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Four risks in Global Economy Lanka should watch
BusinessAdam CollinsTags: Print EditionThe world economy appears to be booming – in its latest World Economic Outlook Update, published January 22; the International Monetary Fund (IMF) estimated that...
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Sri Lanka’s opportunity to leverage high-end Tourism with reclaimed beaches
BusinessDr. Surath WickramasingheTags: Print EditionThe recent proposals of the Megapolis Ministry to reclaim the sea around the Galle Face Green and to extend it Southwards to Dehiwela, is a...
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Bitcoin dips below $8,000. India latest buzzkill
BusinessTags: Print EditionBitcoin's rollercoaster ride has taken another plunge, and India may be to blame.The price of bitcoin dropped below $8,000 on Friday before recovering slightly. It had...
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Apple sells fewer phones but profits rise
BusinessTags: Print EditionApple sold slightly fewer iPhones in the final three months of 2017 than it did the year before, but higher prices compensated for the dip.The firm reported a record $20bn...
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Oman beckons Lankan investment for Sohar Free-zone
BusinessIndunil HewageOman Ambassador to Sri Lanka Al-Sheikh Jumah Hamdan Al-Shehhi presented a memento by officials of the National Chamber of Commerce of Sri Lanka. Picture by Sarath PierisTags:...
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CSE awarded ISO 9001:2015 Certification for Quality Management in HR
BusinessNushara Fonseka, CSE HR, Patricia Dyonisius CSE HR, Manesh Umakanthan - Bureau Veritas, Arjuna Somaratna, Somaratana Consultants, Rajeeva Bandaranaike, CSE CEO, Shan Nanayakkara, Bureau Veritas...
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Lanka performing well at primary education level-IPS survey
BusinessDushni WeerakoonTags: Print EditionSignificant policy gaps exist when it comes to secondary and tertiary education an IPS survey revealed recently.It also said that Sri Lanka has been...
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NDB closes 2017 with impressive Rs 7.5 bn PBT
BusinessCEO - Dimantha Seneviratne, Chairman - Ananda AtukoralaTags: Print EditionNational Development Bank PLC (NDB) completed the financial year ending December 31, 2017 with impressive performance...
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CEA approved biodegradable wrapping sheets, bags to market
BusinessAnanda KannangaraMervyn Dias Tags: Print EditionThe country’s first biodegradable and compostable food wrapping sheets and bags approved by the Central Environmental Authority manufactured by...
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Ceylon Hotels Cor. enters into joint venture for US$ 50mn hotel in Maldives
BusinessGalle Face HotelTags: Print EditionCeylon Hotels Corporation Plc (CHC) announced that its group company Ceylon Hotels Maldives (Pvt) Ltd (CHML) has entered into a 50: 50 Joint Venture with Zhen...
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Women entrepreneurs to benefit from US$ 15mn IFC creditline
BusinessTags: Print EditionThe International Finance Corporation (IFC), a member of the World Bank Group, has proposed to extend a US $ 15 million loan to Senkadagala Finance PLC (SFCL).This is to...
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Malaysia and Singapore to set up stock market trading link
BusinessTags: Print EditionMalaysia and Singapore will set up a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year, regulators from both...
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The Footwear and Leather Exhibition 2018
BusinessTags: Print Edition The Footwear and Leather Exhibition 2018 organised by the Sri Lanka Footwear and Leather Products Manufacturers Association in collaboration with the Ministry of Industry...
View ArticleSLCSMI industrial excellence awards on Friday
BusinessTags: Print EditionThe Sri Lanka Chamber of Small and Medium Industries (SLCSMI) will host the “Industrial Excellence Awards 2017” on Friday at Ramada Hotel, Colombo.Governor of the Central...
View ArticleEuropean shares tumble in new sell off
BusinessTags: Print EditionEuropean markets have followed Asian markets lower on Tuesday as investors continued to dump shares.London, Frankfurt and Paris all fell sharply at the open with losses of up...
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BP profits double on higher oil price
BusinessTags: Print EditionBP’s annual profits more than doubled in 2017, largely thanks to the global increase in oil prices.The oil giant made $6.2bn ($4.4bn), up from $2.6bn made during the previous...
View ArticleChinese consumption posts faster growth than GDP
BusinessTags: Print Edition Consumption has remained the primary force driving China’s economic growth in the past four years, with its growth rate 3.2 percentage points higher than GDP on average,...
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ICTA empowers import export control department
BusinessMalik Samarawickrama, Minister of Development Strategies and International Trade; Sujeewa Senasinghe, State Minister of International Trade; Wasantha Deshapriya, Secretary, Ministry of...
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IASL ready to celebrate life’s superheroes
Announces the enhancement of Life Insurance Industry Sales Awards 2018 BusinessTags: Print EditionThe Insurance Association of Sri Lanka (IASL), declared the commencement of the Life Insurance Sales...
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Market Statistics on 06.02.2018
BusinessTags: Print EditionWednesday, February 7, 2018 - 01:00
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