Russia restricts tea supplies from Sri Lanka after finding beetle
Russia will place temporary restrictions on imports of all agricultural products from Sri Lanka, including tea, from Dec. 18, the…
Category: BUSINESS
Velvet ‘Susidinu Lovai – Thagi Mavai’ Promotional Mobile Truck Creates Excitement in Towns
Velvet, Sri Lanka’s leading beauty soap brand launched ‘Velvet Susidinu Lovai – Thagi Mavai’ a novel promotion in spectacular style…
Investors snap up biggest IPO in 4 years by LVL Energy Fund
Investors have snapped up the biggest Initial Public Offering in four years by LVL Energy Fund Ltd. (LEF), with the…
Jetwing Symphony IPO oversubscribed
Jetwing Symphony Ltd’s Initial Public Offering worth Rs. 750 million has been oversubscribed, prompting the closure of its official opening…
Top supermarkets join Govt. to fight CoL
Private supermarkets and Sathosa to establish Fair Price Shops and distribute Budget Packs to consumers Latest Govt. effort to tackle…
End of the line for SriLankan Airlines?
SriLankan Airlines Chairman has issued a communique it’s employees saying the Airline is facing a risk of shutting down. The…
Sri Lanka’s industrial production index up 3.7 percent in October 2017
According to the monthly Index of industrial Production (IIP) released by the Census and Statistics Department, the volume of industrial…
Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
Moody’s Investors Service has affirmed the long-term ratings of three banks in Sri Lanka (B1 negative). The rating actions follow…
‘Celebrating Partnerships’ showcases the European Union’s support to district development in Sri Lanka
Celebrating Partnerships, an exhibition on the European Union’s support to district development in Sri Lanka, was jointly inaugurated in Colombo…
Sri Lanka becomes the 163rd state party to the Ottawa Mine Ban Treaty
Sri Lanka on Wednesday became the 163rd country to accede to the Anti-Personnel Mine Ban Convention, or Ottawa Convention fulfilling…