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Sri Lanka’s ban on ethanol imports had given profits to state run sugar factories which were making losses earlier, President Gotabaya Rajapaksa had said. “Our sugar factories are making a profit today because the importation of ethanol…
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Sri Lanka has printed 23 billion rupees outright purchasing Treasury bills into the balance of the central bank after a failed Treasury bill auction last week, while overnight borrowings from a lender of last resort facility was at 45…
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Sri Lanka’s is evaluating the ‘national balance sheet’ and external macroeconomic conditions central bank Governor W D Lakshman has said cash flows are ‘poised to improve’ in the next few months, saying imports have not been unduly…
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While there may be short-term fluctuations in foreign reserves in the period ahead due to debt servicing of the Government, adequate financing strategies have been lined up to maintain reserves at sufficient levels, through inflows to the…
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Prime Minister Mahinda Rajapaksa met with an Omani investors delegation from Shumookh Investment and Services SAOC which is the investment arm of Madayn – The Public Establishment for Industrial Estates of the Sultanate of Oman, at Temple…
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Demand for data nearly doubled since onset of pandemicOver Rs. 25 b annual investments on infrastructure developmentEfforts to provide connectivity to low coverage areas launched SLT-Mobitel, the national ICT, telecommunications and…
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Microsoft has introduced Windows 11, a new experience designed to bring users closer to the things and people they love.From intuitive design features that make multitasking a breeze to an all-new Microsoft Store that provides users with…
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World’s smallest 14” laptop – ultralight and ultrathin for effortless portability with enhanced productivity ASUS Sri Lanka has launched the ultraportable ZenBook 14 (UX435EA/EG), which combines superb performance and effortless…
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Sri Lanka Cricket (SLC) yesterday imposed a temporary suspension and decided to recall three senior players back home after they were found guilty of breaching team protocols and the bio-secure bubble in England. As a result,…
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Dehiwala Police on Sunday arrested two persons, including a Prison Sergeant for breaking and entering houses in Dehiwala and Mt. Lavinia Police Divisions and stealing cash and jewellery. The suspects are a 61-year-old resident of…
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