ECONOMYNEXT – Sri Lanka’s John Keells Holdings has teamed up with Nepal’s Chaudhary Group, to sell electric vehicles made by China’s BYD, banking on a shift from internal combustion engines. JKH Chairman Krishan Balendra said the already diversified group entered…
ECONOMYNEXT – The heir apparent of the Rajapaksa dynasty will face an unusual challenge in the September 21 presidential election, with his loyalists confronted by another Namal Rajapaksha on the ballot paper. With 36 candidates having paid their deposits to…
ECONOMYNEXT – Transparency International Sri Lanka (TISL), a non-government organization which is working against corruption, raised concerns over complaints of President Ranil Wickremesinghe’s election campaign using public resources owned by taxpayers money. TISL, which has been in the island nation…
ECONOMYNEXT – Sri Lanka will engage in joint activities with the Australian military in the Indo-Pacific Endeavour (IPE) activities, starting off with joint work with Sri Lanka Air Force Maritime Squadron, Australia’s embassy in Colombo said. “The first engagement of…
ECONOMYNEXT – Bangladesh Central Bank Governor Abdur Rouf Talukder resigned media reports said, after the fall of government in Sri Lanka style unrest coming in the wake of steep currency collapses. He had submitted to resignation to the Financial Institutions…
ECONOMYNEXT – Sri Lanka cannot immediately resume online visa issuance under the old system as ordered by court as the Immigration Department’s computer system has been changed to new procedures and fees, Public Security Minister Tiran Alles said. Sri Lanka’s…
ECONOMYNEXT — Sri Lanka Podujana Peramuna (SLPP) MPs who left the government and have now joined an alliance with the main opposition Samagi Jana Balawegaya (SJB) first approached the National People’s Power (NPP), its leader Anura Kumara Dissanayake said. Speaking…
ECONONYNEXT – Sri Lanka’s balance of payments is still strongly in surplus in 2024 under the current interest rate structure, but is running slightly behind 2023, official data show. Sri Lanka had recorded a BOP surplus (as defined) of 1,761…
ECONOMNEXT – An internal affairs unit at Sri Lanka Customs which will receive and investigate public complaints, State Minister for Finance Ranjith Siyambalapitiya said formally opening the office. The Internal Affairs unit will further strengthen the relationship with the public,…
ECONOMYNEXT – The completion date of Sri Lanka’s debt restructuring cannot be decided definitely at this time, but the country is recovering faster than other countries in the stability provided, State Minister Shehan Semasinghe said. “Debt restructuring is a complicated…
