BUSINESS

SL economic crisis drives shipping lines to alternative routes  

Due to the ongoing political unrest in Sri Lanka, shipping lines are going for transshipment routes that do not pass through the port of...

SL’s actual inflation rises to 132 percent making the middle class destitute

SriLankan poor people become the poorest of the poor and the middle class people have been pushed into poverty because of the economic impacts...

India keeps open a window to export wheat to Sri Lanka

India is to keep a window open to export wheat to food-deficit countries in the South Asian Countries at the government level despite restrictions...

The stupidity of defaulting on $78 Million

Defaulting on a sovereign debt has very serious ramifications to a country’s future stability. So when the Central Bank decided to default on a...

SL manufacturing and services badly hit by socio economic crisis

Sri Lanka’s Business Activities wil badly affected for the next three months further i due to prolonged power outages, supply shortages and sharp increases...

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