BUSINESS

SL’s apparel sector nose-dives losing in competition with Bangladesh

Sri Lanka’s apparel sector, once thriving as a foreign exchange spinner for the country, begins its downfall amidst the current economic crisis.

SL’s official bilateral creditor committee pledges to provide debt relief

By: Staff Writer Colombo (LNW): A committee of Sri Lanka’s official bilateral creditors, of which China is yet to formally join, expressed broad agreement to...

Sri Lanka Government compels to go for domestic debt restructuring

By: Staff Writer Colombo (LNW):The Government is compelled to go for domestic debt restructuring if the authorities fail in reaching the annual revenue target of...

UNDP steps into develop project promoting e-mobility in Sri Lanka

By: Staff Writer Colombo (LNW): The United Nations Development Programme (UNDP) in Sri Lanka is working closely with several Ministries and relevant authorities to develop...

Indian business tycoon Mukesh Ambani ties up with Murli’s Beverage firm

By: Staff Writer Colombo (LNW):Mukesh Ambani-led Reliance Industries is working tirelessly to maintain its dominance in India’s highly competitive soft drinks market in a strategic...

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