The Finance Ministry has reportedly exempted fabric softener products from taxes in order to placate a multinational company.

The United States Agency for International Development (USAID) Sri Lanka Energy Program and Sling Mobility (Pvt.) Ltd. signed a grant agreement on April 18 to develop and operate two battery swapping stations for electric two-wheelers.

Asiri Hospital Holdings announces that its fully-owned subsidiary Asiri Port City Hospital (Pvt.) Ltd has entered into an agreement to lease with the Colombo Port City Economic Commission for the development and operation of a hospital within the Port City.

More than half of the State Pharmaceuticals Corporation outlets incurred combined losses of Rs. 53 million in 2021, said a report by the auditor general.

The John Keells Group signed an agreement contributing Rs. 100 million toward the Suwa Seriya Foundation for use in the operations of the Suwa Seriya Ambulance Service.

People’s Leasing Company, a provider of financial solutions in the non-banking financial institutions sector in Sri Lanka, has been awarded the European Society Quality Research (ESQR) Best Practices 2022 award.

Sri Lanka’s export earnings and import expenditure were tallied at USD 1 billion each in February 2023, said the Central Bank.

More than 300,000 small and medium scale businesses dependent on the banking system have either been closed already or are facing closure, according to the economic stabilization subcommittee.