BUSINESS

Sri Lanka gets Beechcraft King Air 360ER Aircraft from US firm

US Company Textron Aviation has been awarded an $11 million contract for its new Beechcraft King Air 360ER aircraft. Built in Wichita, Kansas, the...

Banks face asset-quality pressure after the end of Covid relief   

 Sri Lankan banks are likely to face continued asset-quality pressure in 2022 as rising macroeconomic stresses stemming from the sovereign credit profile pose a...

Sri Lanka vehicles go off the roads in spare parts shortage   

The Ceylon Motor Traders Association (CMTA) raised concerns on the unofficial restrictions made by banks to cripple the country’s vehicle fleet maintenance, which would...

Laksala franchise outlet to be opened in China soon  

Sri Lanka handicrafts and handloom textiles and ready made garments are to be popularised in China under the government's special programme of local traditional...

Non-debt inflows the key factor to being economically stable: CBSL Chief

Non-debt inflows the key factor to being economically stable: CBSL Chief

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