Sri Lanka’s debt spree persists

Sri Lanka’s debt spree persists despite being declared unsustainable judging by latest data released by the Central Bank. Outstanding domestic debt crossed the Rs. 13 trillion mark in July and since the end of last year it has swelled by Rs. 2 trillion. Foreign debt amounted to Rs. 11.6 trillion,…

Lander, Avonsmart Engineering sign agreement with Sri Lanka Railways to introduce locomotive simulators

Lander, headquartered in Spain, designs, manufactures, installs and maintains railway and automotive driving simulators in five continents for over two decades. With a workforce of more than 110 employees, Lander is one of the leading companies in developing the most advanced driving simulators and it develops new solutions that solve…