Business News

The adjustments on gold and motor vehicle import tariffs coupled with good rainfall in catchment areas, which has positive implica…

Sampath Bank achieved Rs.14.2 billion in Profit Before Tax (PBT) within the first 3 quarters of 2018, 20.3% higher than the PBT of…

UNP Leader Ranil Wickremesinghe today said the interim order issued by Supreme Courts suspending the dissolution of Parliament was…

Singer (Sri Lanka) PLC announced its results for the first half ended September 30, 2018. Despite tough business conditions, the r…

John Keells Group revenue at Rs.32.57 billion for the period under review is an increase of 10 per cent over the Rs.29.62 billion …

A special discussion was held between the Secretary to the Ministry of Finance and the Ceylon Workers’ Congress (CWC) today (0…

Jetwing Symphony PLC (JETS), the investment arm of Jetwing, last week announced strong financial results for Q2 FY 2018/19. The c…

Net outflow of Rs. 4 b from CSE last week dwarfs Jan.-Sept. figure Says outflows putting major pressure on rupee in an alread…

Pan Asia Banking Corporation PLC, one of the fastest growing Sri Lankan commercial banks, reported its best ever profit recorded f…

The country’s economy was on the brink of collapse with the US Dollar exchange rate reaching Rs.180, Mahajana Eksath Peramuna (M…

The government has already received 88 enquiries for the  Hyatt and Hilton Hotels from leading investors from all over the world …

Prime Minister Ranil Wickremesinghe, highlighted the need to maintain Freedom of Navigation and Freedom of Digital Connectivity in…

The World Bank Group unveiled a new system on Thursday to rank countries based on their success in developing human capital, an …

Despite playing a huge role in the country’s economy, Sri Lankan entrepreneurs and SMEs are struggling to advance their business…

The vilification of oil palm in Sri Lanka on the grounds of the crop’s purported adverse impact on the environment is completely…

Sri Lanka has the potential to more than double exports to South Asia, suggests a new World Bank report titled ‘A Glass Half Ful…

ECONOMYNEXT – Sri lanka’s earnings from merchandise exports surpassed a billion US dollars for the second consecutive month in…

CSE/SEC-organised ‘Invest Sri Lanka’ Forum in London today; in Edinburgh on Wednesday  13 Listed Companies to pitch for…

Tourism earnings during the first eight months as well as during the month of August this year reflected the same trend as arrival…

State Minister of National Policies and Economic Affairs Dr Harsha de Silva has pulled out from speaking at an Investors’ Forum …

Claims his government managed 2008 crisis without people suffering Blames current administration’s policies for depreci…

To overcome currency crisis massive loans obtained by previous regime, main cause. Prime Minister Ranil Wickremesinghe yeste…

The South Asian country had earlier imported nearly all of its crude from Iran Sri Lanka has stopped crude imports from Iran and …

Sri Lanka’s information technology industry will prioritise data science and artificial intelligence in its drive to sharply inc…

Prime Minister Ranil Wickremesinghe on Friday (14 September) called on the private sector to set up educational institutions to ca…