Business
SriLankan cuts losses in first half
Trims losses by 11.6% to US$ 76mn Revenue down 70% to US$ 43mn Operating expenditure down to US$ 55mn Plans
Read moreAir quality in Colombo worsens
Mist-like conditions prevailed in Colombo both on Tuesday and Wednesday with the air quality in Sri Lanka’s capital recording unhealthy
Read moreElection pledges threaten fiscal targets under IMF
Sri Lanka’s two top presidential candidates are offering election giveaways, from free housing to sanitary pads for women as well
Read moreWeak leisure sector hinders JKH 2Q earnings; consumer, retail segments gain momentum
The performance of Sri Lanka’s largest listed company, John Keells Holdings PLC (JKH) was hampered by its weak leisure sector
Read moreUnion Bank September earnings up on portfolio realignment
Union Bank of Colombo PLC reported higher earnings for the period ended September 30, 2019 (3Q19), but the core-banking operations
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