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Sri Lanka explores the possibility of renegotiating US$ 480 MCC deal

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Cash strapped Sri Lanka is now exploring the possibility of negotiating the US$ 480 Millennium Challenge Corporation (MCC) compact which was discontinued by the...

CB Governor‘s move improves macro economy but food prices soaring

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The Central Bank of Sri Lanka assures that the current economic downturn will ease and the market will stabilize soon. The Governor of the Central...

Litro begins LP gas distribution in the country easing shortage

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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    

BUSINESS CN -
 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

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With the signing of the Line of Credit for US $500 million, Exim Bank, to date, has extended 10 lines of credit to the...
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India’s generosity in Ditwah’s wake, a partnership of reliability

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By Krishantha Prasad Cooray Dr. S. Jaishankar, India’s foreign minister...

India’s $450 Million Cyclone Aid: Relief, Strategy and Indian Ocean Stakes

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India’s decision to extend a USD 450 million financial...

Why MSMEs Fall Through the Cracks After Every Disaster

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 The devastation caused by Cyclone Ditvah has once again exposed a...

Cyclone Ditwah Reveals the High Economic Cost of Policy Delays

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The economic consequences of Cyclone Ditwah are likely to...

Pakistan Sells Majority Stake in National Carrier PIA to Arif Habib–Led Consortium

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Pakistan has sold a 75% stake in its national...

Special Bus Services Deployed to Ease Festive Travel Rush from Colombo

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The Sri Lanka Transport Board (SLTB) will operate special...

Special Traffic and Security Plan Announced for Colombo Ahead of Christmas and New Year Celebrations

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Sri Lanka Police has announced a special traffic and...

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