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Category: BUSINESS

Sri Lankan food and beverage products promoted at Foodex Saudi 2017
BUSINESS

Sri Lankan food and beverage products promoted at Foodex Saudi 2017

Sri Lanka Tea Board, the Department of Commerce and Industries and private sector companies in Sri Lanka joined Embassy of…

byFaraz Shauketaly15/11/2017
HNB Group posts Rs 16.8 Bn PBT
BUSINESS

HNB Group posts Rs 16.8 Bn PBT

~ Group assets cross Rs 1 Trillion ~ Shareholder funds increase to Rs 2Bn ~ Total tax charge of Rs…

byAdmin15/11/2017
SL is investing in new technology to meet ICAO regulations – Minister Nimal Siripala
BUSINESS

SL is investing in new technology to meet ICAO regulations – Minister Nimal Siripala

Sri Lanka is investing in new technology to meet the regulations of the International Civil Aviation Organisation, announced Minister Nimal…

byFaraz Shauketaly14/11/2017
Sri Lanka’s industrial production index up 6.0 percent in September 2017
BUSINESS

Sri Lanka’s industrial production index up 6.0 percent in September 2017

According to the monthly Index of industrial Production (IIP) released by the Census and Statistics Department, the volume of industrial…

byFaraz Shauketaly14/11/2017
PCs should tax businesses with quarterly income up to Rs3mn: FC
BUSINESS

PCs should tax businesses with quarterly income up to Rs3mn: FC

Sri Lanka’s Finance Commission (FC) has recommended that Provincial Councils should be allowed to collect taxes from business entities with…

byFaraz Shauketaly14/11/2017
Sri Lanka official reserves improve to USD7.5bn by end October
BUSINESS

Sri Lanka official reserves improve to USD7.5bn by end October

Sri Lanka’s gross official reserves have improved to 7,489.98 million US dollars by end October from 7,288.12 million dollars in…

byFaraz Shauketaly14/11/2017
Hayleys Advantis trains future Logisticians
BUSINESS

Hayleys Advantis trains future Logisticians

Hayleys Advantis Limited with the aim of bridging the gap between academic qualifications and corporate requirements recently completed the second…

byFaraz Shauketaly14/11/2017
Sri Lanka’s RIL Property acquires 30-pct stake in United Motors Lanka
BUSINESS

Sri Lanka’s RIL Property acquires 30-pct stake in United Motors Lanka

RIL Property PLC announced on the Colombo Stock Exchange that it acquired a 30 percent stake in United Motors Lanka…

byFaraz Shauketaly14/11/2017
Commercial Bank posts typically robust 9-month results
BUSINESS

Commercial Bank posts typically robust 9-month results

The Commercial Bank of Ceylon has reported profit of Rs 19.718 billion before VAT and NBT on financial services for…

byFaraz Shauketaly14/11/201714/11/2017
81 State institutions rewarded for high level of performance in Fiscal Year 2015.
BUSINESS

81 State institutions rewarded for high level of performance in Fiscal Year 2015.

The Committee on Public Accounts of the Parliament (COPA), under the direction of its Chairman State Minister Lasantha Alagiyawanna has…

byFaraz Shauketaly14/11/2017

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Stock Market


Exchange Rate

Exchange Rate USD: Fri, 1 May.


Latest News


  • Sri Lankan Rupee Declines to 320 Against the US Dollar Amidst Celebrations of Rising Inflation
  • Sri Lanka Sees Inflation Surge to 5.4% in April 2026 Following Significant Increase in Fuel Costs
  • Wilson Launches South Asia’s Inaugural Flagship Store at One Galle Face
  • DFCC Bank Collaborates with NCCSL to Enhance Growth Opportunities and Market Reach for SMEs
  • Sri Lanka’s Stock Market Declines for the Week, Driven by Increased Capital Goods Activity
TOP STORY

PARLIAMENT CALLS. TREASURY SAYS “NOT TOMORROW.”

byFaraz Shauketaly 30/04/202630/04/2026
CORRUPTION / EXPOSEFEATURED

The NDB Cover-Up? How Long Did They Know?

byFaraz Shauketaly 30/04/202630/04/2026
SPORTSTOP STORY

Shammi Steps Down – But Who Takes Guard?

byFaraz Shauketaly 29/04/202629/04/2026
BUSINESS

NDB Bank Fraud: Shanil Fernando Resigns from NDB Board

byEditor 29/04/202629/04/2026
BUSINESSTECHNOLOGY

Lanka Data Net (LDN) is Sri Lanka’s leader in structured data collection and AI data access

byEditor 29/04/202629/04/2026
BUSINESSCORRUPTION / EXPOSEFEATURED

The Deal, The Silence and The Unknown

byFaraz Shauketaly 28/04/202628/04/2026

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