Lanka IOC (LIOC) reports profit of Rs490mn for the quarter
Colombo Stock Exchange listed Petroleum retailer Lanka IOC (LIOC) has reported a profit of Rs490mn for the quarter ended December…
Category: MARKETS
Central Bank reduces its policy interest rates
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate…
Nurturing Regional Entrepreneurship: SLASSCOM conducts Uva IT/BPM Week 2019
SLASSCOM recently concluded the fourth edition of its IT/BPM Week, held in the city of Badulla of the Uva Province…
SL presents USD16Bn opportunity for pvt sector to invest in sustainable development: SC Bank
Opportunity2030: The Standard Chartered SDG Investment Map reveals an almost USD 10 trillion (USD 9.668 trillion) opportunity for private-sector investors across…
Ravi Wijeratne slips away from taking over MTD Walkers
Sri Lankan businessman, Ravindranath Srilal Wijeratne, alias Ravi Wijeratne has slipped away from taking over MTD Walkers. According to MTD…
John Keells Hotels (KHL) reports a quarterly loss of Rs398mn
Colombo Stock Exchange listed John Keells Hotels (KHL) reported a loss of Rs389mn in the quarter ended last December. Nine…
Asian Hotels (AHPL) reports a revenue decline of 21% in the December quarter
Colombo Stock Exchange listed Asian Hotels and Properties (AHPL) reported a profit of Rs43mn for the December quarter, while revenue…
Sands Active to manufacture pharmaceutical products under new BOI deal
The Board of Investment of Sri Lanka signed an Agreement with Sands Active (Private) Limited to set up a project…
Sri Lanka’s inflation increased to 6.2-pct in December
Sri Lanka’s headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 6.2 percent…
Sri Lanka democracy index slightly improved in 2019
Sri Lanka’s democracy as measured by the Economist Intelligence Unit’s Democracy Index has been slightly improved to 6.27 (overall score…