07 Feb 2023 - 0 - 126
The Paris Club Creditors in its recently held meeting have agreed to provide financing assurances to support the approval by the IMF Executive Board of the envisaged IMF program for Sri Lanka.
30 Jan 2023 - 0 - 96
SriLankan Airlines has unveiled a new and improved mobile app that is designed for optimum user-friendliness. The enhanced app will afford customers greater ease and flexibility in managing their flight bookings, purchasing value-added services, enrolling for a FlySmiLes account and performing a variety of other tasks.
25 Jan 2023 - 0 - 112
The Monetary Board of the Central Bank decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 14.50 per cent and 15.50 per cent.
11 Jan 2023 - 0 - 80
The World Bank this week revised down the economic growth forecast for nearly 95 percent of advanced economies and 70 percent of emerging market and developing economies as the global economy is projected to grow by 1.7 percent in 2023
15 Dec 2022 - 0 - 216
The first Woman Rotary Global President Jennifer Jones called on all Sri Lanka Corporates to be focused not only on profit or bottom lines but also in the triple bottom line metrics of social, environmental and financial results even though the country is experiencing its toughest economic climates in history.
24 Nov 2022 - 0 - 234
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 23 November 2022, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 14.50 per cent and 15.50 per cent, respectively, after considering the recent and expected developments in the domestic and global economy and macroeconomic projections.
21 Nov 2022 - 2 - 470
A few months back the IMF was seen as the only savior who could put the house in order, but that belief amongst the masses has been eroded by the politicians since all austerity measures to be adopted are blamed on the IMF. Could politics and cheap talk again mess up public opinion and pave the way for a resurrection of corrupt, self-serving politicians to return to power?
10 Nov 2022 - 1 - 233
Sri Lanka’s Municipal Waste Management (MSW) is causing key social, environmental, and economic concerns as only 50 percent of the country’s waste is collected by the Central Environmental Authority (CEA), the United Nations Development Programme (UNDP) highlighted.
10 Nov 2022 - 0 - 145
Sri Lanka’s economy is at a critical juncture where urgent steps are needed to improve the country’s fiscal position. The Institute of Policy Studies of Sri Lanka (IPS) has maintained that increasing tobacco taxation has undeniable health and fiscal benefits. In this context, policy solutions, such as taxing tobacco which can be leveraged to boost government revenue without threatening economic growth, are essential.
07 Nov 2022 - 0 - 137
The Ceylon Chamber of Commerce (CCC) this week put forward a series of proposals to bring about the necessary reforms to ensure Sri Lanka has an effective, efficient, and independent public sector that would help the progression of the national economy.
27 Oct 2022 - 0 - 178
SriLankan Airlines won the prestigious Best Aviation Sustainability Program Award, beating 118 other submissions at the recently concluded Sheikh Mohammed Bin Rashid Al Maktoum (SMBR) Global Aviation Awards for its groundbreaking signature upcycle project, ‘Mathaka.’