LNP - India’s economy to contract as Covid-19 cases soar

2021-04-28   |   Business

India’s economy may shrink in the current quarter as Covid-19 cases surge, but the country could recover in the next one, according to two economist...

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LNP - Port City to have significant impact on economy -ICCSL

2021-04-28   |   Business

The International Chamber of Commerce, Sri Lanka ( ICCSL) in a statement issued on Monday said “The Port City project will have a significant impact...

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LNP - Fashion designers say cost of production up due to import restrictions

2021-04-23   |   Business

Fashion designers are struggling to keep up with the fast-changing trends in the country, as challenges in sourcing raw materials has led to a slowdow...

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LNP - In view of boosting night economy Diana proposes to extend opening hours of bars

2021-04-22   |   Business

Opening hours of bars in hotels and liquor shops should be extended in order to create a night economy in Sri Lanka, MP Diana Gamage proposed in Parli...

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LNP - Sri Lanka’s Niftron Raises Rs. 21 Million Capital from LAN’s Angel Fund

2021-04-21   |   Business

The Angel Fund has announced a Rs. 10 million investment in Niftron, a blockchain-as-a-service (BaaS) platform that aims to make blockchain simpler an...

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LNP - Union Assurance awarded Life Insurance Company of the Year at Business Leader Awards

2021-04-21   |   Business

Affirming its leadership in the country’s fast-growing insurance industry, Sri Lanka’s premier life insurer Union Assurance recently celebrated a ...

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LNP - Sri Lanka Investment Forum to Feature Over 50 Projects and Corporate Investment Opportunities

2021-04-20   |   Business

Sri Lanka’s Investment Showcase to the World on 7-9th June Themed “Sri Lanka – Asia’s Next Growth Haven”, the Sri Lanka Investment Forum (SL...

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LNP - Suspicion leads to adulterated liquor entering market

2021-04-19   |   Business

Suspicion surrounds over an incident where two persons who had died over alcohol poisoning in Galenbindunuwewa and another hospitalised in a critical ...

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LNP - Remaining importers notified to re-export carcinogenic coconut oil stocks

2021-04-19   |   Business

Sri Lanka Customs has informed the 02 remaining importers to re-export their coconut oil stocks containing carcinogens. Katana Refineries, one of the ...

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LNP - B2B meeting to boost Sri Lankan exports of fruits and vegetables to Oman

2021-04-19   |   Business

Sri Lanka Embassy in Oman jointly with the Sri Lanka Export Development Board, organised a virtual B2B meeting between Carrefour Oman and eight promin...

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LNP - SL to import dehydrated coconut chips to manufacture coconut oil

2021-04-13   |   Business

Sri Lanka will import 39,000 tonnes of dehydrated coconut chips to manufacture coconut oil to meet the local demand for edible oil without any shortag...

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LNP - More compensation payments to The Finance depositors from today

2021-04-13   |   Business

Payment of Additional Compensation under the Sri Lanka Deposit Insurance and Liquidity Support Scheme The Central Bank of Sri Lanka wishes to inform t...

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LNP - Singaporean company makes pork from Sri Lankan Jackfruit

2021-04-08   |   Business

Creating pork from jackfruit: How this whole-plant start-up is taking on Asia’s multibillion-dollar meat industry Appetite for alternative meat is g...

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LNP - Special permit to import palm oil for bakery needs

2021-04-08   |   Business

A special permit procedure will be introduced to import Palm oil required for the production of bakery and confectionery products, says Minister of Tr...

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LNP - Import restrictions on ceramic imports to be relaxed soon

2021-04-07   |   Business

The government intends remove the current import restrictions on tile and sanitary ware soon and Sri Lanka will locally produce 80 percent of its tile...

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LNP - Malaysia irked by Sri Lanka’s palm oil import ban

2021-04-07   |   Business

Malaysia, one of the two key sources from where Sri Lanka imports palm oil, appears to have been visibly irked by President Gotabaya Rajapaksa’s mov...

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LNP - From mine to market – showcasing Sri Lanka’s jewellery legacy to the world

2021-04-07   |   Business

The Sri Lanka Gem and Jewellery Association (SLGJA) hosted their second Key Person’s Forum for the industry recently, with the objective of facilita...

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LNP - Business sentiment picks up as economic activity shows signs of a slight recovery

2021-04-06   |   Business

Sri Lanka recently received its first shipment of 264,000 vaccines of the Oxford-AstraZeneca vaccine as part of the interim allocation of 1.44 million...

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LNP - Sri Lanka spent Rs. 1,239 billion to import vehicles from 2015-19

2021-04-06   |   Business

State Minister of Money & Capital Market and State Enterprise Reforms, Ajith Nivard Cabraal, says that Sri Lanka had spent Rs. 1,239 billion to im...

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LNP - South Korea’s LG smartphones exit from market

2021-04-06   |   Business

SEOUL (Reuters) - South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set ...

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LNP - Textrip of Elasto Group launches website with e-commerce features

2021-04-05   |   Business

ri Lanka’s premier manufacturer and exporter of natural latex based Progressive Resistance Bands and Exercise-Sports Products, Textrip (Pvt) Ltd. ...

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LNP - Business Keells Food Products expands its solar strategy with Sino Lanka Power Gen

2021-03-29   |   Business

Sino Lanka Power Gen has partnered with Keells Food Products PLC (KFP), for the installation of a solar photovoltaic (PV) system at their factory in...

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LNP - Lakmee Exports Lanka forays into salt production

2021-03-25   |   Business

Lakmee Exports Lanka (Pvt) Ltd, is a key player in the consumer products sector themed as ‘Ape Kamai – Ape Rasai’ dedicated to providing healt...

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LNP - Elephant House clinches two Golds, special award at NCE Export Awards 2020

2021-03-22   |   Business

Sri Lanka’s legendary 155 year old and favourite household consumer foods brand Elephant House has clinched two Gold awards along with a Special A...

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LNP - Shares end lower for a fourth straight session

2021-03-19   |   Business

Trading activities at the Colombo Stock Exchange (CSE) yesterday were negative and shares ended lower for a fourth  straight session, dragged d...

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