SL dollar bonds drop more than 2 cents as political crisis deepens

(London) REUTERS: Sri Lanka’s dollar-denominated bonds tumbled yesterday after Presi...


JKH announces Rs.11.1bn share buyback

Premier blue chip John Keells Holdings PLC (PLC) yesterday announced plans to execute a sh...


Improved logistics performance boosts Expolanka 2Q

Expolanka Holdings PLC returned to profits during the three months ended September 30, 201...


Rupee hits record low of 175.90 on political uncertainty

(Colombo) REUTERS: The Sri Lankan rupee fell to a record low yesterday, as political uncer...


Cigarette sales drop in 3Q after two quarters of volume growth

The sales dropped at Sri Lanka’s monopoly cigarette player, Ceylon Tobacco PLC (CTC)...


Sunshine 2Q overshadowed by poor tea biz, price controls and higher finance costs

Sunshine Holdings PLC’s performance for the September quarter was hurt by the poor a...


Legal challenge as Sri Lankan political turmoil deepens

(Colombo) AFP: Sri Lanka’s largest party announced Saturday a legal challenge to Pre...


Softlogic to open first modern supermarket in Delkanda

Diversified conglomerate Softlogic Holdings PLC said it will soon be opening its first mod...


Asian markets sink at end of healthy week, dollar up

HONG KONG (AFP) - Asian markets turned lower yesterday as investors took their foot off th...


SL may re-renegotiate Singapore free trade deal after study

Sri Lanka may re-negotiate a free trade with Singapore for mutual benefit, after looking a...


S. Korea’s Moon sacks Finance Minister, Policy Chief

SEOUL (AFP) - South Korean President Moon Jae-in sacked his top two economic officials yes...


UK economy picks up but slowdown looms before Brexit

LONDON (AFP) - Britain’s economy has grown at the fastest pace in nearly two years a...


Tech leaders call for greater social media regulation

LISBON (AFP) - Social networks need better regulation to stop them spreading “fake n...


EU demands end to Sri Lanka crisis

COLOMBO (AFP) - The European Union joined a chorus of international voices demanding an en...


US sanctions Russians over Crimea business dealings

WASHINGTON (AFP) - The United States this week announced sanctions against three people an...


France grounds Ryanair plane to force subsidy repayment

PARIS (AFP) - The French civil aviation authority said yesterday it had seized a Ryanair p...


India to sell ‘enemy shares’ of people who fled to Pakistan

NEW DELHI (AFP) - India’s government is to sell more than US$400 million worth of sh...


Finance Ministry revives Tax Appeals Commission   

The Tax Appeals Commission (TAC), which had been inactive for some time, has been revived,...


CB to announce monetary policy on November 14

The Central Bank yesterday said the seventh monetary policy for this year will be announce...


SLID expresses grave concern on current political turmoil

Sri Lanka Institute of Directors (SLID) in a brief statement yesterday expressed their gra...


Rupee falls on uncertainty amid foreign outflow; stocks at near 2-week low

(Colombo) REUTERS: The Sri Lankan rupee ended weaker yesterday as outflows from government...


Haycarb Sept. quarter earnings boosted by higher top line

Hayleys group’s coconut-shell based activated carbon manufacturer, Haycarb PLC recor...


Cargills Bank stalls in 3Q as new loans slow; deposit growth flat

Cargills Bank Limited (CBL) failed to maintain its growth momentum during the quarter ende...


Govt. mulls to raise port charges

The government is looking to revise the tariff charges upwards for the services provided a...


Hefty tax reversal boosts Union Assurance September earnings

A hefty tax reversal on account of deferred tax asset boosted Union Assurance PLC’s ...


Rupee falls on uncertainty amid foreign outflow; stocks down

(Colombo) REUTERS: The Sri Lankan rupee ended weaker yesterday as outflows from government...


Central Bank says no significant increase in money printing

The Central Bank of Sri Lanka (CBSL) yesterday said despite the media reports on increased...


Professionals say Colombo risks becoming a “ghost city” if their advice not sought

Colombo’s booming real estate market risks turning Sri Lanka’s capital city in...


New investment to boost cargo handling at Hambantota port

The Hambantota International Port Group (HIPG) has invested further to develop Hambantota ...


Singhe Hospitals to carry out private placement deal to repay loan

The board of directors of Singhe Hospitals PLC is to issue little over 33 million shares o...


POPULAR POSTS

Commotion in parliament

Sunday, 18 November 2018 11:11
40
114381

Govt. has no majority in ...

Speaker Karu Jayasuriya today announced ...
Wednesday, 14 November 2018 10:44
46
46507

"President Can't Act like...

Challenging all arguments in favour of t...
Tuesday, 13 November 2018 06:27
23
41094

SC stays proclamation dis...

A three-judge bench of the Supreme Court...
Tuesday, 13 November 2018 18:02
102
40126

SC stays proclamation dis...

A three-judge bench of the Supreme Court...
Tuesday, 13 November 2018 18:02
102
40126

MR-RW to meet shortly

Prime Minister Mahinda Rajapaksa is expe...
Thursday, 15 November 2018 12:10
49
23072

Will not prorogue Parliam...

President Maithripala Sirisena said he w...
Friday, 16 November 2018 14:23
48
15232

Govt. has no majority in ...

Speaker Karu Jayasuriya today announced ...
Wednesday, 14 November 2018 10:44
46
46507

Speaker leaves seat after...

Speaker Karu Jayasuriya left his seat af...
Thursday, 15 November 2018 10:47
46
27470