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Saturday May 25th, 2024

Sri Lanka to begin talks with IMF on new program: finance minister

Sri Lanka will begin talks with the International Monetary Fund on a possible program with the new administration keen o...

January 20, 2015 4 min read

Sri Lanka, India renew ties with foreign minister visit

EconomyNext - Sri Lanka's new Foreign Minister Mangala Samaraweera has concluded a two-day visit to India that sought to...

January 20, 2015 2 min read

Sri Lankan stocks end barely changed

EconomyNext - Sri Lankan stock prices failed to hold early gains Tuesday with the benchmark index ending only marginally...

January 20, 2015 1 min read

Sri Lanka's new premier promises Tamils more autonomy

Sri Lanka's new government pledged Tuesday to devolve power to the country's Tamil minority, in a step towards national ...

January 20, 2015 2 min read

Sri Lanka's biggest listed insurer accused of assaulting shareholders

EconomyNext - A big shareholder of Ceylinco Insurance, Sri Lanka's biggest insurer, complained of assault and intimidati...

January 20, 2015 3 min read

Sri Lanka willing to go ahead with China projects at lower cost: Finance Minister

Sri Lanka is willing to go ahead with Chinese projects if the cost was lowered and unsolicited proposals would be discou...

January 20, 2015 2 min read

Sri Lanka's Jaffna power firm says waste oil is sold, not dumped

Sri Lanka's Northern Power Company (Pvt) Ltd, an independent power producer connected to the stat-run distribution grid ...

January 20, 2015 1 min read

Moody's confimrs Hatton National Bank 'B1' rating

Moody's Investors Service said it confirmed a B1 freign currency issuer rating of Sri Lanka's Hatton National Bank with ...

January 20, 2015 4 min read

Sri Lanka's Tea Smallholder Factories Dec quarter net down 59-pct

December 2014 quarter net profit of Sri Lanka's Tea Smallholder Factories fell 59 percent to 16 million rupees from a ye...

January 20, 2015 2 min read

Oman Air flight stuck in the mud

EconomyNext - An Oman Air flight from Paris to Muscat was delayed when its wheels got stuck in the mud while taxiing aft...

January 20, 2015 1 min read

Pandemonium at Sri Lanka Ceylinco Insurance meeting - Update

Pandemoium broke out at a meeting of shareholders at Sri Lanka's Ceylinco Insurance with some protesting attempts to spl...

January 20, 2015 1 min read

Volkswagen interested in Sri Lanka export manufacturing plant

Germany's Volkswagen has been trying set up a plant to produce vehicles for export for years but had not succeeded due t...

January 19, 2015 2 min read

Sri Lanka bans Chief Justice from conference over coup claim

Sri Lanka's attorney general barred the country's chief justice from attending a regional conference on Monday after all...

January 19, 2015 2 min read

Sri Lanka to confirm Mahendran as central bank governor soon

COLOMBO (EconomyNext) - The appointment of Arjuna Mahendran as the governor of the Central Bank of Sri Lanka will be con...

January 19, 2015 1 min read

Sri Lankan stock end down almost 02-pct

EconomyNext - Sri Lankan stock prices tumbled across-the-board Monday to a two-week low, weakening for the fourth straig...

January 19, 2015 2 min read

Sri Lanka exporters urge action on Ex-Im Bank, credit insurance

EconomyNext - The Exporters’ Association of Sri Lanka (EASL) has urged the new government to proceed with setting...

January 19, 2015 2 min read

Sri Lankan stocks fall sharply

EconomyNext - Sri Lankan stocks fell for the fourth straight trading day Monday in across the board selling that stock b...

January 19, 2015 2 min read

Sri Lanka new regime to cut red tape to encourage investment

EconomyNext - Sri Lanka's new government will move fast to reduce red tape that hinder investments, the new Investment P...

January 19, 2015 2 min read

Sri Lanka to boost family incomes through social market economy

Sri Lanka's new administration will follow policies that will increase family incomes based on a 'social market economy'...

January 19, 2015 3 min read

Ex-Sri Lanka President Rajapaksa's brother accused of killing editor

Sri Lankan authorities are investigating a claim that the toppled president's younger brother ran a "death squad" and or...

January 18, 2015 2 min read