BUSINESS

PMB predicts high maha season yields better than projected

BUSINESS CN -
The Paddy Marketing Board (PMB) said there is a better harvest from the Maha season despite the fertiliser crisis and the forecast. “The 2021/22 Maha...

Three Ministerial committees to secure essential imports

BUSINESS CN -
In the wake of rising expenditure of essential imports and the ever increasing cost of living due to shortage of essential commodities, the government...

If elevators could talk: Baurs bid farewell to its 80-year-old Swiss elevator

BUSINESS CN -
14th February 2022 We often do not think about the significance of an elevator at our workplace except that it provides us with ease and...

Covid relief scheme triggers liquidity issues in Samurdhi Banks

BUSINESS CN -
Sri Lanka’s Samurdhi Banking System, the rural bank network of the poorest of the poor, is nearly collapsing following the withdrawal of Rs.50 billion...

Government allows imports except for gold and vehicles

BUSINESS CN -
With no foreign cash coming in as the tourism and foreign remittances crippled in economic setbacks, the government is now allowing many imports to...
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