Business News

Imports and Exports Controller General Damayanthi Karunarathna accepting her appointment from International Trade State Minister S…

Sri Lanka Ports Authority (SLPA) during the corresponding period of 2017 had earned a record net profit of Rs. 13.2 billion and be…

Recognising the rapid growth in the local construction industry and increased demand for bitumen, the Ceylon Petroleum Corporation…

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…

South Asian countries like Sri Lanka could make significant economic gains by improving international transport times, according t…

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 …

Central Bank Governor Dr. Indrajit Coomaraswamy yesterday gave assurances of a well-managed rupee, insisting the monetary authorit…

The Ministry of Finance says the total worth of nonmonetary assets in the government amounts to 814 billion rupees. Issuing a s…

New regulations to be published on 22 June Govt. to absorb interest of microfinance loans below Rs. 150, 000 as relief measu…

Doha Bank Group opens Colombo office. Sri Lanka’s economy is stable and many investor’s are keen on starting businesses in S…

Amendments to the Monetary Law Act (MLA) is to be present to Parliament next year to suit the Flexible Inflation Targeting (FIT) f…

Sri Lanka is hoping to convince India to remove the existing quota system for the apparel industry and instead requesting a US$500…

The Sri Lankan banks satisfy many of the key matrices such as growth, profits, efficiency and asset quality against most regiona…

HNB Assurance Group delivered a notable financial performance, reporting a Profit After Tax (PAT) of LKR 699 MN for Q1 2018 reflec…

National Insurance Trust Fund provides Rs 40m for flood relief The National Insurance Trust Fund Board (NITF) has released Rs. 40…

Ceylinco Insurance PLC, announced an incomparable dividend of Rs.31/50 per share to its shareholders for the year 2017, wh…

Aitken Spence Plc recorded a steady financial performance for the 12 months ending 31 March 2018 with a 22% year-on-year growth in…

Building on a strong momentum gathered over the final quarter of FY 2017/18, Sri Lanka’s leading diversified conglomerate Hayley…

Export target for 2018 scaled up to US$ 17.8 bn Measures to increase exports by 15% annually Sri Lanka’s exports in 2017 h…

The Computer Emergency Readiness Team | Co-ordination Centre (CERT|CC) said yesterday they had received complaints about fraudster…

The latest edition of business magazine LMD reports a decline of 19 basis points in the LMD-Nielsen Business Confidence Index (BCI…

An alleged scam has caused a loss of Rs. 10 million at the Ceylon Petroleum Storage Terminal (CPSTL) on the day fuel prices were h…

Singer (Sri Lanka) Plc yesterday announced a 13% increase in revenue to Rs. 13.6 billion in the first quarter of 2018 in spite of …

Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Recognizing t…

Central Bank's imposition of a 15 percent tax on gold imports really helped to prevent foreign exchange from going out of the coun…