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Kanrich to settle public liabilities before merger with Nation Lanka PLC
Kanrich Finance Limited (KFL) has been directed to settle its public liabilities in full within the period from 26.12.2022 to 28.02.2023 in terms of the Finance Business Act, due to continuous capital deficiencies faced by the finance company.
Food security drive malpractices of previous regime exposed
The previous Gotabaya Rajapaksa regime’s initiative of maintaining rice security and organic fertilizer drive has been tainted with malpractices, corruption and waste of taxpayers' money, official sources revealed.
FAO scales up emergency and resilience interventions in Sri Lanka
The Food and Agriculture Organisation (FAO) of the United Nations is set to scale up its emergency and resilience interventions in Sri Lanka given the current unprecedented economic crisis in the country.
Govt adamant to hike power tariffs by 65 percent to meet high earning CEB costs
Government fully determines to increase power tariffs by up to 65 percent in January 2023 through Cabinet approval to offset costs.
SL Food sector MSMEs get lifeline from USAID with Keells, and HNB
Sri Lanka’s micro, small, and medium-sized enterprises (MSMEs) in the food sector is to get a lifeline of accessing capital with the assistance of the United States Agency for International Development (USAID).