Financial

UAE firms to build refinery in Sri Lanka Prasanna Hettiarachchi reporting,Sri Lankan government has given the approval to two UAE petroleum firms to build the island's second refinery with an investment of 1.2 billion dollars.Minister Anura Priyadarshana Yapa told reporters that ...

Chamber of Construction Industry Sri Lanka in association with Bioforce Development Institute of France has been conducting construction craftsmen training through its training centres in Balapitiya, Matara and Kalutara while in collaboration with Southern Development Authority at Thamaduwa in the ...

The World Bank has granted an additional sum of 4.4 Billion Rupees for enhancement of regenerative sources of power in Sri Lanka, taking in to consideration of the existing power generation projects. The funds are to be utilized for the ...

Legal framework to ensure financial stability in the country is to be further strengthened. Governor of the Central Bank of Sri Lanka Ajith Nivard Cabral says suitable amendments will be introduced to the existing legislation pertaining to banks soon. New laws ...

 Eight locations in the sea off Mannar which were earmarked for oil exploration have been handed over to various research companies, said A.H.M. Fowzy, Minister of Petroleum and Petroleum Resources Development, in Qatar, on the day before yesterday.  Companies of ...