BUSINESS

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.

BOI Customs Declarations system facilitates investors’ streamlining procedures

BOI Customs Declarations system facilitates investors’ streamlining procedures

Tea exports down 22 percent in March, 15 percent in first quarter

By: Staff Writer Colombo (LNW): Sri Lanka expects tea production to recover in 2023 to 300 million kilos, whilst targeting export earnings of $ 1.5...

Local Commercial Banks reluctant to restructure domestic debt,

Sri Lanka is eying options to re-structure domestic debt, or local law local currency debt (LLLC), without harming the banking sector and announcing them, the International Monetary Fund said in a report.

Sri Lanka to build South Asia’s largest logistics complex at Colombo Port

The largest commercial and logistics complex in South Asia is to come up in the Port of Colombo with an investment of US$ 392 million.

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