26 July, 2020 | 17:03 p.m.
Growing Chinese Influence in Sri Lanka
Sri Lanka is re-thinking a port deal with Japan and India. This year, The Sri Lankan Government shelved a railway project with Japan. There is resistance to accept a $480 million grant from the US government.
Sri Lanka gets ready to go Crypto
Sri Lanka’s cabinet has issued a go-ahead to form a committee that will oversee a possible venture into digital banking, blockchain, and crypto mining solutions.
A new report by the Institute of Development Studies, a UK-based think tank, has placed Sri Lanka as the 5th poorest country in the world in terms of food affordability
The report, which was compiled through a publicly available global cost-of-living database, Numbeo, was used in creating a ‘cost of food basics’ analysis that compares the monthly minimum recommended spend on food per adult and monthly average wage in 107 countries across the world.
Expolanka posts record breaking 259% YoY growth in Group PAT up to Rs. 6.3 bn Q1 performance
Expolanka Holdings PLC, delivered another record-breaking performance during the quarter ended 30 June 2021 (Q121). Group revenue recorded a remarkable 165% Year-on-Year (YoY) expansion to reach Rs. 95.7 billion resulting in Gross Profit of Rs. 14.4 billion, up 130% YoY.