Lankanwespapers - Sri lanka's Largest Open News Forum

Pan Asia Bank June quarter earnings down 5%

2019-08-16 | Business

Pan Asia Banking Corporation PLC saw its June quarter (2Q19) earnings impacted by weak core banking operations amid contraction in the bank’s loan b...

Indian pepper growers concerned over Sri Lanka’s move to ease exports

2019-08-15 | Business

Business Line: Indian domestic pepper growers have taken strong exception to the reported move by the Sri Lankan government to hold talks with India f...

SriLankan to post loss of up to US $ 16mn due to Easter attacks

2019-08-09 | Business

Sri Lanka’s state-run airline is set to report a loss of up to US $ 160 million this year, as tourism in the island nation suffers following the Eas...

Shares finish at over 5-month high; rupee flat

2019-07-29 | Business

Sri Lankan shares rose for a fourth straight session to hit their highest close in over five months yesterday, led by a rally in beverage and banking ...

Leading apparel exporter calls for clarity and direction

2019-07-25 | Business

A leading apparel exporter in the country has called for clarity and direction from the government for private enterprises to play a key role in regai...

Hayleys assures re-exportation of used mattresses stored at its free zone

2019-07-24 | Business

From left: Hayleys Advantis Limited Director Dr. Asanka Ratnayke, Hayleys Advantis Limited Managing Director Ruwan Waidyratne and HFZT Director Amal R...

Shares extend gains for 8th session on foreign inflows

2019-07-22 | Business

COLOMBO (Reuters) - Sri Lankan shares rose for the eight consecutive session yesterday to end at a more than a four-month high, as banking stocks cont...

S’pore economy shrinks in warning for global trade

2019-07-15 | Business

SINGAPORE (AFP) - Growth in export-reliant Singapore suffered a surprise sharp contraction in the second quarter, official data showed yesterday, send...

Second biggest hotel is family member’s investment

2019-07-09 | Business

The construction work on the second biggest hotel in the Southern province is proceeding apace, they say. This 200-room- hotel coming up on a nine-acr...

TUI pledges support for SL’s tourism industry revival

2019-07-02 | Business

Sebastian Ebel, a member of the Executive Board of TUI AG, responsible for destination experiences, hotels and resorts, cruises and group purchasing, ...