News Room : Queen Margrethe II: Danish monarch announces abdication live on TV

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Denmark’s Queen Margrethe II has announced her surprise abdication in a new year TV address. She will formally step down on 14 January, which will...

News Room : Sri Lanka inflation climbs as new tax looms – The Island

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by Amal Jayasinghe The controversial arrest of Sri Lanka’s senior most Kapuwa, or the intermediary between devotee and deity, has renewed a debate over who...

News Room : Central Bank’s Financial Stability Review 2023 reveals strained balance sheets, deterioration in credit quality, and sectoral risks – The Island

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by Amal Jayasinghe The controversial arrest of Sri Lanka’s senior most Kapuwa, or the intermediary between devotee and deity, has renewed a debate over who...

News Room : Sri Lanka tourism lacks direct consumer marketing: Industry experts

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By APSARA RODRIGO ECONOMYNEXT –The lack of consumer marketing was a hinderance for the development of tourism in Sri Lanka, hospitality experts said at a panel...

News Room : Only 0.4% of loans recovered using Parate laws – CBSL – The Island

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By A.J.A. Abeynayake Four persons, including the Archbishop of Colombo, Cardinal Malcolm Ranjith, filed separate petitions in the Supreme Court yesterday (29) against the appointment...

News Room : Way forward

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Saturday 30th December, 2023 Sri Lankans are gripped by an anticipatory dread of another surge in the cost of living owing to the crippling effect...

News Room : Pathfinder Foundation to develop a blueprint to double Sri Lanka’s growth rate – The Island

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The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated...

News Room : Donald Trump kicked off 2024 primary ballot in US state of Maine – The Island

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On May 30, the United States accused China of intercepting one of its spy planes in an “unnecessarily aggressive manoeuvre” over the South China...

News Room : Health Ministry all out to eradicate it – The Island

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Education of about 54.9 percent of Sri Lankan students has been affected by the economic crisis since March 2022, the latest Household Survey on...

News Room : Intense drug busts and sobering reality

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Friday 29th December, 2023 The police are all out to eradicate the scourge of narcotics, and their efforts must not go unappreciated. But it needs...