Development of local canned fish industry could save country US$ 70 mn annually

2020-07-15   |   Business

The Canned Fish Manufacturers Association of Sri Lanka (CFMASL), thanked the government for assisting local producers and industries during the Covid ...

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May trade gap narrows amid sharp drop in imports

2020-07-14   |   Business

Sri Lanka’s trade deficit narrowed by US $ 416 million in May 2020 to US $ 407 million, as imports slumped to less than US $ 1 billion for the first...

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LNP - Dialog Awarded Sri Lanka’s Most Valuable Brand by Brand Finance for Second Consecutive Year

2020-07-01   |   Business

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’...

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CBSL approves Rs.28 billion business revival loans

2020-06-25   |   Business

The Central Bank has approved 13,861 loan applications under the Phase-I of Saubagya (Prosperity) Loan Scheme, totaling Rs. 27.9 billion, out of which...

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Fire at Kegalle Public Market

2020-06-15   |   Business

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SLI only insurance company to secure AAA(lka) Fitch Rating

2020-06-10   |   Business

Sri Lanka Insurance emerged as the only insurer in Sri Lanka to maintain National Insurer Financial Strength (IFS) rating of ‘AAA(lka) with a Stable...

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Construction sector to demonstrate resilience - ICRA Lanka

2020-06-09   |   Business

Construction sector is expected to demonstrate resilience compared to other economic sectors of Sri Lanka ICRA Lanka in their Construction Sector Outl...

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Tourism business weighs on Aitken Spence March performance

2020-05-26   |   Business

The well-diversified nature helped Aitken Spence PLC to weather two back-to-back crises within one financial year but its leisure sector tilt still ha...

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Prime Group sets benchmark for real estate industry with credit rating

2020-05-22   |   Business

Prime Group has made history becoming the first institution in the Sri Lankan real estate industry to receive a prestigious issuer rating of [A-] Stab...

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Singer March revenues below expectations; expects retail operations to normalise from Sept. quarter

2020-05-19   |   Business

Singer Sri Lanka PLC’s March 2020 top line came in at below the previous year’s levels but reported higher operating profits, possible from reduce...

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