Development and Economic News

The Government has taken fiscal consolidation measures under the revenue mobilisation strategies to ensure that adequate financing is available for the investments in public services and social programmes.

Monday, 24 June 2024 15:28

NDB Bank collaborates with IFC

In a significant move towards empowering women and promoting financial inclusion in Sri Lanka, NDB Bank has partnered with the International Finance Corporation (IFC) to conduct a series of training programmes for female entrepreneurs

While achieving a significant growth and revenue milestones by providing a premium airport experience for passengers travelling through the Bandaranaike International Airport (BIA),

Saturday, 22 June 2024 10:14

Economic indicator Highlights of the Week

* During the period under review (15.06.2024 to 20.06.2024), crude oil prices held around US dollars 85 per barrel exhibiting an increasing trend mainly owing to stronger demand outlook and supply concerns stemming from escalating conflicts in Europe and the Middle East.

An experiment is underway at the Veterinary Medicine and Animal Science Faculty to explore the possibility of producing nutritious dairy products, including cheese, as well as medicine for skin diseases, from the milk of domesticated donkeys.

President Wickremesinghe says establishment will help facilitate funding to improve competitiveness of industries

KPMG in India, a global network of professional firms providing Audit, Tax and Advisory services.has made all arrangements to host its 31st All India Partners Meet in Colombo, from 20-22, June.

President Ranil Wickremesinghe today announced forthcoming negotiations with creditor countries and also revealed plans to boost Sri Lanka’s industrial sector.

Sri Lanka railways is to embark on a transformational journey of modernisation, upgrading stations and enhancing services with public private partnerships amidst current financial constraints, Transport Minister Bandula Gunawardana said.

SriLankan Airlines recently entertained the first-ever group of veteran journalists from top Nepali media outlets for a familiarization tour of Sri Lanka, aiming to boost inbound tourism from Nepal.

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