Could small-scale property development be the new buy-to-let?
By Ritchie Clapson CEng MIStructE, co-founder of propertyCEO The term ‘property developer’ can mean different things to different people. Some…
Category: BUSINESS
Close Look at Sri Lanka’s Budget Deficit 2020
Sri Lanka’s Budget Deficit Reaches All-Time High We’ve been hearing all over in the recent past about Sri Lanka’s Budget…
Fitch Downgrades Sri Lanka Insurance’s IFS to ‘CCC+’ on Sovereign Downgrade
Fitch Ratings – Colombo/Sydney – 09 Dec 2020: Fitch Ratings has downgraded Sri Lanka Insurance Corporation Limited’s (SLIC) Insurer Financial…
DEBENHAMS ICONIC RETAILER LATEST VICTIM TO COVID
Retail Cornerstones Fall in Britain, Pushed by Fast Fashion and Pandemic Debenhams and Arcadia Group, the owner of Topshop, collapsed…
Singapore; lab grown ‘chicken meat’ approved
Singapore has given regulatory approval for the world’s first “clean meat” that does not come from slaughtered animals. SINGAPORE–(BUSINESS WIRE)–Eat…
Dumith Fernando appointed chairman of CSE
The Colombo Stock Exchange (CSE) has appointed Dumith Fernando as its new chairperson, CSE said. Reportedly, Fernando’s appointment to the…
Coca-Cola suspends social media advertising despite Facebook changes
Coca-Cola will suspend advertising on social media globally for at least 30 days, as pressure builds on platforms to crack…
Kasturi Wilson becomes first female Group CEO of a Sri Lankan conglomerate
Hemas Holdings PLC announced the appointment of Kasturi Chellaraja Wilson as Group Chief Executive Officer, effective 1st October 2020, succeeding…
Twitter permanently suspends account of controversial British columnist Katie Hopkins
Twitter has permanently suspended the account of extreme right-wing British columnist Katie Hopkins for violating its hateful conduct policy. A…
SL debt ratio rises to 86.8% against GDP
Sri Lanka’s Government debt to GDP ratio increase to 86.8% A would-be hub of Indo-Pacific Commerce and global tourist gem,…