By Jayasri Priyalal The policymakers in developed and developing countries are keen to promote resource-distributive policies, anticipating economic growth to take effect automatically. Such dysfunctional growth...
By Eng Parakrama Jayasinghe parajayasinghe@gmail.com Any economy thrives on a reliable and affordable supply of energy. This is a truism that no one has contested ever...
Bulk Carrier MV AFRICAN TURACO has rescued seven Sri Lankan fishers from a trawler that caught fire off the Galle Lighthouse, west of Sri Lanka, last...
Monday 14th August, 2023 Non-performing loans affecting the local banking sector amount to a whopping 1.4 trillion rupees, State Minister of Finance Ranjith Siyambalapitiya is reported...
BY CYRIL WIMALASURENDRE KANDY —The cost of electricity supplied for the annual Kandy Esala Perahera amounting Rs.7.1 million would be paid by the government, Kandy District...
BY CYRIL WIMALASURENDRE KANDY– Diyawadana Nilame of the Sri Dalada Maligawa, Pradeep Nilanga Dela Bandara, warned of a severe scarcity of tamed pachyderms to take part...
Hatton National Bank PLC continued its steady performance in Q2 2023, posting a 1H 2023 PBT of Rs 13.6 Bn, while 1H 2023 PAT stood at...
Nothing has gone right for Jaffna Kings this season in the Lanka Premier League despite their big purse and some of the finest cricketing talents in...
While SLT PLC had 2.4% (Rs.400mn) revenue growth, Mobitel recorded 9.3% (Rs.1,066mn) de-growth during Q2’23 compared to Q2’22. Group revenue, therefore, decreased by 2.8% (Rs.763mn) from...
By Sanath Nanayakkare Veteran banker Russel Fonseka who is the General Manager/ CEO of Bank of Ceylon said last Thursday that it is basically the customer...