The Sri Lankan economy has stabilised with growth expected to reach 4.4 percent in 2024, surpassing earlier forecasts, the World Bank (WB) said today.
The World Bank’s bi-annual Sri Lankan development update titled ‘Opening Up to the Future’, however cautioned that the recovery remains fragile and hinges on maintaining macroeconomic stability, successfully restructuring debt and continuing structural reforms to increase medium-term growth and reduce poverty.
The Board of Investment (BOI) of Sri Lanka has successfully increased Foreign Direct Investment (FDI)…
A total of 85 Chinese nationals convicted for various crimes, including cyber-related offences, were deported…
The Vehicle Importers Association of Lanka (VIAL) has urged the public to carefully consider their…
Former Presidents Mahinda Rajapaksa, Maithripala Sirisena, Ranil Wickremesinghe, former Ministers Basil Rajapaksa, P. Harrison, Wijith…
Two more daughters of former Minister Keheliya Rambukwella, Chamithri Jayanika Rambukwella and Amali Nayanika Rambukwella—as…
After a three-year run at the top of the annual list from the Economist Intelligence…
