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The spread of mobile phones is creating a new class of entrepreneurs and economic activity by providing an alternative to poor quality government …
The spread of mobile phones is creating a new class of entrepreneurs and economic activity by providing an alternative to poor quality government …
A consortium of local banks sealed a deal with SriLankan Airlines for a full dollar loan of US$ 22.5 million this week. A consortium of local banks sealed a …
Small enterprises are struggling to expand business and inject new investment to rural economies because credit is too expensive and not easily accessible. …
Securitisation deals are expected to multiply after amendments to the Leasing Act cleared legal hurdles. Securitisation deals are expected to multiply after …
The Supreme Court scuppering of a landmark deal to share aid among Sri Lanka's warring parties was seen by diplomats and analysts as a major setback to the …
Peace broker Norway denied a report it was planning to send envoys to Sri Lanka after a Supreme Court ruling effectively scuttled a deal to share billions of …
The government this week agreed to acquire fifteen new diesel engines and 100 coaches to help improve the Railway Authority’s commuter service. buy vilitra …
The District Court on Friday vacated an interim injunction against the ICTA, but the agency is still bounded by an injunction by the Appeals Court. buy …
Sri Lanka's Supreme Court Friday blocked a controversial deal with Tiger rebels to share billions of dollars in tsunami aid as a fragile truce came under …
Sri Lanka's Supreme Court blocking the joint mechanism on tsunami relief distribution could slow foreign aid inflows and hurt the reconstruction effort, …
Sri Lanka's Supreme Court Friday effectively blocked a controversial government deal with Tamil Tiger rebels to share billions of dollars in foreign aid for …
A bomb exploded at a tsunami relief centre in volatile northeast Sri Lanka, wounding nine civilians while 12 soldiers were wounded in separate grenade attacks, …
Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE. buy …
Sri Lanka's president has appealed for calm in the restive northeast where bomb attacks have left four dead and more than a dozen wounded since the weekend, …
Sri Lankan troops shot dead a suspected Tamil rebel Thursday, officials said, heightening tensions hours after the president appealed for calm amid fears of a …
SriLankan Catering, a subsidiary of SriLankan Airlines on Thursday inked a deal to borrow US$ 22.5 million from a consortium of local banks to build a new …
SriLankan Airlines will jack up ticket prices by US$ 20 to key destinations from July 15, as soaring fuel prices threaten to set its balance sheet on fire. …
The United States will spend US$ 20,000 to restore historical sites in Galle and Matara, including the Dutch Fort that took a beating from last December’s …
Germany has extended two loans worth 20 million euros each to Sri Lanka to be utilized for long-term investments by private sector companies, the Finance …
A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, injuring at least nine civilians and a soldier, …