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Japan provides Rs. 3.3 billion grant assistance to Sri Lanka for several projects.

By: Staff Writer March 20, Colombo (LNW): Japan has provided a grant of Rs3.3 billion to Sri Lanka under its Economic and Social Development Programme...

Govt explores the option of relocating Sapugaskanda Oil Refinery in Trincomalee.

By: Staff Writer March 20, Colombo (LNW): Sri Lanka is now exploring the possibility of relocating Ceylon Petroleum Corporation’s oil refinery to Trincomalee in the...

India pledges US $ 61.5mn grant to develop KKS Port in the North.

By: Staff Writer March 20, Colombo (LNW): In yet another instance of India’s growing role as a development aid partner for its neighbouring countries, New...

SEC calls for more active Unit Trust industry to attract more investors

By: Staff WriterMarch 12, Colombo (LNW):The Securities and Exchange Commission of Sri Lanka (SEC) as part of its continuous engagement process with stakeholders in...

Banks express dismay over suspension of parate execution for benefit of defaulters

By: Staff WriterMarch 12, Colombo (LNW):The Sri Lanka Banks Association (SLBA) yesterday said the unilateral decision by the Government to suspend debt recovery via...

Breaking

Blue Diamonds Seeks Lifeline amid Investor and Compliance Challenges

Blue Diamonds Jewellery Worldwide PLC is attempting to chart...

Tax Windfall Masks Deeper Shifts in Vehicle Consumption

Beyond the headline figures of revenue windfalls and rising...

Government Rolls Out Massive Credit Lifeline for MSMEs

In the aftermath of Cyclone Ditwah, the Government has...

World Bank Warns: Recovery Holds, Structural Fault Lines Remain

Sri Lanka’s economic recovery, while stabilising on the surface,...
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