Business

BusinessTags: Print EditionThe International Monetary Fund (IMF) is planning an in-person mission to Colombo in the coming weeks to engage in policy discussions on the IMF-supported program, IMF Spokesman Gerry Rice said on Thursday…

BusinessTags: Print EditionThe U.S. stands ready to work with Sri Lanka, in close coordination with the International Monetary Fund and the international community, says US Secretary of State, Antony Blinken. Secretary Blinken in a…

Earnings from exports increases in April:Business Gross Official Reserves and Reserve AdequacyTags: Print EditionImport expenditure declined, year-on-year, for the second consecutive month, while earnings from exports increased in…

BusinessTags: Print EditionSLIIT is set to host Postgraduate Open Days for the 2022 June intake offering students the perfect opportunity to discover multiple pathways for academic development. Scheduled for June 16-17, at SLIIT Metro…

BusinessSouvenirs given to the two visiting ministers, Nimal Siripala De Silva and Mahinda Amaraweera to mark the occasion.Tags: Print EditionMinister of Ports, Shipping and Aviation, Nimal Siripala De Silva visited the Hambantota…

BusinessSunil WijesingheTags: Print EditionThe volatile political situation is a challenge over which the private sector has very little control over and while the commercial real estate sector in Sri Lanka has the potential to become…

India emerges giant in Indian Ocean regionBusinessTags: Print EditionIn response to an urgent request from Sri Lanka, the Government of India (GOI) has decided to extend a Line of Credit (LOC) of US$ 55 million to Sri Lanka for…

Bracing for 20% reduction in orders, export earnings to take a hitBusinessTags: Print EditionAmid rising apprehension of a global economic recession and resulting softening of international consumer demand, Sri Lanka’s Joint Apparel…

BusinessTags: Print EditionSri Lanka’s official food inflation stood at 57.4% in May, the highest ever year-on-year food prices ever recorded since 2004. Advocata Institute’s Bath Curry Indicator (BCI), which tracks changes in the…

100s of 1,000s jobs lost / 5,000 contractors in troubleBank collapse from non-payments of contractorsBusinessTags: Print EditionThe Ceylon Institute of Builders (CIOB) urges the government to appoint a commission inclusive of…