BUSINESS

India lodges formal concerns with Sri Lanka President on Yuan Wang 5 visit

India has formally lodged its concerns with Sri Lanka with regards to a Chinese research vessel which is set to arrive at the Hambantota Port next week, informed sources said.

Poultry industry urges Govt. to promote exports

Sri Lanka poultry industry is in trouble facing several challenges for its survival due to the rise in the price of chicken feed and other raw material and a drop in demand among local consumers as they cannot afford to pay high prices of chicken and eggs, several industry leaders said, adding in a crisis where local demand has dropped, exports should be encouraged.

WB disburses US $ 160 m to tackle SL’s urgent essential item shortage

The World Bank Group said last week it is deeply concerned about the dire economic situation and its impact on the people of Sri Lanka.

SL Consumer confidence continued to decline in June

Consumer confidence, already at extremely low levels, continued to drop with the public continuing to indicate they believe conditions will worsen in coming months and years.

SL mulls oil exploration in Mannar Basin amid tender delay causing US$1 billion loss

The long-delayed Mannar basin M2 block (exploration and production) tender and commencement of exploration work by the selected bidder for the M1 and C1 July 2019 tender could cost Sri Lanka over a billion dollars in foreign direct investment (FDI).

Popular

spot_imgspot_img