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Friday January 21st, 2022

Sri Lanka Jetwing plans hotels in Kandy, Arugam Bay

EconomyNext - Sri Lanka's Jetwing Hotels group plans to start building new hotels in the island's central hills and on t...

1 min read

Sri Lankan apparel sees strong demand in UK

EconomyNext - Top clothing brands in the United Kingdom see strong opportunities to buy from Sri Lanka with the island's...

2 min read

Sri Lanka bond market insider dealing allegations to be probed: Ministers

COLOMBO (EconomyNext) - Alleged insider dealing in Sri Lanka government securities markets by a firm connected to the fa...

7 min read

Sri Lanka Insurance Corp rating confirmed at 'BB-'

EconomyNext - Fitch Ratings Lanka has confirmed Sri Lanka Insurance Corporation Limited's (SLIC) Insurer Financial Stren...

3 min read

Sri Lanka to get visit by Japan's foreign affairs state minister

EconomyNext - Japan's State Minister for Foreign Affairs Minoru Kiuchi will arrive in Sri Lanka on Saturday 7th March 20...

1 min read

Sri Lanka to have investment facilitation agency

EconomyNext - Sri Lanka's new government plans to set up an investment facilitation agency to speed up approvals for inv...

1 min read

Sri Lanka, India to remove trade barriers, promote investment

EconomyNext - India and Sri Lanka have revived talks on upgrading their economic ties and to remove trade barriers with ...

2 min read

Sri Lanka hotelier says bribery, red tape deterring investors

EconomyNext - A top Sri Lankan hotelier has said corruption and inefficient regulation were delaying or deterring local ...

3 min read

Sri Lanka to give justice to victims of securities fraud: SEC Chief

COLOMBO (EconomyNext) - Sri Lanka's stock market regulator is making efforts to bring those who engaged in securities fr...

1 min read

Sri Lanka China City to be temporarily suspended

COLOMBO (EconomyNext) – Sri Lanka will "temporarily, immediately suspend" a China City being reclaimed from the s...

1 min read

Sri Lanka listed company profit growth slows in fourth quarter

EconomyNext - Profit growth of Sri Lankan listed companies slowed in the fourth quarter of 2014 with banks accounting fo...

2 min read

Cairn cuts spending, Mannar Basin talks next week

EconomyNext - Cairn India Limited (CIL) has announced it was cutting spending owing to sharply lower oil prices while a ...

2 min read

Sri Lanka probes alleged bribes to US lawmakers

COLOMBO, March 4, 2015 (AFP) - Sri Lanka Wednesday announced an investigation into claims that unidentified US politicia...

2 min read

IMF pours cold water on Sri Lanka budget deficit, revenue targets

COLOMBO (EconomyNext) – Sri Lanka's 2015 revised budget deficit target of 4.4 percent of gross domestic product w...

2 min read

Sri Lanka poultry firm gains from lower raw material costs

EconomyNext - Lower prices of key imported raw materials helped Ceylon Grain Elevators, a unit of Prima Limited, Singapo...

2 min read

Sri Lankan stocks slump to three-week low

EconomyNext - Sri Lankan stocks slumped for the fourth successive session Wednesday, its lowest in three weeks, as risin...

1 min read

Sri Lanka urged by IMF to have fall back option if revenue measures fail

EconomyNext - The International Monetary Fund (IMF) has advised Sri Lanka to have contingency measures to keep the gover...

3 min read

Sri Lanka port visit by Pakistani frigate

EconomyNext - A Pakistan Navy ship, Zulfiquar, called at Sri Lanka's eastern port of Trincomalee on 3 March 2015 on a fo...

1 min read

Sri Lanka has no immediate need for BOP support: IMF

COLOMBO (EconomyNext) – Sri Lanka has no immediate need for balance of payments support though foreign reserves h...

2 min read

Sri Lanka to sell US$50mn 3 and 10-year floating rate bonds

COLOMBO (EconomyNext) – Sri Lanka has called offers to sell 3 and 10 year dollar denominated bonds with a floatin...

1 min read