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BUSINESS

IMF completes forth review

International Monetary Fund (IMF) Executive Board completes forth review under the Extended Fund Facility with Sri Lanka, approving US $ 252 million disbursement, IMF sources said.

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Amari Galle Sri Lanka – where dreams come true!

Amari Galle doesn’t just let you imagine your dream wedding but makes it a reality. Offering couples extraordinary wedding package to help them achieve the wedding of their dreams. Whether it’s a romantic union, religious ceremony or a vibrant wedding celebration, Amari Galle will play the perfect host. With sweeping …

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National inflation drop

Sri Lanka’s nationwide inflation in April 2018 determined under the National Consumer Price Index (NCPI) declined to 1.6 percent from 2.8 percent recorded in March 2018 on an year-on-year basis, the Department of Census and Statistics reported Monday. Inflation of 1.6 percent reported for April 2018 is the lowest inflation …

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Daya outlines plans to improve primary industries

Social Welfare and Primary Industries Minister Daya Gamage has outlined extensive plans to improve primary industries to boost exports and employment. The occasion was when the Ministry yesterday kicked off at Waters Edge in Battaramulla a Rs. 16 billion project titled the Agriculture Sector Modernization Project with a Rs. 9 …

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Fuel subsidy is only for kerosene – Finance Ministry

Ministry of Finance said the fuel subsidy is only for kerosene given for low income families and fishermen and there will be no subsidy for petrol or diesel. Accordingly, 47,555 families receiving Samurdhi assistance and 24,282 owners of one-day fishing boats with fixed engines will receive kerosene subsidies. Accordingly, a …

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