BUSINESS

USD soared up to Rs. 260 – 265!

USD soared up to Rs. 260 - 265!

Sri Lanka expands the tea market in Iran and neighbouring countries

Sri Lankan exporters explored the possibility of expanding its tea market in Iran and neighbouring countries following the Russian invasion of Ukraine that has...

Medicinal drug supplies to Pharmacies suspended in dollar crisis

Sri Lanka is facing medicinal drug shortages due to unfavourable internal price controls and a worsening forex crisis making it difficult for pharmacies countrywide...

New Fortress continues with LNG power project in Sri Lanka

New York-based gas-to-power developer New Fortress Energy says it will continue with the plans for the Sri Lanka LNG project after the country’s court...

CB to settle liquidity crisis with swaps and ACU payment postponement

The Central Bank is still looking at the crisis as a liquidity short term one and it is getting a swap here and there,...

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