LNP – Sharp fall in proxy lending rate for SMEs in July
AWNLR falls sharp 131bps to 9.87% indicating significant boost to small biz Decline in prime lending rate close to its historically
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Belgium, Singapore, Japan and Korea signal willingness to invest in Port City
“Many investors from Belgium, Singapore, Japan, and Korea have pledged their willingness to commence various trade activities in the Colombo
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LNP – Prasanna to make case for re-opening BIA to tourists before Cabinet
Tourism Minister Prasanna Ranatunga will present to the Cabinet the case for re-opening the Sri Lankan borders as early as
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LNP – Stock market soars on strong Cabinet; improved outlook with political stability
Market capitalisation up by Rs. 32 b during two days S&P SL 20 Index up over 2%; Commercial Bank and
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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
Read moreBudget 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
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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,
Read moreLNP-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
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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
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LNP – Visionary plan by President to develop Colombo
Housing schemes for middle and low income families Special programme to recycle waste and to mitigate flood disasters President Gotabaya
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