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Wednesday July 6th, 2022

Sri Lanka prospective hybrid car owners say relief only benefits some

COLOMBO (EconomyNext) – Importers of hybrid cars who were given relief from a sudden tax hike say only some will ...

February 13, 2015 1 min read

Sri Lanka US$1.5bn dollar sovereign bond nod likely next week

Sri Lanka US$1.5bn dollar sovereign bond go ahead likely next week

Asantha Sirimanne
February 13, 2015 2 min read

Sri Lanka decentralises paddy purchases

EconomyNext - Sri Lanka has decided to decentralise government buying of paddy from rice farmers, ending a monopoly by t...

February 13, 2015 2 min read

Sri Lanka urges UN to delay war crimes probe

WASHINGTON (AFP) - Sri Lanka Wednesday urged the UN to delay a report into alleged war crimes during the island's civil ...

February 13, 2015 2 min read

Sri Lanka aims to restore ties with US: FM

WASHINGTON (AFP) - Sri Lanka is seeking to put ties with Washington back on course after several years of strain, Foreig...

February 13, 2015 2 min read

Sri Lanka tobacco monopoly profits fall as sales drop

EconomyNext - Sri Lanka's cigarette monopoly, Ceylon Tobacco Company, said December 2014 quarter net profit fell 21 perc...

February 13, 2015 2 min read

Sri Lanka seeks Indian investment during president's visit

EconomyNext - Sri Lankan President Maithripala Sirisena will seek investments by big Indian businesses and support to mo...

February 13, 2015 2 min read

Textured Jersey Sri Lanka eyes two acquisitions to grow

COLOMBO (EconomyNext) - Textured Jersey Plc said it was considering the purchase of a knitting mill based in India and a...

February 13, 2015 1 min read

Sri Lanka to discuss enhanced IMF facility of up to US4.0bn

COLOMBO (EconomyNext) - Sri Lanka will initiate talks on an enhanced facility with the International Monetary Fund to sh...

Asantha Sirimanne
February 12, 2015 2 min read

Sri Lanka stocks slump after 5-day rally

EconomyNext - Sri Lankan stocks ended a five-day rally Thursday with the benchmark index dragged lower by falls in John ...

February 12, 2015 1 min read

Sri Lanka to return military-occupied property to people

EconomyNext - The Sri Lankan government is to return to the people large extents of land and buildings occupied by the m...

February 12, 2015 2 min read

Sri Lanka's ODEL to build new mall; integrate with Softlogic retail

COLOMBO (EconomyNext) - Sri Lanka's ODEL Ltd, will build a new mall in it prime property in Colombo and also integrate c...

February 12, 2015 2 min read

Sri Lanka police special unit to probe financial crimes

EconomyNext - The Sri Lankan government has decided to set up a financial crimes unit in the police to probe large-scale...

February 12, 2015 1 min read

Sri Lanka MTD Walkers says to await outcome of well water pollution probe

EconomyNext - Sri Lanka's MTD Walkers has asked the public in northern Jaffna to wait for the outcome of an official inq...

February 12, 2015 1 min read

Sri Lanka DFCC Bank December net up 90-pct

EconomyNext - Sri Lanka's DFCC Bank said December 2014 quarter net profit rose 90 percent to 1.5 billion rupees from a y...

February 12, 2015 2 min read

Sri Lanka's Urban Development Authority gets new chief

COLOMBO (EconomyNext) - Sri Lanka's Urban Development Authority said Ranjith Fernando, a senior retired banker had taken...

February 12, 2015 2 min read

Sri Lanka's Aitken Spence net down 19-pct in Dec 2014 quarter

COLOMBO (EconomyNext) – Profits at Sri Lanka's Aitken Spence group, which has interests in leisure, logistics and...

February 12, 2015 1 min read

Sri Lanka Hayleys Dec 2014 quarter net up 117-pct

COLOMBO (EconomyNext) - Profits at Sri Lanka's Hayleys group surged 117 percent from a year earlier to 735 million rupee...

February 12, 2015 1 min read

Sri Lanka finance minister slams auditors, says former regime blocked reforms

EconomyNext - Sri Lankan Finance Minister Ravi Karunanayake said the ousted Rajapaksa government had blocked public sect...

February 12, 2015 3 min read

Sri Lanka opposition praises privatization, warns on retrospective tax fallout

COLOMBO (EconomyNext) - In a role reversal Sri Lanka's main opposition party praised the benefits of privatization and w...

February 12, 2015 3 min read