IMF says economy normalising but reforms essential

2018-01-13   |   Business

Recommends fiscal consolidation and tightening monetary policy 2018 growth predicted at 4.6% below CB projections  Further delays in SOE refo...

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CEAT Kelani to invest Rs. 3 b in country’s tyre industry over next two years

2018-01-12   |   Business

Unveils master plan to set up new Truck Bus Radial tyre plant in Kelaniya Expands existing cutting-edge passenger car radial tyre plant Doubles...

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Top Sovereign Wealth Funds in Sri Lanka to explore investment opportunities

2018-01-11   |   Business

Development Strategies and International Trade Minister Malik Samarawickrama yesterday opened the two-day Roundtable Investment Forum with Sovereign W...

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New laws to recover massive losses

2018-01-04   |   Business

Presidential statement on bond probe commission report. * PTL profits in secondary market exceed Rs.11 bn * Cases against Ravi over penthouse recomme...

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EAP’s financial arms may be managed by Bank of Ceylon

2018-01-01   |   Business

The Central Bank of Sri Lanka (CBSL) has asked the Bank of Ceylon (BOC) to be the managing agent for the financial arms of the EAP Group–Edirisinghe...

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