Amid ongoing economic crisis with skyrocketing inflation and dollar crunch, Sri Lanka will get Indian loan assistance to print text books for school children for the year 2023. Education Minister Susil Premejanatha said that steps have been taken to import raw materials including papers and ink required for textbook printing under Indian credit line for 2023 education year starting from next ...

At least half of the companies worldwide are planning to cut jobs or prune bonuses and rescinding job offers due to the onset of a global economic downturn, said global financial monitoring firm PwC in its latest report. In its “PwC ‘Pulse: Managing business risks in 2022” survey in the US, it said 50 per cent of respondents are reducing ...