Ravi Wijeratne offers to buy troubled MTD Walkers
Company says Wijeratne has reached agreement with Malaysian parent to acquire shares To make a voluntary offer to all shareholders
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Business
Rupee ends at its lowest in over 7 months; stocks fall
Sri Lanka’s rupee closed at its lowest level in over seven months as foreign fund outflows from government securities rose,
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Foreign outflows from Sri Lanka govt. bonds settling after rate cut, says Central Bank
(Colombo) REUTERS: Outflows from Sri Lanka’s government securities have been settling after the Central Bank’s rate cut last month, the
Read moreFinance Ministry rubbishes People’s Bank privatization claims
Says amendments to People’s Bank Act aimed at increasing the bank’s capital base Stresses privatization allegations baseless and politically-motivated The
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Higher credit costs and taxes to put banking sector profitability under pressure: Moody’s
Moody’s maintains negative outlook for Sri Lanka’s banking sector Forecasts SL’s GDP growth to slow to 2.6% in 2019 from
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Peter Kuruvita joins as guest chef for Sri Lanka at Expo 2020 Dubai
Peter Kuruvita with Development Strategies and International Trade Minister Malik Samarawickrama, Development Strategies and International Trade Deputy Minister Nalin Bandara,
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Tourism Minister to meet Russian envoy over travel advisory
From left: Board of Airline Representatives Chairman Dimuthu Tennakoon, Immigration and Emigration Department Controller General Pasan Ratnayake, SLTDA Director General
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PM declares open Phase 1 of Bogambara Cultural Park
Prime Minister Ranil Wickremesinghe formally unveiling a plaque to mark the occasion A ceremony was held on August 24
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Trade war fractures Asian global value chains
On August 24, US President Donald Trump announced an increase from 25 to 30 percent for the existing tariffs on
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LOT Polish Airlines to launch Warsaw-Colombo direct flights from November
New seasonal service from Warsaw to Colombo already on sale Colombo becomes LOT’s 6th long-haul Asian destination LOT CEO says decided
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