BUSINESS

BOI to attract FDIs, re-investments from  German firms

Sri Lanka will be making every effort to attract Foreign Direct Investment(FDI) and re-investments from Germany at a time where the island nation is...

35 MW Broadland power plant adds to national grid soon 

Sri Lanka needs to add an estimated 11,000 MW to its power grid within the next two decades to meet growing demand. Adding hydro...

SJB begins work on economic blueprint to save nation

The Samagi Jana Balawegaya (SJB) will be commencing discussions with all stakeholders next week to formulate and present a comprehensive economic plan to overcome...

Government’s ill-planned licence scheme to restrict imports hit importers

Cash strapped Government’s ill-planned import ban introducing a licence scheme for importers to protect Sri Lankan foreign reserves is negatively impacting the economy, commodity...

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...

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