An Echelon Media Company
Thursday December 2nd, 2021

Sri Lanka MTD Walkers says to await outcome of well water pollution probe

EconomyNext - Sri Lanka's MTD Walkers has asked the public in northern Jaffna to wait for the outcome of an official inq...

1 min read

Sri Lanka DFCC Bank December net up 90-pct

EconomyNext - Sri Lanka's DFCC Bank said December 2014 quarter net profit rose 90 percent to 1.5 billion rupees from a y...

2 min read

Sri Lanka's Urban Development Authority gets new chief

COLOMBO (EconomyNext) - Sri Lanka's Urban Development Authority said Ranjith Fernando, a senior retired banker had taken...

2 min read

Sri Lanka's Aitken Spence net down 19-pct in Dec 2014 quarter

COLOMBO (EconomyNext) – Profits at Sri Lanka's Aitken Spence group, which has interests in leisure, logistics and...

1 min read

Sri Lanka Hayleys Dec 2014 quarter net up 117-pct

COLOMBO (EconomyNext) - Profits at Sri Lanka's Hayleys group surged 117 percent from a year earlier to 735 million rupee...

1 min read

Sri Lanka finance minister slams auditors, says former regime blocked reforms

EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said the ousted Rajapaksa government had blocked public sect...

3 min read

Sri Lanka opposition praises privatization, warns on retrospective tax fallout

COLOMBO (EconomyNext) - In a role reversal Sri Lanka's main opposition party praised the benefits of privatization and w...

3 min read

Sri Lanka appoints new chief to bribery office

COLOMBO (EconomyNext) - President Maithripala Sirisena has appointed Dilkurshi Dias Wickremasinghe, as director general ...

2 min read

Sri Lanka stocks end up 0.8-pct

EconomyNext - Sri Lankan stocks ended higher Wednesday driven up by investors enthusiastic over improved corporate profi...

2 min read

Sri Lanka's Aitken Spence looks to expand investments in Fiji

EconomyNext (Colombo)- Sri Lanka’s diversified listed firm Aitken Spence PLC which repaired and operates two port...

1 min read

Sri Lanka's First Capital December net up 42-pct

EconomyNext - Sri Lanka's First Capital Holdings said December 2014 quarter net profit rose 42 percent to 226 million ru...

2 min read

Sugathadasa back as Sri Lanka insurance regulator

COLOMBO (EconomyNext) - Indrani Sugathadasa, a retired civil servant has been re-appointed as chairperson of the Insuran...

1 min read

Sri Lanka's Aberdeen Holdings buys into power firm

COLOMBO (EconomyNext) - Aberdeen Holdings (Pvt) Ltd, a privately held investment company, has bought into Vidullanka a h...

1 min read

Sri Lanka revised budget could stoke inflation, debt path uncertain: Moody's

COLOMBO (EconomyNext) - A revised budget with a "suggested" deficit of 4.4 percent of gross domestic product supports Sr...

2 min read

Sri Lanka, Philippines seek direct flights

EconomyNext - Sri Lanka and the Philippines are to renew a trade deal signed in 1980, which has remained inactive, with ...

2 min read

Sri Lanka's Hambantota port draws Japanese car carrier

EconomyNext - Japanese logistics and freight forwarder SEALS Company has begun using Sri Lanka's southern port of Hamban...

1 min read

Sri Lanka stocks hover close to pre-budget level

EconomyNext - Sri Lankan stocks ended higher for the fourth day Tuesday, just short of erasing losses suffered in a pani...

2 min read

ICT

Sri Lanka's MillenniumIT to drive derivative exchange in India

COLOMBO (EconomyNext) – Sri Lanka's MillenniumIT, a unit of London Stock Exchange said it has been selected by In...

2 min read

Sri Lanka rupee in restricted trade, money rates higher

COLOMBO (EconomyNext) - Sri Lanka's rupee continued to trade under tight restrictions and moral suasion with the spot US...

2 min read

Lanka Tiles December quarter profit stagnant

EconomyNext - Lanka Tiles, a Sri Lankan floor tile manufacturer, said December quarter net profit was virtually stagnant...

1 min read