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Indian Minister holds successful bilateral talks with Malaysian FM

BusinessExternal Affairs Minister Dr. S Jaishankar with Malaysian foreign minister Saifuddin AbdullahTags: Print EditionNew Delhi , (ANI): External Affairs Minister S Jaishankar held talks with Malaysian foreign minister Saifuddin…

“Economic turmoil could send 1 mn SMEs out of business”

BusinessAnanda KannangaraRoshana WadugeTags: Print EditionThe Sri Lanka Trade Development Council (SLTDC) yesterday expressed serious concern over the near collapsing of business activities of one million Small and Medium Scale…

“U.S. economy to collapse”

BusinessTags: Print EditionThe U.S. economy is on the verge of collapse, said a Wall Street veteran in an interview published by MarketWatch on Wednesday. Financial veteran and crypto investor Michael Novogratz, interviewed by…

SLTDA inks MoU with Australian aid funded S4IG

BusinessDhammika Wijayasinghe, Director General, with David Ablett, Team Leader S4IGTags: Print EditionThe Sri Lanka Tourism Development Authority (SLTDA), entered an MOU with the Australian Government-funded Skills for Inclusive…

Litro gets green light for 100,000 MT of LPG; uninterrupted supply for industries, households

BusinessTags: Print EditionLitro Gas Lanka announced that the Company was looking at the possibility of bulk-buying as opposed to ad-hoc purchasing to manage the domestic demand moving forward, sans long queues. The spokesperson for…

Jaffna to India flights to resume in July

BusinessTags: Print EditionSri Lanka will resume flights from the northern Jaffna peninsula to India next month, Aviation Minister Nimal Siripala de Silva has said, asserting that the move would support the country’s tourism industry…

IMF team arrives in Sri Lanka as crisis worsens

BusinessTags: Print EditionAn International Monetary Fund (IMF) team arrived in Sri Lanka on yesterday for talks on a bailout programme, but time is short for country just days from running out of fuel and likely months from getting…

Positive response from Indian companies to invest in SL-PM

BusinessMeera SrinivasanTags: Print EditionSeveral large Indian companies have responded positively to invest in Sri Lanka, said Prime Minister Ranil Wickremesinghe in an interview. The Adani Group of India has brought in $500 million,…

Insurance and financial services sector relatively unhindered by present challenges

“OUR PROMISE IS TO INSPIRE CONFIDENCE IN TOMORROW”BusinessVasana AbeynayakePix by Sudath NishanthaTags: Print EditionGany Subramaniam - brings more than 16 years’ experience from the insurance industry, having held previous senior…