BUSINESS

Sri Lanka’s construction sector collapsed due to building material shortage 

Sri Lanka’s construction sector has collapsed as a result of  the sky rocketing of prices s of building materials, including cement and steel, in recent...

BOI Export Processing Zones exclude from power cuts 

The Energy Ministry has issued a directive to the Ceylon Electricity Board to provide power supply to 14 Export Processing Zones in the country...

SL Tourism earnings top US $ 500mn in first two months

Sri Lanka’s pandemic-hit tourism industry is confident of a strong resurgence and a 500 million US dollar revenue for the financial year ending in March...

SL Finance Minister Leaves for India to sign US$ 1 billion agreement   

Finance Minister Basil Rajapksa left the Island for India for a two day official tour  on Tuesday 15 following his meeting with IMF Asia...

Saudi Arabia to assist Sri Lanka to develop technology and renewable energy

Saudi Arabia and Sri Lanka have agreed to strengthen bilateral relations with a focus on economic cooperation, following the inaugural visit of the Kingdom’s...

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