INSEE Ecocycle Lanka Ltd., a fully owned subsidiary of Siam City Cement (Lanka) Ltd. (INSEE Cement), recently successfully ...

Sri Lanka yesterday made a compelling case for investments into its capital markets, urging investors to be part of the ...

The International Monetary Fund (IMF) this week asserted that Sri Lanka’s path to economic recovery is ambitious, yet ...

Lanka India Business Association (LIBA) is now in operation in Sri Lanka to further enhance the already close ties between Indian and Sri Lankan businesses. Santosh Menon, President of LIBA said “Sri ...

Despite 78 years of independence, Sri Lanka has yet to find the right leadership—one that combines vision, integrity, and the ...

About half of IMF programs Sri Lanka has had prior to the current one, ended prematurely, often followed by economic underperformance. It is important to arrest this boom-bust cycle and manage the ...

Sri Lanka is attempting to sustain economic growth while maintaining macroeconomic stability under the IMF program it began in 2016. The government's high debt payments and bloated civil service ...

In 2023, the then agricultural minister proposed exporting some 100,000 toque macaques to Chinese zoos, but the monkey business was abandoned following protests from environmentalists. Sri Lanka ...

The IMF bailout secured in March 2023 helped stabilise financial and business conditions after Sri Lanka's economy contracted by 7.3% at the depth of its financial crisis and by 2.3% in 2023.