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Category: BUSINESS

Petroleum Minister says CPSTL incurred Rs. 9 million loss on the day fuel prices raised due to fraud
BUSINESS

Petroleum Minister says CPSTL incurred Rs. 9 million loss on the day fuel prices raised due to fraud

Minister of Petroleum Resources Development Arjuna Ranatunga says the state’s fuel storage unit, the Ceylon Petroleum Storage Terminals Limited (CPSTL)…

byFaraz Shauketaly17/05/201817/05/2018
Immigration key catalyst for development
BUSINESSMain Story

Immigration key catalyst for development

By Uditha Jayasinghe Reforming immigration law to allow free movement of people through progressive laws could tackle Sri Lanka’s chronic…

byFaraz Shauketaly17/05/2018
Rupee’s dip persists
BUSINESS

Rupee’s dip persists

The rupee hit a record low of 158.20 per dollar on Tuesday after the central bank chief said the currency…

byFaraz Shauketaly16/05/2018
Sri Lanka national carrier to be revitalized with action plans proposed by Nyras Aviation Consultants
BUSINESS

Sri Lanka national carrier to be revitalized with action plans proposed by Nyras Aviation Consultants

Sri Lanka’s national carrier, SriLankan Airlines has begun a number of effective initiatives for the development of the airline, taking…

byFaraz Shauketaly16/05/2018
Singer revenue increases by 13% in 1Q 2018 to Rs. 13.6 billion
BUSINESS

Singer revenue increases by 13% in 1Q 2018 to Rs. 13.6 billion

The Singer Group revenue in the quarter ended 31st March 2018 was Rs. 13.6 billion, an increase of 13% compared…

byFaraz Shauketaly16/05/2018
Minister intervenes to resolve safety matches industry supply side problems
BUSINESS

Minister intervenes to resolve safety matches industry supply side problems

Sri Lanka’s Minister of Industry and Commerce Rishad Bathiudeen said a high level policy directive is now awaited after his…

byFaraz Shauketaly16/05/2018
Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka
BUSINESS

Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka

Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Recognizing the potential…

byFaraz Shauketaly16/05/2018
Sri Lanka’s Commercial Bank accelerates into 2018 with impressive growth
BUSINESS

Sri Lanka’s Commercial Bank accelerates into 2018 with impressive growth

Sri Lanka’s Commercial Bank of Ceylon PLC has reported profit before VAT and NBT of Rs 7.677 billion and profit…

byFaraz Shauketaly16/05/2018
National Economic Council to hold workshop on government’s economic plan
BUSINESS

National Economic Council to hold workshop on government’s economic plan

President Maithripala Sirisena has asked the National Economic Council (NEC) to hold a special one-day workshop on the government’s comprehensive…

byFaraz Shauketaly16/05/2018
Primary industries to the fore
BUSINESSMain Story

Primary industries to the fore

Govt. introduces slew of measures to improve food processing to boost rural economy Rs. 16 billion project including $ 101 million…

byFaraz Shauketaly16/05/201816/05/2018

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