Integrated Management of Risks Key to Success of Sri Lanka’s New Growth Model
To sustain growth, job creation and poverty reduction, Sri Lanka needs to move to a more private investment, tradable sector-led…
Category: BUSINESS
Oil Hits Highest Since Mid-2015 As OPEC Sticks To Supply Deal
Oil rose to its highest since mid-2015 on Wednesday as data showed OPEC has significantly improved compliance with its pledged…
Registration of New Vehicles showed downward trend in September
Data gathered and analyzed by an equities research house showed Registrations of new vehicles in Sri Lanka vehicles in Sri…
Saudi-Funded SR100m Epilepsy Hospital Opens In Colombo Today
Sri Lankan President Maithripala Sirisena will open a 242-bed epilepsy hospital, which is fully funded by the Saudi Fund for…
Oil Rises On Tighter Fundamentals, But China Warning Holds Back Market
Oil prices rose on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China…
Oil Prices Slip Despite Expected OPEC Extension Of Output Cuts
Oil prices slipped on Thursday as U.S. fuel inventories rose and despite efforts by OPEC to cut production. A pump…
Additional USD 1 bn Investment for Financial City Complex by Chinese Port City Investor
To put up the building for the International Financial City a registered company named ‘CHEC Port City Colombo (PVT) LTD’.…
Asian Shares Shrug Off Energy Blues, Dollar Firms
Asian shares rose on Tuesday, taking heart from record closes on Wall Street and upbeat economic data that lifted U.S.…
Oil Slips Further Below $57 After Third-Quarter Rally
Oil dipped further below $57 a barrel on Monday as an increase in U.S. drilling and higher OPEC output put…
Bombardier Hit By Tariff In Boeing Row
Thousands of aerospace jobs in the UK could be at risk after the US Department of Commerce ruled against Bombardier…
Asian Shares Rise Ahead Of U.S. Tax Plan; Dollar Near One-Month High
Shares rose on Wednesday as investors hoped for progress on major tax reform in the United States, while the dollar…
Sri Lankan Rupee Ends Lower On Importer Dollar Demand
The Sri Lankan rupee ended slightly weaker on Monday as dollar demand from importers outpaced selling of the U.S. currency…
Oil Holds Gains As Producers Say Market Rebalancing
Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as…
Sri Lanka inflation up 7.9-pct in August 2017
Sri Lanka’s year on year inflation based on the National Consumer Price Index (NCPI) increased to 7.9 percent in August…
World Bank Representative Met FM Srilanka Yesterday
Executive Director of the World Bank S. Aparna along with the World Bank’s Country Director for the Srilanka and the…