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Boosting SMEs role in exports vital- Eran

BusinessMichael Todemann, Head of Research OBG, Eran Wickramaratne, State Minister of Finance and Andrea Tsiachtsiri, Country Director OBGTags: Print EditionSri Lanka’s plans to increase the...

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Chinese billionaire invests US$ 30 mn in SupremeSat

BusinessForbes listed young billionaire of China Cai Xiaoru with Chairman of Supreme Global Holdings, R. M. Manivannan in SupremeSAT’s Pallakele satellite control center.Tags: Print EditionCai Xiaoru,...

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Lanka Ashok Leyland shows strong 3Q-2017 performance

BusinessUmesh GautamTags: Print EditionLanka Ashok Leyland carried its remarkable quarterly performance into the New Year with a remarkable 3rd quarter performance.Revenue grew 52% for the first nine...

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First purpose built Tier 3 Data Centre opens today

BusinessTags: Print EditionSri Lanka Telecom PLC (SLT) will launch its newly built, state-of-the-art, Tier 3 (Tier III) Data Centre at Pitipana, Homagama today with the visiting Indian Minister, Ravi...

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‘Lanka could be among top four ICT destinations’

BusinessShirajiv SirimaneTags: Print EditionIndia has made tremendous progress and is ranked among the top four ICT destinations in the world. Sri Lanka with high literacy rate and high use of internet...

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Indonesia’s stock exchange collapses

BusinessTags: Print EditionMore than 70 people were injured after a mezzanine floor at the Indonesia Stock Exchange collapsed onto the building’s lobby on Monday. Police cordoned off the complex as...

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KIU commences new academic year

BusinessMinister Dr. Rajitha Senaratne, Minister of Health, Nutrition and Indigenous Medicine and other distinguish guests lighting the oil lamp.Tags: Print EditionThe inauguration ceremony of the 3rd...

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Beruwala Gem and Jewellery Traders Association conducts workshop

BusinessM S M AkramTags: Print EditionA workshop on the installation of a modern Gem and Jewellery laboratory organized by the Beruwala Gem and Jewellery Traders Association was held at the Beruwala...

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NDB relocates Ratnapura branch

BusinessNDB bank officials at the opening.Tags: Print EditionNDB relocated its Ratnapura branch to a more spacious and a conveniently accessible location at Main Street, Ratnapura in a bid to provide a...

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Singer introduces Samsung smart convertible refrigerators in Sri Lanka

BusinessSamsung 5-in-1 convertible refrigerator by SingerTags: Print EditionSinger has been renowned over the years for their vast product portfolio of Samsung household appliances such as televisions,...

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‘One belt, one road, green light for FDI’

BusinessShirajiv SirimaneTags: Print EditionForbes listed young billionaire of mainland China, Cai Xiaoru, gave thumbs up for Sri Lanka and said that Sri Lanka remains a good destination for...

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Lankans spend more on food, apparel in holiday season

BusinessTags: Print EditionVisa has released spend data for the month of December 2017, indicating a spike in spending across categories in particular, across apparel, food & groceries and home...

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CB clarifies on forensic audit

BusinessTags: Print EditionThere has been a call for an immediate statement from the Central Bank of Sri Lanka on whether there have been any irregularities in the issuing of government securities...

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Market Statistics on 16-01-2018

BusinessTags: Print EditionWednesday, January 17, 2018 - 01:00

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Coconut Products – Prices on 16-01-2018

BusinessTags: Print EditionWednesday, January 17, 2018 - 01:00

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Unemployment rate for 3Q 2017 reaches 4.2%

BusinessTags: Print EditionThe Department of Census and Statistics in their labour survey states that unemployment among females is higher than that of males, in all age groups.Youth and female...

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Exchange Rates 16-01-2018

BusinessTags: Print EditionWednesday, January 17, 2018 - 01:00

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Producer’s Price Index up 1.3 points in November 2017

BusinessTags: Print EditionProducer’s Price Index for all economic activities which include, agriculture, manufacturing and electricity and water supply increased slightly by 1.3 index points to 130.2...

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Financial News -Date: 16-01-2018

BusinessTags: Print EditionWednesday, January 17, 2018 - 01:00

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ADB provides additional funds to support SME development in SL

BusinessTags: Print EditionThe Asian Development Bank’s (ADB) Board of Directors has approved $75 million in additional financing to continue support toward the development of small and medium-sized...

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