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Sri Lanka to receive second US$200mn ADB tranche for financial sector reforms

Srilanka, Sept. 11 -- Sri Lanka is set to receive a US$ 200 million loan from the Asian Development Bank (ADB) as part of the government's ongoing efforts to stabilise the country's financial sector a... Read More


Debt expert warns of "intergenerational sin" in Sri Lanka

Srilanka, Sept. 10 -- Sri Lanka could be committing an "intergenerational sin" by accumulating excessive sovereign debt, potentially leaving future generations unable to manage the country's financial... Read More


Visa issues jeopardise Sri Lanka's tourism: Industry cautions

Sri Lanka, Sept. 9 -- Sri Lanka's tourism industry is at risk of a winter season collapse due to delays in reactivating the Electronic Travel Authorisation (ETA) system, stakeholders warned this week.... Read More


JAAF criticises inconsistent policies amid political promises to boost exports

Sri Lanka, Sept. 5 -- As all political manifestos, ahead of the elections, are filled with promises about boosting exports, the Joint Apparel Association Forum (JAAF), the apex body of Sri Lanka's app... Read More


Defining the Vision - The Debate

Sri Lanka, Aug. 30 -- The Ceylon Chamber of Commerce hosted a debate yesterday, featuring prominent economic policy experts representing the four main presidential candidates, to provide a common plat... Read More


Biz leaders get campaign economic briefing

Sri Lanka, Aug. 30 -- As Sri Lanka prepares for its presidential elections on 21 September, candidates are unveiling their economic strategies, which could shape the country's future. Representatives... Read More


People's Bank adopts a 1990 Suwa Seriya Ambulance

Srilanka, Aug. 29 -- The People's Bank of Sri Lanka has adopted an ambulance to support the 1990 Suwa Seriya Foundation's 'Adopt an Ambulance' project. The ambulance was officially released this wee... Read More


CSE and South Eastern University exchange MoU to improve financial literacy of undergraduates

Sri Lanka, Aug. 20 -- The Colombo Stock Exchange (CSE) and the South Eastern University of Sri Lanka (SEUSL) formalized a collaboration through a Memorandum of Understanding (MoU) last week to improve... Read More


Long-term political will crucial for SL's power sector reforms: ADB

Srilanka, Aug. 13 -- The success of Sri Lanka's power sector reforms depends heavily on the government's ability to maintain strong political will over the long term, according to Asian Development Ba... Read More


SOERU Chief reiterates privatisation of SOEs won't hurt govt. revenue

Srilanka, Aug. 12 -- The privatisation of Sri Lanka's State-Owned Enterprises (SOEs) poses no risk to the country's revenue or assets, as the government can maintain control through its regulatory and... Read More