Category: BUSINESS

Another Srilankan Airlines Service from Colombo to Kolkata 

Another Srilankan Airlines Service from Colombo to Kolkata 

Apr 19, 2018

Srilankan Airlines Service has decided to start another service from Colombo to Kolkata as from 1st May 2018. Four flights are ... Read More

CB Issues Notice on Virtual Currencies in Sri Lanka

CB Issues Notice on Virtual Currencies in Sri Lanka

Apr 17, 2018

The Central Bank yesterday in a statement said that it has not given a licence or authorisation to any entity ... Read More

Surge in Aussie visitors following launch of SriLankan Airlines direct flights Down Under

Surge in Aussie visitors following launch of SriLankan Airlines direct flights Down Under

Apr 11, 2018

The number of visitors to Sri Lanka from Australia and New Zealand has surged following SriLankan Airlines’ commencement of daily ... Read More

Largest Business Delegation Off to London

Largest Business Delegation Off to London

Apr 10, 2018

This year Sri Lanka will despatch its largest-ever business and trade delegation targeting the Commonwealth. Sri Lanka is also scheduled ... Read More

Facebook Shares Rise As Zuckerberg Soothes Investors

Facebook Shares Rise As Zuckerberg Soothes Investors

Apr 6, 2018

Shares of Facebook Inc rose as much as 4.2 percent on Thursday after Chief Executive Officer Mark Zuckerberg said the social network ... Read More

Prices of 600 items Slashed in Sathosa

Prices of 600 items Slashed in Sathosa

Mar 29, 2018

In a press conference held at the Ministry of Finance Sathosa Additional Executive Officer S.H.M. Faraaz has announced that prices ... Read More

India’s Mahindra and Sri Lanka’s Ideal Group in JV to Assemble Vehicles

India’s Mahindra and Sri Lanka’s Ideal Group in JV to Assemble Vehicles

Mar 28, 2018

 Mahindra and Mahindra Ltd. (M&M) has announced the establishment of a Joint Venture (JV) with Ideal Motors Ltd. for assembling ... Read More

Chinese Steel Futures Tumble on Trade War Fears

Chinese Steel Futures Tumble on Trade War Fears

Mar 23, 2018

Chinese steel futures shed more than 6 per cent on Friday and hit their lowest in more than eight months ... Read More

Sri Lanka Inflation Down To 3.2-Pct in Feb 2018

Sri Lanka Inflation Down To 3.2-Pct in Feb 2018

Mar 22, 2018

Sri Lanka’s National Consumer Price Index (NCPI) slowed to 3.2 percent in February 2018 from 5.4 percent in January, on ... Read More

Sri Lanka Economy Grew 3.1-Pct In 2017: Statistics Dept.

Sri Lanka Economy Grew 3.1-Pct In 2017: Statistics Dept.

Mar 21, 2018

Sri Lanka’s statistics office says economic growth rate for the year 2017 has been estimated as 3.1 percent. Agriculture, Industry, ... Read More

Oil Prices Fall As Increased U.S. Drilling Points to Higher Output

Oil Prices Fall As Increased U.S. Drilling Points to Higher Output

Mar 19, 2018

Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a ... Read More

Sri Lankan Rupee Hits Fresh Low on Importer Dollar Demand

Sri Lankan Rupee Hits Fresh Low on Importer Dollar Demand

Mar 16, 2018

The Sri Lankan rupee hit a new low of 156.10 per dollar on Wednesday as importer dollar demand outweighed mild ... Read More

Singapore Remains World’s Most Expensive City In 2018

Singapore Remains World’s Most Expensive City In 2018

Mar 15, 2018

The results of this year’s Worldwide Cost of Living survey reveal that Singapore is the most expensive city in the ... Read More

Sri Lanka Tourist Arrivals Up 19.3-Pct in February 2018

Sri Lanka Tourist Arrivals Up 19.3-Pct in February 2018

Mar 12, 2018

Sri Lanka tourist arrivals increased 19.3 percent in February against last year with the largest source market for tourists becoming China, followed ... Read More

Oil Rises after Two-Day Fall, Gains Limited by Stronger Dollar

Oil Rises after Two-Day Fall, Gains Limited by Stronger Dollar

Mar 1, 2018

Oil prices edged up on Thursday after sharp falls in the previous two sessions, though gains were limited as some ... Read More