SL approves 2017 budget, aims to raise revenue through taxes

REUTERS: Sri Lanka’s coalition government won the final vote on its 2017 budget which aims to 

SL’s still high credit growth flagged; CB told to stand ready for further tightening

The International Monetary Fund (IMF) last week expressed its deep concerns over private credit 

Exporters urge govt. to implement RAMIS in January

Sri Lanka’s exporters are urging the government to ensure the full implementation of Revenue 

Tea broker in hot water; licence suspension looms

A licence suspension is likely to be enforced on at least one of the eight tea brokers active in the 

CCC wins 8th Gold at CA Sri Lanka Annual Report Awards

The Ceylon Chamber of Commerce (CCC), the premier business chamber in the country, walked 

Copal Amba announces name change to Moody’s Analytics

Moody’s Corporation announced on Sunday that Copal Amba has been rebranded as the Knowledge 

FinMin says no privatization or sell-off of public assets

Finance Minister Ravi Karunanayake said the government would not privatize or sell-off any of the 

Central Bank holds 9th Int’l Research Conference

The ninth International Research Conference of the Central Bank of Sri Lanka was held recently at 

CSE shines at IPM Great HR Quiz 2016

Two teams representing the Colombo Stock Exchange (CSE) were placed as the winner and runner-

Airtel No 1 Internet service provider in Sri Lanka

TRC ranks Airtel with fastest 3G internet Speeds Huawei benchmark study ranks Airtel as No 1 internet Quality Index

Deutsche Post DHL Group and United Nations celebrate 10-year partnership

Deutsche Post DHL Group, the leading mail and Logistics Company, and the United Nations represented by the United Nations Office f

Thai windfall for Colombo bourse

Thailand stock exchange listed digital finance company, Group Lease Public Company Limited’s 

Sri Lanka to ink JV with Chinese firm to develop southern port

REUTERS: Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company 

Analysts say int’l finance costs down at least 200bps with renewed confidence

Sri Lanka’s cost of international financing has gone down by at least 200 basis points (bps) so far 

SL industrial production expands 3% in 3Q

Sri Lanka’s Index of Industrial Production (IIP), which measures the performance of the country’s 

Distilleries under new parent to focus more on premium liquor types

Distilleries Company of Sri Lanka PLC (DIST), the country’s market leader in hard liquor, is planning 

WB approves US $ 75mn credit line for SL’s welfare programmes

The World Bank Board has approved a US $ 75 million credit from the International Development 

CSE rings final bell for the year with Asiri Hospitals

Looking forward to embrace the New Year with renewed aspirations, the country’s stock market 

Govt. to present anti-dumping bill in January, next year

The government will present an anti-dumping bill to parliament in January, next year, Development 

Ceylon tea to celebrate 150 years of history in style

Ceylon tea will be commemorating its 150 years of rich history in style, with numerous events and 

Establishment blues vs. Central Bank’s independence

Strongly denying the allegation that the Central Bank is politicized, Governor Dr. Indrajit 

Hayleys Plantations clinches Gold, Silver at NBEA 2016

Hayley’s Plantation sector’s flagship entities, Kelani Valley Plantations PLC and Talawakelle Tea 

Shangri-La’s Residences partners with Fine Furniture for Häecker kitchen solutions

The Residences at One Galle Face by the Shangri-La group is redefining the capital’s skyline and 

BMICH unveils The Terrace garden venue

The BMICH has added another exciting outdoor venue to its portfolio with the launch of The Terrace.   

CMA-SLITHM launch CHFMA programme

The Institute of Chartered Management Accountants (CMA) in partnership with the Sri Lanka Institute 

Teejay sweeps highest number of Golds at NBEA 2016

Teejay Lanka PLC, the newly rebranded regional fabric manufacturing giant, sparkled at the National 

WK Holdings launches Wet Towel Dispensers

Wet Towel Dispenser is a product that instantly produces hygienic, convenient, disposable and 

AB Securitas achieves Global Performance Excellence Award 2016

AB Securitas (Pvt.) Ltd, the leading loss prevention and secure transport service provider in Sri 

Associated British Foods invests Rs.450mn in Lankan subsidiary

In a move that reinforces the confidence placed by global conglomerates in Sri Lanka, Associated 

Private consortium mulls reviving Indo-Lanka ferry service

A pre-feasibility study has been carried out by a private consortium to recommence the Indo-Lanka