National inflation decelerates to 0.4% in December

Wednesday, 23 January 2019 10:39
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Sri Lanka’s countrywide headline inflation, measured by the year-on-year change in the Nationa


Hayleys Fabric 3Q net up on strong sales

Wednesday, 23 January 2019 00:41
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 Hayleys Fabric PLC, the knit fabric maker of Hayleys group, reported solid performance for the


Keells Food Products December profits down on higher costs

Wednesday, 23 January 2019 00:40
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Keells Food Products PLC (KFP), the processed food maker of John Keells group, reported lower profit


sl urged to strive for 2nd demographic dividend driven by ‘Silver Economy’

Wednesday, 23 January 2019 00:36
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Sri Lanka needs to focus on improving productivity, health and saving capacity of its current workfo


JLanka to invest US $10m in Bahrain’s renewable energy sector

Wednesday, 23 January 2019 00:10
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TRADE ARABIA: Sri Lanka-based JLanka International, a premier solar and renewable energy technology


Rupee slips on importer, bank dollar demand; stocks down

Tuesday, 22 January 2019 00:00
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525

(Colombo) REUTERS: Sri Lanka’s rupee closed slightly weaker yesterday, snapping two straight s


South Asia tops ranks of world’s highest real interest rates

Tuesday, 22 January 2019 00:00
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Bloomberg: Real interest rates in South Asia are among the highest in the world, raising the prospec


MTD Walkers transfers subsidiaries to Malaysian parent in US $ 19mn deal to settle debt

Tuesday, 22 January 2019 00:00
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The troubled construction firm, MTD Walkers PLC, has transferred three of its subsidiaries to its Ma


Global FDI skids 19% on Trump tax reform, may rebound in 2019: UN

Tuesday, 22 January 2019 00:00
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(Geneva) REUTERS: Global foreign direct investment (FDI) fell 19 percent last year to an estimated U


After downgrading Sri Lanka, Fitch says frontier market ratings mostly stable

Tuesday, 22 January 2019 00:00
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318

Fitch-rated frontier markets saw more positive than negative sovereign rating actions in 2018, partl


Tax reversal helps Tea Smallholders’ 3Q

Monday, 21 January 2019 11:26
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337

Tea Smallholder Factories PLC has returned to the black during the December quarter (3Q19), as the c


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Rupee falls on importer dollar demand; stocks post 8-week closing low

Wednesday, 23 January 2019 10:32

(Colombo) REUTERS: Sri Lanka’s rupee closed weaker yesterday due to dollar demand from importers, while stocks fell to an eight-week closing low amid concerns over debt repayment by the government. The rupee closed at 18

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Illicit cigarette market and tax implications

Wednesday, 23 January 2019 09:00

A recent study by the academics of the University of Kelaniya and Open University of Sri Lanka estimates that Sri Lanka lost Rs.18 billion in tax money due to contraband cigarettes in 2018. The law enforcement authorities have seized over 580 million illegal cigarettes smuggled into the country during the same year. However, given the Rs.18 billion number and the ample availability in the market, it can be safely assumed that the majority of the illegal cigarettes smuggled into the country went

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Wednesday, 23 January 2019 09:00

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DFCC staff showcases choral talent at Christmas carol programme

Wednesday, 23 January 2019 11:21
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In keeping with its commitment to infuse the festive spirit amongst its staff every Christmas, DFCC


Celebrating entrepreneurship: Hatch launches with a master class in start-up culture

Wednesday, 23 January 2019 11:03
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Sri Lanka’s promising young start-up ecosystem is set to accelerate into a new phase of growth


Corporate Health Productivity Awards joins hands with ayubo.life

Tuesday, 22 January 2019 16:48
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Sri Lanka Corporate Health & Productivity Awards 2019, initiated by the Chamber of Young Lankan


Browns supports market development in Jaffna with platinum sponsorship of JITF 2019

Tuesday, 22 January 2019 16:43
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In a clear indication of the vast potential of the northern market, Brown & Company PLC (Browns)


‘STAX Digital Customer Experience Audit’ helps you better understand your digital maturity

Tuesday, 22 January 2019 16:38
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In today’s fast changing market landscape, customer intimacy is critical for every company&rsq


Le Grand by Asia Leisure hosts Sir Donald McCullin for Fairway Galle Literature Festival Literary Salon

Tuesday, 22 January 2019 11:04
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The Le Grand Hotel in Galle was selected as the venue of choice to host legendary photographer Sir D


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Managing Sri Lanka-China economic relations: BRI, debt and diplomacy

Wednesday, 23 January 2019 10:28
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China holds approximately 9 percent of Sri Lanka’s total outstanding debt as of 2017 and 14 pe


Bracing for climate change – A matter of survival for the Maldives

Tuesday, 22 January 2019 00:00
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For low-lying island states, the impacts of global warming and climate change can be a matter of sur


Patterns to politics: Entering 2019

Tuesday, 22 January 2019 00:00
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In the new year, Sri Lanka remains at a crossroads. As before, the island nation requires carefully


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