Central Bank Maintains Policy Interest Rates Unchanged
Monetary Board of the Central Bank at its meeting held on 10 May 2018 has decided to maintain policy interest…
Category: BUSINESS
Sri Lanka GDP Will Grow At 3.7-Pct in Q1
Sri Lanka’s will grow at 3.7 percent in the first quarter of 2018, althought this below the islands potential, the Governor…
Oil Prices Hit Highest In Years As Markets Adjust To Looming Sanctions on Iran
Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed US sanctions against…
Sri Lanka Shows 4.2-Pct Unemployment Rate For 2017
Sri Lanka’s statistics office said that the estimated unemployment rate for 2017 has been 4.2 percent. Unemployed persons are defined…
Sri Lanka Tourist Arrivals Up 12.6-Pct in April 2018
Sri Lanka tourist arrivals increased 12.6 percent in April this year against last year with the largest source market for…
Hotels Association Welcomes Govt. Decision to Demolish Illegal Structures in Mirrissa
The Hotels association of Srilanka (THASL) yesterday expressed its sincere appreciation for the government decision to demolish unauthorized structures and…
Sri Lanka Ports Authority Posts 15.3-pct Growth in 1Q 2018
Sri Lanka Ports Authority has recorded a total growth of 15.3 percent in terms of profits for the first quarter…
Sri Lanka Rupee Slips to Low of 158.00: Stocks Down 0.2-Pct
The Sri Lanka rupee hit a new low of 157.90/158.00 rupees against the US dollar during morning trade in the spot…
Central Bank Says Foreign Sentiment Signals Confidence in Sri Lanka’s Economy
Sri Lanka’s Central Bank said recent indicators reflect positive sentiment expressed by external foreign parties regarding the performance of the…
OPPO Introduces F7 Smart Phone with AI Beauty 2.0 Technology
Selfie Expert and Leader OPPO has introduced its new F7 Mobile Phone recently at the Galle Face Hotel with the…
Commonwealth is Shared Prosperity
British High Commissioner to Sri Lanka James Dauris recently stated that the Commonwealth was diverse and more so when it…
Pakistan Delegation Visit Sri Lanka This Week To Explore Trade Opportunities
A high level delegation of Pakistan Furniture Council (PFC) is scheduled to visit Sri Lanka this week to explore new…
Presidential Commission on UL, Mihin to Record Evidence Soon
President Maithripala Sirisena said that the Presidential Commission appointed to look into the alleged frauds and malpractices in the national…
China’s Massive OBOR Hub For Asia Bullish on Sri Lanka FTA
The South East Asian gateway province to mainland China’s ambitious One Belt-One Road (OBOR) initiative voiced its impatience to witness…
Biggest Lankan Delegation at London’s Commonwealth Business Forum
A record number of Sri Lankan small and medium scale business delegates participated at the Commonwealth Business Forum that was…