BUSINESS

Building a technology hub in Sri Lanka

BUSINESS CN -
PreambleI was mooted to write a review of the proceedings of the recent webinar that was organised by SLID. The initiative of building a...

Sri Lanka goes ahead with the decision to shut three overseas missions

BUSINESS CN -
Sri Lanka is to go ahead with a decision to temporarily close three overseas missions from Friday, 31 December 2021. The Foreign Ministry said that...

Central Counterparty Mechanism to boost Sri Lanka Capital Market

BUSINESS CN -
The Securities and Exchange Commission of Sri Lanka (SEC) has taken a key initiative in taking the Capital Market of Sri Lanka to the...

Foreign exchange crisis cripples shipping trade

BUSINESS CN -
The ongoing forex crisis has impacted the shipping trade as well with giant Maersk urging customers to pay in dollars. It said due to the current dollar...

Commercial banks at risk amid deficit of Rs. 455 billion

BUSINESS MIAP -
The commercial banks in Sri Lanka are suffering from a deficit of Rs. 455 billion, revealed former deputy Governor of the Central Bank of...
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