Business

First EFF of USD 330 Mn tomorrowBusinessTags: Print EditionThe International Monetary Fund (IMF) is expected to approve Sri Lanka’s request for an IMF bailout today (Monday) and is scheduled to receive around USD 330 million as the first…

BusinessState Minister Diana GamageTags: Print EditionThe European Parliamentary Friendship Association (SLEPFA) has appointed State Tourism Minister Diana Gamage as their Vice President. The appointment comes as part of the recognition of…

BusinessTags: Print EditionIn a bid to assist Sri Lanka to gain more foreign exchange Dhanusha Marine Exports (Pvt) Ltd, has launched the construction of the biggest in Sri Lanka for export to the African continent. The total forex gain…

BusinessTags: Print EditionJaya Container Terminals Limited (JCT Limited), a fully owned subsidiary of the Sri Lanka Ports Authority (SLPA) reached unprecedented heights as it accumulated a 275% increase in profits in the 2022 financial…

BusinessTags: Print EditionHNB Assurance PLC (HNBA) recorded an impressive growth of 26% in its Gross Written Premium (GWP) as of the end of December 2022 to reach Rs 8.9 billion. This is, in fact, the highest GWP growth rate when compared…

BusinessEquipment was transferred from the trailer which was driven off the RORO vessels to the trucks.Tags: Print EditionLast week, the largest capacity crawler crane in Sri Lanka was unloaded at Hambantota International Port. The crane,…

BusinessFormer CBSL Governor Dr. Indrajit CoomaraswamyTags: Print EditionFormer Central Bank Governor Dr. Indrajit Coomaraswamy noted that fiscal domination of monetary policy was to end under the new Central Bank governance framework. This…

Airline agencies agree to reduce fares by 20%BusinessMinister Nimal Siripala amongst others at the meeting.Tags: Print EditionPorts, Shipping and Aviation Minister Nimal Siripala de Silva said he requested the representatives of the airline…

BusinessTags: Print EditionSri Lanka’s food and crop security is now in a better position than in 2022. says FAO Representative for Sri Lanka and the Maldives Vimlendra Sharan. “With a normal Yala in 2023, I hope to see the agriculture…

BusinessH. L. Sunil Shantha Kalutara Central Special Corr.Kalutara district secretariat and the Kalutara Divisional Secretariat employees obtaining the services of Vision Care. Tags: Print EditionA free eye –clinic was organized, in…