Business

Sri Lanka may benefit from early buyback of US$ 1bn ISB maturing in October

Sri Lanka may benefit from an early buyback of US$1 billion dollar-denominated international sovereign bond (ISB) maturing this October, although…

5 years ago

Human development on course to decline this year for first time since 1990: UNDP

Global human development, which can be measured as a combination of the world’s education, health and living standards, could decline…

5 years ago

Singer March revenues below expectations; expects retail operations to normalise from Sept. quarter

Singer Sri Lanka PLC’s March 2020 top line came in at below the previous year’s levels but reported higher operating…

5 years ago

February trade gap widens as exports languish; imports up

Feb. trade deficit widens by US$ 574mnExports up by just 0.7% to US$ 988mnImports up 9.1% to US$ 1.56bnAgriculture exports…

5 years ago

UNDP’s HackaDev launches Innovation Challenge to crowdsource ideas for COVID-19 recovery

Ideas and solutions to be sourced from budding social entrepreneurs to support, respond and recover the most vulnerable groupsShortlisted ideas…

5 years ago

Informal sector leads direct-to-consumer market over established channels during lockdowns

In both urban and semi-urban areas, the known small vendors in the locality have been chosen over delivery channels from…

5 years ago

Bourse rebounds after two days of losses

The Colombo Stock Exchange (CSE) rebounded yesterday after two days of losses, with the benchmark All Share Price Index (ASPI)…

5 years ago

Shares fall as consumer, industrial stocks weigh

REUTERS: Sri Lankan stocks closed sharply lower yesterday, weighed by consumer discretionary and industrial stocks, as investors returned to stock…

5 years ago

Tea industry urges sector players to maintain end product quality

Urges to avoid flooding the market with poor quality teasWarns not to resort to such options as significant increase in…

5 years ago

Coronavirus adds huge flywheel to Lankan banks’ digitisation drive

Banks see massive upsurge in digital transaction volumes during lockdowns Want to lock-in low-cost model in post-COVID environment Sri Lanka’s banks…

5 years ago