BUSINESS

SL President navigates the ship of economy in storm despite CB back peddling

Sri Lanka is now in an unprecedented economic and humanitarian crisis ten months after the declaration of so-called preemptive debt default on April 12 by newly appointed Governor of the Central Bank Nandalal Weerasinghe by ousted President Gotabaya Rajapksa, several economic experts warned.

Cargills inaugurates centralized distribution centre to strengthen economic activity

Cargills (Ceylon) PLC opened its new centralized distribution centre on 8th February 2023, marking yet another milestone.

President opens first migratory bird park stepping into avitourism

The country’s first migratory bird park and eco-tourism zone established in Hanthane, Kandy will be opened by President Ranil Wickramasinghe today as a major step towards promoting Avitourism based on bird watching.

Port City to launch Financial Centre Phase1,Villa Plot and Marina Hotel

The Port City is slated to break ground on the Colombo International Financial Centre (CIFC ) Phase One 3 towers, Villa plot and the Marina hotel in the third quarter.

SL agriculture modernization gets underway with Agri-fin-tech start up

Battered by man made fertilizer crisis due to the stupid policy of shifting to organic farming overnight by banning chemical fertilizer imports, Sri Lanka’s agriculture sector gets a sigh of relief following the government’s efforts to modernize agriculture after reversing all previous policies.

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