ECONOMYNEXT – People in Sri Lanka’s southern district of Matara want to punish past rulers of the island nation. Most of the people are now campaigning for Marxists Janatha Vimukthi Peramuna (JVP)-led National People’s Power (NPP), which has never ruled…
ECONOMYNEXT – Sri Lanka’s current foreign exchange earnings from exports, gross services and remittances rose to 2,362 million US dollars in July 2024 from 2,003 in June, which exceeded imports by 619 million US dollars, official data show. Imports also…
ECONOMYNEXT – A proposed purchase of the business of Bank Alfalah unit in Bangladesh (BAFL) is unlikely to affect an A(lka)/Stable) rating of Sri Lanka’s Hatton National Bank, Fitch Ratings said. “We believe the acquisition, if it proceeds, would have…
ECONOMYNEXT – A proposed purchase of the business of Bank Alfalah unit in Bangladesh (BAFL) is unlikely to affect an A(lka)/Stable) rating of Sri Lanka’s Hatton National Bank, Fitch Ratings said. “We believe the acquisition, if it proceeds, would have…
ECONOMYNEXT – Sri Lanka’s high alcohol taxes are pushing the public who have been hit by an economic crisis, into illegal alternatives, Harry Jayewardena, head of Distilleries Corporation has said. DCSL has seen a fall in sales in the past…
ECONOMYNEXT — Sri Lanka leftist leader Anura Kumara Dissanayake had a 1-percent edge on opposition leader Anura Kumara Dissanayake, a poll for July showed, with a continuing upward trend for President Ranil Wickremesinghe also evident. The Institute for Health Policy…
ECONOMYNEXT –Marxists Janatha Vimukthi Peramuna (JVP)-led National People’s Power’s (NPP) economic policies will erode Sri Lanka’s economic recovery and lead to the second economic crisis, Foreign Minister Ali Sabry said. Sabry, the former Finance Minister who started negotiations with the…
ECONOMYNEXT — Sri Lanka’s economy has returned to normal to a great extent in a short period of time, Central Bank Governor Nandalal Weerasinghe said, noting that restoration of macroeconomic stability was a key driver and warning against a deviation…
ECONOMYNEXT — Sri Lanka’s State Minister of Finance Shehan Semasinghe has called leftist presidential candidate Anura Kumara Dissanayake’s election manifesto a wish list that does not reflect ground reality. “Sorry to say the the National People’s Power (NPP)’s manifesto is…
ECONOMYNEXT – There will be owed 656 billion rupees of debt taken over by Sri Lanka’s central government to be offset by taxes on fuel by the beginning of 2025, Energy Minister Kanchana Wijesekera said. The Treasury took over 1,200…
