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Category: BUSINESS

Tough times as JKH profits dip
BUSINESSMain Story

Tough times as JKH profits dip

Diversified blue chip John Keells Holdings Plc (JKH) has suffered a 13% dip in pre-tax profit in the third quarter…

byFaraz Shauketaly31/01/2018
Sri Lanka’s trade deficit expands 8.4% in November 2017 despite double-digit growth in exports earnings
BUSINESS

Sri Lanka’s trade deficit expands 8.4% in November 2017 despite double-digit growth in exports earnings

Despite a double-digit growth in exports earnings continued for a fifth consecutive month, Sri Lanka’s trade deficit widened 8.4 percent…

byFaraz Shauketaly31/01/2018
Australia grants Sri Lanka Rs.3.8 billion in assistance to strengthen good governance for growth
BUSINESS

Australia grants Sri Lanka Rs.3.8 billion in assistance to strengthen good governance for growth

The Governments of Sri Lanka and Australia Tuesday signed a regulatory agreement for AUD 31 million (Rs. 3.85 billion) grant…

byFaraz Shauketaly31/01/2018
Sri Lanka -Singapore free trade agreement ls credit positive for both sovereigns – Moody’s
BUSINESS

Sri Lanka -Singapore free trade agreement ls credit positive for both sovereigns – Moody’s

Moody’s Investors Service expects the Sri Lanka-Singapore Free Trade Agreement (SLSFTA) will enhance the cross-border trade of goods and services…

byFaraz Shauketaly30/01/2018
Net foreign inflow to Colombo stock market tops Rs. 4 billion mark
BUSINESS

Net foreign inflow to Colombo stock market tops Rs. 4 billion mark

Net foreign inflow to the Colombo Stock Exchange (CSE) has crossed the Rs.4 billion mark in the first 18 market…

byFaraz Shauketaly30/01/2018
SriLankan Airlines boosts Dubai-Colombo service
BUSINESS

SriLankan Airlines boosts Dubai-Colombo service

SriLankan Airlines has introduced four narrow body flights, in addition to its existing service, to support the daily wide-body operations…

byFaraz Shauketaly30/01/2018
Taxiyak driver partners can now Pay & Go
BUSINESS

Taxiyak driver partners can now Pay & Go

Sri Lanka’s latest taxi booking and trip scheduling app Taxiyak has taken another leap in delivering higher order value to…

byFaraz Shauketaly30/01/2018
Tea trips on blending ban
BUSINESSMain Story

Tea trips on blending ban

By Uditha Jayasinghe Plantation Industries Minister Navin Dissanayake yesterday sought to calm a panicked tea industry, firing off a letter…

byFaraz Shauketaly30/01/201830/01/2018
INSEE Cement rescues animals in Aruakalu quarry for the 9th year
BUSINESS

INSEE Cement rescues animals in Aruakalu quarry for the 9th year

Every year, for the past nine years, INSEE Cement has been rescuing and carefully relocating all species of fauna at…

byFaraz Shauketaly30/01/2018
President raises seed potato subsidy, stops re-exporting of tea and black pepper
BUSINESSMain Story

President raises seed potato subsidy, stops re-exporting of tea and black pepper

President Mahinda Rajapaksa said that measures will be taken to increase the 50 percent subsidy for seed potatoes currently given…

byFaraz Shauketaly29/01/201829/01/2018

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