Business
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)
Read moreShares 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
Read moreTea industry urges sector players to maintain end product quality
Urges to avoid flooding the market with poor quality teas Warns not to resort to such options as significant increase
Read moreCoronavirus 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
Read moreMAS Holdings pins hopes on medical apparel to ride COVID-19 crisis
MAS hands over 4650 units of non-woven disposable coverall PPE to Health Ministry Additional Secretary Dr. Sunil de Alwis (from
Read moreDecline in tourist arrivals tops 44% up to April
April records zero arrivals due to closure of airports and ports Sri Lanka recorded a 44.1 percent YoY decline in
Read moreCSE to resume trading today; foreigners look to sell
Buying interest projected to remain stagnant Market closure severely impacted foreign investor sentiment on CSE Low volumes of trade would likely
Read moreTea sales average hits all-time high in April 2020
Highest ever national sales average recorded for calendar month Jan – April 2020 cumulative average of Rs.618.17 shows an increase
Read moreSeveral new asset classes categorised to support liquidity positions of banks
The Central Bank (CB) has categorised several new assets held by the banking sector as liquid assets, in considering the
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