Business

Fiscal consolidation, vital as much as growth-PM

As much as achieving growth, fiscal consolidation had to also get top priority; Prime Minister Ranil Wickremesinghe told the Fireside…

6 years ago

Govt. moves forward with digitalisation of economy

The government will begin the implementation of key programmes and formulating the required legislative reforms within the next three months…

6 years ago

Eighth EU-SL investor dialogue consolidates economic relations, resolves important matters

The eighth EU-Sri Lanka investor dialogue was held at the Development Strategies and International Trade Ministry recently. Many of the…

6 years ago

Trade deficit expands over US $ 10bn in 2018

Sri Lanka’s trade deficit expanded over US $ 10 billion in the year 2018 despite a significant decline in the…

6 years ago

Michelin delegation holds talks with BOI

A delegation from Michelin, the French tire manufacturing giant met with the Board of Investment (BOI) Chairman Hemasiri Fernando and…

6 years ago

Govt. secures Rs.48bn JICA credit line for Malabe-Fort LRT

Loan provided at 0.1% p.a. for civil works and 0.01% p.a. for engineering services cost To be repaid in 40…

6 years ago

Budget 2019 lacks focus, says economist

Perhaps levelling the sharpest criticism so far against the Budget 2019 presented last week, a top economist and a commentator…

6 years ago

Norway sovereign wealth fund, world’s biggest to dump oil and gas

OSLO (AFP) - Norway’s sovereign wealth fund, the world’s biggest and which is fuelled by petrodollars, will dump stakes in…

6 years ago

Jayaraja Chandrasekera, new NSB Chairman

Jayaraja Chandrasekera, a Senior Banking Professional with over 40 years experience in the industry assumed duties as Chairman of National…

6 years ago

TEA says Budget 2019 “below expectation” of tea exporters

The Tea Exporters Association (TEA) yesterday said the proposals in Budget 2019 were “somewhat below the expectations of tea exporters”.…

6 years ago