Several dealers with links to black market dollar trading registered with the Trade Ministry under the US$ 1 billion Indian credit line are now active in the import of essential commodities taking advantage of easing restrictions on open account transactions, a Pettah Traders Association’s high ranking member alleged.
Sri lankan billionaire businessman Raj Rajaratnam who served a jail term of 11 years in the US for insider trading is ready to embark on his next big trade after resuming his business inside the townhouse in Manhattan’s East 50s.
Earnings from merchandise exports in May 2022 increased substantially by 17.5% over the corresponding month in 2021, recording at $ 1,047 million, Central Bank announced.
Sri Lanka’s manufacturing and service sectors have been greatly affected by the current political turmoil which has brought the country's day today activities to a standstill further aggravating the economic crisis
Operations at the Hambantota International Port (HIP) from port services, marine services, energy hub, Port Industrial Park and integrated logistics are running uninterrupted, despite the current fuel crisis in the country.
