Business

BusinessTags: Print EditionSri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn)…

BusinessCommercial Bank’s Chief Financial Officer Nandika Buddhipala and National Science Foundation Director General Dr Sepalika Sudasinghe exchange the agreement in the presence of National Science Foundation Chairman Prof. Ranjith…

BusinessTags: Print EditionThe World Bank states that the economies of the South Asia region (SAR) continue to be adversely affected by shocks emanating from the Russian Federation’s invasion of Ukraine, including higher food and energy…

BusinessTags: Print EditionNational Development Bank PLC, recently opened an Indian Rupee denominated Nostro Account with the Indian Bank. This marks a milestone in foreign payments and settlements in the country, where importers and…

Oyamaduwa, Pharma zone gets USD 100 Mn investment :BusinessShirajiv SirimaneThe local investoers for the Pharam Zone with Health Minister Dr. Keheliya Rambukwella and other Ministry officals. Picture by Sudath MalaweeraTags: Print…

BusinessTags: Print EditionStrengthening Sri Lanka as an emerging destination for cruise ships Colombo Port saw the arrival of a cruise liner from Phoenix Reisen, Germany with nearly 500 passengers and crew. Here the ship anchored in…

BusinessTags: Print EditionH.P.L. Subasinghe, 39, of No.7, Sucharitha Mawatha, Nawimana, Maharagama, is suffering from kidney failure and he has been told that he needs an urgent kidney transplant by Prof. Eranga Wijewickrama, Nephrologist…

BusinessTags: Print EditionSri Lanka can become a maritime hub in the region, which will contribute immensely towards resetting the economy contributing immensely towards Sri Lanka’s foreign exchange issue. Sri Lanka is strategically…

BusinessTags: Print EditionLost Ingredients Lab (LIL) is a Dilmah Tea and Good Life X collaborative programme, initiated under the ‘Support to Small and Medium Enterprises in the Organic Agriculture Sector’ Programme of the Multi-Donor…

BusinessTags: Print EditionBourse edged up after four days of being in the red zone as investor confidence slightly improved over the expectation of an economic recovery from 2H2023, as stated by the CBSL in the policy report for 2023. It…