Business

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…

BusinessTags: Print EditionThe IMF staff-level agreement with Sri Lanka on a USD2.9 billion programme, confirmed on 1 September, appears to signal a sharp change in policy settings to achieve macroeconomic stability, including through…

BusinessFirst high-net-worth individual at BIA exclusive services receives an award.Tags: Print EditionAirport & Aviation Services (AASL) a private company fully owned by the government says that even after facing the COVID-19…

BusinessTags: Print EditionThe Paris Club (French: Club de Paris) a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor…

Admits wrongdoing and accepts blame for current crisisBusinessIndunil HewageAirtel Sri Lanka CEO Ashish Chandra. Picture by Wimal Karunatillake.Tags: Print EditionThe profitability of Sri Lanka’s Telecommunication industry is…

Need whistleblowersBusinessIRD Commissioner D.R.S. Hapuarachchi receiving a token from tax consultants at CA Sri Lanka.Tags: Print EditionThe Inland Revenue Department (IRD) has accepted blame for its role in the failure of the…

Admits wrongdoing and accepts blame for current crisisBusinessIndrajit CoomaraswamyTags: Print EditionA new Central Bank act shall be at the forefront of IMF’s proposed reform. An existing legal framework has already gotten cabinet…

BusinessTags: Print EditionSupporting critically ill patients to return to good health, the Welfare Committee of Ideal Motors, hosted a Blood Donation Campaign recently on 3 September, at the Ideal Motors, Central Workshop premises,…

Parliamentary Budget Office Act soonNeed to do away with unsolicited proposalsBusinessFizel JabirDr Harsha De SilvaTags: Print Edition  Article 148 of the Constitution gives Parliament full control over public finance and the Committee…

BusinessTags: Print EditionSouthbeach Weligama, Sri Lanka’s most exciting new freehold address on the picturesque Weligama coast completed its first phase of construction, the completion of the raft foundation, ahead of schedule…