President Ranil Wickremesinghe in parliament
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President Wickremesinghe Outlines Economic Recovery and Restructuring Plans in Parliamentary Address

ByEditor

In a detailed address to the parliament today, Sri Lankan President Ranil Wickremesinghe presented a comprehensive update on the nation’s economic recovery and restructuring efforts, detailing significant strides made since the implementation of stringent economic reforms in mid-2023. President Wickremesinghe began his address by confirming that these reforms have initiated a period of economic growth,…

Align with government programs to bolster rural economies – President
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Align with government programs to bolster rural economies – President

Bydaily reporter

President Ranil Wickremesinghe stressed that the enhancement of the rural economy pivots on agricultural advancement. He highlighted the pivotal role of dedicated government officials at the grassroots level in ensuring the success of various government initiatives aimed at rural development, notably the agricultural modernization program. The President made these remarks during his address at the…

President Calls for Unified Environment, Climate Change Law at Sri Lanka Climate Summit
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President Calls for Unified Environment, Climate Change Law at Sri Lanka Climate Summit

Bydaily reporter

President Ranil Wickremesinghe emphasized on-going efforts to enact unified legislation addressing environmental protection and climate change. He highlighted the government’s commitment to crafting economic policies geared not only towards fostering export-oriented competitiveness but also towards transitioning to a green economy, aiming to achieve net-zero by 2050. Acknowledging the recent prolonged spells of extreme climate conditions…

Rise & Fall Of Nationalism In North & South
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Valuing Japan’s Moral Ethos & Economic Assistance

Bydaily reporter

The visit of Japan’s foreign minister Yoko Kamikawa to Sri Lanka is an indication that the relationship between the two countries is on the mend. The manner in which Japan was ousted from the special status it had once held by the previous government headed by President Gotabaya Rajapaksa would have caused much heartburn. Japan…

city of dreams
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City of Dreams Sri Lanka to start operations next year

ByEditor

City of Dreams Sri Lanka is an upcoming large-scale entertainment and hotel project. It’s a partnership between Melco Resorts & Entertainment Limited and a company listed in Colombo called John Keells Holdings PLC. Together, they are developing this project, which will feature a casino and a hotel. This development, costing about US$1 billion, will be…

Samson Rubber Products celebrates 30-year anniversary
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Samson Rubber Products celebrates 30-year anniversary

Bydaily reporter

On 27 April, SRP hosted a traditional Pirith chanting ceremony and a special event to honour its long-standing employees, reflecting SRP’s deep rooted cultural values and commitment to its workforce. The evening will conclude with a spectacular fireworks display, lighting up the skies of Galle in celebration of three decades of success. Since the inception…

CBSL forecasts economy to grow by 3% in 2024
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CBSL forecasts economy to grow by 3% in 2024

Bydaily reporter

The Central Bank expects the economy to grow by 3% this year as the benefits of the eased monetary policy stance and low inflation environment continue to be gradually channelled into the economy. The outlook comes on the back of the economy recording a positive performance in the second half of 2023 following six quarters…