Another Srilankan Airlines Service from Colombo to Kolkata
Srilankan Airlines Service has decided to start another service from Colombo to Kolkata as from 1st May 2018. Four flights are…
Category: BUSINESS
CB Issues Notice on Virtual Currencies in Sri Lanka
The Central Bank yesterday in a statement said that it has not given a licence or authorisation to any entity…
Surge in Aussie visitors following launch of SriLankan Airlines direct flights Down Under
The number of visitors to Sri Lanka from Australia and New Zealand has surged following SriLankan Airlines’ commencement of daily…
Largest Business Delegation Off to London
This year Sri Lanka will despatch its largest-ever business and trade delegation targeting the Commonwealth. Sri Lanka is also scheduled…
Facebook Shares Rise As Zuckerberg Soothes Investors
Shares of Facebook Inc rose as much as 4.2 percent on Thursday after Chief Executive Officer Mark Zuckerberg said the social network…
Prices of 600 items Slashed in Sathosa
In a press conference held at the Ministry of Finance Sathosa Additional Executive Officer S.H.M. Faraaz has announced that prices…
India’s Mahindra and Sri Lanka’s Ideal Group in JV to Assemble Vehicles
Mahindra and Mahindra Ltd. (M&M) has announced the establishment of a Joint Venture (JV) with Ideal Motors Ltd. for assembling…
Chinese Steel Futures Tumble on Trade War Fears
Chinese steel futures shed more than 6 per cent on Friday and hit their lowest in more than eight months…
Sri Lanka Inflation Down To 3.2-Pct in Feb 2018
Sri Lanka’s National Consumer Price Index (NCPI) slowed to 3.2 percent in February 2018 from 5.4 percent in January, on…
Sri Lanka Economy Grew 3.1-Pct In 2017: Statistics Dept.
Sri Lanka’s statistics office says economic growth rate for the year 2017 has been estimated as 3.1 percent. Agriculture, Industry,…
Oil Prices Fall As Increased U.S. Drilling Points to Higher Output
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a…
Sri Lankan Rupee Hits Fresh Low on Importer Dollar Demand
The Sri Lankan rupee hit a new low of 156.10 per dollar on Wednesday as importer dollar demand outweighed mild…
Singapore Remains World’s Most Expensive City In 2018
The results of this year’s Worldwide Cost of Living survey reveal that Singapore is the most expensive city in the…
Sri Lanka Tourist Arrivals Up 19.3-Pct in February 2018
Sri Lanka tourist arrivals increased 19.3 percent in February against last year with the largest source market for tourists becoming China, followed…
Oil Rises after Two-Day Fall, Gains Limited by Stronger Dollar
Oil prices edged up on Thursday after sharp falls in the previous two sessions, though gains were limited as some…