Softlogic Equity Research says it gives “perfect excuse” to usher in much needed by unpopular economic and public finance reforms An International Monetary Fund (IMF) bailout package presents the government with “the perfect excuse” to usher in much needed, yet unpopular economic and public finance reforms … [Read more...] about IMF assistance could be most plausible solution for SL’s current economic crisis – Business News
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HNB ranked among Top 1,000 World Banks 2021 once again
* HNB ranked among Top 1,000 World Banks 2021 once again Thu, Jul 22, 2021, 09:06 am SL Time, ColomboPage News Desk, Sri Lanka. July 22, Colombo: Sri Lanka’s largest retail bank, HNB PLC, achieved another important milestone in its transformation journey, after once again securing its ranking in the prestigious UK based- The Banker Magazine’s Top 1,000 World Banks for the … [Read more...] about HNB ranked among Top 1,000 World Banks 2021 once again
Sri Lanka’s Finance Minister seeks foreign support to develop green economy
* Sri Lanka’s Finance Minister seeks foreign support to develop green economy Wed, Jul 14, 2021, 10:00 pm SL Time, ColomboPage News Desk, Sri Lanka. July 14, Colombo: Sri Lanka’s new Finance Minister Basil Rajapaksa have met with the Ambassadors of the United States, Germany, China, Russia, the European Union and the High Commissioners of Britain and India at the Finance … [Read more...] about Sri Lanka’s Finance Minister seeks foreign support to develop green economy
Sri Lanka needs over 5% growth, primary surplus of 2% of GDP to stabilise debt: StanChart – Business News
Says achieving these goals would become challenging with current low tax ratesWhile Sri Lanka will get over the near term foreign currency debt challenges with recent measures taken, the country will require to expand its economic output by over 5 percent and maintain a primary surplus of over 2 percent of … [Read more...] about Sri Lanka needs over 5% growth, primary surplus of 2% of GDP to stabilise debt: StanChart – Business News
Sri Lanka : ‘Basil created ministries that were ridiculed by the people’
* ‘Basil created ministries that were ridiculed by the people’ - Jayasekara Sun, Jul 4, 2021, 11:57 pm SL Time, ColomboPage News Desk, Sri Lanka. July 04, Colombo: Dayasiri Jayasekara, General Secretary of the Sri Lanka Freedom Party (SLFP) and State Minister of Batik, Handloom and Local Apparel Products has stated that the present Cabinet of Ministers was not appointed by … [Read more...] about Sri Lanka : ‘Basil created ministries that were ridiculed by the people’
As BR takes over Finance, MR takes over Housing!
... the Sri Lanka Podujana Peramuna (SLPP) - Basil Rajapaksa, who is to be sworn in as the Cabinet Minister of Economic Development and the State ...Source link … [Read more...] about As BR takes over Finance, MR takes over Housing!
Sri Lanka President explains the challenges the country is facing due to COVID-19 pandemic.
* Sri Lanka President explains the challenges the country is facing due to COVID-19 pandemic. Fri, Jun 25, 2021, 10:34 pm SL Time, ColomboPage News Desk, Sri Lanka. June 25, Colombo: Addressing the nation today, Sri Lankan President Gotabaya Rajapaksa explained the economic and social challenges the country is facing due to COVID-19 pandemic and justified the harsh decisions … [Read more...] about Sri Lanka President explains the challenges the country is facing due to COVID-19 pandemic.
Vietnam ready to support Sri Lanka to combat the pandemic
* Vietnam ready to support Sri Lanka to combat the pandemic Mon, Jun 14, 2021, 10:49 pm SL Time, ColomboPage News Desk, Sri Lanka. June 14, Colombo: The Communist Party of Vietnam and the Vietnamese State always treasure the traditional friendship and fruitful cooperation with Sri Lanka, Party General Secretary Nguyen Phu Trong has said. The Party chief made the … [Read more...] about Vietnam ready to support Sri Lanka to combat the pandemic
Sri Lanka regrets EU adopting a resolution against the country in these critical times
* Sri Lanka regrets EU adopting a resolution against the country in these critical times Mon, Jun 14, 2021, 10:00 pm SL Time, ColomboPage News Desk, Sri Lanka. June 14, Colombo: Sri Lanka’s Foreign Ministry Monday expressed regret over the adoption of a resolution on Sri Lanka in the European Parliament on 10 June 2021. “The resolution entitled “The … [Read more...] about Sri Lanka regrets EU adopting a resolution against the country in these critical times
India underlines importance of private sector participation in economic and commercial partnership with Sri Lanka
* India underlines importance of private sector participation in economic and commercial partnership with Sri Lanka Thu, Jun 10, 2021, 08:12 pm SL Time, ColomboPage News Desk, Sri Lanka. June 10, Colombo: India is ready for an economic partnership with Sri Lanka for 21st century to usher in sustained and rapid growth and shared prosperity and underscores the importance of … [Read more...] about India underlines importance of private sector participation in economic and commercial partnership with Sri Lanka