BUSINESS

Aitken Spence to promote local key industries with German investments 

 Sri Lanka’s diversified blue-chip conglomerate Aitken Spence PLC headed by billionaire business tycoon Harry Jayawardena has made a major initiative inpromoting the country’s key industries with German investments.    Aitken...

Sri Lanka’s Foreign Ministry alleged  for involving in fuel tender bending 

Sri Lanka’s Foreign Ministry is now interefearing into the fuel procurement process making recommendations to eliminate prospective bidders in favor of a few selected...

 SL’s next generation agriculture begins with introducing 5 kg sachet packets of urea 

Inorganic fertiliser will be available for purchase for Sri Lanka’s farmers from the upcoming yala season allowing local companies to resume imports, Agriculture Minister...

 Consolidation of Non-Bank Financial Institutions expedited

 Sri Lanka’s Masterplan for Consolidation of Non-Bank Financial Institutions is now being implemented expeditiously, Central Bank announced to day (Monday 31)    Under this   Masterplan nine finance...

CB’s dollar revenue proposal to allow vehicle imports puts into to back burner   

The Central Bank’s proposal to allow vehicle imports for persons who can pay in foreign exchange to import vehicles and pay taxes in hard...

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