BUSINESS

Licenced Banks to offer higher interest rates on three transactions

The Central Bank has directed licensed banks to offer Higher interest rates for account holders  on three transactions announced recently will come into force...

SL receives independent software testing services from Exactpro 

The Board of Investment (BOI) recently approved Exactpro Systems Ltd. to set up the first-ever independent software testing services for global capital markets.An agreement...

1000MW renewable energy adds to national grid this year with USAID 

 The Energy Ministry will take immediate steps to install at least 1000 MW of renewable energy capacity adding it to the national grid this...

US destroyer involved in 2017 deadly accident arrives in Sri Lanka

USS Fitzgerald (DDG-62), an Arleigh Burke-class destroyer in the US Navy, which in 2017 was involved in a deadly accident killing 7 sailors, arrived...

Sri Lanka to fast track  Free Trade Agreement (FTA) with China soon 

Sri Lanka is set to fast track a Free Trade Agreement (FTA) with China; following trade talks between the two countries hit a snag in...

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