BUSINESS

CB allows the rupee to fall two days after sticking to its current level

The Central Bank has immediately changed its stance on allowing the flexibility of exchange rate two days after its statement issued on Friday clearly...

Cabinet approves Dhammika Perera’s ‘Golden Paradise Program’

It is reported that the Cabinet has approved the 'Golden Paradise Program', an excellent proposal made by businessman Dhammika Perera to the government to...

CB Governor pledges to counter economic woes without rupee floating

Sri Lanka’s central bank can make changes to the exchange rate in the future if necessary, but the current level is appropriate amid calls...

Visa, Mastercard suspend operations in Russia over Ukraine invasion

U.S. payments firms Visa Inc (V.N) and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and...

Daraz enters in to partnership with Embark to sell its products

Daraz Sri Lanka and Embark entered into a franchise partnership, giving customers an exclusive platform to shop for Embark products. The signing of the partnership...

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