EPF to return to stock market
Dr. Indrajit Coomaraswamy CB chief insists transparency and accountability improved sufficiently in trading guidelines Challenges of new Foreign Exchange Act to…
Category: BUSINESS
Central Bank commences compensation payments to insured depositors of CIFL
The Central Bank of Sri Lanka Monday announced that the compensation payments for insured depositors of Central Investments and Finance…
June trade deficit hits $ 795 m
Despite exports topping $ 1 billion in June Sri Lanka’s external sector delivered a mixed performance with the trade deficit climbing…
Sysco technology executives visit innovation center in Sri Lanka
Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced that two of the Company’s executives, including its executive vice…
oDoc app launches corporate subscription packages for unlimited medical consultations
oDoc, Sri Lanka’s video medical consultation platform, has introduced an employee healthcare solution for businesses. oDoc’s corporate subscriptions present organizations…
Majority of hoteliers want Minimum Room Rate to stay
Emphatic ‘Yes’ vote by 23 of 25 star class hotels in the city during emergency meeting last week Colombo City Hotels…
Entrepreneurs Need Help Accessing Markets
BY Anupama Ranawana The Sri Lankan government’s move to write off microfinance debts and place caps on microfinance rates in…
Moody’s expects Brent spot price to average around USD72 per barrel in 2018
Moody’s Investors Service expects crude oil price to remain elevated in the near term but to moderate over the medium…
Fitch expects Sri Lanka’s Hemas to improve performance during the remainder of fiscal year
The weakness in Sri Lanka-based diversified conglomerate Hemas Holdings PLC’s (Hemas, AA-(lka)/Stable) first-quarter financial results is temporary, and is mainly…
Sri Lanka nationwide inflation rises to 3.4 percent in July 2018
Sri Lanka’s nationwide inflation in July 2018 determined under the National Consumer Price Index (NCPI) ascended to 3.4 percent from…