Sri Lanka to Formulate 25 year Electricity Sector Master Plan with JICA
Sri Lanka is planning to develop a comprehensive electricity sector master plan of 25 years for the generation, transmission and…
Category: BUSINESS
Colombo Stock Market Closed low
The benchmark share index of the Colombo stock market ended yesterday at 0.5 percent, or 30.20 points, weaker at 6,031.85,…
SriLankan Airlines does not have any Strategic Plan to Deal with the Losses – COPE
SriLankan Airlines has been asked to do a major overhaul of their strategies and structure to deal with the losses…
Hayleys Brings Happiness and Hope back to Ananthapuram, Mullaitivu.
Puritas Sath Diyawara project infuses renewed life to 3000 villagers The Hayleys Group gave yet another carefully selected village, the…
World’s Leading Financial Magazines Named Commercial Bank as the Best Bank in Srilanka
One of the world’s leading financial magazines has rated Commercial Bank of Ceylon PLC the Best Bank in Srilanka, reaffirming…
4% Surge on Toshiba Medical Unit Sale
The Japanese yen has received much demand in recent months due to more demand for safe-haven assets and lower US…
Asia Stocks Declines Ahead of Federal Reserve Meeting
Asia markets opened lower on Wednesday after Japan’s central bank held back from unleashing new stimulus measures, and as investors…
Japan’s Stocks Gaining Ground in Asia
Stocks in Japan were leading gains in Asia early on Monday, after Wall Street closed at its highest level so…
China’s Recovery From 2008 Financial Crisis Slow Down
China’s industrial output has slowed to its weakest growth since the financial crisis, prompting concerns over the global recovery. China…
Results of Rishad’s Brain Child
Minister of Commerce and Industry, Rishad’s thinking, first time in Srilanka consumers week was declared from 14th to 20th March…
Increasing Oil Prices a Boost to Asian Markets
An increase in oil prices overnight has given stock markets across Asia a boost at the start of trading on…
Asian stocks hit as China economy fears persist
Shares in China and Japan led losses in Asian markets, as investors continued to react to the poor trading figures…
Oil Price Increase US $40 a barrel
Oil dropped below $28 in January, but has since risen as part of a wider recovery in energy and metal…
Toshiba Securer New Loans for Re-Structuring
Toshiba shares rallied more than 10% on Thursday on reports the firm was about to secure substantial new loans for…
Central Bank to Issue US$ 200 million development bonds
Sri Lanka Central Bank has announced its plans to auction US$ 200 million worth of development bonds to foreign and…