Capital expenditure for ministries slashed 15%
The Ministry of Finance has reportedly advised all ministries to reduce the capital expenditure announced by the budget by 15%…
Category: BUSINESS
Sri Lanka vehicle registrations down in May 2019
ng. Total motor car registrations recorded 1,816 units in May down from 2,120 units in April and significantly down from…
Fin Min tells Parliament that Q1 2019 growth will rebound to 3.5-pct
Sri Lanka’s economic growth has increased to 3.5 percent of gross domestic product in the first quarter of 2019, Finance…
Advocata commends Government’s decision to shut down SaluSala
Advocata Institute commends President Maithripala Sirisena’s directive to shut down the loss-making, state-owned handloom enterprise Salu Sala. While we commend…
Sri Lanka earns Rs. 35 billion from Cinnamon exports last year
Sri Lanka earned Rs.35 billion in foreign exchange by exporting 17,500 metric tons of Cinnamon last year, according to a…
National program of establishing 5000 Export Zone Villages to begin today
The national program of establishing 5000 “Export Program Villages” will be launched today from Dehiattakandiya, Chandanagama village in Ampara district…
Telegram boss links cyber attack during HK protests to China
Telegram’s founder Pavel Durov has said a massive cyber attack on his messaging service originated from China. On Wednesday, the…
Vodafone suffers faults across Europe
Vodafone says it is working to tackle “disruption” to its mobile and fixed-line broadband services. It has experienced a fault…
eChannelling introduces Artificial Intelligence based Chabot
eChannelling, the largest Doctor Channeling Network in Sri Lanka, has launched a Chatbot for the first time in Sri Lanka’s…
British Council enhances IELTS delivery in Kandy offering maximum flexibility and convenience
The British Council has taken further steps to enhance IELTS delivery sessions to its candidates taking the exams in Kandy,…