Business

CSE to launch multi-currency board

The Colombo Stock Exchange (CSE) will launch a Multi-Currency Board some time next year which will enable overseas companies to…

6 years ago

Rupee ends lower on foreign sell-off on uncertainty

The Sri Lankan rupee ended weaker yesterday amid pressure on the currency due to foreign outflows from bonds and stocks…

6 years ago

Hutch announces plans to invest US $ 200mn following merger with Etisalat

Merging 2G and 3G operations soon and launch of nationwide 4G in 12 months Merger will end up Hutch having…

6 years ago

Low skill trap and skill shortage

In the local and global labour market, those involved in mass production in particular, the trend is towards creating a…

6 years ago

Hutch to return 5MHz of 900MHz band spectrum

The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has instructed Hutchison Telecommunications Lanka (Private) Limited (Hutch Lanka) to hand over…

6 years ago

SriLankan Airlines carbon emissions higher in 2018

ECONOMYNEXT- Efficiency of SriLankan Airlines flights have fallen in 2018, and is contributing more towards carbon emissions, but was ahead…

6 years ago

Sarathkumara Premachandra joins Laugfs Terminals as Director/CEO

Further strengthening its leadership team, Laugfs Holdings, the diversified conglomerate announced the appointment of Sarathkumara Premachandra as Director/Chief Executive Officer…

6 years ago

CB to pay compensation to Standard Credit and Finance depositors

The Central Bank yesterday said it is taking steps to pay compensation to the depositors of The Standard Credit and…

6 years ago

Sri Lanka set to launch global tea promotional campaign in Russia in February

Sri Lanka will launch the much-awaited Rs.4.5 billion global tea promotion in Russia next February, followed by Japan, China and…

6 years ago

8 companies struggle to reach 1 Jan capital deadline of Rs 1.5B

At least eight Licensed Finance Companies (LFCs) have to fulfil their Rs 1.5 billion minimum capital requirements by 1 January,…

6 years ago