BUSINESS

Tourism Minister vows to take stern action on those harassing tourists

Government will be taking stern action against persons who are harassing tourists visiting the island. Tourism Minister Prasanna Ranatunga has written to Inspector General of...

Long delayed resurrection of Embilipitiya gets underway.

In the wake of rising paper prices in the world market and current scarcity of paper due to dollar crisis, the Sri Lankan government...

CB Chief Nivard Cabraal moots new measures to boost forex earnings

Central Bank Governor Ajith Nivard Cabraal has mooted new measures to boost foreign exchange earnings whilst saving scarce reserves and awaiting a positive response...

Private sector borrowings more than doubled

Private sector borrowings last year more than doubled aided by low interest rates and post-COVID return to normalcy. As per latest provisional data released by...

US signs deal with private bank to help MSMEs in Sri Lanka

The United States (US) has signed an agreement with a private bank to assist micro, small and medium enterprises (MSMEs) in Sri Lanka.U.S. Ambassador...

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