Business

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 EditionThe Sri Lankan delegation to the IMF headed by Finance Minister Ali Sabry, Governor of the Central Bank Dr. Nandalal Weerasinghe and Secretary to the Ministry of Finance Mahinda Siriwardena meet Indian…

BusinessTags: Print EditionCoconut Wednesday, April 20, 2022 - 01:00

BusinessTags: Print EditionThe ASPI declined by 3.89% this week. The S&P declined by 5.33% this week. The net foreign outflows for the week stood at LKR 207 Mn. Sri Lanka stock market slightly gained on Monday under the newly…