Perera calls for the immediate resignation of Finance Minister Ranil Wickremesinghe. "Sri Lanka's …
The Securities and Exchange Commission of Sri Lanka (SEC), the securities market regulator has prepared Rules pertaining to Market Institutions, Market …
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index increased to 54.6% in June 2022 from 39.1% in May 2022 driven by …
The Central Bank announces that President Gotabaya Rajapaksa has re-appointed Dr. P. Nandalal Weerasinghe as the Governor of the Central Bank for a further …