BUSINESS

Litro begins LP gas distribution in the country easing shortage

Litro Gas Lanka Ltd. says that it has begun the distribution of LP gas cylinders to their dealers countrywide with the aim of easing...

India and Sri Lanka ink the Sampur solar power project deal    

 Sri Lanka signed a joint venture shareholders agreement with India to launch  the Solar Energy project in Sampur, Trincomalee.  The Ceylon Electricity Board (CEB) and...

Reserve Bank of India issues notice on US $500m line of credit to Sri Lanka

With the signing of the Line of Credit for US $500 million, Exim Bank, to date, has extended 10 lines of credit to the...

India and Sri Lanka to further expand cooperation in petroleum sector

India and Sri Lanka are to further expand cooperation in the petroleum sector to help overcome the present crisis in Sri Lanka. The High Commissioner...

Sri Lanka banks faces  a shortage of new ATM cards

Despite an increase in users shifting to cashless transactions, Sri Lanka banks are facing a shortage of new ATM cards as its suppliers cannot...

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