Apparel exports poised to top US $ 5bn mark for first time

As the apparel export growth picked up pace in November last year, the apparel industry ex....


ICC embarks on Rs.4bn apartment complex in Galle

One of Sri Lanka’s frontline construction firms, International Construction Consorti....


Iran’s CB proposes slashing four zeros from falling currency

(Dubai) REUTERS: Iran’s central bank has proposed slashing four zeros from the rial,....


SLPA port tariff revision takes everybody by surprise

he Sri Lanka Ports Authority (SLPA) has substantially raised its port charges and other re....


Budget 2019 aims to reduce fiscal deficit to 3.5% of GDP

The budget 2019, which is to be presented to Parliament on February 05, will be prepared w....


Hayleys Advantis wins bid to manage container depot in Abu Dhabi

Hayleys Advantis Ltd (Advantis), the transportation and logistics arm of Hayleys PLC, anno....


Financial sector regulators sign MoU for consolidated risk-based supervision

The Central Bank entered into a Memorandum of Understanding (MoU) with the Securities and ....


Ghosn set for court hearing in Japan over detention

(Tokyo) AFP: Former Nissan Chairman Carlos Ghosn is likely to appear in a Japanese court n....


German politicians’ data hacked, govt. cyber team in crisis meeting

(Berlin) REUTERS: Hackers have posted personal data from hundreds of German politicians fr....


Oil rises towards US$ 57 on China-US trade talks, OPEC cuts

(London) REUTERS: Oil rose towards US$ 57 a barrel yesterday after China said it would hol....


Suspension on Perpetual Treasuries extended by 6 months

The Central Bank has extended the suspension on controversial primary dealer Perpetual Tre....


Nestle welcomes Indian court ruling in Maggi case

(Zurich) REUTERS: Food group Nestle said on Thursday a ruling by India’s Supreme Cou....


Google moved almost 20 bn euros to Bermuda in 2017

(The Hauge) AFP: US internet giant Google used a legal mechanism to transfer almost 20 bil....


Rupee ends steady near record low

REUTERS - The Sri Lankan rupee ended steady near a record low yesterday, as foreign fund o....


SL to sign loan agreement with JICA for light rail

The Cabinet of Ministers has approved a proposal by Finance and Mass Media Minister Mangal....


SLTDA and SLTPB get new acting chairmen

The Sri Lanka Tourism Development Authority (SLTDA) and Sri Lanka Tourism Promotion Bureau....


CB to get tougher on finance firms

The Central Bank is likely to tighten the regulations on Licensed Finance Companies (LFCs)....


Three-year comprehensive plan helped Colombo port to make history in 2018: Samarasinghe

Former Port and Shipping Minister Mahinda Samarasinghe says the implementation of the 3-ye....


NCE highlights exporter woes

While commending the Export Development Board (EDB) for fast tracking initiatives to impro....


Tourist arrivals grow 10.3% to 2.33mn in 2018

Tourist arrivals to Sri Lanka grew 10.3 percent to 2,333,796 from the previous year with D....


Economic growth in 2018 understated: Central Bank

Sri Lanka’s gross domestic product (GDP) is possibly understated by over 0.5 percent....


Rupee ends near record low

(Colombo) REUTERS: The Sri Lankan rupee ended near record low yesterday due to continued o....


Six forensic audits on EPF investments, bond transaction to be completed by year end

The Central Bank plans to complete six forensic audits on the Employees’ Provident F....


Rupee ends slightly firmer on first day of New Year

(Colombo) REUTERS: The Sri Lankan rupee closed slightly firmer yesterday, but trade was th....


Brace for challenging year: Treasury Secy

Finance and Mass Media and Treasury Secretary Dr. R.H.S. Samaratunga yesterday said the ye....


Baqian Law Group launched in Colombo to assist Chinese investors in SL

Addressing the language barrier and misunderstandings in connection to the time-consumin....


Krishan, Gihan assume top leadership roles at JKH

With the retirement of Chairman Susantha Ratnayake on December 31, 2018, after four decade....


Dr. Samaratunga returns as Treasury Secretary

Dr. R.H.S. Samaratunga, who has been reappointed as the Secretary to the Treasury and the ....


South Asia’s first 5G pilot transmission goes live

Dialog Axiata yesterday announced a major step forward in Sri Lanka’s 5G journey w....


Hotels Association poised to make major economic contribution

The hotel industry remains the only industry in the country which has the potential to tur....


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