Business

BusinessBOI Director General Renuka M. Weerakone together with HDDES Group Chairman, H. D. De Silva during a recent factory visit in HoranaTags: Print EditionSri Lanka should diversify exports while promoting non-traditional products…

BusinessTags: Print EditionColombo market continued its positive momentum with new hopes yesterday expecting a new leader and the all party government. Sri Lanka Acting President Ranil Wickremesinghe has declared a state of emergency…

Electing head of State by legislatureBusinessTags: Print EditionThe International Chamber of Commerce of Sri Lanka (ICCSL) representing a voice for the business and industrial sector highlights the importance of the decision to be made…

BusinessTags: Print EditionGRI has completed phase II of its USD 100 million production capacity up gradation investment for its specialty tire facility in Sri Lanka. With phase II complete, production capacity will be increased by…

Local workers can earn in foreign currencyBusinessPort City Financial Centre artist sketch.Tags: Print EditionThe legal framework for the operation of bank accounts for investments in Colombo Port City has been made operational. The…

BusinessVijay MallyaTags: Print EditionIndia’s top court has sentenced tycoon Vijay Mallya to four months in jail for disobeying an earlier court judgment linked to the collapse of his airline. India has previously made efforts to…

Request stability to ensure economic activityBusinessTags: Print EditionThe Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) calls upon all political parties and authorities to ensure in bringing in a…

BusinessDespite the political volatility tourists are seen opposite the Fort Railway station. Picture by Shirajiv Sirimane.Tags: Print EditionTourist arrivals slowed notably in May 2022 to 30,207, compared to 62,980 arrivals recorded…

BusinessTags: Print EditionThe Manufacturing PMI declined in June 2022, indicating a setback in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI recorded an index value of 44.1 in June 2022, with a…

BusinessTags: Print EditionIn response to recent political changes, the Sri Lankan diaspora has begun the ‘# Sri Lanka Dollar Challenge’ which encourages users to remit currency into the local banking sector and post proof of…