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Fertiliser ban to trigger a scarcity of food? (VIDEO)
The ban of chemical fertiliser and pesticide imports last April has reportedly triggered a scarcity of food in the country following six months of...
Queues for kerosene grow longer as demand for gas drops
People have begun to queue themselves at shops to purchase kerosene, following many reports of gas explosions leading to a demand-drop.
There are many queues...
CB adds merry to season with extra incentives for workers’ remittances
Cash strapped Sri Lanka is making untiring efforts to boost its foreign reserves trying anything and everything in and outside the book to boost...
Iran, Sri Lanka agree on oil-for-tea deal to pay $250m Iranian oil bill
Iran has agreed to import tea from Sri Lanka to settle the debts of the East Asian country for purchased Iranian oil, official sources...
Bank of Ceylon’s international rating drops further
Fitch Rating, a world-renowned international rating agency, has downgraded Bank of Ceylon, one of Sri Lanka's leading state-owned banks. Bank of Ceylon was been...