Sri Lanka’s April exports flat, car imports help widen trade gap
Sri Lanka’s trade deficit widened in April 2018 from a year ago as export earnings growth was flat while imports rose sharply driven by a big rise i...
Read More
Sri Lanka preparing to host largest travel trade show
To attract Top 200 global tourism operators to the country Sri Lanka Tourism Promotion Bureau (SLTPB) signs as the Official Partner of TTSL;...
Read More
Importers appeal for swifter Customs law
Importers say effortto enact new Customs law not proceeding as fast as expected Hope authorities will expedite process, promote paperless tra...
Read More
Sujeewa urges incentive payments for Import & Export Dept.
Imports and Exports Controller General Damayanthi Karunarathna accepting her appointment from International Trade State Minister Sujeewa Senasinghe ...
Read More
SLPA posts Rs 13.2bn profit in 2017, becomes 13th best port
Sri Lanka Ports Authority (SLPA) during the corresponding period of 2017 had earned a record net profit of Rs. 13.2 billion and became the 13th best c...
Read More
CPC re-enters local bitumen market
Recognising the rapid growth in the local construction industry and increased demand for bitumen, the Ceylon Petroleum Corporation (CPC) yesterday re-...
Read More
Trump threatens tariffs on additional $200bn in Chinese imports
US President Donald Trump has threatened to levy a 10% tariff on $200bn (£151bn) of Chinese goods in a tit-for-tat trade row with Beijing. “China ...
Read More
Big gains for Sri Lanka from faster trade transport times: ADB
South Asian countries like Sri Lanka could make significant economic gains by improving international transport times, according to a new study by the...
Read More
Tourism targets US$ 4 bn revenue
Sri Lanka to attract 2.5 mn arrivals for 2018 Sri Lanka Tourism is aiming for all time record revenue of US$ 4 billion from the industry for 201...
Read More
CB Chief cracks whip to discipline forex market
Central Bank Governor Dr. Indrajit Coomaraswamy yesterday gave assurances of a well-managed rupee, insisting the monetary authority would block unwarr...
Read More
SL's non-financial assets at Rs.814B
The Ministry of Finance says the total worth of nonmonetary assets in the government amounts to 814 billion rupees. Issuing a statement the Finance...
Read More
New regulations for microfinance: Mangala
New regulations to be published on 22 June Govt. to absorb interest of microfinance loans below Rs. 150, 000 as relief measure Minister slam...
Read More
‘More Qatar investors eye Sri Lanka’
Doha Bank Group opens Colombo office. Sri Lanka’s economy is stable and many investor’s are keen on starting businesses in Sri Lanka, Doha Bank ...
Read More
Monetary Law to be amended to suit inflation targeting
Amendments to the Monetary Law Act (MLA) is to be present to Parliament next year to suit the Flexible Inflation Targeting (FIT) frame-work with the a...
Read More
SL seeks $500 mn apparel trade deal with India
Sri Lanka is hoping to convince India to remove the existing quota system for the apparel industry and instead requesting a US$500 million worth trade...
Read More
Lankan banks sit on Rs.19bn capital hole as sector braces for BASEL III
The Sri Lankan banks satisfy many of the key matrices such as growth, profits, efficiency and asset quality against most regional peers but the sect...
Read More
HNB Assurance Group delivers notable financial results for Q1 2018; PAT up
HNB Assurance Group delivered a notable financial performance, reporting a Profit After Tax (PAT) of LKR 699 MN for Q1 2018 reflecting a steady growth...
Read More
INSURANCE INDUSTRY ACTS FAST; DEPLOYS LOSS ADJUSTERS
National Insurance Trust Fund provides Rs 40m for flood relief The National Insurance Trust Fund Board (NITF) has released Rs. 40 million to provide ...
Read More
Ceylinco Insurance announces ‘record’ 315 percent dividend
Ceylinco Insurance PLC, announced an incomparable dividend of Rs.31/50 per share to its shareholders for the year 2017, which constitutes aÂ...
Read More
Aitken Spence ups FY18 pre-tax profit by 22% to record Rs. 6.4 b
Aitken Spence Plc recorded a steady financial performance for the 12 months ending 31 March 2018 with a 22% year-on-year growth in profit-before-tax f...
Read More
Hayleys first listed firm to cross $1b turnover
Building on a strong momentum gathered over the final quarter of FY 2017/18, Sri Lanka’s leading diversified conglomerate Hayleys PLC announced a re...
Read More
National Export Strategy for Cabinet nod soon - Malwatte
Export target for 2018 scaled up to US$ 17.8 bn Measures to increase exports by 15% annually Sri Lanka’s exports in 2017 has grown by 15% to U...
Read More
Hackers transfer US$13 mn from businessmen via emails: CERT
The Computer Emergency Readiness Team | Co-ordination Centre (CERT|CC) said yesterday they had received complaints about fraudsters hacking into email...
Read More
Popular News
