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Category: BUSINESS

John Keells Hotels (KHL) reports a quarterly loss of Rs398mn
BUSINESSBusiness News

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…

byFaraz Shauketaly29/01/202030/01/2020
Asian Hotels (AHPL) reports a revenue decline of 21% in the December quarter
BUSINESSBusiness News

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…

byFaraz Shauketaly29/01/202030/01/2020
Sri Lanka’s Atlas Axilia overcomes boycotts, eyes exports
BUSINESS

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…

byFaraz Shauketaly28/01/202028/01/2020
Sri Lanka vehicle registration in Dec 2019 subdued
BUSINESS

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…

byFaraz Shauketaly28/01/202028/01/2020
First Capital Research assigns 80-pct probability for no change in policy rates
BUSINESS

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…

byFaraz Shauketaly28/01/202028/01/2020
Sri Lanka’s inflation increased to 6.2-pct in December
BUSINESSBusiness News

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…

byFaraz Shauketaly25/01/202030/01/2020
Sri Lanka democracy index slightly improved in 2019
BUSINESSBusiness News

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…

byFaraz Shauketaly25/01/202030/01/2020
Sri Lanka SMEs call for deadline extension
BUSINESSBusiness News

Sri Lanka SMEs call for deadline extension

Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) said that the landmark loan moratorium for SMEs offered by…

byTeam Independent25/01/202030/01/2020
CBL Samaposha Powers School Football for Eleventh Consecutive Year
BUSINESSBusiness News

CBL Samaposha Powers School Football for Eleventh Consecutive Year

CBL Samaposha takes pleasure in announcing their sponsorship of the Under-14 Inter-School Football Tournament for the eleventh consecutive year. Organised…

byFaraz Shauketaly25/01/202030/01/2020
Govt has not controlled the Rice Mafia – UNP
BUSINESS

Govt has not controlled the Rice Mafia – UNP

The United National Party (UNP) today (24) blamed the Government for failing to control the rice mafia in the country.…

byFaraz Shauketaly24/01/202024/01/2020

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