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Sunday June 26th, 2022

Sri Lanka accounting body aims for greater clarity in reports

ECONOMYNEXT – Sri Lanka’s accounting standards body said it expects corporate financial reports to be more...

August 12, 2015 2 min read

Sri Lankan on suspected Diego Garcia expedition freed by Maldives

ECONOMYNEXT - A Sri Lankan who was on board a boat suspected to have been on a failed expedition to a remote Indian Ocea...

August 12, 2015 2 min read

Sri Lanka's Sangakkara plays last test match

ECONOMYNEXT - Sri Lanka's Kumara Sangakkara is playing his last test match in Galle, Sri Lanka against India.

August 12, 2015 1 min read

Seized companies must be returned, Sri Lanka investment chief says

ECONOMYNEXT – Companies taken over by the Sri Lankan government under a controversial law should be returned to t...

Rohan Gunasekera
August 12, 2015 1 min read

Sri Lanka's Microimage ties up with digital ad agency Antyra

ECONOMYNEXT - Microimage, a Sri Lanka based soft-ware company has tied up with Antyra Solutions a start-up digital adver...

August 12, 2015 2 min read

Sri Lanka vehicle registrations hit new high in July 2015 amid cheap credit

ECONOMYNEXT - Sri Lanka's vehicle registrations hit a new high of 61,953 units in July 2015, up 85 percent from a year e...

August 12, 2015 3 min read

Sri Lanka expects to win GSP+ from EU "within months"

(Reuters) - Sri Lanka is likely to regain a lucrative European Union trade concession for garments exports, the governme...

Ranga Srilala
August 12, 2015 2 min read

Vote break for Sri Lanka criminal suspect candidates

ECONOMYNEXT - Sri Lanka's police have agreed to a request from the elections chief to go easy on criminal suspects who a...

Our Political Correspondent
August 11, 2015 1 min read

Nestlé Sri Lanka unit June net up 33-pct

ECONOMYNEXT – Nestlé Lanka, the Sri Lankan unit of the Swiss food multinational, said June 2015 quarter net pr...

August 11, 2015 1 min read

Sri Lanka BOP pressure gains traction; lessons from Greece: Bellwether

ECONOMYNEXT - Sri Lanka is now proceeding steadily into greater balance of payments pressure, with some mild signs of de...

August 11, 2015 15 min read

Transparency needed to attract FDI to Sri Lanka: Australian envoy

ECONOMYNEXT – Foreign investors will consider investing in Sri Lanka only if the country is committed to transpar...

August 11, 2015 1 min read

Sri Lankan shares near 7-month closing high; stability hopes help

COLOMBO, Aug 11 (Reuters) - Sri Lankan shares rose more than 1 percent on Tuesday to end near their highest level in nea...

August 11, 2015 1 min read

China Yuan down 2.0-pct after 'devaluation, Ringgit down 13-pct, Yen down -4 percent

(Reuters) - Global policymakers, including those at some of Asia's most intervention-minded central banks, are holding t...

August 11, 2015 4 min read

Sri Lanka port to take 400 years to pay off investment: Eran

ECONOMYNEXT – A Chinese-funded and built port in Sri Lanka’s southern Hambantota could take 400 years to p...

August 11, 2015 1 min read

Sri Lanka to sign deal with Volkswagen this week

ECONOMYNEXT – Sri Lanka’s government will sign a deal with Volkswagen this week to make vehicles for expor...

August 11, 2015 1 min read

Japan to loan Yen24.9bn to upgrade Sri Lanka power grid, cut system losses

ECONONYNEXT - Japan International Corporation Agency said it will loan 24.93 billion yen (26 billion rupees) to upgrade ...

August 11, 2015 1 min read

Sri Lanka Finlays plantations firms make losses in June quarter

ECONOMYNEXT – Two regional plantations companies owned by the Finlays group have both reported losses in the June...

August 11, 2015 2 min read

Sri Lanka Access Engineering June net up 10-pct

ECONOMYNEXT – Sri Lanka’s Access Engineering said June 2015 quarter net profit rose 10 percent to 600 mill...

August 11, 2015 1 min read

Sri Lanka seeks compromise on China-backed port city project

(Reuters) - Sri Lanka is offering a compromise that could allow a major Chinese-backed real estate project to restart af...

Shihar Aneez
August 11, 2015 2 min read

Sri Lanka's UNP likely to get most seats in August polls: scenario analysis

ECONOMYNEXT - In a scenario analysis by our political correspondent on the 2015 parliamentary polls, the United National...

August 10, 2015 3 min read