Business

LNP – Stock market soars on strong Cabinet; improved outlook with political stability

Market capitalisation up by Rs. 32 b during two daysS&P SL 20 Index up over 2%; Commercial Bank and JKH…

4 years ago

LNP – Evoke celebrates 12 years of redefining digital services

One of the country’s foremost entertainment brands, Evoke International (Pvt) Ltd celebrated its 12th anniversary recently. Evoke is the largest…

4 years ago

Budget deficit in first 5 months up as lockdowns hit revenue

Fiscal deficit increased to 3.9% of estimated GDP, up from 2.8% in 2019 Tax revenue down to Rs.508bn from Rs.705bn last…

4 years ago

LNP-Apparel exports drop 30% in 1H’20

Apparel exports during the first six months of the year (1H’20) declined 30 per cent to nearly US$ 1.8 billion,…

4 years ago

LNP-Loss of Tourism and Remittances Receipts This Year: SL’s Current Account to take a hit of 4.3% – IMF

The loss of tourism and remittances receipts is expected to shave off between 3.8 per cent and 4.3 per cent…

4 years ago

LNP – KH posts Rs.2.43 bn loss in 1Q 2020/21

Sri Lanka’s foremost conglomerate, John Keells Holdings (JKH) Group’s profit before tax (PBT) is a negative Rs.2.43 billion in the…

4 years ago

LNP – Visionary plan by President to develop Colombo

Housing schemes for middle and low income familiesSpecial programme to recycle waste and to mitigate flood disasters President Gotabaya Rajapaksa…

4 years ago

LNP – Dialog Invites customers to experience the power of 5G on its 5G Trial Network

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, extended an open invitation to its valued customers to register their 5G…

4 years ago

LNP – EDB licenses ‘Ceylon Spices’ trademark to preserve originality

Trademark available for use annually for approved producers, processors and exporters of cinnamon, pepper, clove, nutmeg, mace, cardamomApplicable for products…

4 years ago

LNP – Emirates covers customers from COVID-19 expenses

Becomes world’s first airline to offer passengers free cover for COVID-19 medical expenses and quarantine cost Emirates customers can travel…

4 years ago