Category: BUSINESS

Fitch Ratings said Sri Lanka Telecom rating of B+/Negative/AAA(lka)/Stable and Dialog Axiata PLC AAA(lka)/Stable will remain steady despite higher taxes…

Asian stocks slipped on Friday with a fall in crude oil prices dampening investor risk sentiment, while the dollar hovered…

US software colossus Microsoft on Thursday (Oct 20) reported a slip in quarterly profit but still topped expectations due to…

The United Nations Development Programme announced the commencement of a 38.1 million dollar project under the Green Climate Fund to…

Sri Lanka is to introduce an industry-wide and real-time IT solution to integrate functions associated with tea in order to…

Oil prices rose more than two percent on Wednesday (Oct 19), with US crude settling at its highest in 15…

Yahoo’s profits more than doubled in the last three months, a boost for the beleaguered firm whose plan to sell…

The Sri Lankan rupee fell on Tuesday on importer dollar demand in the absence of central bank intervention, said dealers.…

The Sri Lankan rupee was steady for a third straight session on Monday as dollar demand from importers offset exporter…

The Monetary Board, at a special meeting on Friday, considered an interim report on the operations of primary dealers, including…

Asian stocks and the dollar bounced on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation data…

The Sri Lankan rupee traded steady on Friday for a second straight session as dollar demand from importers offset exporter…

Samsung on Friday (Oct 14) estimated that the crisis over its exploding flagship Galaxy Note 7 smartphones would cost the…

Sri Lanka is expected to reach 60th or a higher place in the world ease of doing business index in…

China imported record volumes of crude oil last month, eclipsing the United States as the world’s top buyer of foreign…