Business

Business

IMF forecasts stable growth in Sri Lanka

The International Monetary Fund has predicted “broadly stable” growth for Sri Lanka in the next two years with improvement in GDP pinned at a...

SL handicraft see higher demand in Dubai

Dubai-based Fakih Collection, a specialist handicraft retailer wants to increase its volume and range of items from Sri Lanka following strong demand. Sri Lankan handicraft,...

Mihin Lanka increases flight services to Madurai

With handsome passenger flow, Mihin Lanka - the domestic airliner of Sri Lanka, will increase its services between Madurai and Colombo from thrice in...
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ITN BIZ NEWS 2017-02-26 Sunday

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ITN BIZ NEWS 2015-09-20: Sunday

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An Investment Zone is planned in Suriyawewa

Suriyawewa Investment promotion zone, Hambantota is expected to attract over US$ 400 million worth of investment projects in the years ahead. The investment zone...

Sri Lanka launches the ‘Common ATM switch’

Sri Lanka launches the first ever Common Automated Teller Machine Switch. It links over 900 ATM’s of state run BOC and People’s Bank. The move,...

Colombo Port to add 7.5 mn TEUs

Existing port facilities will be developed to increase the productivity of port activities and to attract additional volumes. Construction work on the first berth...

Next year’s budget will have the lowest deficit – Finance Secretary

Finance Secretary Dr. P.B. Jayasundera has expressed optimism that the next budget will have the least deficit in independence Sri Lanka. It is also...

India’s Maruti yet to decide on setting up a plant in Sri Lanka

India’s largest car maker Maruti Suzuki is expected to take a final decision on setting up an assembly plant in Sri Lanka, before end...