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Thursday August 18th, 2022

Sri Lanka FMCG, manufacturing firm earnings seen up

ECONOMYNEXT – Sri Lankan fast moving consumer goods and manufacturing companies are expected to report higher ear...

October 13, 2015 2 min read

Sri Lankan stocks mark 2-wk closing low; budget, corporate earnings eyed

COLOMBO, Oct 13 (Reuters) - Sri Lankan shares closed at their lowest level in two weeks on Tuesday as investors waited f...

October 13, 2015 1 min read

Sri Lanka Fitch assigns 'BB(lka)' rating to Bimputh Finance

ECONOMYNEXT - Fitch Ratings Lanka has assigned Bimputh Finance PLC (Bimputh) a National Long-Term Rating of 'BB(lka)' wi...

October 13, 2015 3 min read

Sri Lanka begins shift to apartment living

ECONOMYNEXT – Population growth and rapid urbanisation has put Sri Lanka on the verge of making the transition to...

October 13, 2015 2 min read

Sri Lankan rupee weaker ; stocks little changed

(Reuters) - The Sri Lankan rupee was trading weaker on Tuesday due to importer dollar demand and weak exporter dollar sa...

October 13, 2015 1 min read

Anushka Wijesinha appointed chief economist at Sri Lanka biz chamber

ECONOMYNEXT - Sri Lanka's Ceylon Chamber of Commerce has appointed Anushka Wijesinha, as its chief economist to run its ...

October 13, 2015 2 min read

Sri Lanka prints over 200 billion rupees, generating BOP pressure

ECONOMYNEXT - Sri Lanka has printed 200 billion rupees in the past four months to October 2015, to finance a budget defi...

October 13, 2015 5 min read

Sri Lanka electric vehicle registrations soar to all time high in September; Leaf leads

ECONOMYNEXT - Sri Lanka's new electric vehicle (EV) registrations hit a new high of 471 units in September 2015, up from...

October 13, 2015 4 min read

Tendulkar pushes Sri Lanka’s sanitation drive of potty politicians

ECONOMYNEXT - Indian mega star Sachin Tendulkar is pushing a major sanitation drive in Sri Lanka encouraging children to...

Namal Suvendra
October 13, 2015 2 min read

Candor launches Sri Lanka closed-end mutual fund

ECONOMYNEXT – Sri Lanka’s Candor Asset Management (Pvt) Ltd. (CAM), a fund manager, said it will launch a ...

October 12, 2015 2 min read

Sri Lankan stocks end little changed; corporate earnings eyed

COLOMBO, Oct 12 (Reuters) - Sri Lankan stocks closed little changed in dull trade on Monday as investors waited for earn...

October 12, 2015 1 min read

SriLankan Airlines launches drive to return to profitability

ECONOMYNEXT – Sri Lanka’s loss-making national carrier, SriLankan Airlines, said it has launched an initia...

October 12, 2015 1 min read

Sri Lanka HDFC Bank's senior debentures rated 'BBB(lka)'

ECONOMYNEXT - Fitch Ratings said it has assigned Housing Development Finance Corporation Bank of Sri Lanka's (HDFC Bank)...

October 12, 2015 2 min read

Sri Lankan rupee steady in dull trade; stocks up

(Reuters) - The Sri Lankan rupee was trading steady in dull trade on Monday as dollar selling by banks offset importer d...

October 12, 2015 1 min read

Gold hits 7-week high as traders bet on U.S. rate hike delay

(Reuters) - Gold rose to 7-week highs on Monday as expectations that the Federal Reserve will postpone an expected U.S. ...

October 12, 2015 2 min read

Si Lanka's Laugfs Gas buys Petredec of Bangladesh

ECONOMYNEXT - Sri Lanka -based Laufgs group said it had bought control of Petredec Elpiji Ltd of Bangladesh, a liquefied...

October 12, 2015 1 min read

Sri Lanka private pension schemes seen misleading

ECONOMYNEXT – Private pensions schemes promoted as old age security for Sri Lankans are misleading as most offer ...

October 12, 2015 2 min read

Sri Lanka improves fiscal transparency

ECONOMYNEXT - Sri Lanka's 'Yahapalanaya' administration which promised 'good governance' has started to re-publish month...

October 12, 2015 2 min read

Sri Lanka budget deficit overshoots 2015 target in July

ECONOMYNEXT - Sri Lanka's budget deficit has been fully domestically financed up to July 2015, with the seven month gap ...

October 12, 2015 3 min read

EU bank could demand loans back from VW - EIB chief in paper

(Reuters) - The European Investment Bank (EIB) will examine whether Volkswagen used any loans from the European Union to...

October 12, 2015 2 min read