Business

TEA says Budget 2019 “below expectation” of tea exporters

The Tea Exporters Association (TEA) yesterday said the proposals in Budget 2019 were “somewhat below the expectations of tea exporters”.…

6 years ago

Nasdaq raises offer price to buy Norway stock exchange

REUTERS: Nasdaq Inc. yesterday sweetened its offer to buy Norway-based exchange operator Oslo Bors to 158 Norwegian krones per Oslo…

6 years ago

SL reaches staff level agreement with IMF to extend loan deal

Govt. requests to extend programme for an additional year with remaining disbursements being evenly spread Govt. commits to primary surplus…

6 years ago

SL must implement economic reforms immediately

Sri Lanka needs to implement much needed economic reforms at least for the next five years, particularly to address the…

6 years ago

Sri Lanka sets eyes on exiting FATF grey list by this June

FATF recognizes SL’s action plan to counter money laundering, terrorist financing  Team of FATF evaluators to visit SL during May…

6 years ago

Tourist accommodation increases

The number of tourist accommodation rooms grew by 1,521 (4.14%) to 38,214 and their corresponding establishments by 97 (4.38%) to…

6 years ago

Sri Lanka sets eyes on exiting FATF grey list by this June

FATF recognizes SL’s action plan to counter money laundering, terrorist financing  Team of FATF evaluators to visit SL during May…

6 years ago

Rupee, stocks end largely flat after Central Bank’s reserve ratio cut

COLOMBO (REUTERS) - The Sri Lankan rupee and the main stock index ended little changed yesterday after the Central Bank…

6 years ago

SL told to negotiate more realistic budget deficit target with IMF

From left: Standard Chartered ASEAN and South Asia FX Research Head Divya Devesh, South Asia Economist Sourav Anand and Global…

6 years ago

Softlogic 3Q hit by weak retail sales, currency depreciation and import restrictions

Softlogic Holdings PLC recorded a net loss of Rs. 346.6 million for the quarter ended December 31, 2019 (3Q19) from…

6 years ago