Items filtered by date: September 2024
Sri Lanka state worker wage cost to rise 0.2-pct to 3.8-pct of GDP in 2025
Sri Lanka’s public sector wage bill will rise to 0.2 percent to 3.8 percent in 2025, under increments proposed by a committee, the Finance Ministry has said.
IMF to nreject key parameter changes in Srilanka bailout program
The International Monetary Fund (IMF) would not agree to changes in key parameters of Sri Lanka’s programme such as primary surplus and debt-to-GDP ratio, as proposed by opposition presidential candidates, Bloomberg Intelligence said.
Jaya Container Terminals celebrates 16 years of success with record-breaking growth
Jaya Container Terminals Ltd. (JCT Ltd.), a fully owned subsidiary of the Sri Lanka Ports Authority (SLPA), recently commemorated its 16th anniversary.
President Ranil expresses optimism of winning presidential poll
With less than 10 days to go, incumbent Ranil Wickremesinghe yesterday described the decisive Presidential election as “still open” but expressed confidence of victory on the strength of his proven prowess and the dynamic plan and implementation focus to deliver higher socio-economic growth.
ADB approves $100 million loan to support Sri Lanka’s water supply and sanitation
The Asian Development Bank (ADB) has approved a $100 million policy-based loan to support Sri Lanka’s water supply and sanitation sector reforms to enhance the country’s resilience to climate change impacts and promote long-term sustainability.
Western Automobile Launches State-of-the-Art Vehicle Assembly Plant in Kuliyapitiya
Western Automobile Assembly Private Limited (WAA) announces the opening of its state of the art SKD assembly plant in Kuliyapitiya. This state-of-the-art facility marks a significant advancement in local vehicle assembly, driving economic development in Sri Lanka while equipping the nation's youth with the skills and knowledge essential for sustainable growth and long-term prosperity.
Who won the US presidential debate?
Donald Trump and Kamala Harris met for the first time on the presidential debate stage in Philadelphia on Tuesday night.
Taylor Swift endorses 'warrior' Kamala Harris for president
Taylor Swift endorsed Kamala Harris for president moments after the end of Tuesday night's presidential debate against Donald Trump.
Export Development Board anticipates over US $ 16 billion from exports in 2024
The Sri Lanka Export Development Board (EDB) remains optimistic about achieving its ambitious export target of over US $ 16 billion for 2024.
Financial Stability Fund to strengthen bank resolution framework
Financial Stability Fund is to be set up with the aim of boosting the country’s bank resolution framework under the financial crisis management program led by the Central Bank of Sri Lanka (CBSL).