Category: Local News




Increased exports can improve jobs – World Bank

Increasing exports can lead to better jobs and higher wages in Sri Lanka, including more formal jobs for women. Labor market policies can help different groups of workers to acquire the right skills and to ensure that the gains of more exports are shared more broadly across society.



Sri Lanka asks IMF for 1 year loan extension

Sri Lanka has asked the International Monetary Fund (IMF) to extend a $1.5 billion loan by another year and relax its tight spending targets ahead of key elections, two government sources close to the negotiations told Reuters on Tuesday.









Ramanayake’s evidence lacks accuracy – Probe Committee

The UNP’s four-member committee, appointed to probe the claims made by State Minister Ranjan Ramanayake, about Parliamentarians who allegedly use cocaine, has reportedly concluded that they could not be satisfied with the accuracy of latter’s testimony given before the committee.