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Current political crisis entails “irreversible serious economic consequences”: economist

Colombo Uni. Prof. Abeyratne says consequences will be felt in years to come Says political... 


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Political leadership in agreement to get IMF programme back on track

By Nishel Fernando  The political leaders representing the major political parties in the country... 


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Sri Lanka’s ousted PM likens President to Hitler

(Colombo) AFP: Sri Lanka’s toppled premier likened the president to Hitler yesterday as he demanded... 


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NDB declared ‘Bank of the Year’ by The Banker, UK

  The National Development Bank (NDB) for the first time has won the coveted ‘Bank... 


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Urban sector computer literacy rate tops 40%

    Overall computer literacy at 28.6% in 2017 One out of every five households... 


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Higher oil bill, vehicle imports fire up imports expanding Sept. trade gap

        Sept. trade deficit expands to US $ 713mn; trade deficit... 


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New coin series presented to MR

  Central Bank Governor Dr. Indrajit Coomaraswamy officially presented a new series of... 


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CB says won’t stand in way of financial innovation

But says will closely monitor to ensure system stability Admits fintech innovations becoming... 


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Tea industry wage negotiations deadlocked amid political crisis

  RPCs say Rs.1000 day wage demand unfeasible  Productivity-based model only... 


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State banks to borrow up to US$1 bn abroad before end of 2018

Sri Lanka’s three State banks will borrow up to US$1 billion from foreign sources before the... 


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