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SriLankan Chairman replies airline’s unions
BusinessTags: Print EditionSriLankan Airlines Chairman Ajith Dias has replied the airline’s unions which wrote to management last week. Following is the text of Dias’ reply.“We refer to the recent...
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Minister Samarawickrama meets WB officials
BusinessMinister Samarawickrama with WB officialsTags: Print EditionMinister of Development Strategies and International Trade, Malik Samarawickrama met with Esperanza Lasagabaster, a senior official...
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Manufacturing sector PMI up 4 index points
BusinessTags: Print EditionThe Manufacturing Sector PMI recorded 58.8 in November which is an increase of 4.0 index points compared to October 2017. This indicates that the Manufacturing activities...
View ArticleConstituent changes to S&P SL 20 Index
BusinessTags: Print EditionThe Colombo Stock Exchange (CSE) announced the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2017 year-end index...
View ArticleSampath Bank’s Rs 6 bn debenture issue oversubscribed
BusinessTags: Print EditionSampath Bank’s Rs 6 billion debenture issue on December 15 has been oversubscribed, the bank said in a stock exchange filing.The basis of allotment will be notified to the...
View ArticleJetwing Symphony IPO oversubscribed
BusinessTags: Print EditionThe Jetwing Symphony IPO which offered 50,218,856 ordinary voting shares at Rs.15 per share on December 14 was oversubscribed, the company said in a stock exchange filing....
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Dusit Thani’s beachfront property lights Balapitiya
BusinessAnanda KannangaraTags: Print EditionAsia’s largest beach resort, The Beachfront, Balapitiya, constructed at a cost of US$ 200 million will be opened at Balapitiya in 2019.Located in Balapitiya...
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Alumex signs on as strategic partner to Architect 2018
BusinessChief Operating Officer Alumex PLC, Pramuk Dediwela signs the MoU with President Sri Lanka Institute of Architects, Architect D.H Wijewardena FIA (SL). Picture by Chaminda NiroshanaTags: Print...
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Inter-City Rotary meeting with President of Rotary International held
BusinessTags: Print EditionThe Inter-City Rotary meeting in honour of the visiting Rotary International President Ian Riseley was successfully held on November 25, 2017.The event was organized by the...
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Lakdhanavi wins title at Asian Power Awards 2017
BusinessTags: Print EditionSubsidiary of LTL Holdings, Lakdhanavi Limited was awarded with Power Utility of the Year & Innovative Power Technology of the Year Sri Lanka title at the Asian Power...
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Minister Amunugama meets Chinese investors
BusinessTags: Print EditionA meeting between Minister Dr. Sarath Amunugama and Wang Minglai, Chairman, An HuiLian Hua Industry and Commerce Group took place at the Special Assignments Ministry office...
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ICTA and Sri Lanka Police sign MoU For Hospital Health Information Management...
BusinessTags: Print EditionA Memorandum of Understanding (MoU) was signed between the Information and Communication Technology Agency of Sri Lanka (ICTA) and Sri Lanka Police on December 7, 2017 at...
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IMF programme critical to mitigate macroeconomic risks - Moody’s
BusinessTags: Print EditionMoody’s Investors Service says that Sri Lanka’s (B1 negative) high general government debt levels, very low debt affordability, and fragile external payments position...
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‘Lanka yet to fully exploit ornamental fish exports’
BusinessShirajiv SirimaneVibhu V. Perera presenting a certificate to one of the participants of the event. Dr. Gerald Bassleer from the Netherlands and Lumbini Aquarium CEO K M Chamini Dinusha look on....
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‘India biggest buyer for SL handlooms’
BusinessTags: Print EditionAfter nearly two decades of continued battle for its survival, the handloom sector of Sri Lanka has finally turned around.“The handloom sector of Sri Lanka faced a setback...
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Economy shows 3.3% growth in 3Q
BusinessTags: Print EditionThe Department of Census and Statistics (DCS) states that the GDP growth rate for the third quarter of 2017 has been estimated as 3.3%.The Gross Domestic Product for Sri...
View ArticleMinister Dissanayake to leave for Russia soon
BusinessShirajiv SirimaneTags: Print EditionSri Lanka would send a high powered delegation to Russia end of the week to hold talks with Russian authorities in a bid to find a way out of the temporary...
View ArticleLAUGFS Gas provides guarantee of US$ 9.5 mn
BusinessTags: Print EditionLAUGFS Gas PLC, in a stock exchange filing, said that it has provided corporate guarantee to the People’s Bank to the value of US$ 9.5 million as security for the renewal and...
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Shares - Market Statistics on 18.12.2017
BusinessTags: Print EditionTuesday, December 19, 2017 - 01:00
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Exchange Rates on 18.12.2017
BusinessTags: Print EditionTuesday, December 19, 2017 - 01:00
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