The International Monetary Fund is assessing a recent electricity price hike which is a key requirement to pass the next review, an official said, after the regulator approved a 15 percent hike.

Sri Lanka is planning to overhaul the country's electricity pricing methodology regulatory officials said where a 'clawback' clause had undermined cost-reflective tariff and made it impossible to ...

Sri Lanka is planning to overhaul the country's electricity pricing methodology regulatory officials said where a 'clawback' clause had undermined cost-reflective tariff and made it impossible to ...

ECONOMYNEXT – A $1 million fund from the United Nations to carry out a comprehensive marine scientific survey in Sri Lanka’s ...

The Colombo Stock Exchange's All Share Price Index (ASPI) closed marginally up at 17,661.45 despite some volatility in the ...

ECONOMYNEXT – Sri Lanka has sold 111 billion rupees in 2029 and 2032 bonds, data from the state debt office showed. All offered 41 billion rupees of 15 October 2029 (LKB00529J154) bonds were sold at ...

Sri Lanka's small and medium enterprises with defaulted loans have given more options to settle loans, and liquidate assets ...

Sri Lanka has 5.71 million torque macaques (rilawa) and 4.24 million peacocks, according to census carried out by authorities ...

Sri Lanka has sold 17.5 billion rupees of treasury bills offered on tap at average rates of 7.55 percent and 7.94 percent, ...

CDB’s Mahesh Nanayakkara walks us through the institution’s ambitious goal of becoming a quarter-trillion rupee company by ...

ECONOMYNEXT – A Birmingham-boundedAir India plane with 242 passengers on board crashed at the airport in India’s western city ...

Sri Lanka's LOLC Finance PLC has decided to repurchase 3,519,065,138 of issued shares to optimize its shareholder value the ...