NEW DELHI — Sri Lanka, which has loaded up on Chinese-funded infrastructure, is sinking deeper into a debt trap as its currency weakens and economic growth decelerates to its slowest pace in 16 years. The Sri Lankan rupee has depreciated 3% against th…
Apr 29, Colombo: Sri Lanka’s Office on Missing Persons (OMP) will travel to different places of the island to hold discussions with families of the disappeared starting from next month, OMP Chairman Saliya Pieris PC, said. The OMP Commissioners would share their plans and obtain views of the public …
ECONOMYNEXT – Sri Lanka has sold 20.2 million US dollars of 5-year securities styled Sri Lanka Development Bonds at a fixed rate of 5.6563 percent and 20 million 4-year bonds at 5.5575 percent, the state debt office said. The tradable bonds are mostly …
ECONOMYNEXT – The Export-Import Bank of Korea (Korea Eximbank) is to help establish an automated taxation system in the Sri Lankan capital Colombo which generates considerably high amounts of tax revenue. The support from Korea Eximbank, which provides…
The Sri Lanka Club celebrated the Tamil New Year with a traditional ceremony, cultural games and sports activities. It was held at the Busaiteen Club, where different competitions were held including a fancy dress competition for children, a longest ha…
Lord Buddha’s most revered relics, from Sarnath, were brought to Sri Lanka yesterday for public exposition on the occasion of Vesak. The relics, carried by the General Secretary of the Maha Bodhi Society of India, Ven. P. Seewali Thera were received by India’s High Commissioner Taranjit Singh …
The scent of flowers wafted around the auditorium of Trace Expert City on April 25 as the Embassy of the Kingdom of the Netherlands celebrated the floriculture industries of Sri Lanka and the Netherlands with ‘Sri Lanka – the Netherlands: Old Friends – new trends’. The event saw a floral competition, …
Incidentally the Sri Lanka football team will make their comeback to the global arena with several points to prove on September 5 after a string of defeats and a long layoff of international matches. Out of the lot the topmost in the list will be to pe…
An all-round performance by Sandun Mendis paved the way for Richmond to record a comfortable 29 run win over St Peter’s in the final of the Under 19 Division One limited over tournament final played at the Galle International Cricket Stadium yesterday. Sandun made a top score of 42 and then ended …
This is a familiar picture from around the world (but let’s focus on Sri Lanka). This isn’t also always tied to women shopaholics. It is simply true for all shopaholics when they go shopping with their significant other, where the shopaholic is the one who calls the shots and the partner is a non-shopaholic.