An Echelon Media Company
Saturday December 4th, 2021

Sri Lanka considers medical cannabis export amid worst ever forex crisis

The MP said the government plans to seek parliamentary approval in the next three months.

Chanka Jayasinghe

2 min read

Sri Lanka inflation hits 12-year high in Nov 2021 amid money printing

Food prices have risen 34-pct since the current bout of inflationary policy began

2 min read

Sri Lanka to import rice from Myanmar for US$460 a tonne

Import controls keep domestic prices high

1 min read

Sri Lanka looking to mix organic, inorganic fertilizer in hopes of higher yield: minister

"Chemical fertilizer, once imported and made available in the market, will be sold at a market price."

2 min read

Sri Lanka's Jaffna peninsula may have oil: Minister

Aerial survey data to be analyzed in three months

1 min read

Sri Lanka CPC controversial US$2.5bn re-financing attempt fails

7 percent fee was to cover credit insurance

4 min read

Is Sri Lanka’s pandemic debt moratorium interest free? – fact checked

For the borrowers who did not pay the interest, a separate interest for that unsettled interest payment will be char...

4 min read

Sri Lanka stock index ends steady; export shares gain

More investors seemed to move for health sector and export oriented stocks

2 min read

Sri Lanka bond market ends quiet

Bond auction fully subscribed

2 min read

Sri Lanka LPG fires: testing samples, no composition standard: Minister

New standards were published in September but nobody seems to have taken notice

4 min read

Sri Lanka to largely stick with current travel guidelines for tourists for now

A top official at Sri Lanka's foreign ministry said the current travel guidelines are unlikely to be changed.

Mahadiya Hamza

3 min read

As Omicron looms, Sri Laka health experts call for accelerated vaccine rollout

Sri Lanka now has fully vaccinated 13.7 million so far.

Chanka Jayasinghe

4 min read

SriLanka Airlines loses Rs24.8bn from April to July 2021

Airline had a seat factor of 20-pct

1 min read

Sri Lanka sells Rs30bn in bonds, tap open

All offered bonds sold

1 min read

Sri Lanka bond market steady

price increase for bakery items

2 min read

Sri Lanka bread, short eats prices up after money printing

Other than water all inputs have gone up

3 min read

Sri Lanka tax-payers left guessing after latest tax upheaval

Exporters may face cascading tax, low margin and price controlled businesses will be squeezed

6 min read

Sri Lanka SOE given import monopoly on desiccated coconut

A 300 per kg tax imposed and 299 taken off for BCC Lanka

1 min read

Sri Lanka warned to get vaccines, be cautions as new variant found

Countries have generally not succeeded in blocking new variants from coming in

Chanka Jayasinghe

5 min read

Sri Lanka President warns of unpopular measures as stimulus hits external stability

Sri Lanka is among countries in the world that has handled the Coronavirus better than most

8 min read