Business

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

Urges to avoid flooding the market with poor quality teas Warns not to resort to such options as significant increase

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

MAS hands over 4650 units of non-woven disposable coverall PPE to Health Ministry Additional Secretary Dr. Sunil de Alwis (from

April records zero arrivals due to closure of airports and ports Sri Lanka recorded a 44.1 percent YoY decline in

Buying interest projected to remain stagnant   Market closure severely impacted foreign investor sentiment on CSE  Low volumes of trade would likely

Highest ever national sales average recorded for calendar month Jan – April 2020 cumulative average of Rs.618.17 shows an increase

The Central Bank (CB) has categorised several new assets held by the banking sector as liquid assets, in considering the

Company slapped with deposit and lending caps as capital remains well under regulatory minimum  UB Finance Limited (UBF) has yet

Fitch Ratings cuts ratings of three banks on sovereign downgrade  Says operating conditions for banks becoming increasingly more challenging  Fitch