Category: BUSINESS

Central Bank Maintains Policy Interest Rates Unchanged

Central Bank Maintains Policy Interest Rates Unchanged

May 14, 2018

Monetary Board of the Central Bank at its meeting held on 10 May 2018 has decided to maintain policy interest ... Read More

Sri Lanka GDP Will Grow At 3.7-Pct in Q1

Sri Lanka GDP Will Grow At 3.7-Pct in Q1

May 14, 2018

Sri Lanka’s will grow at 3.7 percent in the first quarter of 2018, althought this below the islands potential, the Governor ... Read More

Oil Prices Hit Highest In Years As Markets Adjust To Looming Sanctions on Iran

Oil Prices Hit Highest In Years As Markets Adjust To Looming Sanctions on Iran

May 11, 2018

Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed US sanctions against ... Read More

Sri Lanka Shows 4.2-Pct Unemployment Rate For 2017

Sri Lanka Shows 4.2-Pct Unemployment Rate For 2017

May 10, 2018

Sri Lanka’s statistics office said that the estimated unemployment rate for 2017 has been 4.2 percent. Unemployed persons are defined ... Read More

Sri Lanka Tourist Arrivals Up 12.6-Pct in April 2018

Sri Lanka Tourist Arrivals Up 12.6-Pct in April 2018

May 9, 2018

Sri Lanka tourist arrivals increased 12.6 percent in April this year against last year with the largest source market for ... Read More

Hotels Association Welcomes Govt. Decision to Demolish Illegal Structures in Mirrissa

Hotels Association Welcomes Govt. Decision to Demolish Illegal Structures in Mirrissa

May 8, 2018

The Hotels association of Srilanka (THASL) yesterday expressed its sincere appreciation for the government decision to demolish unauthorized structures and ... Read More

Sri Lanka Ports Authority Posts 15.3-pct Growth in 1Q 2018

Sri Lanka Ports Authority Posts 15.3-pct Growth in 1Q 2018

May 8, 2018

Sri Lanka Ports Authority has recorded a total growth of 15.3 percent in terms of profits for the first quarter ... Read More

Sri Lanka Rupee Slips to Low of 158.00: Stocks Down 0.2-Pct

Sri Lanka Rupee Slips to Low of 158.00: Stocks Down 0.2-Pct

May 3, 2018

The Sri Lanka rupee hit a new low of 157.90/158.00 rupees against the US dollar during morning trade in the spot ... Read More

Central Bank Says Foreign Sentiment Signals Confidence in Sri Lanka’s Economy

Central Bank Says Foreign Sentiment Signals Confidence in Sri Lanka’s Economy

May 2, 2018

Sri Lanka’s Central Bank said recent indicators reflect positive sentiment expressed by external foreign parties regarding the performance of the ... Read More

OPPO Introduces F7 Smart Phone with AI Beauty 2.0 Technology

OPPO Introduces F7 Smart Phone with AI Beauty 2.0 Technology

May 1, 2018

Selfie Expert and Leader OPPO has introduced its new F7 Mobile Phone recently at the Galle Face Hotel with the ... Read More

Commonwealth is Shared Prosperity

Commonwealth is Shared Prosperity

Apr 27, 2018

British High Commissioner to Sri Lanka James Dauris recently stated that the Commonwealth was diverse and more so when it ... Read More

Pakistan Delegation Visit Sri Lanka This Week To Explore Trade Opportunities

Pakistan Delegation Visit Sri Lanka This Week To Explore Trade Opportunities

Apr 26, 2018

A high level delegation of Pakistan Furniture Council (PFC) is scheduled to visit Sri Lanka this week to explore new ... Read More

Presidential Commission on UL, Mihin to Record Evidence Soon

Presidential Commission on UL, Mihin to Record Evidence Soon

Apr 26, 2018

President Maithripala Sirisena said that the Presidential Commission appointed to look into the alleged frauds and malpractices in the national ... Read More

China’s Massive OBOR Hub For Asia Bullish on Sri Lanka FTA

China’s Massive OBOR Hub For Asia Bullish on Sri Lanka FTA

Apr 25, 2018

The South East Asian gateway province to mainland China’s ambitious One Belt-One Road (OBOR) initiative voiced its impatience to witness ... Read More

Biggest Lankan Delegation at London’s Commonwealth Business Forum

Biggest Lankan Delegation at London’s Commonwealth Business Forum

Apr 23, 2018

A record number of Sri Lankan small and medium scale business delegates participated at the Commonwealth Business Forum that was ... Read More