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Tackling the illicit cigarette menace of Sri Lanka

BusinessCigarettes cartoons hidden in the baggage and Police raid on illicit tobacco Tags: Print EditionProgressing on previous work on the economic impact of illicit markets, the Research Intelligence Unit (RIU) recently launched its…

Udupussellawa, Hapugastenne Plantations appoint members to Board

BusinessTags: Print EditionDr. Pradeep Uluwaduge, Chairman/Non-Executive Director, Udupussellawa and Hapugastenne; Kamantha Amarasekara, Non-Executive Director, Udupussellawa and Hapugastenne; Sunjeevani Kotakadeniya, Non-Executive…

PUCSL should ensure equality among stakeholders – Dr. Siyambalapitiya

CEB should not be pushed to purchase electricity at prices it could not affordBusinessIndunil HewageTags: Print EditionAll stakeholders in the electricity industry should be equal and it is the duty of the Public Utilities Commission…

Global economy to ‘slow significantly’ – IMF

BusinessTags: Print EditionThe International Monetary Fund (IMF) said that the global economic recovery will “slow significantly” this year due to the Russian invasion of Ukraine. The IMF not only downgraded growth prospects in Eastern…

What the US Dollar crisis means for SL importers, exporters

BusinessTags: Print EditionSri Lanka is in the midst of an economic crisis of unprecedented proportions today. Leading up to the crisis, the Central Bank of Sri Lanka kept the US Dollar frozen for a considerable period. This was when…

Singapore Airlines signs MoU with SLTBP

BusinessKimarli Fernando, Chairperson, SLTDA and David Lau, Regional Vice President West Asia and Africa, Singapore Airlines and other officials after signing the MoU.Tags: Print EditionSingapore Airlines (SIA) has signed a Memorandum…

European Commission chief to visit India to push economic, security and connectivity agenda

BusinessUrsula von der LeyenTags: Print EditionPresident of the European Commission, Ursula von der Leyen will visit India on April 24-25 eyeing to push an economic, security and connectivity agenda amid efforts to balance China’s…

Commercial plantations urge immediate Govt action to prevent industry’s demise

BusinessTags: Print EditionThe Government’s failure to allocate fuel quotas to the Regional Plantation Companies (RPCs), together with continuous power disruptions and uninformed policymaking, is bringing Sri Lanka’s commercial…

OPA Sri Lanka vehemently condemns Rambukkana Incident

BusinessTags: Print EditionThe Organisation of Professional Associations of Sri Lanka (OPA Sri Lanka) has condemned the Rambukkana incident and calls for a full, transparent investigation and immediate intervention of the law…