US$ 15 million dollar loan from United States Government
STF Corporate Advisory has successfully managed to source and secure US$ 15 Million dollar loan from Washington based United States International Development Finance Corporation...
STATEMENT FROM THE COLOMBO TEA TRADERS’ ASSOCIATION (CTTA)
The Colombo Tea Traders’ Association (CTTA), which comprises all tea industry stakeholders, namely the growers, manufacturers, Plantation company estates, brokers, and exporters, views with...
Ceylon Chamber meets Party Leaders to discuss economic and political crises
The Ceylon Chamber of Commerce officials met with the leaders of several key political parties during the last 4 days to discuss the serious...
Hemas Hospitals extends free mobile lab services to facilitate diagnostics for patients amid crisis
In a concerted effort to mitigate the impact of the country’s challenging environment on patients, leading private hospital chain Hemas Hospitals continues to offer...
In the spirit of giving, Korean Embassy shares Korean Meal Boxes to commemorate Vesak
As 15th of May 2022 was the Vesak festival, in order to foster Korea-Sri Lanka relations, the Korean Embassy together with the Korean Residents...
Sri Lanka bank credit jump Rs. 1.2trn in March in soft-peg collapse
Sri Lanka’s bank credit surged in March 2022 after a collapse of a soft-peg and the value dollar books of banks from inflated in...
Sri Lanka private credit, imports showing signs of slowing, states CB Governor
Sri Lanka’s private credit has started to slow after interest rates went up and there were indication that imports are also slowing, Central Bank...
Military security boost for BOI zones
The military has beefed up security at Sri Lanka’s Free Trade Zones (FTZs) where export manufacturing facilities are located to ensure the safety and...
Sri Lanka’s exports grow in February 2022
The momentum of Sri Lanka’s export earnings continued with over US$ 1 billion for the ninth consecutive month in February 2022.
Meanwhile, import expenditure also...
Weather Update
As the Southwest monsoon season begins to take effect in Sri Lanka, the country has experienced increasingly adverse weather conditions. The Dept. of Meteorology has...