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SLRA displeased over double standards between supermarkets, other shops

Sri Lanka Retailers Association (SLRA), is requesting the government to stop the ‘double standers’ that are being imposed by the health authorities when it comes to the opening of supermarkets as against other shops. “While over…

Govt’s strategic intervention must for Structural transformation – Prof. Ha-Joon Chang

Structural transformation towards economic activities that require higher technologies, higher skills, and better managerial technologies is an imperative for Sri Lanka, Prof. Ha-Joon Chang-Director of Centre of Development Studies,…

Local power generation players’ overseas operations productive

Overseas operations by local Power Generation players mainly positioned in Bangladesh and Uganda and some African countries are turning out to be very productive for local companies, says ‘GREEN ENERGY; (RENEWABLE ENERGY) report…

Rakshaa signs with BOI for expansion of operations

The Board of Investment (BOI) of Sri Lanka recently signed an agreement with Rakshaa (Pvt) Ltd, for the expansion of their existing operations, which will now include high-quality ladies fashion garments and sportswear. Rakshaa…

SL maintains unblemished record in Debt Servicing

Despite the exerted pressures due to the pandemic, Sri Lanka so far maintained an unblemished record of debt servicing, Ministry of Finance Mid-Year Fiscal Position Report 2021 said. Foreign debt to GDP ratio slashed to 40%. The…

Amana Takaful Insurance records 18% overall general sales growth in Q2

Amana Takaful Insurance (ATI), Sri Lanka’s fully fledged insurance company, announces that its 2021 first quarter record performance has been successfully sustained during the second quarter as well. ATI has triumphed Q2, with an 18%…

Hayleys Plantations’ KVPL gets world’s first Sustainability Framework Certificate

Kelani Valley Plantations PLC (KVPL), a member of the Hayleys Plantations sector, set a new global benchmark for the plantations industry, as all ten of its rubber estates received the world’s first Sustainability Framework…

LB Finance No.1 in K Seeds Investments in 1Q

K Seeds Investments has identified LB Finance PLC as the best performing finance company under the 1st category among the 29 listed finance companies in Sri Lanka through a ranking carried out based on their financial performance for…

Lankan envoy in Nairobi visits Hela Clothing factory in Kenya

As part of the economic diplomacy programme of the Mission in Kenya, to interact with the Sri Lankan investors who remit the investment proceeds to contribute to the foreign exchange earnings of Sri Lanka, the Sri Lanka High…

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