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Category: Business News

Sri Lanka to produce more skilled workers for construction, tourism
Business News

Sri Lanka to produce more skilled workers for construction, tourism

Sri Lanka is planning to produce more skilled workers and technicians in order to meet the growing demand for labor…

byTeam Independent14/02/2020
Food giant to stop advertising ice cream to children
Business News

Food giant to stop advertising ice cream to children

Food giant Unilever has vowed to stop marketing its products to children in order to tackle rising obesity rates. The…

byTeam Independent13/02/2020
Smartphone showcase cancelled over coronavirus fears
Business News

Smartphone showcase cancelled over coronavirus fears

The world’s largest mobile phone showcase, Mobile World Congress (MWC), has been cancelled over coronavirus concerns, organisers have confirmed. The…

byTeam Independent13/02/2020
Nestle axes low sugar chocolate due to weak sales
Business News

Nestle axes low sugar chocolate due to weak sales

Nestle has axed its range of chocolate that used a new low-sugar technique, less than two years after it was…

byTeam Independent13/02/2020
Fitch affirms HNB Finance at A(lka); outlook stable
Business News

Fitch affirms HNB Finance at A(lka); outlook stable

Fitch Ratings Lanka has affirmed HNB Finance Limited’s (HFL) National Long- Term Rating at ‘A(lka)’ with a stable outlook. The…

byTeam Independent13/02/2020
India’s Cabinet approves protocol amending agreement with Sri Lanka to avoid double taxation
Business News

India’s Cabinet approves protocol amending agreement with Sri Lanka to avoid double taxation

India’s Union Cabinet on Wednesday approved the signing and ratification of the protocol amending the agreement between India and Sri…

byTeam Independent13/02/2020
EDB continues marketing support for Boat Building Sector
Business News

EDB continues marketing support for Boat Building Sector

Boat Building is a focused sector identified in the National Export Strategy (NES) 2018-2020 as it has the potential to…

byTeam Independent12/02/2020
Singer Group posts Rs 341.4 mn Q3 PAT for FY 2019/20
Business News

Singer Group posts Rs 341.4 mn Q3 PAT for FY 2019/20

Reflecting a strong turnaround delivering an impressive surge in Q3 profits for the year 2019/20, the Singer Group reported consolidated…

byTeam Independent12/02/2020
Sri Lanka engaged well with the EU on the GSP+ compliance issues – EU
Business News

Sri Lanka engaged well with the EU on the GSP+ compliance issues – EU

A report released by the European Commission on Sri Lanka’s compliance with the Generalized Scheme of Preferences or GSP+ said…

byTeam Independent12/02/2020
SriLankan Airlines ponders claiming Airbus graft damages
Business News

SriLankan Airlines ponders claiming Airbus graft damages

The government of Sri Lanka is considering ways of recovering damages, including claiming compensation from France’s Airbus SE, after the…

byTeam Independent12/02/2020

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