Economic
The country’s most diversified blue chip Hayleys PLC has doubled its Group after-tax profit to an all-time high of Rs. 28.1 billion in FY22.
තමන් උපයන ලද මුදල් බැංකු හරහා මෙරටට එවන විදෙස්ගත ශ්රී ලාංකිකයින්ට ස්වයං රැකියා ණය සහ නිවාස ණය ලබාදීමට ඉදිරියේදී කටයුතු කරන බව විදේශ සේවා නියුක්ති කාර්යංශය පවසනවා.
The Colombo stock market bounced back yesterday with sharp gains in indices though turnover remained below average.
The Colombo stock market indices were mixed yesterday whilst finishing the week on a negative note amidst low turnover.
Ports, Shipping and Aviation Minister Nimal Siripala de Silva in discussion with SriLankan Airlines trade union representatives Says it will be carried out in a transparent manner with Cabinet and Parliamentary approvals
Urges local investors to come forward; assures job security to employees
While urging the local investors to come forward, the government plans to complete the restructuring process of loss-making SriLankan Airlines in a transparent manner within this year.
The Cabinet of Ministers on Monday at its meeting approved the extension of controls on select capital transactions under the Foreign Exchange Act.
Ultra Aluminium Ltd. recently unveiled its latest BOI approved factory in Arayampathy, Batticaloa which manufactures an import substitute known as aluminium extrusion profiles thereby saving a significant dollar flow going out of the country. This also sets the tone to create jobs and generate income for the people in the Eastern Province and the country as a whole.
Sri Lanka’s official reserve assets edged up in May but not even close to bring any kind of stability to the domestic foreign exchange markets or to restore the normal outflows in respect of fuel, gas and other essential imports, as US $ 1.5 billion in it remains only a number since the former officials engaged in window-dressing to make the country’s reserve position look better and bigger.
April sees dip for second consecutive month
CBSL says policy measures aimed at discouraging non-urgent imports and higher export growth help to narrow trade deficit for fourth consecutive month
Expenditure on imports has declined, year-on-year, for the second consecutive month in April as curb measures by the Central Bank kicked in whilst higher exports helped cut the trade deficit. Imports in April amounted to $ 1.699 billion down by 0.5%. However, April data reflects a sharper dip in comparison to $ 1.8 billion spent in March.
Sri Lanka’s most comprehensive development regulations – the Development Control Regulations (DCR) – introduced by Port City Colombo, was Gazetted recently and is now being enforced. An awareness program on the DCR conducted by the Colombo Port City Economic Commission was held at Port City Colombo, yesterday.
Workers' remittances in May picked up month-on-month in May but remained negative at cumulative level as per latest data released by the Central Bank.
Speculation on business tycoon Dhammika Perera entering Parliament props counters such as RCL, VONE and HAYL
The Colombo stock market sustained its positive run though low turnover has sparked concern in terms of overall investor enthusiasm.
Both countries warn citizens of economic crisis and shortages of basic necessities
FCDO lifts advisory against non-essential travel to SL imposed in May
Urges UK travellers to check local information, stay away from protests
US Govt. maintains advisory at Level 3 requesting to reconsider travel to SL
Warns US citizens possibility of terrorist attacks in public places
ශ්රී ලංකාව මේ වනවිට මුහුණ පා සිටින උඝ්ර විදේශ විනිමය අර්බුදයෙන් ගොඩ ඒම සඳහා ව්යාපාරික ධම්මික පෙරේරා මහතා විසින් ප්රධාන උපාය මාර්ගික සැලසුම් 12ක් ඉදිරිපත් කර තිබේ.
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