The Australian government and telecoms giant Telstra are buying a Pacific telecoms company in a joint venture. The move is being viewed as a political
Category: Business
ASPI hits an all-time high passing 10,000 points in a single day
For the very first time in Sri Lankan history, the All Share Price Index at the Colombo Stock Exchange passed 10,000 points on Monday (25).
Furlough did a great job but thousands now face the sack
The furlough scheme prevented “catastrophic levels of unemployment” by supporting 11.6 million people and subsidised 2.3 billion working days, analysis has found. The coronavirus job
Sri Lanka looking to diversify exports to Turkey & boost ties
Foreign Minister of Turkey Mevlüt Çavuşoğlu received Foreign Minister of Sri Lanka Prof. G.L. Peiris at the Turkish House, the Chancery building of the Turkish
Evergrande Moment of Truth Arrives With Bond Payment Deadlines
China Evergrande Group bondholders are about to find out if the property giant’s liquidity crisis is as dire as it appears. Interest payments on two
NIVARD CABRAAL BEGINS RECORD SETTING THIRD TERM AS GOVERNOR CENTRAL BANK
Ajith Nivard Cabraal became the first person in the history of Sri Lanka’s Central Bank to serve in the position as Governor for a
STATE OWNED SD&CC ON USD 230 MILL PLUS RS 734 MILL SPENDING SPREE
Sri Lanka’s state-owned SD&CC have sought Cabinet of Ministers approval to engage in facilities worth USD 230,200,000 (USD 230 Million) and Rs 734,000,000 to procure
Apple to let App Developers to steer customers to alternate forms of payments
Tech giant, Apple Inc. announced on Thursday (26 Aug) that changes to its App Store regulations will allow developers to alert users to alternate forms
Could small-scale property development be the new buy-to-let?
By Ritchie Clapson CEng MIStructE, co-founder of propertyCEO The term ‘property developer’ can mean different things to different people. Some will think of a large
Close Look at Sri Lanka’s Budget Deficit 2020
Sri Lanka’s Budget Deficit Reaches All-Time High We’ve been hearing all over in the recent past about Sri Lanka’s Budget Deficit, I presume most don’t