BUSINESS

Government accelerates rural development spending billions of rupees

The government is fast-tracking its development journey in rural areas spending billions of rupees without sustained revenue mobilisation while public debt is on a...

‘SriLankan’ pilots ‘work-to-rule amidst management condemnation

The Sri Lankan Airline management has condemned the action of the Airline Pilots Guild of Sri Lanka (ALPGSL) trade union action to work to...

Kantale Sugar factory revives with US300 million SLI investment

Sri Lanka’s over 30 year discarded Kantale Sugar factory and its land is set to be revived and restructured jointly by SLI Development Pte....

SL Government fiddled while tea industry burning

Sri Lanka’s tea output could fall 40 percent in 2022, threatening livelihoods and export revenues, if a fertilizer agro-chemical ban suddenly imposed this year...

Sri Lanka and Indonesia resume negotiations on PTA soon

Sri Lanka and Indonesia are to resume negotiations soon on the Preferential Trade Agreement (PTA) between the two countries which was initiated during the...

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