Total non-performing loans of all banks reach Rs 1.4 trillion
While revealing that the total value of non-performing loans of all 30 banks functioning in Sri Lanka currently is Rs 1.4 trillion, the State Minister of Finance Ranjith Siyambalapitiya assured that steps would safeguard the economy.
Housing project for migrant workers gets underway
The National Housing Development Authority (NHDA) has launched a project, together with the Sri Lanka Bureau of Foreign Employment (SLBE), to construct houses for Sri Lankan nationals working abroad.
Government sets up economic commission to centralize relevant powers.
The Government has established an economic commission tasked with centralizing relevant powers.
Maui fires: 'We're self-reliant people - but where's the help?'
For those still living inside Hawaii's disaster zone on the western side of the island of Maui, there's one vital lifeline to the outside world: volunteer effort.
Maui fire: 93 killed as governor warns of 'significant' death toll rise
Ninety-three people have been confirmed killed in the Maui fire that razed the historic town of Lahaina, marking the most deadly US fire in a century.
Nuwara Eliya Racecourse now under the hammer
Plans are underway to sell 82 acre Nuwara Eliya Racecourse to a leading sports club as its present management is not in a position to spend a colossal sum of money for upkeep work.
Government to allow public transport vehicle imports
Sri Lanka is set to relax import restrictions on vehicles used for public transport
Deterioration of Nations Social Security and Protection
The policymakers both in developed and developing countries are keen in promoting resource distributive policies, anticipating growth in the economies take effect automatically.
Local egg to be sold at a price of Rs35
The Sri Lanka Association of Animal Production says local eggs can be sold at Rs. 35 if the government permits the importation of maize.
SL skilled workers receive forest jobs from Russia with love
The Embassy of Sri Lanka in Moscow says it has initiated direct employment opportunities for Sri Lankan skilled migrant workers in the Russian Federation for the first time in the history.
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National Tourism Policy gets Sri Lanka cabinet approval
In a significant development, the Sri Lanka Tourism Development Authority (SLTDA) announced that the much-anticipated National Tourism Policy has received approval from the Cabinet of Ministers.
BMICH corruption accused CEO retires before receiving the charge sheet
Sri Lanka’s world renowned Chinese guilt Bandaranaike Memorial International Conference Hall (BMICH) Board has faced gets a black mark for forgery and corruption charges against some of its top officials.
Iran barter agreement drives Colombo Tea Auction better teas
Following improved activity from the shippers to Iran following the ‘Tea for Oil’ agreement, this week’s Colombo Tea Auction saw increased demand for the better teas in the High and Mid Grown sector and Low Grown Small Leaf/Tippy teas.
MTFE SL Group officials face travel ban for involving in pyramid scam
MTFE SL Group pyramid scam has taken a new twist following a foreign travel ban imposed on five top officials of the, on the orders of Colombo Chief Magistrate’s Court yesterday (Aug. 11).