ECONOMYNEXT – Sri Lanka expects to grow 40,000 acres of coconut in the North as part of efforts for long term expansion of the crop and also give free fertilizer to small holders Minister of Plantation and Community Infrastructure Samantha…
ECONOMYNEXT – Sri Lanka North East monsoon has started lashing the island’s East, North Central, Uva and Eastern slope of the central hills with torrential rains over the weekend, filling over 50 tanks which are over the spill level inundating…
ECONOMYNEXT – Sri Lanka’s cost of living will rise to the 5 to 7 percent target, in the second half of 2025, the central bank has said, ending falling price it has achieved under broadly deflationary monetary policy since the…
ECONOMYNEXT – Authorities in India who are probing a money laundering case has included a stalled real estate project initiated by the Krrish group in Sri Lanka as part of assets involved in the scheme, a media report said. India’s…
ECONOMYNEXT – Women and girls are increasingly facing harassment on social media platforms, the Human Rights Commission of Sri Lanka has said, and urged the government to take measures to address the online harassment of women. “Women politicians and political…
ECONOMYNEXT – Sri Lanka has imposed price controls on canned fish amid excess domestic capacity and low sales when the imported product is also taxed, Trade Minister Wasantha Samarasinghe has said. There was already a price control of 480 rupees…
ECONOMYNEXT – A report by the Sri Lanka – Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce, after a recent business promotion mission, has highlighted several opportunities for collaboration including ferry connections. The Delegation Report highlighted “several promising…
ECONOMYNEXT – The World Health Organization has commended Sri Lanka’s focus on expanding community-based networks and deinstitutionalization aimed at enhancing its mental health services. In its 2024 annual report, the world health body said Sri Lanka’s focus on expanding community-based…
ECONOMYNEXT – Sri Lanka’s red rice shortage was created by the government through its price controls and import controls, by trying to interfere with the price signals, in a deterioration of policy seen over several years. The lack of food…
ECONOMYNEXT – Sri Lanka’s state sugar company can produce a lower cost alcohol for the people using ethanol made as a by product, and wean the people away from illegal tipples, Industries Minister Sunil Handunetti said. Lanka Sugar, a state…
