Exclusive

Publication

Byline

Zydus Lifesciences and Sunshine Healthcare announce JV to strengthen pharma manufacturing in Sri Lanka

Sri Lanka, June 30 -- Zydus Lifesciences, a global lifesciences company and Sunshine Healthcare today announced the setting up of a strategic joint venture company - Zydus Sunshine Lifesciences Pvt Lt... Read More


Borrowers see little relief as lending rates remain elevated

Sri Lanka, June 30 -- The prime lending rate eased marginally in the week ended June 26, marking the first decline since the Central Bank's surprise interest rate hike last month. However, the borro... Read More


LKR remains 8% weaker against dollar

Sri Lanka, June 30 -- Sri Lanka's rupee depreciation against the US dollar remained unchanged at 8 percent in the week ended June 26. The rupee came under pressure in the recent months amid the risin... Read More


When the Story Gets Away From You

Sri Lanka, June 30 -- In reputation management, optimism is often overrated. The organisations that navigate crises best are rarely the ones that assume everything will go right. They are the ones tha... Read More


Cruel irony in the former Granary of the East

Sri Lanka, June 30 -- The rice/paddy issue has again come to the fore with those TV channels connected to the Opposition unceasingly telecasting demonstrations by famers in various areas in the countr... Read More


Geopolitical significance of Bangladeshi PM's visit to China

Sri Lanka, June 30 -- Bangladeshi Prime Minister Tarique Rahman's five-day visit to China last week was of considerable strategic significance not only for the two countries, but also for India. The ... Read More


A call to extend retirement age of public servants

Sri Lanka, June 30 -- It is reported that the Government is considering extending the retirement age of judges of the Court of Appeal and the Supreme Court by two years to continue benefiting from the... Read More


Why fighting financial fraud has become a national economic priority

Sri Lanka, June 30 -- Financial frauds and scams are no longer isolated challenges; they are a systemic threat to public trust on financial system, economic resilience and national development. Finan... Read More


Mr. Kottu restaurant chain owner released on bail

Sri Lanka, June 30 -- The owner of a popular kottu restaurant chain in Sri Lanka, who was arrested over the alleged assault of an employee, was today (30) released on bail by the Nugegoda Magistrate's... Read More


Private sector labour shortage forces industries to recruit foreign workers: Minister

Sri Lanka, June 30 -- Minister of Industries and Entrepreneurship Development Sunil Handunnetti has said that the private sector currently has more than 400,000 job vacancies, forcing local industries... Read More