BUSINESS

Sri Lanka is mired in crisis – A world-renowned economist warns

The Sri Lankan rupee has depreciated by 26% against the US dollar since January 1, says the world-renowned economist Steve Hank of the University...

High Commission celebrates Capacity Building Partnership with Sri Lanka

High Commission of India, Colombo celebrated ‘Indian Technical & Economic Cooperation’ (ITEC) Day on 23 March 2022 at Hotel Taj Samudra. The function was...

Mitra Innovation announces dollar-pegged salaries for Lankan employees

Mitra Innovation, which celebrates its 10th year in business this year, yesterday announced that it rolled out a dollar-pegged salary scheme as one of...

Hospitality industry associations oppose changes to Tourism Act

Association of Small and Medium Enterprises in Tourism Sri Lanka (ASMET) and Colombo City Restaurant Collective (CCRC) on Tuesday strongly opposed any necessity to...

US Under Secretary assures fresh support for Sri Lanka

The Under Secretary of State for Political Affairs Victoria Nuland assured fresh support for Sri Lanka when she held discussions with President Gotabaya Rajapaksa...

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