Business
Bangladesh garment factories reopen, defying virus lockdown
(Dhaka) AFP: Hundreds of Bangladesh’s garment factories defied a nationwide coronavirus lockdown to reopen on Sunday, raising fears the industry’s
Read moreDialog Axiata pledges Rs.200mn for ICU development
From left: Dr. Sunil De Alwis – Additional Secretary (Medical Services) Ministry of Health and Indigenous Medical Services, Bhadrani Jayawardena
Read moreConstruction in further quandary with govt. delaying release of due payments
Govt. owes construction sector excess of Rs.50bn for completed public sector projects CCI warns further delaying of payments puts sector
Read more“We need to make every investment count now more than ever,” says UNDP Economist
Says financial plan for recovery needs should be on comprehensive macro-stabilization framework post crisis Points out current crisis an opportunity
Read moreWB forecasts 19% decline in remittances to Sri Lanka this year
Driven by economic slowdown due to COVID-19 and steep decline in oil prices Global remittances projected to decline 20%–highest decline
Read moreSL Tourism post-COVID-19 revival to be executed in two stages
Stage One to focus on December 2020 season SLTDA chief says COVID-19 has given opportunity to re-profile SL tourism Plans underway
Read moreOil prices tumble on demand collapse, Brent at 1999 lows
(Tokyo) REUTERS: Oil prices slumped again yesterday, with Brent falling to the lowest since 1999, as the market struggled with
Read moreU.S. oil futures plumb historic lows below zero, Brent plunges
LONDON (Reuters) – U.S. oil futures continued to trade in negative territory yesterday, after closing down nearly US$ 40 on
Read moreEaster Sunday attacks cost Rs.150bn to economy erasing 1% of GDP
The Easter Sunday attacks and the tremors felt across the economy in its aftermath cost the Sri Lankan economy a
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