BUSINESS

UK works with Paris Club members to help SL on external debt crisis

The UK is working closely with fellow Paris Club members to discuss potential solutions to Sri Lanka’s external debt crisis, the UK Parliament was...

CB reassures the availability of Forex for the   importation of essential food items

The Central Bank of Sri Lanka reassures its commitment to ensuring the availability of foreign exchange through the banking system for importation of essential...

Sri Lanka to restart Sapugaskanda oil refinery using Russian oil

Sri Lanka is gradually easing the fuel crisis with the receiving of emergency oil  supplies from India  and the situation will be further improved...

National insurance Trust Fund bears the brunt of losses caused to politicos  

Sri Lanka's state-owned insurance firm Sri Lanka’s state-owned National Insurance Trust Fund Board’s may incur losses in excess of Rs 1 billion due to the violent...

BoC managed to improve its income amidst economic crisis

Industry giant Bank of Ceylon has managed to improve its income in the first quarter whilst profitability suffered due to heavy provisioning influenced by...

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