USAID-supported Plastic Recycling Center Opens in Kaduwela
The Kaduwela Municipal Council opened the first of four Plastic Recycling Centers at 567/3, Yashodara Mawatha, Dedigamuwa as a pilot to improve standards in plastic waste collection and apply environment,…
Ceylon Chamber Raises Concerns on the Quality of pharmaceutical procured for Public Healthcare Sector
The Ceylon Chamber of Commerce in a media statement expressed concerns on the recent developments in the healthcare sector, particularly regarding the quality of pharmaceutical products procured for the public…
Only 31,000 pay income tax out Out of the 500,000
Although there are 500,000 personal income tax files in this country, only 31,000 of them are paying tax, Mahindananda Aluthgamage, Chair of the Sectoral Oversight Committee on National Economic and…
23 UDA projects halted with state funds running dry and due to inter-institutional conflicts
Sectoral Oversight Committee on Environment, Natural Resources & Sustainable Development disclosed that 23 projects initiated by the Urban Development Authority (UDA) by spending government funds have come to a halt…
World Bank set to approve $700 mln for Sri Lanka next week -sources
(Reuters) – The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters,…
Over 50 Sri Lankan Companies Experience Business Benefits by Promoting Diversity and Inclusion in the Workplace
Two partnerships by the International Finance Corporation (IFC) has led to over 50 private sector companies in Sri Lanka advancing gender equality as well as working towards the economic inclusion…
Sri Lanka’s jewelry manufacturers urge the government to lift the ban on gold imports
The representatives of the gem and jewellery industry recently highlighted that due to the ban on the import of gold, the business community involved in the jewellery manufacturing industry, targeting…
Analysts see a 50% probability for CBSL to maintain the policy rates at its current levels
First Capital Research (FCR) predicts a 50% probability for the Central Bank of Sri Lanka (CBSL) to maintain the policy rates at its current levels at this week’s monetary policy…
Sri Lankan rupee appreciates by nearly 20% aginst USD
As of last As per the Central Bank data, the buying rate of a US dollar was Rs.295.62 while the selling rate was Rs.305.82 according to the Central Bank. In addition,…
Sri Lanka aims to conclude debt restructuring talks before November
Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or November at the latest, its president said on Thursday, adding that the negotiations had made…