Business News

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…

Strict guidelines have been proposed for the tourism sector as the industry prepares to open its doors and resume operations. A dr…

The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation of…

National carrier, SriLankan Airlines, is making a decisive move to rescue the country’s much troubled export industries by launc…

Prime Minister Mahinda Rajapaksa said today that no financial aid has received from foreign countries to be utilised in the COVID-…

(Hong Kong) AFP: Stock markets suffered steep losses yesterday, tracking a selloff in New York after Donald Trump sparked fears of…

Inflation for the month of April was recorded at 5.2 percent, as the prices measured for the 12 months to April was slightly lower…

WION: China has claimed that the country is rolling out its digital currency in four cities starting next week.Owing to the COVID-…

Due to the increase of the value of Japanese Yen and the US Dollar against the Sri Lankan Rupee after March 20, the vehicles with …

Sri Lanka’s merchandise export earnings in March plunged a record 42 percent year-on-year (YoY) to US $ 646 million, with the CO…

Australia, (Daily Mail), 28 April 2020 -   Australia has asked the Chinese ambassador to explain his ‘economic coercio…

The Central Bank has imposed maximum interest rates on pawning advances of licensed banks to provide relief to low income families…

As COVID-19 is altering almost everything including how people shop for their day-to-day needs, some chief executives expect such …