28February2017

The Die is Cast: Buddhist Sri Lanka faces a casino choice

One word—tourism—glows on the horizon of hope for Sri Lanka. It is reflected in the surfeit of reportage and advertisements in the local press, where the talk of new city hotels in the capital and planned boutique hotels in exotic....

  • Marwaan Macan-Markar

Sri Lanka 2012 trade gap narrows, growth may be hit

Sri Lanka’s trade deficit narrowed last year, central bank data showed on Monday, helped by a more flexible exchange rate, credit ceiling and tight monetary policy, though such measures likely took their toll on economic growth.

  • Reuters

The Dragon's shadow: China’s forays in Sri Lanka

The Dragon’s shadow is lengthening over Sri Lanka with every passing day. China has committed since 2005 contracts and investments worth US$ 6.4 billion, as per treasury records. So far, $ 3.6 billion has been disbursed.

  • Rajeev Sharma | South Asian Analysis Group

Take advantage of India, China: IMF official to Sri Lanka

Sri Lanka should take advantage of its proximity to the economies of India and China to grow at a faster rate, an International Monetary Fund ( IMF) official today said. Addressing the Sri Lanka Exporters' Association, Koshy Mathai, Resident Representative.....

  • Press Trust of India

Sri Lanka: Another austerity budget with cynical lies

Sri Lankan president and finance minister Mahinda Rajapakse presented the 2013 budget to parliament on November 8, in line with the demands of the International Monetary Fund (IMF). The austerity budget will further undermine....

  • Saman Gunadasa

Share market scandal erupts in Sri Lanka

A scandal over the manipulation of shares on the Colombo stock exchange has erupted in recent weeks after former Sri Lankan Securities Exchange Commission (SEC) chairman Thilak Karunaratne accused government ministers....

  • Saman Gunadasa

Sri Lanka inflation inching towards double digit levels

Sri Lankan inflation rose to 9.8 per cent last month (on a year-on-year basis) against 9.3 per cent in June, appearing to edge closer to double digit inflation (10 per cent and over) in the next few months – unless food prices come down.

  • Sunday Times
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Journalists for Democracy in Sri Lanka

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