Debt-for-Nature Swaps: A $100 Billion Opportunity in the Climate Fight
A new report has calculated that debt-for-nature swaps, wherein poorer countries have debt written off in exchange for safeguarding ecosystems
Sri Lankan Rupee (LKR) Tops Emerging Markets in First Quarter of 2024, Reports President’s Media Division
According to the President’s Media Division (PMD), the Sri Lankan rupee (LKR) has achieved significant recognition as the leading currency
Asian Development Bank Warns of Potential Setback to Sri Lanka’s Recovery Post-Elections
Sri Lanka’s recovery could be stalled by abrupt policy changes after elections later this year even as the economy showed
IMF Selects Kristalina Georgieva for Second Term as Managing Director
The International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as its Managing Director for a second five-year term
Increase in Revenue for SLTB During Sinhala and Tamil New Year Season
The Sri Lanka Transport Board (SLTB) has reported a significant boost in its daily revenue, totaling approximately Rs. 25 million,
India’s Ex-Union Minister Yashwant Sinha Criticizes BJP’s Use of Katchatheevu Island as Election Issue
India’s former Union Minister, Yashwant Sinha, has criticized the Bharatiya Janata Party (BJP) for making the Katchatheevu island an election
Chinese President Xi Jinping Emphasizes Need for Fair and Transparent Environment for Chinese Investment in Sri Lanka
During a recent meeting with Prime Minister Dinesh Gunawardena, Chinese President Xi Jinping highlighted the necessity for a ‘fair and
South Korean Ambassador, Miyon Lee, Meets with Prime Minister Dinesh Gunawardena to Advance Bilateral Agreements
On Wednesday (10), Ambassador Miyon Lee of South Korea paid a visit to Prime Minister Dinesh Gunawardena in Colombo, aimed
April 15 Declared Public Holiday by State Ministry of Home Affairs
The State Ministry of Home Affairs has officially declared April 15 as a public (government) holiday for all state employees,
Sri Lanka’s Labour Force Participation Rate Hits New Low in 2023
The recently published annual bulletin of the Labour Force Survey (LFS) highlighted a concerning trend: Sri Lanka’s labour force participation