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  • Floriculture industry hit due to bar on chemical imports
    The Central Bank should be more flexible in its policies to keep the export industries afloat, says Dilip de Silva, CEO of Serendib Horticulture Technologies.Noting that the present economic crisis...
  • Public to receive digital identity cards soon
    Sri Lanka is on the verge of issuing digital identity cards with the most sophisticated security features available in the world, Secretary to the Ministry of Technology and Chairman of the Director...
  • PUCSL should ensure equality among stakeholders - Dr. Siyambalapitiya
    All stakeholders in the electricity industry should be equal and it is the duty of the Public Utilities Commission (PUCSL) to make sure that equality is well practiced, energy expert Dr. Tilak...
  • Sancharaka Udawa 10th edition to be held on May 20-21
    Nishad Wijetunga, Chairman, Sancharaka Udawa 2022, S. Hettiarachchi , Secretary, Ministry of Tourism Airport and Aviation Services , Padma Siriwardana, Managing Director, Sri Lanka Tourism Promotion...
  • GDP records 3.7% growth in 2021
    The Gross Domestic Product for Sri Lanka in 2021 at a constant price has increased up to Rs. 9,8111,397 million from Rs. 9,532,909 million which was recorded in 2020. However, in 2020, the real GDP...
  • BIA to handle 15 mn passengers with second terminal
    The Bandaranaike International Airport (BIA), which has the capacity to accommodate 6 million passengers per annum, would be fully equipped to handle 15 million passengers with the opening of the...
  • Solar-energy-power-plant
    ‘Country needs to add 5,000 MW of RE to achieve 2030 target’
     Sri Lanka will have to add 5,000 MW of renewable energy(RE) during the 2022- 2030 period to achieve the Government’s intended target of generating 70 % of its installed electricity capacity...
  • “Use FTAs to expand exports”
    Sri Lanka needs to utilize free trade agreements (FTAs) as an instrument to expand exports rather than looking at it as something to import, says Talal Rafi- International Consultant.“Vietnam has 15...
  • State Minister of Production, Supply and Regulation of pharmaceuticals Prof. Channa Jayasumana with officials. Picture by Hirantha Gunathilake
    Country to focus more in domestic pharma investment
    State Minister of Production, Supply and Regulation of pharmaceuticals Prof. Channa Jayasumana assured that efforts would be made to increase domestic investment in Sri Lanka’s pharmaceutical...
  • CBSL Deputy Governor K M M Siriwardana
    CBSL to develop green finance taxonomy
    The Central Bank of Sri Lanka (CBSL) is now in the process of developing a green finance taxonomy that will provide the framework for investment analysis for the banking sector when funding green...
  • CIS crisis could impact Lankan exports
    Russia’s invasion of Ukraine could have impacts on Sri Lankan exports, mainly tea exports.“10.2 percent of total tea exports are directed to this region.Apart from that we do see some imports from...
  • CBSL recommends 8 policy measures
    The Monetary Board of the Central Bank of Sri Lanka (CBSL) has increased the Standing Deposit Facility Rate and the Standing Lending Facility Rate of the Central Bank by 100 basis points each, to 6....
  • CIS crisis could impact Lankan exports
    Russia’s invasion of Ukraine could have impacts on the Sri Lankan exports, mainly tea exports.“10.2 per cent of total tea exports are directed to this region. Apart from that, we do see some imports...
  • Essential medicine shortage looms - SLCPI
    Dinesh Athapaththu, Treasurer, Azam Jaward, Vice President, SLCPI M. Prathaban, Senior Vice President, SLCPI ,Sanjiva Wijesekera, President, SLCPI, Kasturi Chellaraja Wilson, Immediate Past President...
  • SLIC set to grow with multi-product, multi-channel, bringing sense of protection to millions of Sri Lankans
    Despite the heavy toll of COVID-19 health crisis on Sri Lanka’s economy, state-owned insurer and the pioneer of the insurance industry, Sri Lanka Insurance Corporation (SLIC) is finding opportunities...