Business

BusinessTags: Print EditionIndian based HCL Technologies, a leading global technology company, which also operates in Sri Lanka said its consolidated net profits for the quarter ending March stood at Rs 3,593 crore, up 226% from Rs…

BusinessT. Vinayaga Murugesan with Dr. D. VenkateshwaranTags: Print EditionFor the first time, ‘DigiRiver.in’ an e-Commerce wholesale startup for emerging brands and distributors in Sivagangai, Tamil Nadu, India will introduce Sri…

BusinessTourists arriving in Aitken Spence Travels facilitated first charter flight from Uzbekistan to Mattala Airport last year. Picture by Sulochana GamageTags: Print EditionSri Lanka Tourism says the final stages of the procurement…

BusinessTags: Print EditionThe Ministry of Finance clarifying on recent media reports states that as of yesterday only USD 40 million has been utilized for the importation of steel under the Indian Credit line and that too to be used…

Accumulated, unsustainable debt at USD 878 mnBusinessTags: Print EditionThe focus of the SriLankan Airlines Board and Management is to achieve ‘profitable operations’ and to commence paying ‘long outstanding debt’. The airline is on…

Inflation, interest rates, rupee depreciationBusinessShirajiv SirimaneTags: Print EditionThe current escalating inflation, overshooting interest rates, and depreciation of the rupee will stabilize in around three months, said Governor…

BusinessAmbassador Dr. Palitha Kohona, who is concurrently accredited as the Ambassador to Mongolia, with President of Mongolia, Khurelsukh Ukhnaa Tags: Print EditionAmbassador Dr. Palitha Kohona, who is concurrently accredited as…

Saves US $ 500 mn annually for Sri LankaBusinessBOI Chairman Raja Edirisuriya, Director-General Renuka M.Weerakone and group of investors at an inspection tour in the Fabric Park.Tags: Print EditionSri Lanka is a county that has…

BusinessThe 72nd Annual Report of the Monetary Board of the Central Bank of Sri Lanka presented to Ali Sabry, Minister of Finance, by Dr.P Nandalal Weerasinghe, Governor of the Central Bank of Sri LankaTags: Print EditionIn terms of…

BusinessArchana ShuklaTags: Print EditionSri Lanka’s finance minister has told the BBC he has no choice but to hike the country’s sales tax as it faces its worst-ever economic crisis. In an exclusive interview, Ali Sabry conceded the…