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Friday January 21st, 2022

Sri Lankan finance minister says to defend exchange rate

EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said Wednesday he believed the rupee could stay at current l...

2 min read

Sri Lankan stocks edge down, Marawila Resorts falls after Rights

EconomyNext - Sri Lanka's benchmark stock index sank again for the third straight day Wednesday, dragged lower by fallin...

2 min read

Sri Lanka to get visit by UN political chief

EconomyNext - The United Nations is sending the head of its political affairs department to Sri Lanka over the weekend a...

1 min read

Sri Lanka exports up 2.2-pct in Dec 2014, full-year up 7-pct

COLOMBO (EconomyNext) – Sri Lanka's exports rose 2.2 percent from a year earlier to 1,009 million US dollars in D...

1 min read

Sri Lanka ex-CB Governor defends deal with Strauss-Kahn

COLOMBO (EconomyNext) - A deal with ousted International Monetary Fund chief Dominique Strauss-Kahn was made get advice ...

4 min read

Sri Lanka will not legislate private wages but talks ongoing: Deputy Minister

COLOMBO (EconomyNext) - Sri Lanka's new administration cannot legislate private sector wages but discussions are underwa...

2 min read

Sri Lanka tax increase on hybrid cars a 'mistake': energy minister

COLOMBO (EconomyNext) - The hiking of taxes on hybrids was a mistake, Energy Minister Champika Ranawaka who was a former...

2 min read

Sri Lankan stocks sink, Access, People's Leasing lure foreign buyers

EconomyNext - Sri Lankan stocks sank for the second straight day Tuesday, dragged lower by losses in index heavyweights,...

1 min read

Sri Lanka Access Engineering sets up East Africa unit

EconomyNext - Sri Lankan's Access Engineering has set up a unit in the Republic of Djibouti to purse construction projec...

1 min read

Singapore's Surbana to help re-design Sri Lanka mega city

COLOMBO (EconomyNext) – Singapore will help update a plan to build a 'megapolis' in Sri Lanka's Western Province ...

2 min read

Sri Lanka in new World Bank lending model

EconomyNext - The World Bank supports the new Sri Lankan government's reforms and is preparing a 'Systematic Country Dia...

2 min read

Sri Lanka's new fuel administration seeks to end distribution rackets

EconomyNext.com - New management in charge of Sri Lankan petroleum utilities have recommended changes to shipments and s...

Rohan Gunasekera

2 min read

Sri Lanka keeps rates unchanged amid rocketing credit, currency pressure

COLOMBO (EconomyNext) - Sri Lanka's Central Bank said it would keep policy interest rates unchanged as private credit hi...

3 min read

Sri Lanka slaps price controls, rulers punish SMEs after keeping prices up for years with taxes

COLOMBO (EconomyNext)- Sri Lanka's ruler have started punishing citizen-owned small businesses and others after keeping ...

4 min read

Sri Lanka and Singapore could expand links urban planning, public management: visiting FM

COLOMBO (EconomyNext) – Sri Lanka and Singapore could expand investment and co-operation in urban planning, publi...

2 min read

Maldives ex-President Nasheed refused bail, denied legal access

(AFP) A court in the Maldives on Monday refused bail to former president Mohamed Nasheed after he was arrested on terror...

4 min read

Sri Lanka Com Bank December quarter net up 2.15-pct

EconomyNext - Sri Lanka's Commercial Bank group said December 2014 quarter net profit rose 2.15 percent to 3.4 billion r...

2 min read

Maldives ex-President Nasheed dragged to court: MDP

COLOMBO (EconomyNext) – Ex-President of the Maldives islands Mohamed Nasheed, who was arrested Sunday over terror...

1 min read

Sri Lanka stocks edge up, active trading in FLC Hydro Power

EconomyNext - Sri Lanka's benchmark stock index closed higher Monday supported by gains in Ceylon Tobacco Company and CT...

1 min read

Sri Lanka energy utilities to adopt more effective management techniques

EconomyNext.com - Sri Lankan power and energy utilities will have to adopt modern Japanese-style '5S' and ISO-type stand...

2 min read