Sri Lanka Latest News Provider - Lanka News Web (LNW)
Wednesday, 16 Jun 2021

 

 

 

NEWS

Sri Lanka goes for US$ 400 million swap deal with RBI once again

Sri Lanka Central Bank will return to a US$ 400 million foreign currency swap with the Reserve Bank of India as part of

15 Jun 2021

Importers reject request to provide sugar at lower prices for three months

Sugar importers who made massive profits due to a tax concession given by the Government have expressed reservations to

15 Jun 2021

Sri Lanka resumes Basmati rice importation from Pakistan

Sri Lanka will resume the importation of Basmati rice from Pakistan ending the restriction of seven months via State Tr

15 Jun 2021

Electric vehicles and solar energy take precedence in Sri Lanka gradually

Sri Lanka is to direct towards the shifting of electric vehicles and solar power gradually President Gotabaya Rajapaksa

15 Jun 2021

Customs’ seizure of organic fertiliser containers raises million dollar question

Sri Lanka Customs seizure of three 40 ft containers of organic fertiliser imported from Madurai, South India by an unreg

14 Jun 2021

Government tightens the noose around essential commodity dealers

The cash strapped government is making unorthodox moves to prevent shortages of essential commodities while tightening t

14 Jun 2021

PickMe portal makes 40% savings for corporate and SMEs

PickMe, the app based digital mobility company, in a revolutionary move to disrupt standard models of transport services

14 Jun 2021

State monopoly on petroleum refining comes to end via amending the law

State monopoly on fuel refining, selling and distributing petroleum products in Sri Lanka will come to an end with t

14 Jun 2021

Motor Traders express concern on attempt to import 399 vehicles

The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to impor

13 Jun 2021

NBFIs to extend concessions for Covid hit Businesses and Individuals

Covid -19 third wave battered Businesses and individuals who are indebted Licensed Finance Companies and Specialised Lea

13 Jun 2021

Public-Private Partnership (PPP) investment model to be introduced for UDA

With the aim of attracting new private capital that has not been available before, the government has recently introduce

13 Jun 2021

Ship blaze triggers tourism crisis following worst ever beach pollution

Tourism, which is an important component of the Sri Lankan economy, is certainly to be severely affected by MV X-PRESS P

13 Jun 2021

Experts call on Government to look before leap into Organic fertiliser

Sri Lanka should use modern fertiliser technology, manage risks and overcome challenges of using organic manure in well

13 Jun 2021

TECHNOLOGY

Healthcare propels Sunshine Holdings’ strong performance

Diversified Sri Lankan conglomerate Sunshine Holdings has recorded resilient revenue and profit growth in a pandemic-aff

10 Jun 2021

Business magnet Dhammika Perera’s” Rocell” enters into confectionery biz

Billionaire businessman Dhammika Perera-controlled Royal Ceramic Lanka (RCL) PLC is gearing to enter into biscuit and ch

03 Jun 2021

Sri Lanka land price skyrocketed despite Covid-19 crisis

The overall land price values have increased by 74% from 2018 to 2021 This was revealed by the annual Land Price Index r

03 Jun 2021

Adani signs Colombo Port West Container Terminal pact

Ending the Colombo East hullabaloo for ever, Indian based Adani Ports Group has entered into a pact with Sri Lanka Gover

03 Jun 2021

ISSUES AND OPINIONS

LAUGFS and Litro merger to become public money wasting venture

The Government’s plan to merge LAUGFS Gas and the state-owned Litro Gas Company under one banner will lead towards injec

01 Jun 2021

Sri Lanka popularises Cinnamon in Oman after exploring Vietnam market

Sri Lanka is to popularise Cinnamon in Oman following its successful campaign in Vietnam some times back amidst its stru

29 May 2021

EU provides emergency relief to flood victims in Sri Lanka

Following the devastating floods which struck Sri Lanka in mid-May, the European Commission is providing €80,000 (close

29 May 2021

Organic fertiliser import to pacify angry framer demands

At a time where where the country is moving towards a severe food shortage as a result of fertiliser shortage following

29 May 2021

Foreign currency transaction monitoring system gets underway

Sri Lanka will be implementing a comprehensive cross border and foreign currency transactions monitoring system through

18 May 2021

MBSL marks strong turnaround in 1Q

The Merchant Bank of Sri Lanka and Finance PLC (MBSL) a subsidiart of Bank of Ceylon has made a strong turnaround by po

18 May 2021

 


 

BRS DAILY DIGEST

BRS Weekly Report - 30.04.2021

BRS Weekly Report - 30.04.2021

03 May 2021

BRS Weekly Report - 16.04.2021

BRS Weekly Report - 16.04.2021

19 Apr 2021

BRS Weekly Report - 09.04.2021

BRS Weekly Report - 09.04.2021

11 Apr 2021

Trader’s Daily Digest - 07.04.2021

Trader’s Daily Digest - 07.04.2021

08 Apr 2021

STOCK MARKET NEWS

Sri Lanka stock market gains momentum with John Keels trading

Sri Lanka stock market has gained momentum once again as stocks jumped 1.6 percent yesterday to a more than three-week h

25 Mar 2021

CSE further dragged down. Operations dropped twice today

The Colombo Stock Exchange (CSE) has met with a major drop-down today (11), indicating a fall in the S&P SL20 index more

17 Feb 2021

EXCHANGE MARKET NEWS

Exchange rates CBSL 03.05.2021

Exchange rates CBSL 03.05.2021

03 May 2021

mCash partners with UnionPay International

SLT-MOBITEL’s revolutionary mobile money platform, mCash, which is transforming the country’s electronic payments landsc

21 Apr 2021

Sri Lanka readies to tackle ISB repayment issue without hassle

Sri Lanka is to mange International Sovereign Bond maturity payments in July this year using its foreign reserves while

20 Apr 2021

People’s Bank to issue SL’s largest ever Listed Debenture

The People’s Bank Investment Banking Unit (PBIBU) reached a new high in its track record by successfully ensuring oversu

20 Apr 2021