BUSINESS

Over 30 per cent drop in tourist traffic

“But the burning issue now is we need marketing for promotions,” he said as the industry hopes to sell the destination when the travel fairs and other destination promotion campaigns kick off next year, long awaited by the industry.

ADB invests $80 m in John Keells Holdings food chain

The Asian Development Bank (ADB) has entered into an agreement to invest up to US$80 million (in Sri Lanka rupee equivalent) in John Keells...

Downgrades and its impact on banks

The Daily FT reported on Monday that Fitch Ratings had downgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from...

SL Airlines union alliance join hands to save national carrier

In the wake of the government’s decision to restructure the loss-making national carrier, the nine main unions representing the employees of, SriLankan Airlines, have...

Are ministers and CB Governor misleading citizens and even their superiors?

At this challenging time for Sri Lanka, economically and socially, with high magnitude risks of precipitating a crisis that can easily destabilise the whole country,...

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