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Sunday June 26th, 2022

Sri Lanka Spence Hotel mulls more properties in Oman

COLOMBO (EconomyNext) – Sri Lankan hotel group Aitken Spence Hotel Holdings is considering expanding its presence...

June 12, 2015 2 min read

Sri Lanka looking to raise at least US$1bn from syndicated loan: Finance Minister

COLOMBO (EconomyNext) - Sri Lanka may raise up to a billion dollars from a syndicated loan from international banks for ...

June 11, 2015 1 min read

Sri Lankan tea prices recover

COLOMBO (EconomyNext) –Sri Lankan tea prices recovered at this week’s Colombo auctions as quality improved...

June 11, 2015 2 min read

Sri Lanka defends currency at 133.80, bond markets active

COLOMBO (EconomyNext) - Sri Lanka continued to defend the rupee at 133.80 to the US dollar in the spot market but there ...

June 11, 2015 2 min read

Eleven young Sri Lankans to attend Cannes Festival of Creativity

COLOMBO (EconomyNext) – Sri Lanka’s advertising and marketing industry has selected 11 young marketing com...

June 11, 2015 2 min read

Sri Lanka shares fall for fourth straight session

COLOMBO, June 11 (Reuters) - Sri Lanka's stock index fell for a fourth straight session on Thursday to close at its lowe...

June 11, 2015 2 min read

Sri Lanka’s Globe Glass to set up triple glazing unit, mulls exports

COLOMBO (EconomyNext) – Sri Lankan glass processor Globe Mirror Industries, rebranded Globe Glass, said it plans ...

June 11, 2015 2 min read

Sri Lanka's central bank sets up 'legal and compliance' department

COLOMBO (EconomyNext) - Sri Lanka's central bank said it had set up a 'legal and compliance department' which will help ...

June 11, 2015 1 min read

Australia paid crew of boat with Sri Lanka asylum-seekers to turn back: police

KUPANG, Indonesia, 2015 (AFP) - The captai and crew of a boat carrying 65 asylum-seekers say Australian authorities paid...

June 11, 2015 2 min read

Sri Lanka to activate constitutional council sans non-political members

COLOMBO (EconomyNext) - Sri Lanka is planning to activate a constitutional council that will oversee the public service,...

June 11, 2015 1 min read

Sri Lanka wants to start US$2.3bn Kandy expressway fast: Minister

COLOMBO (EconomyNext) - Sri Lanka wants to start an expressway to Kandy in the central hills of the island which may cos...

June 11, 2015 1 min read

Sri Lanka ex-CB Governor de-stabilized sovereign bond: deputy minister

COLOMBO (EconomyNext) - The first sovereign bond by Sri Lanka's new administration was undermined by ex-Central Bank Gov...

June 11, 2015 2 min read

U.S. lawmakers scrap nationalist meat labeling laws

WASHINGTON, June 10 (Reuters) - The U.S. House of Representatives on Wednesday voted to repeal meat labeling laws, which...

June 11, 2015 2 min read

Sri Lanka state revenues up 21-pct, in first five months

COLOMBO (EconomyNext) - Sri Lanka's state revenues rose 21 percent from a year earlier to 492 billion rupees in the firs...

June 11, 2015 2 min read

Sri Lankan scientist urges businesses to act on climate change threat

COLOMBO (EconomyNext) – A top Sri Lankan scientist has urged businesses and individuals to do their bit to mitiga...

June 10, 2015 2 min read

Sri Lankan shares end at 8-week low on political uncertainty

COLOMBO, June 10 (Reuters) - Sri Lanka's stock index fell for a third straight session on Wednesday to close at its lowe...

June 10, 2015 2 min read

Suspected Iran sanction-busting vessel came Sri Lanka for bunkers: foreign ministry

COLOMBO (EconomyNext) - A suspected sanctions busting crude carrier loaded with Iranian oil had not discharged any cargo...

June 10, 2015 1 min read

Sri Lankan rupee steady on state bank dollar sales

COLOMBO, June 10 (Reuters) - The Sri Lankan rupee traded steady on Wednesday as a state bank sold dollars at 133.80, whi...

June 10, 2015 1 min read

Sri Lanka milk competition intense, investment inadequate

COLOMBO (EconomyNext) – Demand for fresh milk is high in Sri Lanka but production is inadequate with intense comp...

Rohan Gunasekera
June 10, 2015 2 min read

Sri Lanka’s Hayleys to start instant tea manufacturing

COLOMBO (EconomyNext) –Sri Lanka’s Hayleys group plans to start commercial manufacturing of instant tea fr...

June 10, 2015 2 min read