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Russia resumes flights to six countries including Sri Lanka

Russia has officially resumed flights to Sri Lanka and several other countries, namely, Germany, Tajikistan, Uzbekistan, Venezuela and Syria on April 1, according to...

Qatar raises minimum wage for migrant workers

A statement issued by the International Labour Organization Project Office for the State of Qatar notifies that the minimum wage for all migrant workers...

Sri Lankan Rupee has further depreciated against the US Dollar

The Sri Lankan Rupee has further depreciated against the US Dollar with the selling rate of the dollar exceeding the 202-mark for the first...

Petition against tax concessions given to Chinese companies over Hambantota port

Consideration of the petition seeking annulment of tax concessions granted during the lease of the Hambantota Port to two Chinese companies during the previous...

No need of unnecessary panic over coconut oil – Minister Ramesh Pathirana

The Minister of Plantations said that the government will take steps to strictly enforce the law against the importation of coconut oil containing toxic...

Arcade Independence Square was leased after following due tender procedures – State Minister Nalaka Godahewa

The Arcade Independence Square was leased out to Softlogic Holdings for a period of 10 years after following due tender procedures, State Minister Nalaka...

Soybean Oil to be introduced as an alternative for expensive Coconut Oil

Trade Minister Bandula Gunawardana stated that soybean oil will be introduced as an alternative for expensive coconut oil and in the future, the distribution...

CBSL enters into a Bilateral Currency Swap Agreement with the People’s Bank of China

The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) entered into a bilateral currency swap agreement with a view...

CSE in association with SEC recently engaged the family business community in Sri Lanka

The Colombo Stock Exchange (CSE) in association with the Securities and Exchange Commission of Sri Lanka (SEC) recently engaged the family business community in...

Adani Green Energy Limited (AGEL) raises $1.35B for renewable projects

Adani Green Energy Limited (AGEL) has raised a $1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a...

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