How the Rice Mafia Destroyed the Equilibrium of Paddy Cultivation in Sri Lanka
Sri Lanka’s rice economy is once again under intense public scrutiny, as critics allege that structural imbalances in the paddy…
Category: ECONOMY
Gold: Insurance, Not Euphoria – What the Next 12 Months Are Likely to Bring
Between now and the next 12 months, the yellow metal is unlikely to behave like a speculative asset chasing headlines.…
“Crisis Outsourcing vs State Capacity”
Outsourcing Sovereignty: When a Country Needs Consultants to Save It Sri Lanka did not just default in 2022. It revealed…
Enhancing Trade with India: A Strategic Priority for Sri Lanka’s Risk Mitigation
A former research expert from the Asian Development Bank has emphasized the importance of Sri Lanka increasing its trade with…
NIVARD CABRAAL BEGINS RECORD SETTING THIRD TERM AS GOVERNOR CENTRAL BANK
Ajith Nivard Cabraal became the first person in the history of Sri Lanka’s Central Bank to serve in the…
CABRAAL RESIGNS AS MP AND STATE MINISTER AS BANK HOUSE BECKONS
Sri Lanka’s State Minister of Capital Markets Ajith Nivard Cabraal has formally resigned his role as a Member of Parliament.…
STATE OWNED SD&CC ON USD 230 MILL PLUS RS 734 MILL SPENDING SPREE
Sri Lanka’s state-owned SD&CC have sought Cabinet of Ministers approval to engage in facilities worth USD 230,200,000 (USD 230 Million)…
GOV’T ON SEARCH FOR FUNDS – USD 2.5BN FOR FUEL PLUS USD 500M FOR ROADS
Sri Lanka’s government are in advanced negotiations with various agents – helping the government to secure large scale facilities. The…
McDonald’s profit misses estimates as restaurants limit services
McDonald’s Corp (MCD.N) missed Wall Street estimates for quarterly profit on Thursday as most of its restaurants limited their services…
Worst economic crisis since 1930s depression, IMF says
The coronavirus pandemic will turn global economic growth “sharply negative” this year, the head of the International Monetary Fund (IMF)…
