Business

BusinessTags: Print EditionSriLankan Airlines records its first profitable fourth quarter (Q4) since 2006 for the financial year that ended on March 31, 2022 with a group net profit of USD 1.7 million despite pandemic challenges. The…

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…

BusinessTags: Print EditionThe Sri Lanka Institute of Information Technology (SLIIT) has recently announced the continuation of the course on Financial Mathematics and Applied Statistics. This will be the first degree conducted by the…

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.…

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…