Colombo, clothing sector in crisis: 50,000 workers laid off
About 50 thousand garment workers have lost their jobs due to the economic crisis. The country is home to more […]
CBSL warns general public over pyramid-type schemes in Sri Lanka
The Central Bank of Sri Lanka (CBSL) has requested the Attorney General to consider instituting criminal proceedings against three pyramid-type […]
“Satharawa Deepani” celebrated at BMICH
The “Satharawa Deepani” felicitation ceremony, an event organized from the concept by the Minister for Transport and Highways, Dr. Bandula […]
Sri Lanka to introduce new central bank law, inflation target
Sri Lanka will introduce new central bank legislation aimed at bolstering the bank’s independence, accountability and also price stability in […]
Over 1.1 million Sri Lankans left country in 2022
Over 1.1 million Sri Lankans have left the country in 2022 with a monthly average of about 94,000 while only […]
Tea crop drop continues amidst increased cost of living
Due to the high cost of living, 50% of smallholders in Sri Lanka are reportedly reluctant to utilise fertiliser, which […]
Sri Lankan economy contracts by 7.8% in 2022 amidst crisis
Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday (15), as the country […]
Hatch Fund secures investment from Mountain Lion Ventures
Hatch claimed that it recently welcomed on board, Mountain Lion Ventures – a Sri Lanka-focused build-up and scale-up investment vehicle, […]
Microsoft to buy 4% stake in London Stock Exchange
Microsoft is to take a 4% equity stake in the London Stock Exchange Group (LSEG) as part of a 10-year […]
CBSL revokes permit issued to Prasanna Money Exchange
The Central Bank of Sri Lanka (CBSL) announced that the permit for money exchange services to Prasanna Money Exchange (Pvt.) […]