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Middle East crisis hits health sector; pharmaceutical prices set to rise

Sri Lanka, June 15 -- The prices of pharmaceuticals supplied by local manufacturers under buy back agreements with the Health Ministry are slated to increase by 12.5 percent from next month, an offici... Read More


IMF asks Central Bank to be vigilant

Sri Lanka, June 15 -- In the wake of the multi-billion rupee fraud at the National Development Bank (NDB), the International Monetary Fund (IMF) has asked the Central Bank to strengthen the bank super... Read More


'Proposals on table, ball in Sri Lanka's court' - Envoy

Sri Lanka, June 12 -- In reference to the planned move to purchase oil from Russia, Russian Ambassador Levan Dzhagaryan said that his country's proposals are now on the table, but the ball is in Sri L... Read More


Enthusiasm among local, foreign investors galore to take Mattala airport

Sri Lanka, June 10 -- With as many as 47 parties initially responding to the call for Expressions of Interest (EOI) for the development of the Mattala International Airport (MIA), which is a strategic... Read More