Category: BUSINESS

Sri Lanka to Formulate 25 year Electricity Sector Master Plan with JICA

Sri Lanka to Formulate 25 year Electricity Sector Master Plan with JICA

Apr 4, 2016

Sri Lanka is planning to develop a comprehensive electricity sector master plan of 25 years for the generation, transmission and ... Read More

Colombo Stock Market Closed low

Colombo Stock Market Closed low

Mar 30, 2016

The benchmark share index of the Colombo stock market ended yesterday at 0.5 percent, or 30.20 points, weaker at 6,031.85, ... Read More

SriLankan Airlines does not have any Strategic Plan to Deal with the Losses – COPE

SriLankan Airlines does not have any Strategic Plan to Deal with the Losses – COPE

Mar 30, 2016

SriLankan Airlines has been asked to do a major overhaul of their strategies and structure to deal with the losses ... Read More

Hayleys Brings Happiness and Hope back to Ananthapuram,  Mullaitivu.

Hayleys Brings Happiness and Hope back to Ananthapuram, Mullaitivu.

Mar 25, 2016

Puritas Sath Diyawara project infuses renewed life to 3000 villagers The Hayleys Group gave yet another carefully selected village, the ... Read More

World’s Leading Financial Magazines Named Commercial Bank as the Best Bank in Srilanka

World’s Leading Financial Magazines Named Commercial Bank as the Best Bank in Srilanka

Mar 23, 2016

One of the world’s leading financial magazines has rated Commercial Bank of Ceylon PLC the Best Bank in Srilanka, reaffirming ... Read More

4% Surge on Toshiba Medical Unit Sale

4% Surge on Toshiba Medical Unit Sale

Mar 18, 2016

The Japanese yen has received much demand in recent months due to more demand for safe-haven assets and lower US ... Read More

Asia Stocks Declines Ahead of Federal Reserve Meeting

Asia Stocks Declines Ahead of Federal Reserve Meeting

Mar 16, 2016

Asia markets opened lower on Wednesday after Japan's central bank held back from unleashing new stimulus measures, and as investors ... Read More

Japan’s Stocks Gaining Ground in Asia

Japan’s Stocks Gaining Ground in Asia

Mar 14, 2016

Stocks in Japan were leading gains in Asia early on Monday, after Wall Street closed at its highest level so ... Read More

China’s Recovery From 2008 Financial Crisis Slow Down

China’s Recovery From 2008 Financial Crisis Slow Down

Mar 14, 2016

China's industrial output has slowed to its weakest growth since the financial crisis, prompting concerns over the global recovery. China ... Read More

Results of Rishad’s Brain Child

Results of Rishad’s Brain Child

Mar 11, 2016

Minister of Commerce and Industry, Rishad’s thinking, first time in Srilanka consumers week was declared from 14th to 20th March ... Read More

Increasing Oil Prices a Boost to Asian Markets

Increasing Oil Prices a Boost to Asian Markets

Mar 10, 2016

An increase in oil prices overnight has given stock markets across Asia a boost at the start of trading on ... Read More

Asian stocks hit as China economy fears persist

Asian stocks hit as China economy fears persist

Mar 9, 2016

Shares in China and Japan led losses in Asian markets, as investors continued to react to the poor trading figures ... Read More

Oil Price Increase US $40 a barrel

Oil Price Increase US $40 a barrel

Mar 8, 2016

Oil dropped below $28 in January, but has since risen as part of a wider recovery in energy and metal ... Read More

Toshiba Securer New Loans for Re-Structuring

Toshiba Securer New Loans for Re-Structuring

Mar 3, 2016

Toshiba shares rallied more than 10% on Thursday on reports the firm was about to secure substantial new loans for ... Read More

Central Bank to Issue US$ 200 million development bonds

Central Bank to Issue US$ 200 million development bonds

Mar 2, 2016

Sri Lanka Central Bank has announced its plans to auction US$ 200 million worth of development bonds to foreign and ... Read More