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Sri Lanka needs fourth economic revolution -Santosh Menon

Sri Lanka, July 17 -- Sri Lanka has successfully restored a degree of macroeconomic stability after its worst economic crisis in decades. However, restoring stability alone is not sufficient to improv... Read More


Sri Lanka eyes military drones from Turkiye

Sri Lanka, July 16 -- Turkiye has offered the sale of military drones to Sri Lanka, and a technical team is expected to arrive here soon for a presentation, an official said yesterday. Addressing a s... Read More


India-Sri Lanka Media Fest Nuance journalism versus clickbait

Sri Lanka, July 15 -- Communication has evolved prehistoric era cave paintings and gestures to the digital era. Communication is fundamental to all aspects of life, be it personal, professional or soc... Read More


Govt. will use state funds for repayment unless stolen money recovered

Sri Lanka, July 13 -- The government will use its funds to repay US $ 2.5 million to Australia unless the monies lost in the cyber theft are recovered, an official said. Sri Lanka lost US $ 2.5 milli... Read More


Sri Lanka to make fresh U.S. engagement to ensure child labour-free export supply chains

Sri Lanka, July 9 -- Sri Lanka is planning fresh engagements with the United States (U.S.) in a bid to avert new tariffs linked to child or forced labour, with the country's export authorities seeking... Read More


Ad hoc rice imports blamed for growing paddy marketing crisis

Sri Lanka, July 8 -- The flooding of the domestic market with imported rice ahead of the harvesting season has triggered the current crisis in the paddy marketing sector, according to analysts. As mu... Read More


Fighting corruption requires more than investigations and prosecutions -Bangladeshi State Minister for Social Welfare

Sri Lanka, July 6 -- State Minister for Social Welfare of Bangladesh Farzana Sharmin who was in Sri Lanka recently shared her thoughts on political transition, social welfare, regional cooperation and... Read More


Govt. yet to reach final decision on Sinopec refinery

Sri Lanka, July 3 -- The government is yet to reach any final decision on the proposed investment of US$ 3.7 billion by Chinese state giant Sinopec mainly due to disagreements on terms and conditions ... Read More


Sri Lanka woos U.S. investments for Colombo Port development

Sri Lanka, June 30 -- Sri Lanka has wooed U.S. investment in the development of the Colombo port and integrated infrastructure at a recent summit in Washington, a Deputy Minister said yesterday. The ... Read More


Sri Lanka promises to make payment clearance as soon as feasible

Sri Lanka, June 24 -- The recent US $2.5 million cyber theft from the newly established Public Debt Management Office (PDMO)-where a sovereign debt repayment to Australia was intercepted via systemic ... Read More