BUSINESS

SL’s inflation to peak at 28% in coming months before subsiding

Sri Lanka’s headline inflation could peak at 28 percent in the next couple of months from the 18.7 percent in March,  as the full...

Govt extends begging bowl to foreign expatriates for few dollars more   

Sri Lanka has decided to accept donations from the country’s expatriates in its quest of begging for a few dollars more while temporarily suspending...

China  reiterates its utmost  help to debt-ridden Sri Lanka

China on Tuesday reiterated that it is doing its ''utmost'' to provide assistance to debt-ridden Sri Lanka. Asked about the reported request of Sri Lanka...

Project to grow raw industrial cannabis in Sri Lanka gets underway 

 A high-powered five-person team has come together to promote the growth of raw industrial hemp (medicinal marijuana) in Sri Lanka.  They are Lead Marion Marithasan...

Interest rates on Treasury bills rise to record levels

The yields of the Treasury bill auction yesterday jumped across the board to their highest levels in many years, in line with Friday’s 700-basis...

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