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Monday June 27th, 2022

Oil drops for 5th week; US crude in biggest monthly fall since 2008

(Reuters) - U.S. crude posted its biggest monthly drop since the 2008 financial crisis on Friday after a string of losse...

August 1, 2015 2 min read

Bullet proof armadillo returns fire to man

(Reuters) - An East Texas man was wounded after he fired a gun at an armadillo in his yard and the bullet ricocheted bac...

August 1, 2015 1 min read

Deadly shooting at Sri Lanka election rally

(AFP) - Masked gunmen opened fire at an election rally headlined by Finance Minister Ravi Karunanayake in Sri Lanka's ca...

August 1, 2015 4 min read

Sri Lanka to subsidize six apparel factories in north

ECONOMYNEXT - Sri Lankan tax payers will subsidize six apparel factories in and around former zones in the north, in a b...

August 1, 2015 1 min read

Machine gun killing an act of political terror: Sri Lanka Finance Minister

ECONOMYNEXT - Machine gun-wielding masked gunmen sprayed bullets in an act of political terror killing at least one pers...

July 31, 2015 2 min read

Sri Lankan hydropower project covered by China Export Insurance Corp

ECONOMYNEXT – Sri Lanka has decided to accept China Export and Credit Insurance Corporation (SINOSURE) as a combi...

July 31, 2015 1 min read

Gunmen kill one, injure 12 in Sri Lanka election violence

ECONOMYNEXT - At least one person was killed and 12-injured after gunmen shot at a group of people campaigning for Sri L...

July 31, 2015 1 min read

Thomas Cook India buys Sri Lanka travel firm

ECONOMYNEXT - Thomas Cook (India) Ltd, said it had bought Luxe Asia, a Sri Lanka-based travel company that with partners...

July 31, 2015 1 min read

Sri Lanka trims cost of two water supply projects

ECONOMYNEXT – Sri Lanka’s new government has managed to reduce the cost of two water supply schemes to tow...

July 31, 2015 1 min read

Sri Lankan exporters to help draw govt policy

ECONOMYNEXT – The Sri Lankan government accepts a call by exporters to be involved in shaping the country’...

July 30, 2015 2 min read

Sri Lankan shares end at more-than-5-month high

COLOMBO, July 30 (Reuters) - Sri Lankan shares ended at their highest in more than five months on Thursday, as investors...

July 30, 2015 1 min read

Sri Lanka index shows 'deflation' as prices rise for fourth straight month

ECONOMYNEXT - Sri Lanka's 12-month inflation turned a negative 0.2 percent in July 2015, though prices rose four the fou...

July 30, 2015 2 min read

Sri Lanka's John Keells Holdings profits maintained on consumer boom, ports

ECONOMYNEXT - Profits at Sri Lanka's John Keells Holdings, a diversified group, were flat at 2.1 billion rupees in the J...

July 30, 2015 1 min read

Sri Lanka anti-corruption commissioners refusing to work

ECONOMYNEXT – Sri Lanka’s anti-corruption commission has been made defunct by commissioners appointed by t...

July 30, 2015 2 min read

Sri Lankan exporters asked to aim for 100-pct of GDP target

ECONOMYNEXT – Sri Lanka’s Deputy Minister of Policy Planning Harsha De Silva has set exporters a new targe...

Rohan Gunasekera
July 30, 2015 2 min read

National Trust Bank, Sri Lanka, net up 26-pct

ECONOMYNEXT - Profits at Sri Lanka's Nations Trust Bank (NTB) rose 26 percent from a year earlier to 765 million US doll...

July 30, 2015 2 min read

Sri Lanka’s Hayleys Fabric June net up sharply

ECONOMYNEXT - Hayleys Fabric said June 2015 quarter net profit shot up 653 percent to 35 million rupees from a year ago ...

July 30, 2015 1 min read

Japan's Mitsui Sumitomo Insurance buys in to Sri Lanka's Ceylinco Insurance

ECONOMYNEXT - Japan's Mitsui Sumitomo Insurance had bought a 6 percent stake in Sri Lanka's Ceylinco Insurance Plc, for ...

July 30, 2015 1 min read

China has no hidden agenda on maritime silk route move: envoy to Sri Lanka

ECONOMYNEXT - China's 21st Century Maritime Silk Route is a trade and economic initiative with no hidden security agenda...

July 30, 2015 2 min read

China to give kidney hospital, US250mn in grants to Sri Lanka

ECONOMYNET - China will build a 100 million dollar specialized hospital to treat a mysterious kidney disease that is str...

July 29, 2015 2 min read