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Sri Lanka appoints committee to drive education reforms
EconomyNext 3 months ago
Sri Lanka appoints committee to drive education reforms

Committee is intended to act as a bridge between existing state bodies.

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EconomyNext 3 months ago
Sri Lanka resumes South Korean-funded ICT education project

Construction of a national level e-Learning Center and two provincial ICT centers in the Southern an…

Sri Lanka rupee recovers, bond yields open lower
EconomyNext 3 months ago
Sri Lanka rupee recovers, bond yields open lower

An auction of Rs. 80,000 million Treasury bills was ongoing.

Sri Lanka CB keeps key policy rate steady amid depreciation pressure, lower inflation
EconomyNext 3 months ago
Sri Lanka CB keeps key policy rate steady amid depreciation pressure, lower inflation

Says current low inflation provides sufficient space to accommodate impact of higher energy prices

Sri Lanka expresses gratitude for Iran’s oil offer; says no ship to buy
EconomyNext 3 months ago
Sri Lanka expresses gratitude for Iran’s oil offer; says no ship to buy

It is also exploring a Russian oil deal amid fuel shortage, price hike

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EconomyNext 3 months ago
Top Russian official in Sri Lanka for G2G oil deal; talks are at diplomatic level: Minister

Sri Lanka likely to hit further if it cannot secure fuel in near future

Sri Lanka rupee continues depreciation, bond yields edge up
EconomyNext 3 months ago
Sri Lanka rupee continues depreciation, bond yields edge up

Rupee continued to weaken

Sri Lanka budget current account in surplus after 38-years, depreciation threat looms : analysis
EconomyNext 3 months ago
Sri Lanka budget current account in surplus after 38-years, depreciation threat looms : analysis

The current account surplus allowed a part of the capex to be financed with taxes for the first time…

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EconomyNext 3 months ago
Sri Lanka records surplus in budget current account after 38-years : analysis

The current account surplus allowed a part of the capex to be financed with taxes for the first time…

Sri Lanka’s Janashakthi Group to raise Rs5bn in IPO
EconomyNext 3 months ago
Sri Lanka’s Janashakthi Group to raise Rs5bn in IPO

500 million ordinary shares, a 21.74 percent stake of the company, will be offered at 10 rupees each…

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EconomyNext 3 months ago
Sri Lanka asks residents to iron clothes, charge electronics during daylight hours

Asks people to turn off fridges from 6 pm to 10 pm

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EconomyNext 3 months ago
Sri Lanka stocks close up on retail investor interest

Bigger players in the market haven’t jumped back in yet, owing to the highly volatile conditions,