Exclusive articles:
Adani’s Kerala Port aims to snatch Sri Lanka’s ’s transshipment business
Amidst mounting people’s protest Adani Group of Indian multi billionaire business magnet Gautam Shantilal Adani’s ambitious mega port project in s Kerala state is nearing completion for the opening next year, informed official sources said.
Sri Lanka and Maldives to further strengthen and diversify trade / investment
Sri Lanka has expressed a keen desire to strengthen and diversify the existing close and cordial bilateral relations with the Maldives into a vibrant and multifaceted partnership for the mutual benefit of the people of the two nations.
Central Bank applies breaks on money printing : CB governor
Sri Lanka’s parliament has no authority over the whole money in the country although it has the power and responsibility on public money and the Central Bank is the monetary authority with the power over the country’s finance to determine the interest rates and control inflation, CB Governor Nandalal Weerasinghe, claimed.
New agency takes up BOI ,EDB & SLEIC to accelerate foreign investment
High regulatory powered investment promotion agency (authority) will take up the task of expediting the attraction of foreign direct investment (FDI) in to the country efficiently and expeditiously, State Minister of Finance Shehan Semasinghe disclosed
Colombo ranked amongst 10 cheapest cities in the world
Colombo (Sri Lanka) has been ranked amongst the 10 cheapest cities in the world in this year’s Worldwide Cost of Living survey (WCOL), run by the Economist Intelligence Unit (EIU).