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Sri Lanka 2022 tea exports to gain US$ 1.2 b in value; 250 m kgs in volume

Sri Lanka expects tea production to recover in 2023 to 300 million kilograms after output fell to 250 million kilograms in 2022 with the banning of fertilizer and agro-chemicals.

SL-born hedge fund manager Raj Rajaratnam in the island for unknown mission

Sri Lankan-born Galleon hedge fund founder Raj Rajaratnam, alleged of being the mastermind of the largest hedge-fund insider-trading deals in US history

President makes visionary move to develop Ambewela farm dairy industry

In an unprecedented goodwill gesture and a visionary move President Ranil Wickremesinghe has offered land to Ambewela Farm to feed dairy cows.

CB cancels Swarnamahal finance licence allowing SMBF to take over assets

The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to cancel the Finance Business Licence issued to Swarnamahal Financial Services PLC (SFSP), effective from yesterday (28 Dec).

SL’s economic crisis deepens the food in security despite relief measures

Sri Lanka’s economic crisis has deepened the risk of food insecurity, a report released by the World Food Programme (WFP) revealed.

Breaking

India’s Neighbourhood Diplomacy Tested and Proven after Cyclone Ditwah

India’s response to Cyclone Ditwah has underscored how New...

New Cosmetics Bill  to Reshape Sri Lanka’s Consumer Economy

Sri Lanka’s proposed legislation to regulate cosmetics marks a...

New China Flights Could Boost Sri Lanka’s Post-Cyclone Recovery

 Sri Lanka’s aviation and tourism sectors received a timely...

Suspect Arrested in Minuwangoda with Foreign-Made Firearm and T-56 Ammunition

A suspect was arrested in the Minuwangoda area after...
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