An Echelon Media Company
Tuesday December 5th, 2023

Crisis-hit Sri Lanka looks for foster parents to face malnutrition among children

Malnutrition has increased rapidly in Sri Lanka due to unprecedented economic crisis

October 15, 2022 3 min read

Sri Lanka's school dropouts rising after economic crisis-survey 

Children in Sri Lanka forced to leave school due to economic crisis

October 15, 2022 2 min read

IMF working with other lenders on Sri Lanka financing

Working very closely with the World Bank, the Asian Development Bank, the Asian Investment Bank

October 15, 2022 1 min read

Sri Lanka sees new sex workers after currency collapse, rise in STI, HIV detections

Younger persons turning to commercial sex with unsafe practices

October 14, 2022 6 min read
Japan, FAO gives US$4.6mn free fertilizer for Sri Lanka paddy farmers

Ministry of Agriculture and the Department of Agrarian Development, will distribute the fertilizer.

Sri Lanka macro-framework re-assessed by IMF

"At the moment we see things are developing more in line with expectations."

Sri Lanka imports collapse 30-pct in March 2020

Sri Lanka's imports collapsed 30 percent to 1.2 billion US dollars March 2020 amid a Coronavirus crisis, with oil prices...

June 1, 2020 3 min read

Sri Lanka's Bairaha Farms hit by import embargo on top of Coronavirus

Sri Lanka's Bairaha Farms Plc, a feed-milling and poultry processing group which had already been hit by a Coronavirus c...

June 1, 2020 2 min read

Sri Lanka may have lost 37,500 overseas jobs since March

Sri Lanka could have lost around 37,500 overseas jobs up to the end of May due to the Coronavirus pandemic, while many a...

May 31, 2020 2 min read

Sri Lanka 12-month inflation slows to 4.0-pct in May 2020

Sri Lanka's 12-month inflation fell to 4.0 percent in May 2020 from 5.2 percent a month earlier but prices picked up 0.4...

May 30, 2020 1 min read

Sri Lanka businesses hit by self-imposed import embargo can appeal to finance ministry

Sri Lanka businesses hit by a series of import controls to promote import substitution and 'save foreign exchange' as th...

May 29, 2020 5 min read

Sri Lanka President calls for unconditional debt relief from global creditors

Sri Lanka's President Gotabaya Rajapaksa has called for unconditional support from bilateral and multilateral lenders fo...

May 29, 2020 3 min read

Sri Lanka facing 'biggest forex crisis in history' triggering import controls: Minister

Sri Lanka's has slapped import controls multiple ways to face the 'biggest forex crisis in history', Information Minist...

May 28, 2020 4 min read

Sri Lanka fuel stabilization fund has not grown as expected: Minister

A fuel price stabilization fund which was to collect 200 billion rupees in 2020 as global prices fell has not grows as e...

Imesh Ranasinghe
May 28, 2020 2 min read

Government has not "surrendered to big rice millers" - Bandula

The government is dismissing allegations that it has given in to the so-called “Rice Mafia” by increasing the contro...

Imesh Ranasinghe
May 28, 2020 2 min read

Sri Lanka workers returning to South Korea as Coronavirus drive remittances down

Sri Lankan expats working in Korea have started to go back with the first batch of 160 workers leaving in a special flig...

Mahadiya Hamza
May 27, 2020 2 min read
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Sri Lanka lifts para-tariff on PPE to military, state hospitals, medical items for Covid-19

Sri Lanka has lifted a para-tariff on personal protective equipment supplied to the military and state hospitals by expo...

May 27, 2020 1 min read

SJB asks Auditor-General to look into government's "unauthorized expenses"

The opposition Samagi Jana Balavegaya has written to the Auditor General pointing out what they term as “three instanc...

May 26, 2020 1 min read

Opposition warns of a Rice Crisis because of price controls and cooperative shutdown

Opposition politician Dr Harsha de Silva is saying that the government’s strategy of imposing price controls on rice a...

May 26, 2020 3 min read

Under fire Sri Lanka central bank defends money printing

Sri Lanka's central bank defended its money printing, which led to forex shortages and fears of repaying foreign debt le...

May 24, 2020 9 min read

Sri Lanka President requests US$1.1bn forex swap from India, invites port investment

Sri Lanka's President Gotabaya Rajapaksa has requested a 1.1 billion foreign exchange swap from India and also invited a...

May 24, 2020 2 min read

Sri Lanka allows imports of some foods at high taxes after money printing

Sr Lanka has allowed the import of some foods at high tax rates after money printing and excess liquidity led to a forex...

May 24, 2020 3 min read

Sri Lanka import controls extended, license regime in import substitution drive

Sri Lanka has extended import bans for three months on a wide variety of goods and started a license regime on other goo...

May 23, 2020 3 min read

Sri Lanka expands defence ministry functions

Sri Lanka's Ministry of Defence has formally listed a series of training agencies including the National Police Academy,...

May 23, 2020 2 min read

Sri Lanka central bank profits plunge in 2019 amid monetary stability

Profits at Sri Lanka's central bank plunged 60 percent to 55 billion rupees in 2019 from 137 billion rupees in 2018 as t...

May 22, 2020 2 min read

Sri Lanka mulls raising retirement age of state doctors, technical grades

Sri Lanka is to looking to raise the retirement age of doctors and some technical grades to 61 from the current 60, the ...

May 22, 2020 1 min read