BUSINESS

Construction industry raises concerns on cement shortage urging CB support

Despite the recent price hike of cement, the cement shortage in the local market is expected to continue for at least another two months,...

Batticaloa Airport upgrades to a fully- fledged domestic airport soon

Batticaloa International Airport is to be redeveloped as a fully fledged domestic airport following its previous attempt of upgrading it in 2018-2019 period with...

Ratmalana Airport serves regional and international flights from Jan. 29

The Ratmalana International Airport is to service global and regional flights from 29 January, revealed State Minister of Aviation and Export Zones Development D.V....

CB Governor says Sri Lanka honoured debt servicing without blemish

The Central Bank (CB) has heralded its settling of a maturing $500 million sovereign debt on Tuesday making use of its scarcely  available foreign...

Government trims diplomatic mission expenses for cost-cutting

Cash trapped and debt-ridden government   is now pruning funds allocated to foreign missions overseas in the wake of dwindling foreign reserves with limited forex...

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