BUSINESS

Govt disburses Rs. 13.36 billion among families affected by the crisis

In a desperate gesture at a time where the public protests are mounting against the Government, the present administration is set to provide Rs....

Apparel exports slightly decline in March but grew by 11% in 1Q

“Despite the challenges domestically, the Sri lankan apparel industry continues to persevere in a robust manner and aims at continuing this momentum through the...

Foreign donors hold back project finance to Sri Lanka

Foreign financing for ongoing mega projects is being held back in the current socio –political instability in the country, further straining Sri Lanka’s economy,...

Batticaloa fabric park aims  to save US$ 500 million annually

 Sri Lanka has taken the first step in manufacturing textiles to meet the needs of local apparel industry by launching the first phase of the Batticaloa...

Sri Lanka’s IMF Gamble hangs on debt restructuring 

The International Monetary Fund (IMF) has requested Sri Lanka to implement a strict fiscal and monetary policy protecting the livelihoods of the most vulnerable...

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