Walkers Colombo Shipyard secures US$ 4 mn funding from ADB
Walkers Colombo Shipyard (Pvt.) Ltd, a subsidiary of MTD Walkers PLC secured a US$ 4 million loan from the Asian…
Category: BUSINESS
Prime Minister Chief Guest at CA Sri Lanka’s 53rd Annual Report Awards
The 53rd Annual Report Awards organized by CA Sri Lanka will be held on Tuesday, 05th December 2017 under the…
H’tota Port tax cuts before Cabinet
Gazette outlining tax concessions to be presented to Cabinet today Parliamentary debate on tax concessions for H’tota Port expected Friday…
MIS on Paddy Production in Sri Lanka established
The National Policy Development Office under the Ministry of National Policies and Economic Affairs has announced the establishment of a…
LVL Energy Fund to announce Rs1.2bn IPO; largest since 2015
A leading energy company and a subsidiary of Lanka Ventures, the LVL Energy Fund is set to announce a 1.2…
Sri Lanka’s HNB crowned ‘Bank of the Year 2017’ by The Banker Magazine UK
Sri Lanka’s Hatton National Bank (HNB) recorded another landmark victory with its recognition as ‘Bank of the Year 2017’ in…
ADB grants Sri Lanka additional financing of $120 Million to bring drinking water to Jaffna
The Board of Directors of the Asian Development Bank (ADB) last week has approved additional loans totaling $120 million for…
Sri Lanka mobile telecommunications industry asks to remove proposed Tower Levy
The mobile telecommunications industry of Sri Lanka says the Rs. 200,000 per month levy on cellular towers proposed in the…
Govt. brews Rs. 12 b in loans to boost tea
Talks with two Japanese banks on obtaining low-interest loans to modernise tea factories, uplift tea smallholders Rs. 12 billion in…
CBSL issue warnings despite 0.2% decline in inflation
Colombo Consumers’ Price Index measured the inflation in November as 7.6%, having recorded 7.8% October. Despite the drop, the Central…