Sri Lanka reserves at USD 6.9Bn at end 2018: Trade deficit declined
The trade deficit declined significantly in December 2018 (year-on-year) with a notable deceleration in import expenditure, data shows. Exports grew…
Category: BUSINESS
ikman.lk’s ‘Top Ads’ and ‘Daily Bump Ups’ Speeds Sellers Chances of Receiving Maximum Visibility and Greater Response
ikman.lk, Sri Lanka’s largest online marketplace ensures Sellers receive maximum visibility for their products through novel paid promotions such as…
Multilac fetes Outstanding Dealers with invigorating trip to Azerbaijan
Multilac, a flagship paint brand of Macksons Holdings, rewarded 57 Dealers for their exemplary efforts with a memorable trip to…
Cold Storage facilities and ice manufacturing plants to be set up near fishery harbors
The State Minister of Fisheries and Aquatic Resources Development, Dilip Wedaarachchi, said that necessary arrangements will be made to expedite…
Belluna Co of Japan demonstrates confidence in Sri Lanka by investing mammoth US$450 million
In a market place replete with choice, and the growth of an ever savvier consumer base, the market today is…
France’s Michelin eyes Sri Lanka for new operations
A delegation from Michelin, the French tire manufacturing giant met with the Board of Investment Chairman Hemasiri Fernando and Champika…
UK’s Flexicare launches USD 10Mn health care manufacturing facility in SL
Flexicare Lanka (Pvt) Ltd., a fully owned subsidiary of Flexicare Group, UK launched the construction of a state-of-the art modern…
MTD Walkers (KAPI) trading still halted, collapse likely to cause pain for bankers
Shares in Colombo Stock Exchange listed MTD Walkers (KAPI) have been halted from trading since February 14th. Investors are still…
Sri Lanka taking steps to reduce fiscal and economic risks – Fitch Ratings
Sri Lanka’s agreement with IMF staff on the fifth review and extension of its program, together with its recent budget…
CA Sri Lanka budget seminar 2019 to evaluate economic and tax perspectives
The annual budget seminar organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will evaluate the…