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Thursday August 18th, 2022

Sri Lanka revised budget could stoke inflation, debt path uncertain: Moody's

COLOMBO (EconomyNext) - A revised budget with a "suggested" deficit of 4.4 percent of gross domestic product supports Sr...

February 11, 2015 2 min read

Sri Lanka, Philippines seek direct flights

EconomyNext - Sri Lanka and the Philippines are to renew a trade deal signed in 1980, which has remained inactive, with ...

February 11, 2015 2 min read

Sri Lanka's Hambantota port draws Japanese car carrier

EconomyNext - Japanese logistics and freight forwarder SEALS Company has begun using Sri Lanka's southern port of Hamban...

February 11, 2015 1 min read

Sri Lanka stocks hover close to pre-budget level

EconomyNext - Sri Lankan stocks ended higher for the fourth day Tuesday, just short of erasing losses suffered in a pani...

February 10, 2015 2 min read
ICT

Sri Lanka's MillenniumIT to drive derivative exchange in India

COLOMBO (EconomyNext) – Sri Lanka's MillenniumIT, a unit of London Stock Exchange said it has been selected by In...

February 10, 2015 2 min read

Sri Lanka rupee in restricted trade, money rates higher

COLOMBO (EconomyNext) - Sri Lanka's rupee continued to trade under tight restrictions and moral suasion with the spot US...

February 10, 2015 2 min read

Lanka Tiles December quarter profit stagnant

EconomyNext - Lanka Tiles, a Sri Lankan floor tile manufacturer, said December quarter net profit was virtually stagnant...

February 10, 2015 1 min read

Sri Lanka tea floor price raises quality issues

COLOMBO (EconomyNext) - Sri Lankan small holders growing the bulk of the island's tea have welcomed price support promis...

Rohan Gunasekera
February 10, 2015 2 min read

Sri Lanka's Kelani Tyres profits up 47-pct as costs fall

COLOMBO (EconomyNext) - Profits at Kelani Tyres Plc, a Sri Lanka based tyre maker which is a joint venture with India's ...

February 10, 2015 1 min read

Sri Lanka 2014 merchandise exports up 6.7-pct to US$11bn

EconomyNext - Sri Lankan merchandise exports rose 6.7 percent to 11.08 billion US dollars in 2014 from the year before, ...

February 9, 2015 1 min read

Sri Lanka's Bieco Link set to resume activated carbon production

Colombo, Feb 9 (EconomyNext) Sri Lanka's Adam Investments Plc said it was revamping the manufacturing plant of an activa...

February 9, 2015 1 min read

Sri Lanka stocks end up 0.5-pct

EconomyNext - Sri Lankan stocks ended higher for the third straight session Monday as the market continued recovering lo...

February 9, 2015 1 min read

Sri Lanka's former president goes to jail

Colombo, Feb 9 (EconomyNext) Sri Lanka's former president Mahinda Rajapakse spent time briefly at the main prison in Col...

February 9, 2015 2 min read

Sri Lanka promises to act on delayed global tea marketing effort

EconomyNext - Sri Lanka's new government has promised the tea trade to launch a long-delayed global tea marketing campai...

February 9, 2015 2 min read

Sri Lanka logistics hub hopes seen leaning on India

EconomyNext - Economic relations with India will play a crucial role in making Sri Lanka's ambition of becoming an inter...

February 9, 2015 2 min read

Sri Lanka Renuka Agri Foods December net Rs69mn

EconomyNext - Renuka Agri Foods, a Sri Lankan manufacturer of coconut-based food and beverage products, reported a net p...

February 9, 2015 1 min read

Over 100 Sri Lanka linked Swiss bank accounts in leaked data

COLOMBO (EconomyNext) - Over 90 clients linked to Sri Lanka held 129 accounts in a Swiss bank, with the biggest account ...

February 9, 2015 1 min read

Sri Lanka Marxist party fires first salvo against new regime

COLOMBO (EconomyNext) - A vocal Marxist party which backed a political alliance that ousted former President Mahinda Raj...

February 8, 2015 3 min read

Sri Lanka to end arbitrary energy pricing

COLOMBO (EconomyNext) - Sri Lanka will end arbitrary pricing of power by allowing the regulator to do its job, ending po...

February 8, 2015 3 min read

Sri Lanka new Govt public support slips on delay perceptions: report

EconomyNext - Public support for Sri Lanka's new government appears to have slipped because of perceived delays in actin...

February 8, 2015 2 min read