Apr 20, Washington, DC: The International Monetary Fund (IMF) says Sri Lanka should push ahead with fiscal reforms as the island nation’s economy remains vulnerable to adverse shocks given the still sizable public debt, large refinancing needs, and low external buffers. The IMF said following …
Mahendran was appointed Sri Lanka’s Central Bank governor by President Maithripala Sirisena in January 2015, before the alleged bond scam took place. Mahendran however resigned a year later. A presidential commission, who was investigating the alleged scam, in a report accused Mahendran of …
Apr 20, Colombo: The United Nations Development Programme (UNDP) in Sri Lanka together with the Ministry of Disaster Management on Thursday launched a project at the Ministry premises to support the Government’s vision of resilient recovery from disasters, to help Sri Lanka build back better in …
“The IMF team reached a staff-level agreement with the Sri Lankan authorities on the fourth review under an economic reform program supported by a three-year Extended Fund Facility (EFF) arrangement . All the end-December quantitative performance crite…
Sri Lanka Cricket’s elections will be held at the board’s Annual General Meeting on 19th May, SLC has announced, with the deadline for nominations set for April 27. Incumbent President Thilanga Sumathipala confirmed that he would run for another two-year term following recent changes to Sri Lanka’s …
ECONOMYNEXT – The United Nations Development Programme has launched a project in Sri Lanka to help the island better prepare for disasters from which it has suffered repeatedly in recent years and to build more resilient infrastructure. The project, la…
Civic groups demonstrate against anti-Muslim violence in front of Fort Railway Station in Colombo on March 8. Sri Lanka blocked social media platforms including Facebook, WhatsApp and Viber during the riots. (ucanews.com photo) …
Destination Range: To Pakistan, India West Coast, India East Coast, Sri Lanka. Cargo: Dry, OOG, Breakbulk & Reefer cargo. USD 100 per TEU. Corresponding FAK rate levels will be settled as follows: As from May 1st, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are: USD 450/20′ – USD …
Sri Lanka was feted as one of the top countries that comprehensively protect its mangrove forests at the Commonwealth Heads of Government Meeting 2018 in London yesterday. During Commonwealth Heads of Government Executive sessions, Sri Lanka was chosen…
British Tamils protested against Sri Lanka’s president Maithripala Sirisena outside the Commonwealth Secretariat in Pall Mall London. Sri Lanka’s president and a high level ministerial delegation are currently in London for the Commonwealth Heads of Government Meeting CHOGM 2018. CHOGM 2015 …