Tag: SL Government

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BOI Loopholes Exploited – Foreign Nationals Blatantly Flout Laws

With the country currently being hit by a severe foreign currency crunch, it appears that even companies registered with the Board of Investments of...

No risk of the Sapugaskanda Oil Refinery being closed as Singapore has agreed to supply crude oil on a loan basis – CPC Chairman

Sumith Wijesinghe, Chairman of the Ceylon Petroleum Corporation (CPC) says that there is no risk of the Sapugaskanda Oil Refinery being closed as Singapore...

It is difficult for us to control the prices of goods. Everybody should plant something in your gardens – Bandula (VIDEO)

The Minister of Trade Bandula Gunawardena has requested the public to cultivate anything in their backyards as it is difficult to control the prices...

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...

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AKD and His Team Have Conveniently Forgotten how Ranil brought Sri Lanka back from Bankruptcy 

By Adolf Former President Ranil Wickremesinghe and his wife, Prof....

NPP Investment Promise Faces Test As FDI Remains Far Below Potential

Sri Lanka’s economic recovery has not yet translated into...

ADB’s $100 Million Skills Loan Tests Sri Lanka’s Training Transformation

Sri Lanka’s effort to rebuild its workforce around the...

Police Probe Raises Questions over Intelligence Handling

The National Police Commission’s decision to cancel the proposed...

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