BUSINESS

SL to build largest logistics complex in S. Asia with US$ 392 mn investment

China Merchant Port Holdings (CMPort) is to enter into an agreement with Sinopec to set up bunkering operations in Sri Lanka by building the largest logistics complex in S. Asia with US$ 392 mn investment.

Sri Lanka Tourism begins three city roadshow series in India

In the wake of ever increasing numbers of visiting Indian travellers becoming the leading source market of the island

Japan opens farming jobs for SriLankans under “specified skilled worker” visas

Japanese farms are recruiting workers from Sri Lanka and other countries in South and Southeast Asia especially for the modern agriculture sector in that country, Foreign Employment Ministry revealed.

US Court orders SL, Hamilton Reserve Bank to submit joint status letter by May12

The United States District Court, Southern District of New York last week ordered the Sri Lankan Government and its sovereign bondholder Hamilton Reserve Bank (HRB) to submit a joint status letter by 12 May 2023.

Sri Lanka’ key Corporate earnings continue to fall since 2020

Sri Lanka’s key corporates continue to suffer following the Covid -19 outbreak and man made economic crisis.

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