BUSINESS

National insurance Trust Fund bears the brunt of losses caused to politicos  

Sri Lanka's state-owned insurance firm Sri Lanka’s state-owned National Insurance Trust Fund Board’s may incur losses in excess of Rs 1 billion due to the violent...

BoC managed to improve its income amidst economic crisis

Industry giant Bank of Ceylon has managed to improve its income in the first quarter whilst profitability suffered due to heavy provisioning influenced by...

Strategies to boost dollar earnings by Sri Lanka

Following is an action plan to generate an additional inflow of $ 8 billion per annum from 12 key strategies. These 12 strategies do...

 Independent think-tank Advocata backs SriLankan Airlines privatisation

Independent think-tank Advocata Institute is backing the privatisation of SriLankan Airlines stating that its daily loss of Rs. 99 million is a burden that...

Rapid renewable energy generation plan in place from June

 Sri Lankan government on the directions of President Gotabaya Rajapksa  has set the targets for renewable energy adding 200 MW to the national grid by 2020, and to...

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