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Sri Lankan pharmaceutical industry to reduce 30% pharma imports by 2030

Sri Lanka, April 22 -- The Sri Lankan pharmaceutical industry will be able to reduce around 30% of total pharma imports by 2030 opined senior members of the Sri Lanka Chamber of the Pharmaceutical Ind... Read More


Airfares from Sri Lanka reduce after 4 years

Sri Lanka, April 22 -- For the first time after more than four year airfares out from Sri Lanka have notably reduced. The Chennai fare that was more than Rs. 80,000 has come down to around Rs. 48,000,... Read More


ISB negotiations will not derail third IMF tranche- Dr. Coomaraswamy

Sri Lanka, April 18 -- The awarding of the third tranche of the IMF to Sri Lanka should not have any negative impact due to Sri Lanka re-negotiating with International bond holders (ISB) again, said f... Read More


SL and its debt advisors to resume talks with ISB holders soon

Sri Lanka, April 16 -- Government, along with financial advisers Lazard and legal adviser Clifford Chance, will resume talks with international sovereign bond (ISB) holders in London once the ongoing ... Read More


WB hails tremendous progress in SL

Sri Lanka, April 3 -- The World Bank said that Sri Lanka's economy is making tremendous progress and the country from a negative growth rate a few months ago will stamp a positive 2.2% growth in the e... Read More


More women participation a must to boost tourism

Sri Lanka, March 29 -- Sri Lanka should urgently focus on increasing female participation in the tourism field or the country will lose its competitive edge to attract global high end travelers, said ... Read More


Economy grows by 4.5%, year-on-year, in 4Q

Sri Lanka, March 27 -- "The banks are taking a very long time in this regard and this is not acceptable." He also said that banks have been told to start 'business recovery units' to assist enterprise... Read More


Special committee to review CBSL salary hike

Sri Lanka, March 27 -- The Ministry of Finance next week will appoint a special committee to review the recently proposed salary hike for the Central Bank Employees. Due to pressure from various secti... Read More


CIC Seeds launches 5 new hybrid vegetable seeds

Sri Lanka, March 26 -- For the first time a private seed corporate company in Sri Lanka, CIC Seeds (Pvt) Ltd, after intensive research with an American company has developed and launched 5 new varieti... Read More


"Preference towards importing 'electric vehicles' after lifting ban"

Sri Lanka, March 22 -- Sri Lanka will give preference towards importing more 'electric vehicles'as and when the import ban of motor vehicles is removed, said Minister of Power and Energy, Kanchanan Wi... Read More