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SriLankan loses Rs. 12.9 b in Q1
SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt.  ...
2024-11-05
The Morning
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Electricity tariff increase: Revised rates announced
The Public Utilities Commission of Sri Lanka (PUCSL) has approved revised electricity charges, effective from October 20. These changes, requested by the Ceylon Electricity Board (CEB), aim to boost the state-run utility's revenue. The n...
2023-10-20
adaderana.lk
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IMF reaches agreement on First Review of Sri Lanka’s EFF; 2nd tranche to be released
The IMF and Sri Lankan authorities have agreed on economic policies for the first review of a 48-month Extended Fund Facility (EFF) arrangement. Once approved by the IMF Management and Executive Board, Sri Lanka will receive $330 million in...
2023-10-19
News First
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Imperative for SOE Reforms in focus at Sri Lanka Economic Summit 2023
The second session of the Sri Lanka Economic Summit 2023, titled 'SOE Reforms – Now or Never,' will address the crucial need for State-Owned Enterprise (SOE) reforms and provide valuable insights into the ongoing reforms and th...
2023-10-17
LBO
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Sri Lanka’s debt and governance in focus alongside IMF Annual Meetings in Morocco
On the 13th of October, there was a closed-door event that focused on two things. Firstly, the two recent governance diagnostics on Sri Lanka by civil society and the IMF, and secondly the role of the IMF, the government, and the country'...
2023-10-16
Daily FT
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