Pan Asia Bank June quarter earnings down 5%
Pan Asia Banking Corporation PLC saw its June quarter (2Q19) earnings impacted by weak core banking operations amid contraction in the bank’s loan b...
Read More
Indian pepper growers concerned over Sri Lanka’s move to ease exports
Business Line: Indian domestic pepper growers have taken strong exception to the reported move by the Sri Lankan government to hold talks with India f...
Read More
SriLankan to post loss of up to US $ 16mn due to Easter attacks
Sri Lanka’s state-run airline is set to report a loss of up to US $ 160 million this year, as tourism in the island nation suffers following the Eas...
Read More
Shares finish at over 5-month high; rupee flat
Sri Lankan shares rose for a fourth straight session to hit their highest close in over five months yesterday, led by a rally in beverage and banking ...
Read More
Leading apparel exporter calls for clarity and direction
A leading apparel exporter in the country has called for clarity and direction from the government for private enterprises to play a key role in regai...
Read More
Hayleys assures re-exportation of used mattresses stored at its free zone
From left: Hayleys Advantis Limited Director Dr. Asanka Ratnayke, Hayleys Advantis Limited Managing Director Ruwan Waidyratne and HFZT Director Amal R...
Read More
Shares extend gains for 8th session on foreign inflows
COLOMBO (Reuters) - Sri Lankan shares rose for the eight consecutive session yesterday to end at a more than a four-month high, as banking stocks cont...
Read More
S’pore economy shrinks in warning for global trade
SINGAPORE (AFP) - Growth in export-reliant Singapore suffered a surprise sharp contraction in the second quarter, official data showed yesterday, send...
Read More
Second biggest hotel is family member’s investment
The construction work on the second biggest hotel in the Southern province is proceeding apace, they say. This 200-room- hotel coming up on a nine-acr...
Read More
TUI pledges support for SL’s tourism industry revival
Sebastian Ebel, a member of the Executive Board of TUI AG, responsible for destination experiences, hotels and resorts, cruises and group purchasing, ...
Read More
South America-EU trade talks press on after Macron warning to Brazil
BRUSSELS (AFP) - Negotiations between Europe and South America to finalise a blockbuster trade deal continued yesterday, after French President Emmanu...
Read More
Tourism industry urges govt. to re-evaluate costly airfare structure
Says re-evaluation of airfares could attract more European tourists Sri Lanka doesn’t have direct flights to any European city except for Lon...
Read More
ASEAN seeks conclusion of China-led trade deal this year: Thai PM
BANGKOK (AFP) - Southeast Asian leaders are eager to sign a sweeping China-led trade pact by the end of this year, Thailand’s Prime Minister said ye...
Read More
FinMin signs Statements of Corporate Intent with 8 SOEs
From left: Finance Ministry Secretary Dr. R.H.S. Samaratunga, Finance Minister Mangala Samaraweera and Mahaweli Development and Environment State Mini...
Read More
Internet users reluctant to use e-commerce despite high awareness: survey
AfterAccess survey report Lead researcher and LIRNEasia CEO Helani Galpaya presents a copy of the report to Digital Infrastructure and Information Tec...
Read More
Expecting the unexpected: A business viewpoint
The Easter day bombings in Sri Lanka created a sense of deep fear among the citizens; it still prevails even one month after the incidents. Even in th...
Read More
SL exports to South Asia Sub regional Economic Cooperation up by 8%
The share of Sri Lanka’s total exports to the South Asia Sub regional Economic Cooperation (SASEC) countries increased from 6% to 8% within a period...
Read More
Measures to rebuild tourism industry
Sri Lanka’s tourism industry will take several measures to rebuild the industry which got severely affected after several blasts went off across the...
Read More
Measures to rebuild tourism industry
Sri Lanka’s tourism industry will take several measures to rebuild the industry which got severely affected after several blasts went off across the...
Read More
Easter Sunday attacks on hotels, places of worship Five Star Hotels to recommence business soon
Shangri- La Hotel Colombo and Kingsbury Hotel Colombo said that they will be back to business soon despite Easter Sunday terror attacks. The third hot...
Read More
FM shares Lanka’s growth experience at UN ECOSOC
Finance Minister Mangala Samaraweera participating in the UN Economic and Social Council (ECOSOC) Forum’s Ministerial Financial Dialogue Panel Discu...
Read More
IFC helps CBSL launch Roadmap for Sustainable Finance
Dr. Nandalal Weerasinghe, Senior Deputy Governor, Central Bank of Sri Lanka launching the Roadmap at the Sustainable Banking Network Global Meeting of...
Read More
Popular News
