Business

BusinessPrins PereraTags: Print EditionDFCC Bank PLC announced the opening of an Indian Rupee-denominated Nostro Account with HDFC Bank in India. The move follows the Central Bank of Sri Lanka (CBSL) classifying the Indian Rupee as a…

BusinessSEC Chairman Faizal Salieh and Director General Chinthaka Mendis.Tags: Print EditionThe Securities and Exchange Commission of Sri Lanka (SEC) Chairman Faizal Salieh who met with representatives of the stock broking industry last…

Domestic debt already restructuredBusinessFormer CBSL Governor Indrajit CoomaraswamyTags: Print EditionFormer Central Bank Governor Dr Indrajit Dr. Coomaraswamy was dismissive of many local and international negative growth forecasts for…

Port invests Rs.144 Mn for passenger terminal, SL Navy to handle constructionBusinessTags: Print EditionMinister of Ports, Shipping and Aviation, Nimal Siripala de Silva says the first ferry line of the new ferry service to be operated…

BusinessBritish Council Sri Lanka Country Director Orlando Edwards with FISD Program Director Samitha Sugathimala.Tags: Print EditionFoundation for Innovative Social Development (FISD), in partnership with British Council Sri Lanka,…

BusinessTags: Print EditionA strong delegation of business leaders from the Sri Lankan construction industry will be setting forth to New Delhi to participate in the 8th Smart Cities India and 30th Convergence India 2023 Expo, organized by…

BusinessTags: Print EditionBourse further dipped by 131 points and recorded at 9,396 primarily due to profit taking on the banking sector, which was the biggest contributor to the index yesterday. LIOC continued to decline with…

BusinessTags: Print EditionA group of Japanese investors along with Japan Deputy Head of Mission Katsuki Kotaro recently called on the Board of Investment (BOI) to discuss investment opportunities in Sri Lanka. It’s expected that the much…

BusinessTags: Print EditionSri Lanka tea production for the month of February 2023 totalled 18.71 M/Kgs, showing an increase of 0.55 M/Kgs vis-à-vis 18.16 M/Kgs of February 2022. High Growns have shown a marginal decline, whilst the Medium…

BusinessTags: Print Edition“The government has decided to sell government shares in several institutions”, said State Minister of Finance Ranjith Siyambalapitiya. These include SriLankan Airlines, Telecom, Insurance Corporation, Grand…