Nurturing Regional Entrepreneurship: SLASSCOM conducts Uva IT/BPM Week 2019
SLASSCOM recently concluded the fourth edition of its IT/BPM Week, held in the city of Badulla of the Uva Province for the year 2019. The…
Posts published in “Business”
SL presents USD16Bn opportunity for pvt sector to invest in sustainable development: SC Bank
Opportunity2030: The Standard Chartered SDG Investment Map reveals an almost USD 10 trillion (USD 9.668 trillion) opportunity for private-sector investors across all emerging markets, with Sri…
Ravi Wijeratne slips away from taking over MTD Walkers
Sri Lankan businessman, Ravindranath Srilal Wijeratne, alias Ravi Wijeratne has slipped away from taking over MTD Walkers. According to MTD Walkers, the agreed transaction will…
John Keells Hotels (KHL) reports a quarterly loss of Rs398mn
Colombo Stock Exchange listed John Keells Hotels (KHL) reported a loss of Rs389mn in the quarter ended last December. Nine month cumulative losses came in…
Asian Hotels (AHPL) reports a revenue decline of 21% in the December quarter
Colombo Stock Exchange listed Asian Hotels and Properties (AHPL) reported a profit of Rs43mn for the December quarter, while revenue was off a disappointing 21%…
Sri Lanka’s Atlas Axilia overcomes boycotts, eyes exports
Atlas Axillia, a top stationery maker in Sri Lanka, says it has overcome a revenue impact from the anti-Muslim boycotts which followed Easter Sunday bombings…
Sri Lanka vehicle registration in Dec 2019 subdued
Sri Lanka’s total car registrations recorded 2,057 units in December 2019 marginally up from 2,030 units in November but down from 2,669 units 12 months…
First Capital Research assigns 80-pct probability for no change in policy rates
First Capital Research assigns 80 percent probability for no change in policy rates amidst recently provided tax revisions and other benefits. Considering the recent major…
Sri Lanka’s inflation increased to 6.2-pct in December
Sri Lanka’s headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 6.2 percent in December 2019 from 4.1…
Sri Lanka democracy index slightly improved in 2019
Sri Lanka’s democracy as measured by the Economist Intelligence Unit’s Democracy Index has been slightly improved to 6.27 (overall score on a 0-10 scale) in…