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Sunday June 26th, 2022

Sri Lanka stocks edge up to over 1-wk high on telecoms, inflows

COLOMBO, June 15 (Reuters) - Sri Lanka's stock index rose to a more than one-week high on Monday, led by telecom shares ...

June 15, 2015 1 min read
ICT

Sri Lankan scientists launch innovation dashboard to track R&D

COLOMBO (EconomyNext) –Sri Lankan scientists have launched a web-based tool called the Sri Lanka Innovation Dashb...

Rohan Gunasekera
June 15, 2015 3 min read

Sri Lanka tax bills delayed over opposition brinkmanship: Finance Minister

COLOMBO (EconomyNext) - Tax hikes proposed in a budget for 2014 were delayed over opposition brinkmanship, though he was...

June 15, 2015 3 min read

AirAsia CEO tells investors plans up to $300 mln bond issues, jet sales as shares slide

SINGAPORE, June 15 (Reuters) - AirAsia Bhd, Asia's biggest budget airline, plans to raise funds at loss-making associate...

June 15, 2015 3 min read
ICT

Sri Lanka's SupremeSAT license to be expanded

COLOMBO (EconomyNext) - SupremeSAT (Pvt) Ltd, a Sri Lanka based satellite company will be allowed to offer more services...

June 15, 2015 1 min read

Depreciating Sri Lanka rupee without export growth is ludicrous: Finance Minister

COLOMBO (EconomyNext) - Sri Lanka will not devalue the currency in a bid to support exporters as the move will increase ...

June 15, 2015 2 min read

Sri Lanka to make telephone records of stock orders mandatory: report

COLOMBO (EconomyNext) – Sri Lanka’s capital markets regulator, the Securities and Exchange Commission (SEC...

June 14, 2015 1 min read
ICT

Sri Lanka's Maharaja group to be awarded satellite pay TV license

COLOMBO (EconomyNext) - MTV Channel (Pvt) Ltd, a terrestrial broadcaster which is a unit of Sri Lanka's Maharaja group w...

June 14, 2015 2 min read

Sri Lanka revenues on track to grow 30-pct: Finance Minister

COLOMBO (EconomyNext) - Sri Lanka's state revenues are on track to increase to 30 percent, with increased with steep inc...

June 13, 2015 2 min read

India seeks to use its oil thirst to drive bargains

NEW DELHI (Reuters) - India is trying to use its position as one of the world's biggest energy consumers to strike bette...

June 13, 2015 3 min read

IMF board postpones decision on reform for three months

WASHINGTON (Reuters) - The International Monetary Fund's board on Friday decided to postpone by three months its decisio...

June 13, 2015 1 min read

Sri Lanka’s Hemas group mulls acquisitions with cash pile

COLOMBO (EconomyNext) – Sri Lanka’s Hemas Holdings group says it is looking at “transformationalâ‚...

June 13, 2015 1 min read

Sri Lankan shares recover after four-day fall

COLOMBO (EconomyNext) – Sri Lankan shares ended a four-day losing streak to close higher Friday with foreign inve...

June 12, 2015 1 min read

Two Sri Lankans get young leaders award from Queen

COLOMBO (EconomyNext) – Two Sri Lankans are among 60 people from across the Commonwealth to be honoured by the Qu...

June 12, 2015 2 min read

Sri Lanka mulls road user charges to combat congestion

COLOMBO (EconomyNext) – Sri Lankan policymakers are considering a proposal to introduce road user charges to cope...

Rohan Gunasekera
June 12, 2015 1 min read

Sri Lanka rupee falls to record low

COLOMBO, June 12 (Reuters) - The Sri Lankan rupee fell to a record low of 134 on Friday as a state-run bank, through whi...

June 12, 2015 2 min read

Sri Lanka should let market forces determine rupee rate - c.bank chief

COLOMBO, June 12 (Reuters) - Sri Lanka should let market forces determine its rupee exchange rate, central bank chief Ar...

June 12, 2015 2 min read

Tile imports high despite Sri Lankan protective tariffs

COLOMBO (EconomyNext) – Despite high import tariffs meant to protect local manufacturers, imported tiles still ac...

June 12, 2015 2 min read

Sri Lanka earns millions from Lamborghini cars imported without tax: Finance Minister

COLOMBO (EconomyNext) - Sri Lanka has earned hundreds of millions of rupees from three Lamborghini cars which were broug...

June 12, 2015 1 min read

Sri Lanka negotiating more forex swaps: Finance Minister

COLOMBO (EconomyNext) - Sri Lanka is negotiating forex swaps with two more countries and the country is well prepared to...

June 12, 2015 1 min read