BUSINESS

US grants $27 million to strengthen Sri Lanka’s dairy industry

The US Department of Agriculture has given its consent to allocate financial assistance for the implementation of market-oriented milk production project in Sri Lanka. The...

SL import expenditure declined for the second consecutive month in April

Sri Lanka’s expenditure on imports has declined, year-on-year, for the second consecutive month in April as curb measures by the Central Bank kicked in whilst higher exports helped cut the trade deficit

IMF still to reveal the magnitude of the financing for Sri Lanka  

While the government is looking to firm up the negotiations with the International Monetary Fund (IMF), so that it can reach out to the...

Indian PCC takes up the implications of Sri Lanka economic crisis   

Indian humanitarian aid  and project investments for Sri lanka in the present economic crisis are expected to be taken for discussions at the upcoming...

SL banking sector records profits amidst economic crisis

Sri Lanka’s banking sector continues to expand at a moderate speed remaining resilient with adequate capital and liquidity buffers amidst negative growth in off-balance...

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