Bairaha Farms December performance aptly displays poultry industry woes
Bairaha Farms PLC reported losses for the quarter ended December 31, 2019 as cost of sales rose while revenue slipped…
Category: MARKETS
Sri Lanka farmgate fresh milk prices soar as demand outpaces supply
BY TANIA MADIES Sri Lanka’s farmgate fresh milk prices have soared around 20 percent in some areas amid tighter supplies and…
Ceramics: Manufacturers need to focus on creating new trends
By Sanjeevi Jayasuriya The ceramics industry uses a lot of energy in terms of LP gas, furnace oil, kerosene and…
Tesla overtakes Volkswagon as world’s second most valuable carmaker
Tesla Inc has overtaken Germany’s Volkswagen as the world’s second most valuable carmaker behind Japan’s Toyota as the meteoric rise…
Dialog Enterprise pledges to digitalize the finance sector
Dialog Enterprise, the business solutions arm of Dialog Axiata PLC, showcased its readiness to digitalize the financial sector of the…
Manjula de Silva appointed Sec Gen & CEO of Ceylon Chamber of Commerce
Manjula de Silva will assume duties as the Secretary-General and CEO of the Ceylon Chamber of Commerce, from February 1st,…
Sri Lanka’s private sector credit growth picks up in December
Growth of credit extended to the private sector has picked up in December 2019, on a year-on-year basis, following a…
Colombo Chamber submits proposal to effectively implement SME moratorium
Colombo Chamber of Commerce has decided to submit several proposals for the effective implementation of the moratorium for SMEs and…
Maldivian hotels resume operations, Avg room rates above expectations: JKH
Sri Lanka’s diversified John Keells Holdings says that all four of their Maldivian hotels are now in operation with the…
Current trends may lead to undesirable turnaround in market lending rates
Market lending rates have adjusted downwards, in response to monetary and regulatory measures taken by the Central Bank, but the…