Opinion: Repay foreign debt or finance essential imports
By Chair of our Academic Programme and former Economic Adviser at the World Bank, Dr. Sarath Rajapatirana, and our Senior Research Fellow, and former Director …
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Opinion: Diversification vital for the long-term stability of the RPCs
Should optimise assets, not limit themselves to being solely agriculture businesses By Bhathiya Bulumulla Over the past three decades, the Regional Plantation …
Eco Spindles aims to increase plastic recycling by 10-pct
Eco Spindles, Sri Lanka’s largest plastics recycler equipped with one of only two plants in the world capable of creating polyester yarn directly from …
VIDEO INTERVIEW: What will the year 2022 look like for Sri Lanka? W A Wijewardena
"Sri Lanka will have a very gloomy future in 2022. If the government is interested in avoiding it, it has to immediately change the present economic policy.buy …
Ecological floating islands to purify Beira Lake
President Gotabaya Rajapaksa today (21) released a thousand ecological floating islands to Beira Lake initiating the purifying process of the lake. Beira Lake …
John Keells Foundation’s “Break the Silence” public campaign targets domestic violence
John Keells Foundation conducted a two-week public campaign against gender-based violence under its Project WAVE (Working Against Violence through Education). …
ADB partners with JKH to boost food value chains and farm livelihoods in SL
The Asian Development Bank (ADB) entered into an agreement to invest up to $80 million (in Sri Lanka rupee equivalent) in John Keells Holdings PLC …
Sri Lanka’s path to recovery: Restoring human capital in post-pandemic world
Highlights COVID-19 has had a devastating impact on human capital worldwide and has reversed valuable gains made over the past decade.Recovery efforts require …
President Rajapaksa stresses importance to curb deforestation and use of fossil fuels
President Gotabaya Rajapaksa undertook an official visit to the United Arab Emirates from 3 to 5 December 2021 to attend the 5th Indian Ocean Conference …
Mahinda Samarasinghe assumes duties as Ambassador- designate of Sri Lanka to USA
Ambassador - designate of Sri Lanka to the United States of America Mahinda Samarasinghe assumed duties at the Embassy of Sri Lanka in Washington …
BOI enterprises export revenues, record 2019 values: Double digit growth recorded in seven sectors
Accounting for 65% of all national exports and 85% of all national industrial exports, the Board of Investment today announced that total export earnings …
VIDEO INTERVIEW: Decision Makers in Sri Lanka – Dr. Sanjiva Weerawarana, Founder & CEO, WSO2
"The real value in the IT industry is not providing services to other countries but creating products that other countries buy and there are many barriers as …
UN ASG Khiari welcomes cooperation between UN and SL on peace and development
United Nations Assistant Secretary-General (ASG) for the Middle East, Asia and the Pacific Khaled Khiari has concluded his visit to Sri Lanka following a …
National consensus on structural reforms needed to get out of economic crisis: Advocata
Sri Lanka is already in one of the worst economic crises in its history.The reforms are so difficult that no party will want to even contemplate let alone …
Sri Lanka’s budget proposals weigh on insurers’ near-term earnings:Fitch
The Sri Lankan government’s proposal to introduce new one-off as well as recurring taxes on companies will likely constrain the near-term profitability of …
Sarvodaya Development Finance IPO oversubscribed on opening day
Sarvodaya Development Finance’s (SDF) Rs. 1 billion Initial Public Offering (IPO) was oversubscribed on the initial opening day, the company secretary said …
Alliance Finance raises Rs1Bn in subordinate debt to strengthen tier II capital
Alliance Finance Co PLC (AFC) has successfully raised LKR 1 billion in Tier II capital, with the aim of strengthening the regulatory capital of the Company to …
Cattle slaughter ban: It’s not intentions but consequences that matter
By Sathya Karunarathne and Pravena Yogendra The cabinet of Ministers approved the Bill to amend laws to ban cattle slaughter in the third week of October. …
ADB to take 8.5-pct stake in JKH via USD80Mn investment
John Keells Holdings PLC (JKH) yesterday announced the Asian Development Bank (ADB) will be taking up a 8.5 percent stake via a private placement with an …
Teejay Lanka achieves 81-pct emission reduction from sludge disposal
Invests Rs 90 million in Sri Lanka’s largest steam-powered paddle dryer Reduces GHG emissions by 2,326 tCO2e in one year Sri Lanka’s largest textile …