Notable
Group remains cautiously optimistic amid potential shifts in global markets, particularly in the United States
Though still at a nascent stage, exports remain an important component of the company’s long-term growth agenda
Indian companies have, particularly coming to Sri Lanka because there are a lot of cultural bonds, historical ties
To make many energy intensive industries energy efficient and decarbonize themselves
Income tax also raised to 45 percent
We will be renewing the discussions with the government to convert 21 fisheries harbours partly for mini marinas
We expect Lion to maintain its solid market position in the local beer industry over the medium term
Many businesses and industries are now at the point of collapse
The plant has a capacity to assemble 50,000 vehicles a year
Sri Lanka has been trying to attract more investors into its mining resources
Company also took steps to export tobacco leaf which partially mitigated the loss in overall turnover
GEF grants USD5mn to Ministry of Environment and UNDP to implement project on chemical disposal
More than 600 acres would be acquired
To keep ingredient and food service supply divisions
The firm has shifted operations to Ras Al-Khaimah in the UAE
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
A start-up accelerator backed by MAC Holdings hopes to support aspiring entrepreneurs, uni students commercialize ideas
Ministry of Industries pushes universities, business to work together to produce exportable, commercially-ready products
Old fines do not match the recent substantial rises in prices of goods and services, only small fines are made: Minister
Non-revenue water rise slightly
Currency crises, global inflation, default pushes up costs and delays deliveries
Will require new investments
Heineken brands to be produced by Distilleries
Tess Agro said it commenced a tin can manufacturing at its factory premises in Kelaniya.
The firms owed 6.7 billion rupees including fines
CCC raises concerns about VAT increase, says government should consider other options of increasing revenue.
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