Sri Lanka's Ceylon Electricity Board has lost 18.2 billion rupees in the first eight months of 2023, due to controlled prices ...

In mid-2022 when our country was facing an economic meltdown and bankruptcy, India it was, who came to our rescue by ...

Oil markets are on edge ahead of this weekend's OPEC+ meeting, with rumors that the group may deepen cuts if OPEC members are ...

ECONOMYNEXT – Sri Lanka is trying to find a way out of a clause which allowed India to block petroleum development in ...

After oil minister Hardeep Singh Puri recently gave a green signal to the idea of setting up the gas reserve, the oil ...

The great global post-Covid interest rate hiking cycle is ending. Nothing is ever certain, and there are a few notable outliers. Still, with inflation moving in the right direction in most countries, ...

Parliament should look into how the Committee on Public Accounts (COPA) a couple of months ago recognized the Finance ...

Analysts attribute the sad state of affairs in this island nation to economic mismanagement that weakened the country’s public finance. The situation was exacerbated by deep tax cuts enacted by ...

So in the global game of sanctions whack-a-mole, the US has shifted its sights to targeting individual vessels for alleged ...

To hold the president and the other officials criminally responsible, criminal cases have to be filed and proof of criminal ...

The IMF warned in September that Sri Lanka's "full economic recovery is not yet assured." COLOMBO: Sri Lanka's inflation more ...

Pivithuru Hela Urumaya (PHU) leader and former Minister Udaya Gammanpila, MP, on Nov 16, 2023, said that the first warning of ...