ECONOMYNEXT – The United States has sanctioned an Indian firm which is in a consortium with a Russian firm to manage Sri Lanka’s Mattala Airport, official data showed. The U.S. Department of the Treasury sanctioned India-based Shaurya Aeronautics Private Limited…
Sri Lanka’s John Keells Holdings PLC (JKH) reported continued growth momentum across almost all businesses in the second quarter, a statement showed. The Group revenue in 2Q was up by 20 percent to Rs.76.96 billion with increases across almost all…
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 President Anura Kumara Dissanayake has expressed interest in learning from India’s expertise in power and energy sector development when he met the Indian High Commissioner to Sri Lanka, the President’s Media Division (PMD) said. The President’s…
ECONOMYNEXT – The United States embassy is collaborating with the Sri Lanka government to respond to a security threat that resulted in its recent security alert to Americans to avoid Arugam Bay, Ambassador Julie Chung said. “We will continue working…
ECONOMYNEXT – Sri Lanka’s central bank has injected around 100 billion rupees against domestic assets through multiple liquidity tools by October 25 official data show, driving up excess money in the banking system to over 190 billion rupees. The central…
ECONOMYNEXT – Since the United States Embassy in Colombo issued a travel warning on Wednesday, many countries including the United Kingdom, Israel, Australia, and Russia have also asked their nationals to be more cautious in travelling to Sri Lanka. Sri…
ECONOMYNEXT — Sri Lanka has seen dramatic reversal in their views of the country’s direction following the September 21 presidential election, according to a poll by the Institute for Health Policy (IHP), an independent pollster. The IHP said in a…
ECONOMYNEXT – A committee appointed to investigate lapses by criminal investigators and intelligence agencies leading to the Easter Sunday bombings has made a bombshell finding, clearing then-president Maithripala Sirisena of negligence. The report of the three-member panel, headed by retired…
ECONOMYNEXT – The level of uncertainty surrounding the global economic outlook remains elevated as change in governments could bring about significant shifts in trade and fiscal policy, the International Monetary Fund (IMF) said in its latest World Economic Outlook (WEO)…
