The new government plans to establish the right economic system giving priority to increase accountability and efficiency of public sector institutions especially State owned Enterprises (SOEs),
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Chinese companies have become key players in Sri Lanka’s housing sector, taking on numerous large-scale construction projects across the island, particularly in urban areas and regions affected by conflict or natural disasters.
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Worker remittances for October continued to come in stronger against both a month ago as well as a year ago period helping both the foreign currency reserves and the rupee to remain strong.
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Private sector credit demand in September lagged from a recent high in the previous month.
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Behind the News
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Indian Navy’s submarine INS Vela, arrived Colombo yesterday on a three-day visit. The submarine was accorded a ceremonial welcome by the Officer of the guard and band of Sri Lanka Navy.
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Weekly Political Review Sri Lanka’s Parliamentary Elections: A Tense Contest for the Future of Governance By Rohana Jith
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Weekly Economic Review
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The government will take steps to eradicate the drug menace and the underworld while putting an end to the insecure situation in the country, President Anura Kumara Dissanayake said yesterday.
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Sri Lanka has recorded an 11.7% increase in workers’ remittances from January to October 2024 compared to the same period in 2023, according to latest figures released by the Central Bank of Sri Lanka (CBSL).
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