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Banks face asset-quality pressure after the end of Covid relief
Sri Lankan banks are likely to face continued asset-quality pressure in 2022 as rising macroeconomic stresses stemming from the sovereign credit profile pose a...
Sri Lanka vehicles go off the roads in spare parts shortage
The Ceylon Motor Traders Association (CMTA) raised concerns on the unofficial restrictions made by banks to cripple the country’s vehicle fleet maintenance, which would...
The burden of the loss incurred by the CPC will have to be borne by people – Gammanpila
Udaya Gammanpila, Minister of Energy has stated that the loss incurred by the Ceylon Petroleum Corporation in the sale of fuel will not be...
Laksala franchise outlet to be opened in China soon
Sri Lanka handicrafts and handloom textiles and ready made garments are to be popularised in China under the government's special programme of local traditional...
Sri Lanka & Russia commemorate 65th anniversary of diplomatic ties
February 19 marks the 65th anniversary of the establishment of diplomatic relations between the Russian Federation and the Democratic Socialist Republic of Sri Lanka.
The...