World Bank warns, millions will be left in poverty
The financial impact of coronavirus will stop almost 24 million people from escaping poverty in East Asia and the Pacific,…
Category: BUSINESS
220 million auction of Sri Lanka development bond were undersubcribed
An 220 million auction of Sri Lanka development bond were undersubcribed Monday with only 22 million dollars of bids coming…
Sri Lankan Rupee depreciates
The value of Sri Lankan Rupee has depreciated against the US Dollar in the middle of corona virus crisis. The…
Ongoing curfew leaves CSE closed for trading.
As extension of the curfew by the Government, the Colombo Stock Exchange (CSE) decides to remain closed for Trading on Monday, 30th…
THE WORLD’S LUCKIEST MAN? – JEFF BEZOS SOLD $3.4bn stock before collapse
Jeff Bezos sold $3.4bn of Amazon stock just before Covid-19 collapse As trillions of dollars were wiped off stock markets…
Elections Set for After August – No Question of Interim National Government
Government sources revealed that the parliamentary elections set for April is now unlikely to happen anytime before August 2020. The…
Nawaloka Polysacks Pvt Ltd has regained ownership and control of its factory in the UAE.
Nawaloka Polysacks Sharjah has regained ownership and control of their factory and business in the UAE. The Sharjah Court…
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…
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…
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…