Radi

Alumex PLC, a leading manufacturer of high-quality aluminium profiles and a subsidiary of the Hayleys Group, is eying on expanding its value-added offerings and solidifying its position as the leading exporter in the industry.

The government will continue to implement our reform agenda in order to support Sri Lanka’s economic recovery and successfully complete the IMF program.

Sri Lanka is to mobilize green energy investments in the energy sector and invites local and foreign direct investments for that purpose, Senior Advisor to the President on Climate Change Ruwan Wijewardene said.

Sri Lanka’s deficit in the merchandise trade account witnessed a significant contraction in February, due to a significant moderation in the import expenditure, arising out of the aggregate demand conditions.

The credit card balance, a distant proxy for consumer spending, bucked the recent trend to show a decline in January and the drop in the number of cards in February this year, reflecting some pullback in spending amid higher interest rates and inflation.