Income of apparel sector investors has dropped by 25 percent due to a decline in orders and an increase in electricity and other expenses, said secretary of the association of FTZ investors Dhammika Fernando.

Sri Lanka’s Central Bank Governor Nandalal Weerasinghe says the government has shared the terms of a $4.2 billion China debt deal with its other creditors, according to Bloomberg News.

Distilleries Company of Sri Lanka PLC (DCSL) announced yesterday (17) it has signed a Sales and Purchase Agreement with HEINEKEN Asia Pacific Ltd. to acquire the latter’s Sri Lankan operations.

It is for the first time that a Rs. 50 billion budgetary allocation has been made for the development of small and medium enterprises, said president of the chamber of SMEs Nawaz Rajabdeen.

The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector.

People’s Bank recently paid tribute to its dedicated staff members who have completed 25 years of service at the ‘25 Years of Service award ceremony’

The Prime Minister's Office of Singapore has awarded Dr. Jayantha Dharmadasa, chairman of Nawaloka Holdings and honorary consular general of the Republic of Singapore in Colombo, with a COVID-19 Resilience Certificate.