BUSINESS

Sri Lanka seeks EU assistance in tackling the  economic crisis

Sri Lanka has sought the assistance of the European Union in the economic recovery process. As part of the ongoing engagement with 94 concurrently accredited...

CBSL to print another 63bn?

The Central Bank was able to accept only 31bn from yesterday's (23.06.2022) treasury bill auction at the previous week's rates. Therefore, they were short...

Sri Lanka’s poultry production about to crash due to high feed costs

The Sri Lankan poultry industry is on the verge of collapse due to 30 percent drop in production this year as high feed costs hit farms.

Sri Lanka liquor demand down by 30 percent but revenue up

Sri Lankans demand for liquor has decreased by about 30percent due to the recent increase in the price of liquor and the decrease in the income of the people of the country,. the Committee on Public Finance (COPF) revealed.

SL to convene a donor conference with 3 main lending countries – PM

Sri Lanka will convene a donor conference with the participation of representatives of China, India and Japan to mobilise more foreign assistance and present an interim budget in August prime minister Ranil Wickremasinghe divulged on Wednesday, amid ongoing negotiations with the International Monetary Fund (IMF).

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