Economic

Online shopping today is not a new phenomenon. From the evolution of the internet to accelerated digitalisation to the booming e-commerce industry, people have come a long way to make life simpler.

Despite assurance from electricity regulator, several parts in the country experience power outages
PUCSL Chief Janaka Ratnayake reiterates no approval given for load shedding
CEB officials say power outages experienced were due to non-availability of fuel
Brandix, MAS, Omega Line take prompt action to ease load on national grid, activate stand-by generators at factories
Power Minister Gamini Lokuge says electricity tariff will not be increased in near future
By Charumini de Silva

Russia dominates tourist traffic with 16% followed by India, Ukraine, UK, Germany and France
89,506 post-COVID record set in December remains unbeaten

නව වැඩබලන අධ්‍යක්ෂ ජනරාල්වරි පත්වීම භාර ගනී

The Colombo stock market yesterday staged a strong recovery after a heavy beating in the early part of the week.

වාහන ආනයනකරුවන්ගෙන් යහපත් ප්‍රතිචාර

District Court declares all persons are equal before the law irrespective of their position in case filed by Lanka Realty Leisure over lease of land in Yala tourism zone

Central Bank Governor Nivard Cabraal on Tuesday declared that the onus to boost foreign reserves and the economy lies with all and not solely on the Central Bank.

After multiple days of losses the Colombo stock market managed to remain resilient yesterday, thereby finishing the first month of 2022 on a positive note.

The Colombo Stock Exchange (CSE) is in the process of revisiting the listing rules governing the basis of allotment of shares in an IPO to ensure greater transparency and fairness in allotting shares to applicant subscribers by prospective issuers.

Hemas Holdings PLC (HHL) said yesterday it delivered a strong and resilient first nine months amidst a challenging operating environment with Group revenue up 20.5% to Rs. 57.7 billion and underlying cumulative operating profit (excluding all disposed entities) up 4.3% to Rs. 4.9 billion.

Reaffirming worsening cost of living, inflation in January has increased to 14.2% up from 12.1% in December.

Tourism Minister calls on SLTDA to take all precautions to ensure safety of tourists
Mandatory COVID insurance coverage revised upwards to $ 75,000 with same fee of $ 12
Steps taken to fast-track setup of Tourist Police Units

The Colombo stock market suffered its sharpest fall in recent months triggering fresh concerns among investors though turnover remained healthy.

An aggressive yet persuasive stance by the Public Utilities Commission (PUCSL) by ensuring there is no regular load shedding amidst the energy crisis has averted an economic loss of Rs. 31 billion in the past three weeks, it has been revealed.

Central Bank Governor Nivard Cabraal yesterday said the request to the International Monetary Fund (IMF) was nothing but routine.

The Colombo stock market began February on a feeble note with both indices down despite near Rs. 10 billion turnover.

Warns both exporters and importers are impacted by critical shortage of foreign exchange
Suggests Govt. to pursue viable alternatives than solely relying on homegrown solutions