Sri Lanka's Keells Foods net grows 34-pct in June, revenues up

2018-07-20   |   Business

Sri Lanka's Keells Food Products said profits grew 34 percent from a year earlier to 56.3 million rupees in the June 2018 quarter on expanding sales o...

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Govt. launches landmark five-year National Export Strategy

2018-07-20   |   Business

SL eyes $ 28 b export revenue by 2022 PM says NES catalyst to link to global value chains, increase exports and create jobs  Officials to mee...

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Virtusa’s Kris Canekeratne selected as EY Entrepreneur of The Year® 2018 award winner in New England regional finals

2018-07-19   |   Business

SOUTHBOROUGH, MA – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services tha...

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Tourism earnings up 14.7% Jan-May Forex income hits US$ 1.8B

2018-07-13   |   Business

Sri Lanka earned nearly US$ 1.8 billion from tourism during the first five months of this year, up 14.7 per cent compared to US$ 1.65 billion a year a...

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Businessman pleads guilty to smuggling ganja by post

2018-07-13   |   Business

MP, ex-Senior DIG defend him Colombo Fort Magistrate Lanka Jayaratne yesterday deferred a case filed against a leading businessman charged with smuggl...

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ETI Finance to be purchased at US $ 75 million

2018-07-12   |   Business

Singapore-registered Blue Summit Capital Management Ltd and Sri Lanka’s Ben Holdings Ltd. have made a joint investment to purchase the crisis-hit fi...

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‘Fiscal position under stress from doubled car and gold imports this year’

2018-07-09   |   Business

Gold and car imports have doubled this year compared to last year, creating tremendous pressure on the fiscal position and on the whole economy, Centr...

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Earnings of listed corporates gain in March quarter

2018-07-09   |   Business

Values up 28.5% to Rs. 98 b and by 15.4% to Rs. 87.5 b excluding one-off profits for two corporates Food, Beverage and Tobacco, Bank and Capit...

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ADB to invest in Lanka’s Healthcare Sector.

2018-07-04   |   Business

The Asian Development Bank (ADB) has agreed to invest $10 million of equity in DCDC Healthcare Services Private Limited (DCDCPL), a company providing ...

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Public Sector officials oppose audit bill – Auditor General

2018-07-03   |   Business

Auditor General Gamini Wijesinghe called on the Mahanayake’s of the Malwathu and Asgiri Chapters and commented on the proposed Audit bill which will...

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