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Text and picture by PRIYAN DE SILVA Executive Director of the Centre of Policy Alternatives (CPA) Dr. Paikiasothy Saravanamuttu told journalists and Civil Society Activists at a workshop held in Kandy that China’s unwillingness to accept the proposed debt restructuring might deprive Sri Lanka of the US$ 2.9 billion credit facility, from the IMF. The staff-level agreement is to […]
COLOMBO (News 1st) - Colombo Dockyard PLC, successfully launched a Cable Laying and Repair Vessel (C/S Sophie Germain) to Orange Marine France on 3rd - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
Q2 revenue up by 95% to Rs 24.8 billion Net profit up 145% to Rs 2.3 billion for 6 months A doubling of synthetic fabric volumes, higher selling prices and the impacts of the depreciation of the Rupee have generated strong growth for Teejay Lanka PLC, enabling Sri Lanka’s first multinational textile producer to close...
President Ranil Wickremesinghe emphasized that immediate measures are being taken to create an investment-friendly environment in Sri Lanka and create economic stability. The President said this addressing the gathering at the Mireka Tower Opening Ceremony at Havelock City in Wellawatte Thursday (20), where he was the Chief Guest. The President also said that laws that...
Under the regular Social Responsibility programs organized by the ISF (Sri Lanka) Inc., held a blood donation campaign on 17th September 2022 from 1000 hrs at the Anderson Flats Recreation Centre at Narahenpita in collaboration with the National Blood Bank. Over 100 donors from Member Companies and others actively participated by donating blood during the […]