Sri Lanka’s construction activity slips in September
Sri Lanka’s construction sector reported a contraction in September, reflecting a slowdown in the activities, influenced by the election-related disruptions, the data from the Purchasing Managers’ Index (PMI) showed on Monday.
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Sri Lanka Seylan bank Net up 4.6-pct in September 2024 quarter
Profits at Sri Lanka’s Seylan Bank Plc group grew 4.61 percent to 2.06 billion rupees in the September, 2024 quarter, interim accounts showed.
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Sri Lanka eyes default exit by December; IMF review completion after budget: CB Governor
Sri Lanka aims to conclude its debt restructuring process by year-end, with expectations for a prompt exit from the default rating category soon after,
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SLCB promotes Cultural Triangle as key MICE tourism hub
The Sri Lanka Convention Bureau (SLCB), an entity under the Finance, Economic Development, Policy Formulation, Planning and Tourism Ministry,
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Sampath Bank strengthens global ties with USD 750Mn investment in SBI syndicated loan
Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term loan facility for the State Bank of India (SBI), facilitated by Mashreq,
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Colombo Stock Market Posts Gains
The Colombo stock market sustained its upward momentum today as well.
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Rice prices average above rate stipulated by Govt
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5opn1
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October 31, 2024
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Business News
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Rice prices
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Despite the government regulating prices for Nadu rice at Rs. 220, prices have averaged Rs.235 a kilo in the market, according to recent reports.
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OQ Trading gets contract to supply LPG for Litro in 2025
The Cabinet of Ministers on Monday approved awarding the contract to OQ Trading Ltd., for the supply of Liquefied Petroleum Gas (LPG) to Litro Gas Lanka Ltd., in 2025.
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Dual Fuel LNG RORO Carrier Docks At HIP
The LNG (liquefied natural gas) dual-fuel RORO vessel Glovis Selene made its maiden call at the Hambantota International Port (HIP) last week, unloading 627 CEUs (Car Equivalent Units) and loading 934 CEUs bound for the Persian Gulf.
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Sri Lanka’s ISF inks strategic partnership with NICO COCO to revolutionise coconut processing in Indonesia
ISF, a leading end-to-end engineering solution provider for the coconut and dairy processing industries in Sri Lanka,
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