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Sri Lanka gets cautious thumps up from IMF

From left: IMF Mission Chief Jaewoo Lee and IMF Country Representative Eteri Kvintradze Pic by... 


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SL to retender ex-Cairn block for development

The Petroleum Resources Development Ministry has reopened the ex-Cairn M2 block in the Mannar Basin... 


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Sri Lanka can be best wildlife tourism destination outside Africa: Euromonitor

Says SL well-positioned to be an authentic destination for experimental travel  But points... 


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Policy rates kept steady as price pressure seen easing

Money supply still runs high as banks accumulate net foreign assets  Private credit conundrum... 


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Glyphosate ban set to brew up trouble for Lankan tea exports

Tea Board chief says Lankan tea exports may face restriction due to use of alternative chemicals  Unauthorized... 


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Japan’s SBI to acquire 20% of Wealth Trust Securities

Tokyo-based SBI Holdings has entered into an agreement to acquire 20 percent of the shares of Sri... 


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SL mulls introducing new monetary law to streamline CB’s functions

PM says new monetary law will have CB focusing on essential items Yet to surface whether new... 


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Red clay roof tiles in high demand as asbestos ban looms

Minister Rishad Bathiudeen (centre) felicitated by Managing Director/CEO of Piramal Glass Ceylon PLC... 


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Lankan-born venture capitalist raises US $ 600mn in IPO for tech investments

Sri Lankan-born Chamath Palihapitiya, the founder of the venture-capital firm Social Capital, has launched... 


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Exports as economic growth driver coming to an end: economist

Former UNCTAD chief urges Lankan policymakers to rebalance external demand vs. domestic consumption In... 


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