Business

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…

BusinessTags: Print EditionNew Delhi, April 16: The Indian Air Force (IAF) has shelved its plan to procure 48 additional Mi-17 V5 medium-lift helicopters from Russia, amid a strong push by the government for indigenisation. Notably,…

BusinessTags: Print EditionSri Lanka is at a very dangerous juncture and Sri Lanka’s usable reserves have dropped to levels of about USD 150 million. Acute shortages of essentials ranging from fuel to medicine have become prevalent.…

BusinessEvan Lau and Darshin PathinayakeTags: Print EditionSampath Bank PLC announced that its connection to UnionPay International (UPI) is now complete and that the Sampath Bank Payment Gateway powered by UnionPay 3DS 2.0 is open for…

BusinessSome tourists in Colombo. Picture by Sulochana GamageTags: Print EditionTourist arrivals to date have exceeded 329,000 from January to April 8 this year according to the Tourism Development Authority. (SLTDA) In the first 18…

BusinessTags: Print EditionSDB bank has achieved outstanding financial results during 2021, amidst an unprecedentedly challenging economic environment. Total profits for the year ended December 31, 2021 stood at Rs 909 million,…

BusinessShirajiv SirimaneCSE Chairman Dumith Fernando, CEO Rajeeva Bandaranaike and Director Dilshan Wirasekara Tags: Print EditionThe closure of the Colombo Stock Exchange (CSE) for a period of five business days commencing from…

BusinessTags: Print EditionThe total number of tourist arrivals to Sri Lanka during March 2022 was 106,500 according to First Capital Research. A significant rebound in arrivals was observed during the month of March, as a result of…

BusinessTags: Print EditionSri Lanka’s rupee was quoted as 322.72 buying and 334.99 selling by the Central Bank yesterday. In the open market the dollar was trading around Rs. 370/385 but it was showing a decline from the previous Rs.…

BusinessDeputy High Commissioner Venkateshwaran with Joint Secretary MEA Arindam Bagchi at the Spokesperson’s Office.Tags: Print EditionDeputy High Commissioner of Sri Lanka in Chennai, Dr. D Venkateshwaran, paid a visit to New Delhi…