Economic

To assist Sri Lanka’s Small and Medium Scale Enterprices (SMEs) stay buoyant as the economy flounder, the government is poised to introduce new relief package from next week, with the approval of the Monetary Board.

අමෙරිකාව සහ ඉරානය අතර මතුව ඇති අර්බුද හේතුවෙන් කොළඹ කොටස් වෙළද පොලේ ගණුදෙනුද අද (09) සීග්‍ර ලෙස පහත වැටුණා. දිනයේ ගණුදෙනු අවසානයේ සියළු කොටස් මිල දර්ශක ඒකක 127.25කින් පහත වැටී තිබුණා.

මේ ආණ්ඩු කාලය තුළ බැඳුම්කර වංචාවේ වගකිව යුත්තන් නීතිය හමුවට ගෙන ඒම සඳහා ක‍්‍රියාමාර්ග ගනු ඇතැයි අග‍්‍රාමාත්‍ය ජ්‍යෙෂ්ඨ ආර්ථික උපදේශක හා හිටපු මහ බැංකු අධිපති අජිත් නිවාඞ් කබ්රාල් මහතා පවසයි.

Sri Lanka’s Index of Industrial Production (IIP) in November 2019 has increased by 1.3 per cent compared to November 2018, Central Bank announced.

The Central Bank is now strengthening the resolution framework and safety net mechanism for financial institutions.

Central Bank yesterday declared the economy is at a crossroads and could leapfrog despite challenges if reforms and right policies are pursued.

Practitioners in the wellness tourism industry have endorsed the formation of the Sri Lanka Wellness Tourism Association (SLWTA), seen as a long felt need by those actively involved in the industry.

Marking its 70th anniversary, the Central Bank is planning to issue a commemorative coin of Rs. 20 and a new currency note of Rs. 2,000 under the existing 11th note series in 2020.

The poultry industry yesterday expressed concern over the Government’s decision to halt the import of corn as it may hinder their plans to increase the export of chicken to the Chinese and Middle Eastern markets.

The Motor Traffic Department’s (MTD) e Revenue licence (eRL) project introduced 11 years ago is still to achieve the expected results, official data revealed.

මාලදිවයින වෙත මෙහෙයුම් සිදුකරන විශාලතම ගුවන් සේවය වන ශ්‍රි ලංකන් ගුවන් සේවය, මාලදිවයිනේ MATATO සංචාරක සම්මාන උළෙලේදී ‘2019 ප්‍රමුඛතම ජාත්‍යන්තර ගුවන් සේවය’ ලෙස පසුගියදා සම්මානයට පාත්‍ර විය. ලොව පිළිගත් ගුවන් සමාගම් බොහොමයකට වඩා සංචාරක ජනතාවගෙන් වැඩිම ඡන්ද ප්‍රණයක් ලබා ගනිමින් ශ්‍රී ලංකන් ගුවන් සේවය මෙම සම්මානයට හිමිකම් කියන ලදී.

ඉන්ධන මිළ සූත්‍රය ඉදිරියටත් යොදා ගැනීමට රජය කටයුතු කරන බවට තොරතුරු වාර්තා කරයි.

The Colombo Stock Exchange ended trading on a positive sentiment of investos today (January 9) recording its highst turnover since 2008 with John Keells Holding‘s major share transaction, officials said.

The globally popular CNN Business Traveller will focus on Sri Lanka this month, sharing insights on how the country is bouncing back and what lessons can be learnt from recent setbacks.

The government will review the new Excise Act which has been drafted by amalgamating the archaic 100 year-old Excise Ordinance and Tobacco Act during the last days of the previous regime.

Cash strapped government will be maintaining strict financial in all state agencies during the first four months of 2020 as the public expenditure should be made in accordance with the Vote on Account, Finance Ministry announced.

With business circles abuzz with news of the biggest corporate Sri Lankan deal worth Rs. 110 billion, it is being said that LOLC Group Deputy Chairman Ishara Nanayakkara is the richest man in Sri Lanka, a tag he told the Daily FT prefers to shun.

Sri Lanka Aviation Services Ministry will conduct an investigation into the Sri Lankan Airline’s action to take over A330-200 aircraft on lease which is "not suitable" for the airline's current business model.