BUSINESS

SL floats the rupee to please India before Finance Minister’s New Delhi visit           

In an effort to mend fences with the Indian Government and seek financial assistance including US$1 billion loan facility  Finance Minister Basil  Rajapaksa will...

Tourist arrivals in Sri Lanka top 200,000; surpassing the entirety of 2021

Sri Lanka has recorded over 200,000 tourists so far this year led by Russians, surpassing the 194,495 received for the entirety of 2021.It is...

Litro goes for emergency procurement to avert LP Gas shortage

State-run Litro Gas Lanka Ltd has activated its emergency procurement process to avert LP Gas shortage re-emerged as local commercial banks are not opening...

Colombo Dockyard builds underwater restaurant structure for Maldives

In a rare marine engineering feat, Colombo Dockyard PLC has successfully completed the contract for the design, supply of materials, fabrication, towing and providing...

Softlogic to enter burgeoning Bangladesh retail market

Softlogic Holdings Plc (SHL) is to enter the burgeoning Bangladesh retail market with the acquisition of the country’s first ever and the second largest...

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