Economic
Over a dozen have been subject to strict action by the capital market regulator Securities and Exchange Commission (SEC) for misconduct some of which taken place over a decade ago.
Believes demand for beer may benefit from consumers trading down from spirits
Affirms Sri Lanka-based Lion Brewery (Ceylon) PLC’s National Long-Term Rating at ‘AAA (lka)’, with a stable outlook
Forecasts drop in strong beer sales volumes to moderate in next 12-18 months
Mild beer sales expected to rise from FY24 on a gradual recovery in tourism
US Embassy Deputy Chief of Mission Doug Sonnek paid a courtesy visit to Board of Investment (BOI) Chairman Raja Edirisuriya on Monday where the discussions revolved around the BOI’s efforts to attract Foreign Direct Investment and boost exports, which are critical to Sri Lanka’s economic recovery.
CSE suspends trading after active S&P SL20 index plunges by 5%
Intraday loss hits 5-month high of 281 points
The Social Security Contribution Tax will come into force from today on importers, manufacturers, service providers, wholesalers, and retailers whose total turnover exceeds Rs. 120 million per annum.
CAA Chairman Upul Dharmadasa declares Sri Lanka is back in business
Reveals negotiations ongoing with Cathay Pacific and Kuwait to resume their services
Likely to crack a deal with Philippine Airlines this week
Says Govt. has assured uninterrupted supply of jet fuel for operations
The Excise Department revenue has increased by Rs. 10 billion, as a result of the new fool-proof sticker initiated in July, Acting Finance Minister Ranjith Siyambalapitiya said yesterday.
The Colombo stock market completed its third consecutive month of gain in September helping to erase a fair chunk of the losses suffered in the early part of the year.
One year after the launch of Airtel Lanka’s industry-disrupting prepaid packs ‘Freedom’, the company announced a staggering 1.7 million users have switched to Airtel Freedom, as at the end of August. “We serve around three million customers in Sri Lanka, aided mainly by this unprecedented adoption of our Freedom packs. The overwhelming customer endorsement reaffirms our strategy of bringing simplicity and value through our products,” Airtel Lanka Managing Director/CEO Ashish Chandra said.
First eight-months export haul surpasses $ 8 b mark, up 12% over 2021
Merchandise exports in August amount to $ 1.21 b in August, up 10% YoY
Maintains over $ 1 b exports for fourth consecutive month
Services exports for 8 months estimated at $ 1.3 b
The Government has advertised a spot tender to procure coal in the short-term as per the International Competitive Bidding process.
කොළඹ වරාය නගරයේ ව්යාපාරික කටයුතු පවත්වාගෙන යාම සඳහා ඇමරිකානු ඩොලර් 2000 ක වාර්ෂික බද්දක් අය කිරීමට කොළඹ වරාය නගර ආර්ථික කොමිෂන් සභාව තීරණය කර තිබෙනවා.
Latest CCC-USAID Export Barometer Survey reveals exporters pessimistic over outlook on economy and orders, SMEs more vulnerable to crisis
The latest bi-annual Export Barometer Survey indicates that exporters are increasingly concerned about the implications of the expected contraction of the Sri Lankan economy in the latter half of 2022 on export orders, with SMEs particularly vulnerable to the intensifying economic crisis.
Page 99 of 278