2022

Any agreement with Russia ‘isn’t worth a broken penny’ - Ukrainian negotiatorRussia tests new hypersonic missile ZirconWorldA new Zircon hypersonic cruise missile is launched by the frigate Admiral Gorshkov of the Russian Navy from the…
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WorldTags: Print EditionThe Foreign Direct Investment in the Financial Year 2021-22 has touched a “highest ever” figure of $83.57 billion. Announcing this ‘landmark’ figure, the Ministry of Commerce and Industry said this constituted…
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If urgent issues in agro sector not addressedBusinessShirajiv SirimaneOPA officials at the news briefing. Picture by Sudath Malawera.Tags: Print EditionSri Lanka will face a major food crisis next October if urgent issues in the Agri…
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BusinessTags: Print EditionMorison Ltd., one of the pioneers of pharmaceutical manufacturing in Sri Lanka since 1959, announced the commencement of commercial production at its state-of-the-art WHO GMP and EU GMP compliant production…
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BusinessTags: Print EditionThe diversified blue-chip Aitken Spence PLC reported a profit before tax of Rs. 14.2 billion for the twelve months ended March 31, 2022, compared to the loss reported before tax of Rs. 2.8 billion last year.…
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Maintains industry’s highest CAR of 15.7%BusinessTags: Print EditionPeople’s Bank announced the results for the quarter ended March 31, 2022, with consolidated total operating income growing by 51.9% to reach LKR 42.6 billion, whilst…
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BusinessCBSL Governor Nandalal WeerasingheTags: Print EditionSri Lanka should urgently move away from an import-dependent economy to an export-oriented setup, said CBSL Governor Dr. Nandalal Weerasinghe. He was addressing a meeting…
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BusinessPresident Gotabaya RajapaksaTags: Print EditionPresident Gotabaya Rajapaksa said that the Government will extend its full support to carry out the Central Bank and the Monetary Board functions independently sans any political…
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BusinessPresident M. B. Jayarathna Tags: Print EditionASMET, the Association for Small and Medium Enterprises in Tourism congratulates Harin Fernando on his appointment as the Minister of Tourism and expressed their good wishes for…
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Grand Ward Place handover by year endBusinessTags: Print EditionPrime Lands Residencies PLC (PLR) has posted a record profit before tax of LKR 1,848 million for FY 2021/22 while maintaining a profit after tax of LKR 1,682 million. The…
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