With the construction of the first phase of the South container terminal project nearing completion, the first berth will open up for ship traffic starting July, enabling the Colombo port to accommodate mega vessels that was not possible before, a top Sri Lanka Ports Authority official said.
Dabur Lanka (Pvt) Ltd, a whollyowned subsidiary of India's leading consumer goods maker Dabur India Ltd, recently inaugurated its packaged fruit-based beverage manufacturing facility in Mirigama, Sri Lanka.
Today, we recap what we have studied during the past few weeks.
If you ever hear your executives whine about the competition, you will want to read this book.
Being a successful investor requires skills similar to those of a successful chef. Every cookbook stresses the need to read the recipe before beginning, make sure you have all the ingredients and do not deviate from the recipe until you have practiced it several times.
Sri Lanka’s March tea production rose 11.3 percent from a year earlier due to favourable weather, pushing up output of the island nation’s top agricultural export by 8.1 percent in the first quarter of 2013, data from the state-run Tea Board showed on Thursday.
Sri Lanka’s export income fell 2.9 percent Year-on-Year (YoY) to US $ 797.5 million in February with both agricultural and industrial exports slowing down, the data released by the Central Bank showed.
Seylan Bank PLC has posted a net profit of Rs.509.5 million, up by 26 percent Year-on-Year, for the first quarter of the financial year 2013, the interim financial accounts released to the Colombo Stock Exchange showed.
Sri Lankan shares hit a 16-month high yesterday on expectations of a rate cut at a central bank policy meeting later this month, traders said.
Europe has always been a centre of celebration for human rights, whether for minorities, lesbian, gay, bisexual...
Sri Lanka's export income fell 2.9 percent Year-on-Year (YoY) to US $ 797.5 million in February with both agricultural and industrial exports slowing down, the data released by the Central Bank showed
Dialog Axiata PLC (Dialog), Sri Lanka’s largest mobile services operator has entered into an agreement with the Bay of Bengal Gateway (BBG) consortium to land a high capacity submarine cable at a Cable Landing Station (CLS) to be located in Colombo, a statement by the company said.
People’s Leasing & Finance PLC (PLC) has scaled up from 21st to 17th among the “Top 20 Most Valuable Brands”.
The Institute of Policy Studies (IPS) has obtained global Carbon Neutral certification for the hosting of the 6th South Asia Economic Summit in Colombo.
Issuing the sovereign credit rating and the country outlook for 2013, Fitch Ratings yesterday affirmed Sri Lanka's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-'
Tourist arrivals to Sri Lanka in the month of February rose 11.6 percent year-on-year (YoY) to 93,232, helped by increased arrivals from East Asian and Western and Eastern European blocks, the official data provided by the Sri Lanka Tourism Development Authority showed.
The likely loosening of the monetary policy will increase the savings - investment gap, which narrowed to 6.6 percent of GDP or Rs.503 billion in 2012, increasing the dependency on foreign financing to feed the investment hungry nation, a global bank alerted.
The Colombo Stock Exchange (CSE) is currently in the process of amending regulations pertaining to the listing of debt securities, according to CSE’s Assistant General Manager of Regulatory Affairs, Renuke Wijayawardhane.
The recently-launched 2013 Economic and Social Survey of Asia and the Pacific of ESCAP is forecasting subdued growth of 6 per cent for the region in 2013 - up from 5.6 per cent in 2012.
Rubber industry analysts have said some time ago that, natural rubber (NR) prices are likely to take a dip after 2012 due to the acceleration in normal production on account of massive new planting undertaken across the major natural producing countries of the world during 2005-08.
Turbulent times have hit both Europe and emerging country economies. The competition for a share of the consumer’s wallet is becoming more severe. In Chan Kim and Renee Mauborgne’s parlance, the Red Ocean is becoming more and bloodier.
We often boast of our ‘Sri Lankan smile’ and the friendliness of the Sri Lankans, but all is not well with the Sri Lankan service quality. According to many foreign business visitors, Sri Lanka’s hotels are the worst offenders.
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