Automobile Component Manufacturers surpass 5,000 employment appointments in Western Province

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The brand-new component manufacturers have surpassed the granting of 5,000 new employment appointments in the Western Province over the past few months. This was...

Sri Lanka expects nearly USD 2,650m over next 3 months

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By Easwaran RutnamSri Lanka is expecting nearly USD 2,650m over next 3 months, State Minister of Money and Capital Market and State Enterprise Reforms...

Moody’s places Sri Lanka’s ratings under review for downgrade

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Moody's Investors Service ("Moody's") has today placed the Government of Sri Lanka's Caa1 foreign currency long-term issuer and senior unsecured debt ratings under review...

IMF says no request for financial support from Sri Lanka

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The International Monetary Fund (IMF) says it has not received a request for financial support from Sri Lanka.IMF mission chief for Sri Lanka, Masahiro...

US awards USD 75M to help SMEs in Sri Lanka

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The United States is providing a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic.The...

Sri Lanka looks to export fisheries and aquatic products to China

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Sri Lanka is looking to export fisheries and aquatic products to China, the Sri Lankan Embassy in China said.The Embassy said that the Health...

Cabinet approves proposal to sign trade deal with Bangladesh

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Cabinet has approved a proposal to sign a preferential trade agreement with Bangladesh.Both Sri Lanka and Bangladesh act as stakeholder member countries of the...

Red tape to be removed to ensure ease of business

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President Gotabaya Rajapaksa today said that unnecessary red tape will be removed to ensure ease of doing business in Sri Lanka.The President said that...

Sri Lanka Tourism to promote opportunities during Sri Lanka Investment Forum

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Sri Lanka Tourism will be one of the key sectors highlighted at the upcoming Sri Lanka Investment Forum (SLIF) 2021, the first and largest...

Bangladesh Bank approves $200-million currency swap deal with Sri Lanka

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The Bangladesh Bank board has approved, in principle, a draft $200-million currency swap deal with Sri Lanka, which is struggling to maintain a moderate...