Rupee ends lower on foreign sell-off on uncertainty

The Sri Lankan rupee ended weaker yesterday amid pressure on the currency due to foreign o....


Germany integrating migrants quickly: business chief

FRANKFURT AM MAIN (AFP) - Many among the more than one million people who arrived in Germa....


Asian markets sink as profit-takers move in, pound resilient

HONG KONG (AFP) - Asian markets fell yesterday, putting the region on course to end a broa....


Supreme Court backs Modi over Rafale jet deal

NEW DELHI (AFP) - India’s Supreme Court dismissed yesterday calls for an investigati....


Argentina’s economic programme yielding results: IMF

WASHINGTON (AFP) - Argentina’s economic programme, including tough budget cuts, is y....


China says to halt additional tariffs on US-made cars from Jan. 1

BEIJING (Reuters) - China will suspend additional tariffs on U.S.-made vehicles and auto p....


China’s ZTE loses major German mobile contract

FRANKFURT AM MAIN (AFP) -  Chinese telecoms giant ZTE lost its biggest contract in Ge....


CICT to enhance Colombo port’s deep water capacity by March 2019

The Colombo International Container Terminals (CICT) has announced a significant equipment....


Hutch welcomes removal of floor rates; expects no price war

Hutch Sri Lanka, Sri Lanka’s third largest mobile operator following its merger with....


OYO expands international presence entering Sri Lanka

(New Delhi) PTI: Hospitality firm OYO has entered Sri Lanka as part of its expansion plan ....


Court rules against Sri Lanka President, impeachment edges closer

(Colombo) AFP: Sri Lanka’s Supreme Court opened the way for potential impeachment pr....


Rupee ends lower on foreign sell-off

(Colombo) REUTERS: The Sri Lankan rupee ended a tad weaker yesterday in dull trade amid pr....


No decision to suspend FTA with Singapore: ministry

The International Trade and Investment Promotion Ministry yesterday stressed that no decis....


Google releases top trending searches in 2018

(San Francisco) AFP: The World Cup topped a list of this year’s hottest Google searc....


Colombo Stock Exchange to launch a dollar board for secondary listing of foreign firms shortly

In an attempt to diversify investment options for foreign investors, the Colombo Stock Exc....


Rupee ends lower as foreign sell-off continues

(Colombo) REUTERS: The Sri Lankan rupee ended weaker yesterday, as foreign investors conti....


Sri Lanka parliament demands sacked PM restored

(Colombo) AFP: Sri Lanka’s legislature voted overwhelmingly yesterday to demand the ....


India appoints Modi ally as new central bank head

(New Delhi) AFP: The Indian government yesterday named an ally of Prime Minister Narendra ....


Low skill trap and skill shortage

In the local and global labour market, those involved in mass production in particular, th....


Sri Lanka 12-month treasury yield edges up to 11.24%

ECONOMYNEXT: Sri Lanka’s 12-month treasury bill yield edged up four basis points to ....


CSE to launch a dollar board for secondary listing of foreign firms shortly

In an attempt to diversify investment options for foreign investors, the Colombo Stock Exc....


Rupee ends lower as foreign sell-off continues

(Colombo) REUTERS: The Sri Lankan rupee ended weaker yesterday, as foreign investors conti....


Sri Lanka parliament demands sacked PM restored

(Colombo) AFP: Sri Lanka’s legislature voted overwhelmingly yesterday to demand the ....


Rupee, stocks slide as political crisis spurs outflows

(Colombo) REUTERS: The Sri Lankan rupee ended weaker yesterday, as foreign investors conti....


India appoints Modi ally as new central bank head

(New Delhi) AFP: The Indian government yesterday named an ally of Prime Minister Narendra ....


Agriculture Ministry holds ‘Harvest 2018’ modern agri exhibition

‘Harvest 2018’, organised by the Agriculture Ministry with the intention of bu....


Foreign reserves see US $ 885mn slump in Nov.

Sri Lanka’s foreign reserves fell by a whopping US $ 884.92 million during the month....


Norwegian support for creating strong institutions

The Norwegian government has entered into a partnership agreement with the United Nations ....


India central bank chief quits amid spat with government

(New Delhi) AFP: The head of India’s central bank announced his resignation yesterda....


Sanken to build a 185-room luxury hotel in Galle with Rs.6bn investment

Sri Lanka’s Sanken group plans to build a 185-room luxury hotel with an investment o....


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