Business

Treasury flooded with loan requests worth Rs. 18 bn

The Treasury has received requests worth Rs. 17.29 billion, asking for letters to be issued to construction sector contractors and…

4 years ago

ETI Paid Bribes Amounting to Rs 113.8M

Edirisinghe Trust Investment (ETI) Finance Ltd had paid bribes amounting to Rs. 113.8 million to high ranking officials at regulatory…

4 years ago

LNP – Apparel sector yet to see any light at end of tunnel

No recovery in orders; PPE orders drying upScenario likely to continue till December Apparel exports up to May down 39% to…

4 years ago

Development of local canned fish industry could save country US$ 70 mn annually

The Canned Fish Manufacturers Association of Sri Lanka (CFMASL), thanked the government for assisting local producers and industries during the…

5 years ago

LNP – June vehicle registrations reach pre-pandemic levels as pent-up demand leads to heavy buying

Fears of stock-outs and concerns over use public transport key reasonsTotal of 32, 123 vehicles registered, almost double the May…

5 years ago

People’s Bank and IDB join hands to uplift MSMEs

Industrial Development Board (IDB) Chairman Upasena Dissanayake (left) and People’s Bank Chairman Sujeewa Rajapakse (right) exchange agreements while Minister of…

5 years ago

LNP – Sri Lanka Tourism lobbies for inclusion in travel corridors

Working with Foreign Ministry, especially UK, to develop travel with no quarantine Focus on developing all-encompassing COVID-19 protocol with Health MinistrySLT…

5 years ago

LNP – DCSL says recent clearing of imported ethanol shipments licenced and approved late last year

The Distilleries Company of Sri Lanka (DCSL) yesterday said its recently cleared imported shipments of ethanol were legitimate, hence allegations…

5 years ago

LNP – Dialog Awarded Sri Lanka’s Most Valuable Brand by Brand Finance for Second Consecutive Year

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable…

5 years ago

LNP – Deliver justice to ETI and The Finance depositors according to legal recommendations – President instructs Central Bank

President Gotabaya Rajapaksa has directed the officials of the Central Bank to deliver justice to the depositors of the ETI…

5 years ago