BUSINESS

Sri Lankan banks brace for low credit growth amid high cheque returns

BUSINESS Radi -
The average value of daily cheques returned increased to Rs. 1 billion in 2Q22 from Rs. 681.3 million in 1Q22

WindForce powers agro production with new 10MW solar power plant

BUSINESS Radi -
Agrivoltaic plants combine the growth of agricultural crops with solar power production, optimizing the use of land to increase its efficiency

SL quarrying sector in dire straits as result of blasting powder controversy

BUSINESS Radi -
The quarrying sector which provides material for the construction industry,

Sri Lanka to allocate land from 16 industrial zones for investors

BUSINESS Radi -
Sri Lanka’is now ready to lease land from industrial estates for 35 years to 16 investors expecting over 4.5 billion rupees in investment and over 2,400 direct employment opportunities.

Sri Lanka’s medium grown tea prices fall in September

BUSINESS Radi -
Sri Lanka’s low priced medium grown tea prices fell in September fourth week sale to 1,358.97 rupees a kilogram
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