What initially appeared destined to become yet another major controversy involving alleged insider advantage, privileged access and “big business” influence over state decision-making may now […]
Category: Economic Crisis
Sri Lanka’s Opposition Urges Discussion on Economic Currency Strain
FINANCIAL CHRONICLE – The leader of the opposition in Sri Lanka, Sajith Premadasa, along with other party leaders, has formally requested the Speaker of Parliament […]
Ex-minister urges Sri Lankan expatriates to remit funds via banking channels
FINANCIAL CHRONICLE – Manusha Nanayakkara, the former Minister of Labour and Foreign Employment, has urged expatriates to remit their earnings to Sri Lanka via authorized […]
Leading APAC companies continue to draw investment even as Sri Lanka experiences a decline in foreign exchange reserves, according to Fitch.
FINANCIAL CHRONICLE – According to Fitch Ratings, companies in the Asia-Pacific region that demonstrate resilience continue to draw investment, despite rising oil prices creating disparities […]
Sri Lanka Faces Non-Payment Allegation from U.S. Postal Service, Says Minister
ECONOMYNEXY – Sri Lanka has initiated an inquiry regarding a missing payment of $625,000 that was supposed to be transferred to the United States Postal […]