Business

BusinessTags: Print EditionEmirates SkyCargo has added two Boeing 747-400Fs to its freighter fleet, showing its strong confidence in the global cargo market in a current environment of volatility. The cargo division of Emirates, the world’s…

BusinessTags: Print EditionAfter consecutive gains in the last three sessions, bourse witnessed slight profit booking in selected counters while weak retail participation further dimmed market sentiment. ASPI moved with sizeable volatility…

BusinessTags: Print EditionFitch Ratings has affirmed Sri Lanka-based Sunshine Holdings PLC’s National Long-Term Rating at ‘AA+(lka)’. The outlook is stable. The affirmation and Stable Outlook reflect Fitch’s view that Sunshine’s exposure…

BusinessTags: Print EditionAIA delivered strong year-on-year growth from all their reportable segments and an overall 28% increase in value of new business (VONB) to US$ 1,046 million for the first quarter of 2023 ended 31 March 2023. Lee…

BusinessTags: Print EditionThe United Nations Development Programme (UNDP) Sri Lanka is working closely with the Ministry of Transport and Highways and the Ministry of Power and Energy, together with the Department of Motor Traffic and the…

BusinessShirajiv SirimaneTags: Print EditionSri Lanka Tourism can attract over 3 million tourist arrivals from India alone if proper focused promotions are done to India, said Priyank Gupta, Chairman City Construction Contractors Pvt. Ltd.…

Sri Lanka’s creditor nations meetBusinessTags: Print Edition Sri Lanka’s creditor nations held their first meeting yesterday (Tuesday) online to co-ordinate restructuring the island nation’s debt. The meeting, within a new framework, was…

BusinessTags: Print EditionMinister of Plantation Industries and Export Agriculture, Dr. Ramesh Pathirana, State Minister for Primary Industries, Chamara Sampath Dasanayake, is seen with Group Chief Officer Dialog Enterprise Navin Peiris…

BusinessShirajiv SirimaneRohan SenewiratneTags: Print EditionThe Government of Sri Lanka (GoSL) is in the process of implementing deep economic reforms including in the State-Owned Enterprise (SOE) sector. In accordance with this principle…

BusinessTags: Print EditionIndia has extended a US$1 billion credit line for Sri Lanka by one year, a Sri Lankan official told international new agency on Tuesday, giving the crisis-hit country a backup fund to pay for essential imports.…