Asian markets build on trade talks rally, Turkish lira holds up

 HONG KONG (AFP) - Asian markets extended their gains yesterday on hopes for China-US...


Prime Minister admits delays in government’s reform agenda

While acknowledging the delays in the government’s reform agenda, Prime Minister Ran...


‘Sahasak Nimavum’ exhibition opens

‘Sahasak Nimavum’, the national exhibition for inventions and innovations and ...


Printing and packaging important when branding Sri Lanka globally: Rishad

Sri Lankan SMEs, a key driver of the country’s GDP are to collect a hefty packaging ...


BoE chief warns of housing market crash on ‘no deal’ Brexit

LONDON (AFP) - British house prices could crash by 35 percent if the UK leaves the Europea...


Foreign Employment Bureau signs MoU with Verité Research

The Sri Lanka Bureau of Foreign Employment (SLBFE) signed a Memorandum of Understanding (M...


Janashakthi acquires 31% stake of Dunamis Capital for Rs. 1.4 bn

In one of the largest related party deals in the Colombo Stock Exchange, Janashakthi PLC, ...


Rupee touches record low

COLOMBO (Reuters) - The Sri Lankan rupee hit a fresh low against the dollar yesterday, but...


Manufacturing activities gain in July

Sri Lanka’s manufacturing activities expanded during July by 1.1 percent over the sa...


Sri Lanka to continue with fiscal consolidation despite slower growth

COLOMBO (Reuters) - Sri Lanka will stay on a path of fiscal consolidation embarked on thre...


Financial City legislation to be presented to parliament this year

The legislation for the Colombo International Financial City (CIFC) is to be presented to ...


Much more remains to be done to avert global economic shift risks : StanChart

Sri Lanka is moving in the right direction to face the risks associated with global econom...


Rupee hits fresh low; ends steady

(Colombo) REUTERS: The Sri Lankan rupee hit a fresh low yesterday before ending steady as ...


Sri Lanka calls RFQs to issue licences for new lubricant players

The Petroleum Resources Development Ministry has called for requests for qualification (RF...


Sri Lanka ups tourist arrival target to three million this year

Sri Lanka Tourism has upped the tourist arrival target to three million arrivals from 2.5 ...


Shares fall to 2-week low on foreign selling

(Colombo) REUTERS: Sri Lankan shares fell for a third straight session yesterday and marke...


Sri Lanka Economic Summit 2018 kicks off today

Sri Lanka Economic Summit 2018 will be inaugurated this morning at Cinnamon Grand Colombo....


New loan growth picks up in July

Growth in new loans by Sri Lankan banks accelerated pace during July from a month ago as t...


Sri Lanka’s banking sector asset quality further deteriorates

There appears to be no end in sight to the rising sour loans in the Sri Lanka’s bank...


Insurance industry regulator operating sans actuary since last year

Sri Lanka’s insurance industry regulator, the Insurance Regulatory Commission of Sri...


Sri Lanka calls RFQs to issue licences for new lubricant players

The Ministry of Petroleum Resources Development has called for Requests for Qualification ...


NDB’s Rs.6.2bn rights issue gets shareholder nod

The shareholders of NDB approved a capital raising of over Rs. 6.2 billion via a rights is...


UN expert urges govt. to establish rate cap on microcredit business

Sri Lanka should establish an interest rate cap for all financial institutions and individ...


Kapila Jayawardena appointed Seylan Bank Deputy Chairman

The Board of Directors of Seylan Bank PLC has appointed its non executive Director and LOL...


Ceylon Tea global promotional campaign to kick-start in 4 key markets

The Sri Lanka Tea Board (SLTB) is to launch the global promotional campaign initially in f...


Special counter for VAT refund to tourists at BIA from today

In a bid to attract more tourists to Sri Lanka, the government is launching a new system f...


Shares slip to 1-week closing low on foreign selling

(Colombo) Reuters: Sri Lankan shares fell to one-week closing low yesterday as foreign inv...


Rupee falls on importer dollar demand, dollar strength

(Colombo) REUTERS: The Sri Lankan rupee ended weaker on Monday as importer dollar demand s...


Sierra Cables transferred to watch list

Sierra Cables PLC said it was transferred to the watch list by the Colombo Stock Exchange ...


Attempts to backtrack on SLSFTA will hurt Sri Lanka

A leading academic warned that attempts and the discourse to backtrack on the already enac...


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