BUSINESS

Central Bank bans the inward and outward remittances from illegal channels

The Central Bank has taken new measures to improve the domestic foreign exchange market to present forex liquidity in local banks . Finance Ministry will...

Insolvent Sri Lanka should swap its central bank with currency board

What was good for Sri Lanka under British colonial rule 75 years ago may be worth a try again. Or at least that’s what Mark Mobius,...

State owned Enterprises directed to remit portion of earnings to the treasury

Sri Lanka ‘s State owned Enterprises (SOE’s) have been directed to remita portion of their earnings to the treasury in accordance with government financial...

First Sri Lanka Tea Shop and Cultural Centre Opened in Beijing

 Sri Lanka tea is being promoted in China in a big way by setting up of tea shops and carrying out promotion campaigns on...

Sri Lanka Insurance posts record profit of Rs11.7 billion in 2021

Sri Lanka Insurance Corporation(SLIC) yet again recorded stellar performance in the year 2021 to record a profit before taxation of Rs. 11.7 billion for...

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