The Lanka Coffee Association, in partnership with Australia’s Market Development Facility (MDF) and Jetwing Hotels, successfully hosted the third-annual Sri Lanka Coffee Festival on 6 June 2024 at Jetwing Lighthouse, Galle. The finals of the LCA Barista Championship were held…
ECONOMYNEXT – Two-time Prime Minister Narendra Modi’s less-than-expected win at the India’s parliamentary election may not change its foreign policy towards Sri Lanka, but aggressive push for connectivity and infrastructure projects in the island nation could be slowed, analysts say.…
ECONOMYNEXT – The Ceylon Chamber of Commerce considers the new Electricity Bill a step towards modernizing the country’s electricity sector and fostering a more competitive market environment, a statement by the trade body said. “This move is expected to enhance…
ECONOMYNEXT – Chairman of Sri Lanka Parliament’s Committee on Public Finance, Harsha de Silva is under threat over examining a controversial visa deal involving IVS-GBS, VFS Global, opposition leader Sajith Premadasa said. De Silva said he had come under severe…
ECONOMYNEXT – State-run SriLankan Airlines has reported a net profit of 1,124 million rupees in the nine months to December 2023 turning around from a loss of 73.26 billion rupees for the full year ending March 2023, official data shows.…
ECONOMYNEXT – Sri Lanka’s current dollar earnings from merchandise exports, remittances, tourism and other services exceeded imports by 542 million US dollars in April 2024, official data shows. Sri Lanka’s hard goods exports were 877.6 million US dollars in April,…
ECONOMYNEXT – Candidates from Sri Lanka would get opportunities to conduct doctoral research in India under an initiative launched for BIMSTEC countries, the Indian High Commission in Colombo said. Under BIMReN Split-Site Doctoral Fellowships, doctoral candidates in BIMSTEC member countries…
ECONOMYNEXT – Former US President Donald Trump has been convicted by the jury for falsifying business records in a case linked to paying off a former porn star. Trump is expected to be sentenced on July 11 but Trumps lawyers…
dnata Travel Group, a leading Dubai-based travel services provider, part of the Emirates Group, is launching a travel industry event in Sri Lanka this June, Horizon: Sri Lanka, hosted by senior representatives from its global brands, amidst growing demand for…
ECONOMYNEXT – The objective of Sri Lanka’s monetary policy is not to promote growth but provide stability to achieve its growth potential, Central Bank Governor Nandalal Weerasinghe said though it could be a secondary aim. Stability “The objective of monetary…
