CB relaxes mandatory conversion requirement on service export proceeds
With the view of encouraging service exporters to repatriate their export proceeds into the country, the Central Bank of Sri Lanka has withdrawn the...
India’s Adani Green Energy given provisional approval for two wind projects
Sri Lanka’s Minister of Power and Energy says that India’s Adani Green Energy has been issued provisional approvals for two wind energy projects in...
PMB allocates Rs.2,000 mn to purchase paddy this season
Agriculture Minister Mahinda Amaraweera presented a Cabinet paper to the Cabinet yesterday (16) to provide a higher price for paddy to the paddy farmers....
More weekend luxury trains to destinations planned
Mass Media, Transport and Highways Minister Dr. Bandula Gunawardana said weekend luxury special trains for local and foreign visitors visiting tourist hot spots including...
First converted electric Trishaw launched
The launching event of the electric three-wheelers converted by David Peris Motor Company was held this morning, and the MoU was signed with USAID...
Bank of Ceylon Profit Before Tax: Rs. 8 billion for 2Q-2022
The Bank had to face many headwinds during the period under review due to never experienced turmoil in the economy. However, the Bank was...
Colombo Lotus Tower reveals next phase of it’s business plan
The Colombo Lotus Tower has revealed the next phase of its business plan via advertisements for investment opportunities.
Businesses who are interested to invest in...
Government’s decision on fuel price revision
The government has decided not to make any revisions to the fuel prices as per the pricing formula.
Earlier, the Minister of Power and Energy...
Interim Budget 2022 to be presented on August 30
The Interim Budget for the next four months of this year (2022) is to be presented in Parliament on August 30 by the President...
Hela Apparel Holdings Marks an Impressive Start to FY 2022/23
Records Rs. 354 MN PAT in its first quarter
Hela Apparel Holdings PLC recorded an impressive start to the financial year, with revenue growing by...
