The Finance Ministry states that further bilateral discussions will be held regarding the US$1 billion financial facility ...

Pakistan, Angola, and Sri Lanka top the list of countries most indebted to China, according to World Bank data, with Pakistan ...

In November 2022, a scientific expedition to the Saya de Malha Bank made an alarming discovery: the sharks that once ...

Union Bank and the Institute of Bankers of Sri Lanka (IBSL) officially signed a Memorandum of Understanding (MOU) to advance ...

In the early 2000s, a colleague, returning to Sri Lanka after a decade in a research-heavy first world university, complained to me that ‘there is no research culture in Sri Lanka’. But what exactly ...

Delay in disbursing the remainder of the IMF loan package risks undermining the progress achieved thus far and derailing Bangladesh’s efforts towards macroeconomic stability and fiscal discipline ...

A NOXE Smart Schools classroom concept: emotionally intelligent AI assists teachers in real time, while students engage with ...

How are the region’s low-income economies navigating the intersection of climate vulnerability and crippling levels of debt?

The World Bank announced a USD one billion package to spur private sector growth and job creation in Sri Lanka over the next ...

The World Bank said on Wednesday it has earmarked more than $1 billion to support job creation and private sector growth in ...

World Bank Group President Ajay Banga is scheduled to visit Sri Lanka on Wednesday, May 7, marking the first presidential visit by a World Bank chief to the island nation in nearly two decades. The ...