Business

With Dialog, MAS, Hemas and Sarvodaya:BusinessTags: Print Edition‘Manudam Mehewara’ initiative by Dialog Axiata PLC, MAS Holdings, Hemas Holdings PLC, Sarvodaya Shramadana Movement and PwC Sri Lanka commenced the distribution of…

BusinessTags: Print EditionThe Treasury Bill Auctions held on April 20 showed both an increase in yields across the three tenures and a significant rejection of bids. The 91 day Treasury bill yield went from 19.71% to 23.21% with Rs…

While supply chains continue to dwindle:BusinessTags: Print EditionThe prevailing forex crisis in Sri Lanka has severely impacted many industries in the country’s economy, including the dairy industry. As an industry with endless…

BusinessTags: Print EditionThe Chamber of Industry of Sri Lanka (CCI), which is the apex representative body of all who are engaged in construction sector, predict that with the present economic crisis and due to several factors…

BusinessDinesh PereraIndian State Minister Meenakshi LekhiTags: Print EditionIndia plans to help regional countries currently facing considerable economic challenges to help foster a more integrated South Asian region. Despite…

Nine new players allowed enter lubricant industry:BusinessTags: Print EditionNine new players were allowed to enter the lubricants industry, as a result of which the total count has grown from 13 to 22. This is a rather unusual move as…

BusinessTags: Print EditionThe Private Sector, as represented by the Joint Chambers, welcomes the commencement of negotiations with the IMF, the process of selecting legal and financial advisors to guide the debt restructuring process…

BusinessTags: Print EditionOn April 4, MAS issued a statement expressing support of citizen’s right to participate in peaceful protests and the freedom of expression. Given the ensuing events, MAS reiterates the need for immediate and…

BusinessTags: Print EditionPrabath Gunasekera Chairman Calico Color, Nishantha Bakmeege CEO/Managing Director, Screenline, Sean Umagiliya Managing Director, Dial Textiles Industries, Manjula Mahadanaarachchi CEO, Lalan Rubbers, Mark…

BusinessTags: Print EditionFollowing the seasonal pattern both manufacturing and services had increases in Purchasing Managers Index (PMI). The manufacturing PMI increased on a month-on-month basis to an index value of 57.8,yet at a…