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Share Market Statistics on 25.04.2022
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Tuesday, April 26, 2022 - 01:00
Tackling the illicit cigarette menace of Sri Lanka
BusinessCigarettes cartoons hidden in the baggage and Police raid on illicit tobacco Tags: Print EditionProgressing on previous work on the economic impact of illicit markets, the Research Intelligence Unit (RIU) recently launched its…
Commercial plantations urge immediate Govt action to prevent industry’s demise
BusinessTags: Print EditionThe Government’s failure to allocate fuel quotas to the Regional Plantation Companies (RPCs), together with continuous power disruptions and uninformed policymaking, is bringing Sri Lanka’s commercial…
OPA Sri Lanka vehemently condemns Rambukkana Incident
BusinessTags: Print EditionThe Organisation of Professional Associations of Sri Lanka (OPA Sri Lanka) has condemned the Rambukkana incident and calls for a full, transparent investigation and immediate intervention of the law…
Beating expectations, Chinese economy grows 4.8% in first quarter of 2022
BusinessTags: Print EditionBEIJING — China’s first-quarter GDP grew faster than expected despite the impact of Covid lockdowns in parts of the country in March, according to data released by the National Bureau of Statistics Monday.…
JKH raises concern on dire economic circumstances
BusinessTags: Print EditionAs a responsible corporate citizen and member of the business community, the John Keells Group (JKH) has been gravely concerned with the dire economic circumstances facing the country, which require immediate…
Sri Lanka hit by record inflation
BusinessTags: Print EditionSri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday (Apr 22) as the government asked the IMF for an urgent bailout.
The broad-based National Consumer Price…
HCL Tech profit jumps 226% yoy to Rs. 3,593 crore
BusinessTags: Print EditionHCL Technologies India on Thursday said its consolidated net profits for the quarter ending March stood at Rs 3,593 crore, up 226% from Rs 1,102 crore in the same quarter last year.
The company said its…
India to provide additional $500 million for fuel
BusinessTags: Print EditionIndia will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’s foreign minister told reporters on Wednesday, adding swap repayments. Bangladesh was also…