Iranian Economic and Finance Minister Ali Tayebnia (2nd L) speaks during talks with Japanese Foreign Minister Fumio Kishida (R), following a signing ceremony of an investment agreement in front of Japanese and Iranian business persons at the Foreign Ministry in Tokyo yesterday. Tayebnia is on a five-day visit to Japan. AFP
??By Chandeepa Wettasinghe One of th e younges t conglomerates in Sri Lanka, Laugfs Holdings PLC, broke ground on one of South Asia’s largest pharmaceuticals manufacturing plants in Koggala recently, making a grand entrance to the country’s health sector.
Confident that the Yahapalanaya has paved the way to bring nothing but fortune to the nation, a top Cabinet Minister said Sri Lanka aimed to attract foreign direct investments (FDIs) of US $ 5 billion within the next three years.
?SriLankan Airlines, the first Asian airline to operate the four-engine Airbus A340 aircraft, bid goodbye to the last of its A340s after more than two decades in service, with a final commercial flight yesterday.
Sri Lanka and Pakistan signed a number of memoranda of understanding valued over US$ 700 million yesterday during the launch of the Pakistan Single Country Exhibition, coinciding with the state visit of Pakistan Prime Minister Nawaz Sharif.
?The country has no need to raise emergency funds, though the government may decide to make a formal request to the International Monetary Fund (IMF) for “some sort of arrangement” between Sri Lanka and the multilateral lender, Central Bank Governor Arjuna Mahendran said.
In a bizarre turn of events, the newly appointed Director General of the Telecommunications Regulatory Commission (TRC), Sunil S. Sirisena has decided to discontinue the National Broadband Initiative (NBI), which ensured high speed broadband internet access to citizens at affordable prices, Mirror Business learns.
Canada issues travel advisory over serious risk in Arugam Bay
More countries issue travel advisories
Sri Lanka Tourism invites global travellers for upcoming season
Russian embassy urges citizens to stay vigilant in Arugam Bay
US Embassy issues travel warning for Arugam Bay
Sri Lanka may face another economic turmoil: Sajith