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Monday October 25th, 2021

Sri Lanka stocks among top performing markets in 2014

EconomyNext - Colombo's stock market saw a record 106 billion rupees of foreign buying in 2014 and was one of the top si...

1 min read

Sri Lanka budget deficit 5.0-pct of GDP by Sept 2014 amid slow revenues

Sri Lanka has posted a budget deficit of about 5.0 percent of gross domestic product for the first nine months of the ye...

2 min read

Merchant Bank of Sri Lanka, DFCC Bank unit mergers on track: regulator

The merger of units of Merchant Bank of Sri Lanka and DFCC Bank is in the final stages with the Treasury also freeing th...

1 min read

Sri Lanka's casino champion switches to opposition

COLOMBO, Dec 31, 2014 (AFP) - The key defender of Sri Lanka's controversial casino policy quit the government Wednesday ...

2 min read

Sri Lanka's Vidullanka ups stake in Panasian Power

EconomyNext - Sri Lankan hydropower firm Vidullanka said it had bought 10.5 million shares of Panasian Power on December...

1 min read

Sri Lanka inflation 2.1-pct in December 2014

EconomyNext - Consumer prices in the Sri Lankan capital Colombo picked up by 2.1 percent in December from a year ago aft...

2 min read

Sri Lankan stocks pushed up on low volumes

(EconomyNext) - Sri Lankan stocks closed the year marginally higher Wednesday with index heavyweights pushed up on small...

1 min read

Sri Lanka coroners back Rajapakse

President Mahinda Rajapakse has received strong support from inquirers into sudden deaths. They hold honorary appointmen...

a Special Correspondent

1 min read

Vietnam's economy expands 5.98-pct in 2014

Vietnam's economy grew 5.98 percent in 2014, the highest for three years, despite a festering banking crisis and damagin...

1 min read

Sri Lanka to supply piped water to region with kidney disease

South Korea's Export-Import Bank (Korea Eximbank) has loaned Sri Lanka 79 million US dollars to supply piped water to ar...

2 min read

Sri Lanka Browns group buys Maldivian island to build resort

EconomyNext - Sri Lanka's Browns Group has bought a Maldivian island for 1.5 million US dollars (195 million rupees) to ...

1 min read

Bodies, debris found of missing AirAsia plane found at sea - Update

The hunt for a missing AirAsia passenger plane appeared at an end Tuesday as wreckage and bodies were spotted at sea off...

4 min read

Tamil party endorses opposition in Sri Lanka polls

Sri Lanka's largest Tamil party Tuesday endorsed the main opposition candidate in next week's election, accusing Preside...

Amal Jayasinghe

3 min read

Sri Lanka govt to issue 12-pct bond to cover pensioner deposit scheme

EconomyNext - Sri Lanka's government will issue a bond to banks at an annual tax-free interest of 12 percent to cover ex...

1 min read

Sri Lankan stocks end marginally up on low volumes

(EconomyNext) - Sri Lankan stocks closed marginally firmer Tuesday in choppy trade with volumes low given the holiday mo...

1 min read

Sri Lanka main Tamil party to support opposition in next week's presidential poll

EconomyNext - Sri Lanka's main minority Tamil party said they would support opposition presidential candidate Maithripal...

2 min read

US sends warship as Indonesia expands search for AirAsia plane

JAKARTA, Dec 30, 2014 (AFP) - A US warship Tuesday joined an expanded search for an AirAsia passenger plane missing off ...

5 min read

Sri Lanka shippers to see low freight rates in 2015

EconomyNext - Container freight rates are likely to fall further in 2015 given the significant over-capacity in shipping...

1 min read

Sri Lanka port adds capacity as vehicle transhipment grows

EconomyNext - Sri Lanka's southern port of Hambantota plans to increase capacity for parking as vehicle transhipment vol...

1 min read

Sri Lankan stocks end down in thin trade

(EconomyNext) - Sri Lankan stocks closed weaker Monday in thin trade with indices pushed down by losses in index heavywe...

1 min read