BUSINESS

India contempletes currency trading with Sri Lanka 

In the guise of protecting  Sri Lanka’s crashing economy,an attempt is being made to introduce a common currency between India and Sri Lanka through...

SL Exporters lose confidence in economic down turn 

Sri Lanka exporters are facing difficulties in getting raw materials, suppliers are losing confidence due to delayed payments and exporters may face dwindling orders...

Sri lanka food prices soar close to 50 percent 

Sri lanka food prices skyrocketed due to shortage and high import costs of imported food items including wheat, sugar and essential commodities in the...

Airlines reduce frequencies  to Sri Lanka  

Airlines scaling down services to Sri Lanka is a fresh blow to tourism and air-freighted exports, industry sources warned yesterday. Among airlines which have reduced...

Govt. decides to strictly cut state expenses to tackle fiscal crisis

The Government has decided to strictly curb state expenses owing to the grave financial crisis the country’s Treasury was facing, the Finance Ministry announced...

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