Business News

Rubber plantation was established in Sri Lanka over the past nearly 10 decades for extracting latex for the manufacture of raw r…

By Shabiya Ali AhlamThe ongoing health crisis saw the private sector step up efforts in extending relief to vulnerable groups but …

Following the successful completion of its second intake in 2019 the Advance Diploma in Financial Markets (ADFM) offered by the …

The Non-bank financial institution (NBFI) sector may record substantial losses and display the weakest performance in the decade f…

Sri Lanka’s trade deficit continued to narrow as imports continued to decline at a faster pace than the decline in export earni…

Sri Lanka’s exporters appear to be chugging along vigorously in their respective fields since the coronavirus related restricti…

Apparel exports during the first six months of the year (1H’20) declined 30 per cent to nearly US$ 1.8 billion, with exports i…

Sri Lanka’s foremost conglomerate, John Keells Holdings (JKH) Group’s profit before tax (PBT) is a negative Rs.2.43 billion in…

Vietnam has banned the import of wildlife and wildlife products to reduce the risk of new pandemics. The move also bans wildlife m…

By Shabiya Ali Ahlam  Sri Lanka’s apparel sector, which has been undergoing an extremely tough time due to the economic ma…

The Canned Fish Manufacturers Association of Sri Lanka (CFMASL), thanked the government for assisting local producers and industri…

Sri Lanka’s trade deficit narrowed by US $ 416 million in May 2020 to US $ 407 million, as imports slumped to less than US $ 1 b…

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, had the distinction of being awarded the title ‘Sri Lanka’s Mo…

The Central Bank has approved 13,861 loan applications under the Phase-I of Saubagya (Prosperity) Loan Scheme, totaling Rs. 27.9 b…

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Sri Lanka Insurance emerged as the only insurer in Sri Lanka to maintain National Insurer Financial Strength (IFS) rating of ‘AA…

Construction sector is expected to demonstrate resilience compared to other economic sectors of Sri Lanka ICRA Lanka in their Cons…

The well-diversified nature helped Aitken Spence PLC to weather two back-to-back crises within one financial year but its leisure …

Prime Group has made history becoming the first institution in the Sri Lankan real estate industry to receive a prestigious issuer…

Singer Sri Lanka PLC’s March 2020 top line came in at below the previous year’s levels but reported higher operating profits, …

Sri Lanka’s trade deficit in the month of February widened by US$ 574 million as exports languished and imports rose, latest dat…

Informal sector appears to be making the most of the direct-to-consumer model,which flourished during the two-month long shelter-i…

The Colombo Stock Exchange (CSE) rebounded yesterday after two days of losses, with the benchmark All Share Price Index (ASPI) inc…

REUTERS: Sri Lankan stocks closed sharply lower yesterday, weighed by consumer discretionary and industrial stocks, as investors r…

Although Sri Lanka’s tea industry has been able to brew a strong cuppa amid the global pandemic, the sector representatives caut…