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Third luxury cruise ship, Azamara Quest arrives in the island

Another luxury cruise ship, Azamara Quest arrived at the Colombo Port yesterday carrying more than 600 passengers, mainly from the US the third luxury cruise with in 16 days from the arrival of the first such cruise liner signaling the revival of the country’s hospitality industry.

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

Breaking

Turning Point: The Colombo Coup—Town Hall in Turmoil

By Faraz Shauketaly They say if you want to see...

Treasury Autonomy Essential to Prevent Next Debt Default

Sri Lanka’s reserve management is at a critical juncture....

Talk Without Action Fuels Colombo Port Container Crisis

The continuing congestion of over 13,000 containers at the...

Climate Shock Meets Institutional Failure in Post-Ditwah Sri Lanka

Cyclone Ditwah did not merely flood towns and uproot...
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