BUSINESS

Sri Lanka seeks US $3 bln under IMF Extended Fund Facility

  Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billion via the lender's extended fund facility (EFF),...

Trincomalee Port  to be developed as an industrial hub 

The Government plans to convert Trincomalee Port to a mega industrial port city that will house ship repairs and shipbuilding, a petroleum refinery, fertilizer...

Private sector gets the sole responsibility of fertiliser imports  

The Private sector is to be given the sole responsibility of importing fertiliser for farmers for the next maha season cultivation starting in September...

New administration urged  to introduce regulations for three-wheelers.

The new administration has been urged to intervene with the regulation of passenger transportation services for three-wheelers.  A request has been made to introduce a...

Malaysia  to set up a training centre for SL youth to provide  jobs 

The Malaysian Foreign Employment Ministry and Sri Lanka Labour Ministry have signed a Memorandum of Understanding (MoU) with Malaysia on the speedy establishment of...

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