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Multi-pronged attack against Fall Army Worm

SRI LANKA, Feb. 17 -- Research on controlling the spread of the Fall Army Warm (FAW) on crops has been undertaken by many institutions in collaboration with the Department of Agriculture (DoA), and ac... Read More


Financial illiteracy common among professionals, says expert

SRI LANKA, Feb. 17 -- Low financial literacy levels and poor financial education are the root cause of financial problems, despite increased financial access in Sri Lanka, Group Director of Candor, Di... Read More


SMEs employ 45% of the workforce

SRI LANKA, Feb. 17 -- Micro, small and medium sector enterprises have benefited immensely from the Euro 8 million European Union (EU) funded trade related assistance project to boost competitiveness o... Read More


EDB to showcase Ceylon Spices in international market

SRI LANKA, Feb. 17 -- The National Export Strategy (NES) is progressing in the right direction. It has six focused areas and is expected to provide the impetus for the export drive supporting economic... Read More


DFCC Bank maintains steady growth

SRI LANKA, Feb. 17 -- The DFCC Bank is fulfilling the role of a development bank providing services to a large number of entrepreneurs to help them blossom. The bank has pioneered many initiatives in ... Read More


'Labour market needs not met by workforce trends'

SRI LANKA, Feb. 17 -- Sri Lanka's workforce growth is not keeping pace with population growth, and this will have ramifications on economic growth, which is moving downwards, was the consensus of the ... Read More


LOLC gears for global expansion with Oracle Cloud

SRI LANKA, Feb. 17 -- LOLC, one of Sri Lanka's largest non-banking financial institutions and conglomerates, has signed an Unlimited Licence Agreement with Oracle to access its Oracle Cloud Platform t... Read More


Ceramic and glass industry clamour for level playing field

SRI LANKA, Feb. 17 -- The country's ceramics and glassware industry with an annual turnover of Rs. 50 billion, has the potential to grow with investments and by enhancing value addition, Executive Dir... Read More


IMF team in Colombo to resume talks

SRI LANKA, Feb. 17 -- An International Monetary Fund (IMF) team is currently in Sri Lanka to resume Extended Fund Facility (EFF) program discussions. The team is due to begin discussions tomorrow. In... Read More


Minister tells plantation companies : Manage estates, leave ownership to people

SRI LANKA, Feb. 17 -- Plantations Minister Navin Dissanayake minced no words when he called upon plantation companies to manage their estates well, making it a vibrant industry bringing in foreign exc... Read More