Chairman BOI, Korean Ambassador in talks to attract FDI to SL
Sanjaya Mohottala Chairman Board of Investment (BOI) recently called on Woon Jin Jeong, Ambassador of the Republic of Korea to discuss several initiatives that would potentially increase FDI inflows from Korea to Sri Lanka.
At…
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Private sector credit surges by Rs. 83 bn
Private sector credit surged by LKR 83 billion in Jun 2021 sustaining the positive growth momentum for the 11th consecutive month according to First Capital Monthly Economic Watch.
State credit reflected a net borrowing of LKR…
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Plantation Minister meets organic Agri experts from Switzerland
A team from Switzerland who are widely regarded as experts on organic agriculture met with Minister of Plantation Dr. Ramesh Pathirana and Secretary to the Ministry of Plantation Ravindra Hewavitharana recently.
During the…
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Rationality of gas company making losses questioned
Sri Lanka LP Gas sector analysts lashed out at the Laugfs authorities stating that they are creating unnecessary gas shortages to cover up their Group losses.
One analyst asked if Litro Gas, the second player in the market can…
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Modified tapeworm drug may help treat COVID – Study
US: A modified drug prescribed to treat tapeworms may be effective against COVID, according to a study conducted in lab.
The team at the Scripps Research Institute in the US said it was known for 10 to 15 years that the class of…
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GUINEA confirms west Africa’s first MARBURG virus disease death – WHO
GUINEA: Health authorities in Guinea have confirmed the first death due to Marburg virus disease, a highly infectious disease that causes hemorrhagic fever similar to Ebola, the World Health Organisation has said.
Marburg case…
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WHO urges rich nations to end “Disgraceful” vaccine access imbalance
SWITZERLAND: The World Health Organization on Tuesday urged the 20 leaders with the power to overturn the "disgraceful" global imbalance in access to Covid-19 vaccines to reverse the tide before October.
The WHO's Bruce Aylward…
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