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Sunday June 26th, 2022

Sri Lanka Fitch confirms Ceylon Dollar Bond Fund at 'BB-'/'V-5'

ECONOMYNEXT - Fitch Ratings has affirmed Ceylon Dollar Bond Fund's Fund Credit Quality Rating of 'BB-' with a volatility...

August 5, 2015 5 min read

Sri Lankan shares gain on hopes of political stability, earnings

COLOMBO, Aug 5 (Reuters) - Sri Lankan shares ended at their highest in more than six months on Wednesday with strong tur...

August 5, 2015 1 min read

Expolanka June quarter net up 28-pct

ECONOMYNEXT – Expolanka Holdings said June 2015 net profit rose 28 percent to 222 million rupees from a year ago ...

August 5, 2015 2 min read

Sri Lanka guarantees freedom for business, strong foreign relations: President

ECONOMYNEXT - Sri Lanka's government will not interfere in private business and will build friendly relations with all c...

August 5, 2015 2 min read

Sri Lanka's Vidullanka Plc, inks PPA with Uganda power grid

ECONOMYNET - Sri Lanka based Vidullanka Plc, a mini hydro power company said it had struck a power purchase agreement (P...

August 5, 2015 1 min read

Sri Lanka Treasuries yields up despite debt monetization

ECONOMYNEXT - Sri Lanka's Treasury 6 and 12-month Treasury bill yields rose at Wednesday's auction data from the state d...

August 5, 2015 1 min read

Sri Lanka could join TPP, think of trade and investment as one: Razeen Sally

ECONOMYNEXT - Sri Lanka could apply to be part of an evolving Trans-Pacific Partnership while pursuing a free trade agre...

August 5, 2015 3 min read

China beats India to become Sri Lanka's top tourist market in July

ECONOMYNEXT - Sri Lanka's tourist arrivals rose 31 percent from a year earlier to 175,804 in July 2015 with China becomi...

August 5, 2015 1 min read

Sri Lankan exporters told how social media cuts costs, expand markets

ECONOMYNEXT – Use of social media can help exporters reach wider markets at lower cost if they use the right tool...

Rohan Gunasekera
August 5, 2015 2 min read

Free trade will benefit ordinary Sri Lankans, not elites: Razeen Sally

ECONOMYNEXT - Free trade benefits ordinary people of Sri Lanka and not just elites, but for more than half a century Mer...

Asantha Sirimanne
August 5, 2015 6 min read

Lanka Indian Oil Corp June quarter net down

ECONOMYNEXT – Lanka Indian Oil Corporation said June 2015 quarter net profit fell 86 percent to 171 million rupee...

August 4, 2015 1 min read

Sri Lanka needs new export finance instruments: Eran

ECONOMYNEXT – Sri Lanka’s government will help develop new export finance instruments as part of an initia...

Rohan Gunasekera
August 4, 2015 3 min read

Sri Lankan shares slip from near six-month high on profit-taking

COLOMBO, Aug 4 (Reuters) - Sri Lankan shares fell on Tuesday from their highest in nearly six months as investors took p...

August 4, 2015 1 min read

Sri Lanka offers for US100mn floating rate bonds

ECONOMYNEXT - Sri Lanka has offered to sell 100 million US dollars of floating rate bonds of 1-year 7-months and 2-year ...

August 4, 2015 1 min read

Sri Lanka should overhaul state agencies, give easy services to public: PM

ECONOMYNEXT - Sri Lanka has to overhaul state agencies so that public would be able to get services and approvals from t...

August 4, 2015 2 min read

Stuffing political henchmen to Sri Lanka private banks could end

ECONOMYNEXT - The stuffing of political appointees to private banks using voting rights of stocks bought by state-contro...

August 4, 2015 2 min read

Sri Lanka has to free consumers, liberalize factor markets, slash state controls: PM

ECONOMYNEXT - Sri Lanka has to move to the next generation of reforms, liberalizing factor and product markets and also ...

August 4, 2015 3 min read

Sri Lanka's Ceylon Chamber economic policy forum starts Tuesday

ECONOMYNEXT - Sri Lanka's Economic Summit 2015, an annual policy forum with the participation of Sri Lanka's President M...

August 4, 2015 1 min read

Sri Lanka’s Dockyard seeks to expand in Colombo port

ECONOMYNEXT – Sri Lanka has drawn almost four billion US dollars worth of foreign direct investment this year, in...

August 4, 2015 2 min read

Sri Lanka’s Haycarb profit grows slowly in June quarter

ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb reported slow growth in profit...

August 3, 2015 2 min read