Consumer Authority monitors New Year sales promotions
Boosting its consumer safeguards in the New Year, the Consumer Affairs Authority (CAA) has introduced a special seasonal monitoring program…
Category: BUSINESS
Sri Lanka launches US$ 2.5 billion sovereign bond issue
The Central Bank of Sri Lanka on behalf of the Sri Lankan government has launched two US$ 1.25 billion International…
Sri Lanka to introduce plain packaging for cigarettes, tobacco products
Sri Lanka’s cabinet of ministers in a move to further curb the consumption of cigarettes and other tobacco products has…
Spar continues expansion with entry into Sri Lanka
SPAR International, the world’s largest food retail voluntary chain, today announced the brand’s entry into the Sri Lankan retail market.…
Weather, debt repayments major challenges for Sri Lanka’s growth in 2018 – ADB
The Asian Development Bank (ADB) says Sri Lanka’s economic growth over the next two years will depend on agriculture and…
Sri Lanka to call for bids to explore and develop offshore natural gas deposits
Sri Lanka will call for bids in May for the development of natural gas deposits discovered in the Mannar basin…
Salary arrears and bonuses paid for employees of the Ceylon Fisheries Corporation for the first time
The Ceylon Fisheries Corporation has taken measures to provide workers’ salaries and bonuses for the first time during the Sinhala…
Govt. nod for three local companies for vehicle emission test certification
Sri Lanka’s government has given approval of the cabinet of ministers to award the contract for issuing Vehicle Emission Test…
Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per…
Stock market shares end higher; foreigners sell
Sri Lankan shares ended slightly firmer yesterday led by blue-chip stocks in thin trade, while foreign selling boosted turnover with…