Business

Japanese car parts maker Takata has filed for bankruptcy protection in the US and Japan.

It is facing billions of dollars in liabilities...

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 editor     Jun 26, 2017     0     2

Sri Lanka’s securities regulator has directed all licensed stock brokers and dealers to comply with the new fee structure which will be effective...

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 editor     Jun 26, 2017     0     1

Singer Sri Lanka, the country’s premier consumer durables retailer, added another innovative product to its portfolio with the launch of the...

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 editor     Jun 23, 2017     0     9

The government has approved a proposal to establish an offshore Sri Lankan Rupee Bond Program by the International Finance Corporation.

The...

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 editor     Jun 23, 2017     0     2

‘Scan Jumbo Peanuts Cycle Wasana 2’, a consumer promotion campaign of Scan Products, marketed by C.W. Mackie PLC Group took place recently in...

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 editor     Jun 22, 2017     0     4

Cabinet has approved a proposal to abolish the import control license fee for imported tea in line with 2017 budget proposals.

There has...

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 editor     Jun 22, 2017     0     3

Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables held its annual scholarly converse forum “Kelani...

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 editor     Jun 21, 2017     0     4

Fitch Ratings says it expects rising domestic interest rates to hurt Sri Lankan corporates over the next 12 months.

Releasing a statement,...

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 editor     Jun 21, 2017     0     2

Data compiled by Fitch Ratings Lanka shows despite the record high banking sector credit granted in recent years, Sri Lanka’s private sector...

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 editor     Jun 20, 2017     0     2

The 23rd National civilian Bravery Awards, jointly hosted by the Foundation for Civilian Bravery & Janashakthi Insurance was held last...

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 editor     Jun 19, 2017     0     3

Five major UK business bodies have come together to call for continued access to the European single market until a final Brexit deal is made with...

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 editor     Jun 19, 2017     0     3

The 13th Raigam Telees Award Ceremony which was postponed due to unfavorable weather conditions that prevailed in the country, has been...

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 editor     Jun 16, 2017     0     332

Sri Lanka’s statistics office says economic growth rate for the first quarter of 2017 has been estimated as 3.8 percent.

The GDP for the...

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 editor     Jun 16, 2017     0     5

Jones Lang LaSalle, an international property consultancy says Sri Lanka is poised for growth across all real estate asset classes on the back of...

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 editor     Jun 15, 2017     0     1

The Colombo Stock Exchange yesterday announced changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2017...

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 editor     Jun 15, 2017     0     3

Minister of Finance Mangala Samaraweera says even if Sri Lanka was to reach the GSP+ threshold tomorrow, the country would still have access to...

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 editor     Jun 14, 2017     0     2

Dealers say that the Sri Lankan rupee traded slightly weaker yesterday due to importer dollar demand.

Rupee forwards were active, with spot...

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 editor     Jun 14, 2017     0     1

Dealers say the Sri Lankan rupee traded marginally higher yesterday as inward remittances outpaced dollar demand from importers.

Rupee...

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 editor     Jun 13, 2017     0     2

Asian stocks edged lower early today following a slide by U.S. technology shares and the dollar rose ahead of this week's U.S. Federal Reserve...

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 editor     Jun 12, 2017     0     1

Deputy Minister of National Policies and Economic Affairs Dr. Harsha de Silva says that Sri Lanka will address the issues that need to be resolved...

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 editor     Jun 12, 2017     0     3

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