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Monday June 3rd, 2024

Beer becomes Bank of England's new tipple of choice

The Bank of England is cutting down on wine and has started serving beer instead since Canadian Mark Carney took over as...

AFP
November 15, 2014 2 min read

Merkel heads for pub in Brisbane

Most of the world's powerhouse leaders arriving in Brisbane for the G20 summit headed in motorcades to relax at their lu...

AFP
November 15, 2014 1 min read

DFCC Bank Sri Lanka profits up 53-pct on capital gains

Nov 14, 2015 (economynext) - Profits at Sri Lanka's DFCC Bank rose 53 percent to 912 million rupees in the September 201...

Staff Reporter
November 14, 2014 2 min read

Lion Brewery Sri Lanka to sell 5-year fixed rate bonds rated 'AA-(lka)': Fitch

Sri Lanka's Lion Brewery, the island's largest beer maker is planning to sell 2.0 billion rupees of 5-year bonds, which ...

Staff Reporter
November 14, 2014 3 min read
ICT

Sri Lanka Telecom upgrades fibre optic network to 100G with Huawei

Nov 14, 2014 (economynext) - Sri Lanka Telecom (SLT) has upgraded its nationwide fibre optic network with Huawei technol...

a Staff Reporter
November 14, 2014 2 min read

Sri Lanka tea crop hits new high in September

Oct 30, 2014 (economynext) - A bumper crop of low grown tea pushed Sri Lanka's total tea output in September to a record...

a Staff Reporter
November 14, 2014 2 min read

Sri Lanka tea prices tumble

Nov 05, 2014 (economynext) – Sri Lankan tea prices fell in October, dragged down by Low Grown teas which account...

a Staff Reporter
November 14, 2014 2 min read

Sri Lanka 2015 budget gives more subsidies for tea

Oct 24, 2014 (EconomyNext) – Sri Lanka's 2015 government budget promised more support for tea cultivation by sma...

a Staff Reporter
November 14, 2014 2 min read

Sri Lanka coconut subsidies raised in 2015 budget

Oct 24, 2014 (EconomyNext) – Si Lanka's government budget for 2015 increased subsidies for coconut production, w...

A Staff Reporter
November 14, 2014 1 min read

Sri Lanka raises price support for sugar in 2015 budget

Oct 24, 2014 (economynext) – The Sri Lankan government has lowered taxes for the sugar industry and increased th...

a Saff Reporter
November 14, 2014 1 min read

Sri Lanka raises rubber import tax to protect growers

Oct 24, 2014 (economynext) – Sri Lanka plans to raise the cess on rubber imports by Rs10 per kilo to encourage ru...

a Staff Reporter
November 14, 2014 1 min read

Sri Lanka wants 'logistics champion'

Nov 04, 2014 (economynext) – Sri Lanka's transport professionals have called on the head of the island's defence ...

Rohan Gunasekera
November 14, 2014 2 min read

Sri Lanka told better public transport can prevent gridlock

Nov 04, 2014 (economynext) – A top transport official from Hong Kong, which topped this year's global urban mobil...

Rohan Gunasekera
November 14, 2014 3 min read

Sri Lanka Aitken Spence cuts berthing delays at Fiji port unit

Nov 12, 2014 (economynext) – Sri Lanka's Aitken Spence group said it had enhanced efficiency at the Fijian ports ...

November 14, 2014 1 min read

Central Finance buys Sri Lanka small leasing company

Sri Lanka's Central Finance Plc, a licensed finance company, said it had bought Isuru Leasing Company for 301 million ru...

A Staff Reporter
November 12, 2014 1 min read

Seylan Bank in Sri Lanka to sell Rs6.0bn in bonds: Fitch

Sri Lanka's Seylan Bank Plc plans to sell 6.0 billion rupees in bonds which have been given an expected rating of 'A-(lk...

A Staff Reporter
November 4, 2014 2 min read

Sri Lanka's Softlogic Holdings no longer rated by Fitch

Fitch Ratings said it was withdrawing the ratings given to Sri Lanka's Softlogic Holdings Plc and its senior unsecured d...

A Staff Reporter
November 4, 2014 1 min read

Sri Lanka in danger of travelling the PIGS path with low nominal interest rates: Bellwether

The results of the Uva provincial elections show that major gains have been made by the opposition United National Party...

Bellwether
November 2, 2014 12 min read

Toxic gold loans, Fed actions and Sri Lanka's policy conundrum

COLOMBO - (EconomyNext) - Credit contracted in absolute terms in the first quarter of this year partly due to defaults i...

November 1, 2014 5 min read

Lessons for Sri Lanka from Hong Kong's positive non-intervention: Bellwether

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Bellwether
November 1, 2014 12 min read