There is a long-standing debate about whether development assistance should finance tertiary education. The debate largely revolves around the impact of public subsidies for university students on income distribution and equity.

Nearly 70 percent of the world’s poor live in rural areas and rely on agriculture for their livelihood. Target 2.3 of the Sustainable Development Goals (SDGs) aims to double the agricultural productivity and incomes of small-scale food producer

In 2015, 193 countries adopted the 17 Sustainable Development Goals (SDGs) as an overarching policy roadmap through 2030. These goals are predicated on the idea that for a sustainable future, economic growth must go hand-in-hand with social inclusion

Former Central Bank Governor Ajith Nivard Cabraal yesterday claimed that the government has meddled with GDP calculations in 2014, 2015 and 2016 to increase the real GDP growth rate of 2016 from 2.2 percent to 4.4 percent.

REUTERS: Sri Lankan shares ended marginally firmer, led by financials, though gains were muted as investors looked for fresh cues from political and economic fronts, brokers said.

REUTERS: The Sri Lankan rupee ended steady yesterday, holding near the record low hit in the previous session, as importer dollar demand was met by greenback sales by state banks, dealers said, while a top Central Bank official warned against 

Transparency and a clear communication strategy were presented as the key factors behind the success of the Public-Private Partnership (PPP) Centre of the Philippines—a case in point where Sri Lanka could definitely take 

 The Asian Development Bank (ADB) yesterday said it would substantially increase its lending to Sri Lanka this year as the country has undertaken larger development projects in rece

Tourists were seen sunbathing at the Trincomalee Beach in Sri Lanka’s Eastern Province, despite the heat-wave advisory issued by the Meteorological Department yesterday, that included the Eastern Province

Sri Lanka’s Finance and Mass Media Minister Mangala Samaraweera arrived in Manila, the Philippines, yesterday to take part in the 51st Annual Meeting of the Asian Development Bank’s (ADB) Board of Governors.

President Maithripala Sirisena has intervened in removing the exorbitant service charges slapped by the National Gem and Jewellery Authority (NGJA) on gem and jewellery exports and asked the NGJA Chairman and Director General (DG) to tender their res

Green Leaves Leisure (Pvt.) Ltd, a subsidiary of Green Leaves Group, on Tuesday guaranteed to bring 16,000 additional Chinese tourists to Sri Lanka monthly for the next 10 years, commencing this May, with the aim of making China the largest source ma

Sri Lanka’s apparel exports grew at a slower pace than the industry expectation during the first quarter this year, recording a growth of 4.1 percent to reach US $ 1.269 billion, compared to the US $ 1.219 billion recorded in the first quarter

REUTERS: The Sri Lankan rupee hit a fresh low on Wednesday on importer demand for the U.S. currency, dealers said, but recovered after the central bank intervened in the market.

REUTERS: The Sri Lankan rupee gained for the first time in seven sessions yesterday, edging up from a record closing low hit in the previous session, dealers said. The currency hit a record l

The State Bank of India (SBI) has decided to shut down six non-viable overseas branches, which includes the Sri Lanka’s Jaffna branch, according to Indian news reports. 

Green Leaves Leisure (Pvt) Ltd., a subsidiary of Green Leaves Group, yesterday guaranteed to bring 16,000 additional Chinese tourists to Sri Lanka monthly for the next 10 years commencing this May, with the aim of making China the largest source mark

Dinesh Weerakkody, the former Chairman of Commercial Bank of (Ceylon) PLC, will take over as the Chairman of Hatton National Bank PLC (HNB) with effect from May 26, 2018.

Sri Lanka risks losing a key market for its high and medium grown teas as tea exports to Japan remain close to zero during this year amid Japanese authorities rejecting several tea shipments during last four months amounting in value to approximately

It is an established fact that the real estate industry makes an important contribution to the economy of a country and to the welfare of its people.

To begin, after the financial crisis, the regulators and funds came up with a new bunch of new governance structures and rules that they wanted their companies to practise and adopt. This new governance regime brought about new challenges for the cha

Under the leadership of Prime Minister Narendra Modi, India has advanced its ‘Act East’ policy, an upgraded version of the 1990s ‘Look East’ policy. This new approach encompasses a more robust political and security engagement

The term “demand destruction” is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

Many people use strategies and tactics interchangeably but anyone with military experience can tell you they’re different. Senior management usually define strategies, while middle managers and those who execute employ tactics. 

The Export-Import Bank of Korea (Korea Eximbank) has agreed to provide KSP (Knowledge Sharing Program) policy consultation to establish an automated taxation system in the Colombo Municipality. 

Sri Lanka has won the bid to host the Round Table International World Meeting (RTIWM) 2018 connecting four leading hotels in Negombo from 5th to 9th September, the organizers of the event announced at a recent press briefing. 

Pakistani High Commissioner in Sri Lanka Major General (retd) Shahid Ahmed Hashmat said that both Sri Lanka and Pakistan should work towards achieving an annual bilateral trade value of US$ 1 billion to strengthen the economic potential of the two co

REUTERS: Two Japanese automakers, including Honda Motor, issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of record high global vehicle sales.

REUTERS: The U.S. government may start scrutinizing informal partnerships between American and Chinese companies in the field of artificial intelligence, threatening practices that have long been considered garden variety development work for technol

The World Bank Board of Executive Directors has approved a US $100 million credit to support Sri Lanka’s efforts to strengthen and modernize its education system.   The General Education Modernization Project (GEM) will modernize and