Category: BUSINESS

Integrated Management of Risks Key to Success of Sri Lanka’s New Growth Model

Integrated Management of Risks Key to Success of Sri Lanka’s New Growth Model

Nov 2, 2017

To sustain growth, job creation and poverty reduction, Sri Lanka needs to move to a more private investment, tradable sector-led ... Read More

Oil Hits Highest Since Mid-2015 As OPEC Sticks To Supply Deal

Oil Hits Highest Since Mid-2015 As OPEC Sticks To Supply Deal

Nov 1, 2017

Oil rose to its highest since mid-2015 on Wednesday as data showed OPEC has significantly improved compliance with its pledged ... Read More

Registration of  New Vehicles showed downward trend in September

Registration of  New Vehicles showed downward trend in September

Oct 25, 2017

Data gathered and analyzed by an equities research house showed Registrations of new vehicles in Sri Lanka vehicles in Sri ... Read More

Saudi-Funded SR100m Epilepsy Hospital Opens In Colombo Today

Saudi-Funded SR100m Epilepsy Hospital Opens In Colombo Today

Oct 24, 2017

Sri Lankan President Maithripala Sirisena will open a 242-bed epilepsy hospital, which is fully funded by the Saudi Fund for ... Read More

Oil Rises On Tighter Fundamentals, But China Warning Holds Back Market

Oil Rises On Tighter Fundamentals, But China Warning Holds Back Market

Oct 20, 2017

 Oil prices rose on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China ... Read More

Oil Prices Slip Despite Expected OPEC Extension Of Output Cuts

Oil Prices Slip Despite Expected OPEC Extension Of Output Cuts

Oct 12, 2017

Oil prices slipped on Thursday as U.S. fuel inventories rose and despite efforts by OPEC to cut production. A pump ... Read More

Additional USD 1 bn Investment for Financial City Complex by Chinese Port City Investor

Additional USD 1 bn Investment for Financial City Complex by Chinese Port City Investor

Oct 6, 2017

To put up the building for the International Financial City a registered company named ‘CHEC Port City Colombo (PVT) LTD’. ... Read More

Asian Shares Shrug Off Energy Blues, Dollar Firms

Asian Shares Shrug Off Energy Blues, Dollar Firms

Oct 3, 2017

Asian shares rose on Tuesday, taking heart from record closes on Wall Street and upbeat economic data that lifted U.S. ... Read More

Oil Slips Further Below $57 After Third-Quarter Rally

Oil Slips Further Below $57 After Third-Quarter Rally

Oct 2, 2017

Oil dipped further below $57 a barrel on Monday as an increase in U.S. drilling and higher OPEC output put ... Read More

Bombardier Hit By Tariff In Boeing Row

Bombardier Hit By Tariff In Boeing Row

Sep 27, 2017

Thousands of aerospace jobs in the UK could be at risk after the US Department of Commerce ruled against Bombardier ... Read More

Asian Shares Rise Ahead Of U.S. Tax Plan; Dollar Near One-Month High

Asian Shares Rise Ahead Of U.S. Tax Plan; Dollar Near One-Month High

Sep 27, 2017

Shares rose on Wednesday as investors hoped for progress on major tax reform in the United States, while the dollar ... Read More

Sri Lankan Rupee Ends Lower On Importer Dollar Demand

Sri Lankan Rupee Ends Lower On Importer Dollar Demand

Sep 26, 2017

The Sri Lankan rupee ended slightly weaker on Monday as dollar demand from importers outpaced selling of the U.S. currency ... Read More

Oil Holds Gains As Producers Say Market Rebalancing

Oil Holds Gains As Producers Say Market Rebalancing

Sep 25, 2017

Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as ... Read More

Sri Lanka inflation up 7.9-pct in August 2017

Sri Lanka inflation up 7.9-pct in August 2017

Sep 23, 2017

Sri Lanka’s year on year inflation based on the National Consumer Price Index (NCPI) increased to 7.9 percent in August ... Read More

 World Bank Representative Met FM Srilanka Yesterday

 World Bank Representative Met FM Srilanka Yesterday

Sep 22, 2017

Executive Director of the World Bank S. Aparna along with the World Bank’s Country Director for the Srilanka and the ... Read More