Exclusive articles:
Airport and Aviation Services Ltd reduces losses amidst economic challenges
State-run Airport and Aviation Services (Sri Lanka) Ltd entrusted with the task of Airport operations is running at a total loss of Rs. Rs. 755 million last year as the country gradually opens up for international traffic.
Sri Lanka tea factories face a threat of closure in fuel crisis
Tea factory owners are facing a threat of total closure owing to the worsening fuel crisis and other shocks putting much needed foreign exchange earnings at risk.
Sri Lanka continues its stance on ‘one China policy’
Sri Lanka is to continue to stand by the ‘oneChina policy’ and support China's sovereignty and territorial integrity,
SL to attract tourists from Indonesia amidst tourist arrival hike in June
In a fresh move to attract more tourists amidst the increased tourist arrivals in June ,Sri Tourism Promotion Bureau to promote the ialsnd nation as a potential tourist destination among the Indonesian public.
Banks virtually halt lending to private borrowers
Banks have virtually stopped lending to private borrowers as interest rates climbed to restrictive territory and the economic conditions turned from bad to worse prompting them to tighten credit conditions to contain any more damage to their asset quality.