Business

SriLankan cuts losses in first half

Trims losses by 11.6% to US$ 76mn Revenue down 70% to US$ 43mn Operating expenditure down to US$ 55mn Plans…

5 years ago
Air quality in Colombo worsens

Air quality in Colombo worsens

Mist-like conditions prevailed in Colombo both on Tuesday and Wednesday with the air quality in Sri Lanka’s capital recording unhealthy…

5 years ago
Election pledges threaten fiscal targets under IMF

Election pledges threaten fiscal targets under IMF

Sri Lanka’s two top presidential candidates are offering election giveaways, from free housing to sanitary pads for women as well…

5 years ago
Weak leisure sector hinders JKH 2Q earnings; consumer, retail segments gain momentum

Weak leisure sector hinders JKH 2Q earnings; consumer, retail segments gain momentum

The performance of Sri Lanka’s largest listed company, John Keells Holdings PLC (JKH) was hampered by its weak leisure sector…

5 years ago