SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
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Sri Lanka has launched a centralised digital human resources management system for the public service as the government prepares to recruit more than 120,000 additional employees this year, according to Public Administration,
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Millions of people across Britain are struggling to afford food as the cost of essentials continues to rise, with a new poll finding that three-quarters of people have worried about food prices
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India’s government has become a central focus of a bitter struggle over the future of Tata, the country’s largest conglomerate, as rival camps lobby senior officials over the leadership of its main
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Volkswagen chief executive Oliver Blume has secured stakeholder backing for his turnaround plan, but the German carmaker now faces difficult negotiations over job cuts and plant closures, alongside unresolved questions about its
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For decades, Sri Lanka’s national airline has occupied an uneasy place in the country’s public life: a source of national pride on one hand and a continuing financial burden on the other.
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Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
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Sri Lanka’s Parliament is providing official residential units in the Madiwela parliamentary housing complex to 111 serving lawmakers at a monthly rent of just Rs.2,000 per unit, according to information released under
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When Milan Shrestha returned to the aftermath of devastating floods in northern Nepal, his family hotel in Betrawati was gone. His parents, both in their late 50s, had escaped by moving uphill,
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Nearly 30 officers and officials have reportedly left Sri Lanka’s Parliament in recent months to take up employment elsewhere, with most of those departing said to have moved to the private sector.
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The sharp rise in government bond yields is increasing debt-servicing costs across the Group of Seven, adding pressure to public finances already strained by historically high levels of borrowing. The United States
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In 1993, James Carville, a senior adviser to US President Bill Clinton, made an unusual wish. If he were reincarnated, he said, he would rather return as the bond market than as
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A debt crisis may not be imminent in the United States, but one of the world’s most prominent economists believes the country is becoming dangerously less prepared for the next major shock.
More The Concern I recently received a message from a concerned traveller who regularly uses Sri Lankan Airlines’ services. The communication included a recording in which a journalist conveyed an alarming proposition: that
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Sri Lanka could face what former president Ranil Wickremesinghe described as one of the country’s most severe economic battles if it fails to increase its foreign reserves to US$15 billion within the
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