Sri Lanka’s tea exports to China records sharp rise – report
Sri Lanka’s black and green tea exports to China have risen sharply so far this year with Chinese youth acquiring…
Category: BUSINESS
Sri Lanka’s HC in Pakistan refutes news report on halting Pakistan- Sri Lanka trade
The High Commission of Sri Lanka in Pakistan has dismissed a Pakistani newspaper report titled “Pakistan’s trade with Sri Lanka…
Dialog and Netflix announce strategic partnership for Sri Lanka
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, today announced its partnership with Netflix, the world’s leading internet entertainment service.…
CSE and SEC initiate effort to restore confidence among foreign investors
The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC), in a bold step to…
Sri Lanka state revenues increased by Rs. 93 bn last year
Sri Lanka’s state revenues have increased by Rs 93 billion last year compared to 2017, the Central Bank said. According…
IMF says Sri Lanka’s economy remains vulnerable to adverse shocks, growth projected to be 3.6% in 2019
Sri Lanka’s economy remains vulnerable to adverse shocks and the economy is expected to recover gradually in 2019, while downside…
Facebook bans “inauthentic” accounts targeting Africa
Facebook has removed hundreds of social media accounts and banned an Israeli firm due to “co-ordinated inauthentic behaviour” mainly targeting…
Nedal Salem takes helm of Ceylon Tobacco Company
Nedal Salem was appointed managing director and chief executive officer of Ceylon Tobacco Company PLC (CTC) effective 15th May 2019.…
Dipped Products posts healthy growth: Group pre-tax profit up 32-pct in 2018/9
Sri Lanka’s Dipped Products Group pre-tax profit was up 32 percent to 1,643 million rupees in 2018/9, the company said.…
Sri Lanka projected to grow 3.6-pct in 2019; reach 5-pct over medium term: IMF staff report
Sri Lanka’s economic growth is projected to recover to 3.6 percent in 2019, and gradually reach 5 percent over the…