BUSINESS

‘Ella Odyssey’ special train now runs to heavenly hilly tourist hot spot

BUSINESS CN -
Sri Lanka Railways recently commenced a special train service for local and foreign tourists from Kandy to Ella. The train departs Kandy at 7 a.m....

Colombo Port City targets India as its largest market   

BUSINESS CN -
The Indian subcontinent is the largest target market for the $ 1.12 billion Port City Colombo, which will build on ongoing political alignment between...

Sri Lanka’s government is stoking inflation and indignation

BUSINESS CN -
When Gotabaya Rajapaksa became president of Sri Lanka in 2019, he inherited an economy in bad shape. Terrorist attacks and political crises had hit the...

Sri Lanka’s tea industry down with lowest yield in 13 years

BUSINESS CN -
Sri Lanka’s tea crop suffered its lowest yield in 13 years, official data showed Friday, reducing output in its main export commodity as the...

Central Bank cancels new incentive scheme for migrant workers

BUSINESS CN -
The Central Bank of Sri Lanka (CBSL) says the government has decided not to implement the proposed scheme for additional incentives for remittances by...
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