Real challenge is getting GDP growth between 5-6%
After going through probably the worst crisis the world experienced since the Second World War, the global economy is growing back to its pre-pandemic era. Read More »
Bandula wants to export cannabis
Amidst an ongoing forex crisis, Sri Lanka could earn a higher return on export proceedings if an initiative is taken by the local industry to extract and export hemp, a type of cannabis plant, to the Read More »
An accountable budget
The Central Bank of Sri Lanka was confident on Thursday (14) that the Sri Lankan economy is making headway despite pandemic-related disruptions while its Governor also expressed confidence in meeting Read More »
Another hike in milk powder prices?
In a backdrop where global milk powder prices hit a seven-year high last week, local milk powder importers stated that if the prices increase by a further 30%, they’d have no choice but to increase lo Read More »
Caught up in a cost of living nightmare
As the weekend receded fast, with Monday approaching in a few hours, most were already feeling “Sunday scaries”. Sunday scaries is a real thing. It gained traction in recent years and it indicates a s Read More »
Reluctant bondholders await debt restructuring
International sovereign bond (ISB) holders may have rejected the ISB buyback offer from the Central Bank of Sri Lanka (CBSL), as they were awaiting a possible debt restructuring to get a higher return Read More »
Singapore not aware of changes to FTA with SL
Singapore was unaware of the current measures being taken by the Sri Lankan Government with regard to amending the 18 “controversial” clauses in the Sri Lanka-Singapore Free Trade Agreement (FTA), The Read More »