BUSINESS

Dialog Axiata and Airtel to syndicate operations in Sri Lanka

By: Staff Writer Colombo (LNW): Dialog Axiata Plc, Axiata Group Berhad and Bharti Airtel Limited have entered into a binding term sheet to combine operations...

Rubber exports down amidst the economic troubles in the EU and the West

By: Staff Writer Colombo (LNW): The Sri Lankan rubber product export industry is experiencing revenue decline by around 15-20% Year-on-Year (YoY) in 2023, amidst the...

‘China Merchants’ to invest US$ 392 million in SA’s largest logistics hub in SL

‘China Merchants’ to invest US$ 392 million in SA’s largest logistics hub in SL.

Sri Lanka’s exporters compels to comply with Germany/EU tough laws

Sri Lanka’s exporters to Germany will need to comply with the requirements requested by the importers in Germany to assure supply chain due diligence, through traceability, site-level audits and company reporting mechanisms.

Banks urge “don’t let them down” in domestic debt restructuring

Sri Lanka’s Banks and Non Bank Financial institutions (NBFI) will be facing hug and grave losses with significant capital and and forex shortfall as result domestic or sovereign debt restructuring.

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