ECONOMYNEXT – Fitch Ratings said it was confirming an ‘AAA (lka)’ rating of Sri Lanka’s Lion Brewery, with a stable outlook, despite possible competition from a competitor. “We expect Lion to maintain its solid market position in the local beer…
ECONOMYNEXT – Sri Lanka is just emerging from a default after large volumes of money were printed to target a narrow policy rate, in the pursuit of instant growth (potential output) and denying monetary stability to the people. From 2015…
ECONOMYNEXT – Chinese Ambassador to Sri Lanka Qi Zhenhong during his visit to the island nation’s Northern Province, which is close to India, said ethnic minority Tamils have made ‘a correct decision’ in helping ruling Marxists-leaned National People’s Power (NPP)…
ECONOMYNEXT – Chinese Ambassador to Sri Lanka Qi Zhenhong said he is confused over non-cooperation by Sri Lanka’s Northern Jaffna University on education cooperation between the two countries despite active participation from Beijing. As part of education cooperation, China has…
ECONOMYNEXT – Sri Lanka’s new administration wants to cut personal income taxes, take away value added taxes on some processed food items and education materials, without harming revenue targets in the International Monetary Fund program. The IMF is fixated on…
ECONOMYNEXT – Sri Lanka’s 2024 general elections has returned an overwhelming majority of candidates from the National People’s Power of President Anura Dissanayake followed by the Samagi Jana Balwegaya. The following is a list of reported candidates and preferential votes…
ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayake’s National People’s Power left rivals far behind in results declared in the 2024 general elections, raking in over 65 percent of the vote. The NPP also scored the most votes in the…
ECONOMYNEXT – Sri Lanka’s application to become a member in the BRICS has been rejected by the group’s current membership, but its request to become a member of New Development Bank (NDB) established by member countries to mobilise resources for infrastructure…
ECONOMYNEXT – Vietnamese women in Sri Lanka have met newly appointed envoy Trinh Thi Tam at an interactive session to mark Viet Nam Women’s Day 2024, a statement said. The Vietnamese community in Sri Lanka numbering about 200, is made…
ECONOMYNEXT – Sri Lanka is experiencing an outbreak of African Swine Fever especially in the Western Province and attempts are being made to stop the spread to other areas, officials have said. Sri Lanka’s Western and Wayamba Provinces have to…
