BUSINESS

France Japan and India step in to tackle SL medicine shortage

Sri Lanka’s health care system is close to collapse, under President Gotabaya Rajapaksa’s government of system change which instigated the island nation’s worst economic...

China to play positive role in easing SL debt amidst India’s massive relief

China has softened its stance on massive debt resturing of Sri Lanka stating that it stands ready to play a constructive role in its...

Foreign research gets underway to develop plant based fuel for Sri Lanka

The Department of Natural Sciences at the University of Agder (UiA) is working to introduce a more environmentally friendly solution for Sri Lanka to...

A 90,000 mn Treasury bill auction to be held next week

It is reported that a Treasury bill auction worth Rs. 90,000 million will be held on May 25. Accordingly, bills of Rs. 45,000 million maturing...

World Bank, ADB & AIIB plan to provide emergency aid to Sri Lanka

The World Bank, the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have jointly decided to support Sri Lanka’s response to...

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