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SL's lower income status will be reversed soon- CB

Sri Lanka, July 12 -- A rebound in the economy could be expected in the second half of the year and will set the trend to reverse the country's rating from a lower-middle income country to an upper-mi... Read More


Country needs dedicated and visionary leaders - Biz leaders

Sri Lanka, June 21 -- As another General Election approaches with a host of promises to be made by candidates, business leaders in advance urge those who would steer the country's future course, to sh... Read More


'Fertiliser shortage to end soon'

Sri Lanka, June 14 -- Farmers who have been waiting for fertiliser for several months to commence cultivation for the Yala season will at last see the light of the day with the assurance from the Gove... Read More


Economic slowdown, a temporary phase - Treasury Secretary

Sri Lanka, May 31 -- Covid-19 induced economic slowdown will be a short-lived scenario as the third and fourth quarter will record a growth between 2.5 to 3 percent providing some impetus to the econo... Read More


Cabinet nod to implement worker welfare plan

Sri Lanka, May 17 -- The Cabinet has approved the 10-point plan proposed by the Employers' Federation of Ceylon (EFC) and they are already being implemented, Skills Development, Employment and Labour ... Read More


Turbo boost for ailing tourism industry

Sri Lanka, May 3 -- An early and a fresh turbo boost will be given to the ailing tourism industry with a renewed commitment to accelerate the tourism promotion action plan process, a top official of S... Read More


Foreign reserves adequate for this year - Treasury Secretary

Sri Lanka, April 26 -- The country has adequate foreign reserves exceeding US$ 7 billion to manage imports for the rest of the year bearing no pressure on the Balance of Payment (BoP), said a top offi... Read More


Tea production continues unhindered

Sri Lanka, April 19 -- Operations across all Regional Plantation Companies (RPCs) managed estates are being carried out despite limitations and restrictions across the country that has hindered the sm... Read More