BUSINESS

USAID assists to set up battery switching stations in SL for electric two-wheelers

The United States Agency for International Development (USAID) is to fund the construction of battery switching stations in Colombo for electric two-wheelers.

FitsAir increases Colombo-Dubai flights in daily service

More choice for travellers at Dubai International Air Port following the increase of daily flights by FitsAir Sri Lanka’s first privately owned international airline, aviation ministry sourcess said.

CEB enhances power supply in the South by installing 30 diesel generators

As a consequence of the governments’ decision of finalizing the restructuring of the Ceylon Electricity Board (CEB), it has been planned to enhance power supply in several provinces mainly Southern Province using available resources.

NDB crowned as the Most Awarded Corporate in Sri Lanka for the Second Consecutive Year

National Development Bank PLC emerged as the most awarded corporate in Sri Lanka for 2022 as per annual rankings issued by the Sri Lankan...

Tea prices rise YoY amidst low volumes and rupee appreciation

Sri Lanka’s tea prices went up despite the low volumes at the auction on March 02 followed by rupee appreciation, brokers said.

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