Rs. 859 Bn Loss made by 52, SOEs in 2022

Mid - year fiscal position report for 2022 indicates ⦁ significant operational and financial challenges in the first four months of 2022. ⦁ supply chain management has been hampered by a lack of foreign exchange liquidity ⦁ negative effects of...

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Asia Cup moved out of Sri Lanka to UAE

The Asian Cricket Council (ACC) stated that it is looking forward to hosting the much-anticipated Asia Cup tournament from August 27th to September 11th, 2022, as planned. However, in light of the current situation in Sri Lanka, the ACC has...

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CCPI inflation climbs to 60.8%

The Colombo Consumer Price Index (CCPI) inflation rate increased to 60.8 percent year on year in July 2022, while the CCPI inflation rate increased by 4.5 percent in July, compared to June 2022. Inflation climbed primarily due to transport, restaurants...

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Akila joins the ‘advisory’ bandwagon!

Mr. Akila Viraj Kariyawasam, Deputy Leader of the United National Party, has been appointed Senior Advisor to the President. Mr. Akila Viraj Kariyawasam is named Senior Advisor on Administrative Affairs to the President. President Ranil Wickramasinghe made the appointment.

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