Business

BusinessTags: Print EditionSampath Bank recently handed over the restored Pubbiliya Wewa, a 45-acre tank in Pubbiliya, Kurunegala District at a ceremony attended by Bank Officers, members of the executive committee of the local farmers…

BusinessTags: Print EditionSeylan Bank announced the appointment of Ramesh Jayasekara as Deputy Chief Executive Officer (DCEO) of Seylan Bank PLC with effect from September 1. Jayasekara was the Chief Operating Officer prior to his…

BusinessTags: Print EditionThe Grand Hotel Nuwara Eliya owned and operated by Tangerine Hotels has appointed Suresh Abbas as their General Manager. Abbas is a high performance individual with a wealth of experience spanning over three…

BusinessTags: Print EditionSri Lanka attracted 37,760 tourists for August and a total of 500,472 up to September 4, for 2022. The best month for 2022 was March which attracted 106,500 and February 96,507. Wednesday, September 7, 2022 -…

BusinessFizel JabirTags: Print EditionSome of the limitations that the Ceylon Petroleum Corporation (CPC) did have in the past six months were the money it owed to the supplies with long standing suppliers that are still owed about USD…

BusinessTags: Print EditionThe Sri Lanka Government can attract sizable foreign direct Investment (FDI) by auctioning 5G spectrum in an organized and transparent manner said past President Federation of Chambers of Commerce and…

Establishing appropriate framework for formulating monetary policy:BusinessIndunil HewageTags: Print EditionSri Lanka needs to learn from its experience of the past, especially when the country moves forward in terms of establishing…

BusinessTags: Print EditionThe notable decline in import expenditure in July 2022 reflected the impact of overall moderation of activity amidst forex liquidity strains in the banking system, while the policy measures to curtail…

BusinessTags: Print EditionAugust tourism arrivals recorded 37,760 displaying a 20% drop against July arrivals which was 47,293. According to Sri Lanka Tourism Development Authority (SLTDA) data this is the third lowest arrival figure…

BusinessTags: Print EditionColombo bourse remained in the green territory amidst heavy foreign buying and local investor interest on large cap stocks. Thus, All-Share Price Index increased by 49.9 points (+0.5%) to close at 9,366.4 for…