ECONOMYNEXT — Sri Lanka’s fractured opposition still appears undecided on forming a broader alliance against the National People’s Power (NPP), with the United National Party (UNP) and the Samagi Jana Balawegaya (SJB) seeming unable to reconcile. The UNP’s Saman Ratnapriya…
ECONOMYNEXT — President Anura Kumara Dissanayake, who leads a leftist political formation, has said in a World Children’s Day message that his government is committed to promoting economic freedom. “By nurturing a generation of children who are healthy both in…
ECONOMYNEXT – Sri Lanka has restored a 20-dollar double entry visa for South Asian visitors and a 20 dollar double entry visa for other countries, according to the online visa website after the new administration restored an earlier e-visa system,…
ECONOMYNEXT – Sri Lanka is restoring the easy online visa system for tourists from midnight and the distress suffered by foreign visitors as a result of giving ETA process to VFS Global has ended, Foreign Minister Viitha Herath said. Herath…
ECONOMYNEXT – The Colombo Stock Exchange closed up on Thursday, data on its site showed. The broader All Share Index closed up 0.10 percent, or 12.16 points, at 11,671; while the more liquid S&P SL20 Index closed up 0.50 percent,…
ECONOMYNEXT — Sri Lanka’s outgoing Power & Energy Minister Kanchana Wijesekara said he leaves the ministry and institutes under his purview in stronger financial positions with adequate stocks of petroleum products and coal for power generation and fuel supply. All…
ECONOMYNEXT – The family of murdered Sri Lanka journalist Lasantha Wickrematunge appealed on Tuesday to the island’s new president to reopen an investigation into the internationally-condemned assassination. The anti-establishment editor was murdered as he drove to work in January 2009…
ECONOMYNEXT – Sri Lanka says bondholders have made further concessions during the latest round of negotiation which will see the present value benefit increasing from 27 percent in a July deal to 33 percent in the September deal, if the…
ECONOMYNEXT – Sri Lankas basic food prices are sharply down after multiple value added tax hikes over the past two years, but politicians, who stay mum on import duties, continue to claim that they will reduce VAT to bring down…
ECONOMYNEXT – Sri Lanka President Ranil Wickremesinghe said a strong exchange rate has reduced the cost of living a little, and he will continue to work for a strong rupee if elected for a second term. “When I strengthen the…
