Business News

Saturday, 23 September 2017 07:03

Mangala Money!

Rate this item
(0 votes)

The first Rs. 5,000 note signed by Minister of Finance Mangala Samaraweera was presented to him yesterday by CEO of De La Rue Holdings PLC Martin Sutherland and Regional Director for Asia-Pacific Mark Filer at the Ministry of Finance. Treasury Secretary Dr. R. H. S. Samarathunga and De La Rue Account Manager Nadessha Epasinghe are also present

Rate this item
(0 votes)

The prestigious Mahatma Gandhi Scholarships for 2016-17 were awarded to 150 Advanced Level school students from all 25 districts across Sri Lanka by Akila Viraj Kariyawasam, Minister of Education, . V. Radhakrishnan, State Minister of Education, Sri Lanka, and Taranjit Singh Sandhu, High Commissioner of India, at a special ceremony at the Ministry of Education Auditorium, Battaramulla on Friday 22.

Rate this item
(0 votes)

LAUGFS Gas Plc has split the previously announced $ 42.6 million for the Group’s Hambantota LPG terminal project between People’s Bank and Standard Chartered Bank.

Rate this item
(0 votes)

Telecom giant Dialog Axiata yesterday announced that it would waive off all call charges incurred by its customers on Wednesday.

Thursday, 21 September 2017 08:33

Reforms ready to roll: PM

Rate this item
(0 votes)

Targeting exports and investment, the Government will introduce several laws including possible new legislation to improve the ease of doing business, Prime Minister Ranil Wickremesinghe said yesterday.

Thursday, 21 September 2017 08:27

Tea export earnings top $ 1 b mark by August

Rate this item
(0 votes)

Tea exports crossed the $ 1 billion mark by end August, up by 20% from a year earlier, Asia Siyaka Commodities Plc revealed.

Wednesday, 20 September 2017 18:59

Sri Lanka reviews tariffs to boost trade

Rate this item
(0 votes)

Sri Lanka’s trade regime is to be reviewed to boost trade and private sector development, and reduce costs and bolster competitiveness. A key element in this work would be an evaluation of para-tariffs and other non tariff barriers that have led to a high level of effective protection and hampered exports.

Rate this item
(0 votes)

Hayleys PLC's acquisition of a controlling stake in Singer (Sri Lanka) PLC (Singer, A-(lka)/Stable) is neutral for Singer's rating. This move helps Hayleys' balance sheet to be stretched significantly following the completion of the Singer acquisition despite Hayleys' stronger business risk profile, Fitch Ratings agency said.

Rate this item
(0 votes)

Fitch Ratings, a credit ratings agency, has revised Sampath Bank PLC's sector outlook to negative from stable, a statement said adding that it has assigned Sampath Banks proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of 'A(lka)(EXP)'.

Rate this item
(0 votes)

Growth in Sri Lanka's larger generating market, India was muted, with around 400,000 arrivals and the country is expecting one million tourists by 2020, This was stated by the Chairman of the Sri Lanka Convention Bureau, Prema Cooray when he addressed a group of travel trade representatives from India in Colombo recently. They participated in a two day conference orgainised by NKAR Tours and Travels Pvt Ltd.

Page 1 of 123

Latest Business News

There are 29901 listings and 879 categories in our website

Call us

For Business Promotions - +94 777 200 670