Sri Lanka’s utility regulator filled an FR petition on violations of electricity consumers’ rights
Issuing a brief statement today, Sri Lanka’s utility regulator, the Public Utilities Commission of Sri Lanka (PUCSL), Chairman, Janaka Ratnayake announced the filing of a petition with the supreme court.…
Sri Lanka’s Exterminators become the first-ever pest control firm to be listed on a stock exchange in South Asia & developing world
Exterminators Limited created history yesterday, becoming the first-ever pest control firm to be listed on a stock exchange in South Asia & the developing and emerging world, the company announced.…
Plenty of fish but no catch as Sri Lanka economic crisis bites
(AFP) – The sky and seas off Sri Lanka’s coast are crystal blue but a worsening economic crisis has kept fishermen moored at Negombo harbour, out of gas and unable to…
Sri Lanka’s Central Bank to Cut nearly one-third of its holdings in government securities
Entering into a reverse course in money-printing, the Central Bank of Sri Lanka (CBSL) plans to cut nearly one-third of its holdings (Rs.500 billion) in government securities amidst rising inflation…
Power cuts and fuel shortages drive ASPI to a five and half-month low
Colombo Bourse dropped down for the second day while recording the highest intraday loss in four and half weeks amidst the uncertainties attached to the aggravated power cuts and fuel…
Labour Minister Reminds Private Sector on their Social Responsibility towards employees
The Minister of Labour, Nimal Siripala de Silva urged the private sector to prioritize their social responsibility towards their employees in order to achieve shared prosperity. “ For businesses to…
UN report reveals barriers that restrict Sri Lankan workplaces from recruiting women
In Sri Lanka, women are denied equal access to the jobs market not just because of family or social factors, but also by employers. This is the focus of a…
ForEX IMpossible Seminar by SLMBC Offers Economic Insights on Forex Crisis
Offering deep insights into the realities of the current Foreign Exchange crisis as well as informed projections on future trends, was the focus of a seminar organized recently by the…
From Crisis to Inclusive Economic Growth in Sri Lanka
By Faris Hadad-Zervos. World Bank and Hans Timmer Sri Lanka has managed the health and safety aspects of the COVID-19 pandemic in a commendable way. The nation has been and…
Watawala Plantations to acquire cattle fodder growing firm Moragoda Agro Services for Rs.88.5 million
Watawala Plantations PLC has entered into a share sale and purchase agreement on 21st Marchwith Aruna Moragoda, who owns a 100% stake in Moragoda Agro Services (Pvt) Ltd for Rs.88.5…