Economic

රත්රන් අවුන්සයක මිල ඇමෙරිකානු ඩොලර් දෙදාහකට ($2,000) අධික මට්ටමකින් ඉහළගොස් තිබේ.

Bank of Ceylon has received Rs. 28.5 billion worth of applications seeking concessionary financial support to tide over COVID-19 difficulties under the Central Bank initiated schemes. Of the applications received, Rs. 16 billion worth have been submitted to the Central Bank, of which Rs. 9 billion has been disbursed.

Global shipping giant Maersk has expressed interest in developing the strategic East Container Terminal (ECT) at the Colombo Port in close partnership with the Sri Lanka Ports Authority (SLPA).

The Sri Lanka Association of Inbound Tour Operators (SLAITO) congratulated the Prime Minister elect Mahinda Rajapaksa and the Sri Lanka Podujana Peramuna (SLPP) for the victory obtained during the General Election held on 5 August.

The two-day industrial action by the employees of Colombo Port has sunk Rs. 10 billion of revenue, apart from tarnishing the Port’s hub status, credibility, and reliability, a top official warned yesterday.

කොළඹ වරාය නගරය අසල මුහුද ගොඩකර තවත් නගරයක් ඉදිකරන බව නාගරික සංවර්ධන ජල සම්පාදන සහ නිවාස පහසුකම් අමාත්‍යාංශයේ ලේකම් ආචාර්ය ප්‍රියත් බන්දුවික්‍රම පැවැසුවේය.

The Chamber of Construction Industry (CCI) yesterday, in a statement, welcomed the election of the new Government with a strong mandate. Following is the statement issued by CCI Chief Executive Officer and Secretary General Eng. Col. (Rtd). Nissanka N. Wijeratne.

The Colombo Stock Exchange has decided to close the market at 12.30 p.m. today (5 August) in view of the Parliamentary Elections.

Several media reports have been brought to the notice of the Central Bank of Sri Lanka (CBSL) in which certain macroeconomic projections are erroneously attributed to the CBSL.

Watawala Tea Ceylon Ltd., a fully-owned subsidiary of Estate Management Services Ltd., of Sunshine Holdings Group, has entered into a share sale and purchase agreement with the current shareholders of Daintee Ltd. to purchase a 100% shareholding for Rs. 1.7 billion.

සංචාරක සංවර්ධන අධිකාරියේ ලියාපදිංචි සංචාරක හා සේවා සපයන ආයතන හා සංචාරක මග පෙන්වන්නන් ලියාපදිංචිය අලුත් කිරීමේ ගාස්තු වසරක කාලයක් සඳහා අය නොකිරීමට තිරණය කෙරේ.

Massive irregularities in the luxury boutique hotel project at Waters Edge, a fully owned subsidiary company of the Urban Development Authority (UDA), have been uncovered by the Special Investigation Unit of the National Audit Office (NAO) recently.

The Colombo stock market bounced back yesterday albeit in a moderate way after declining Wednesday with improved turnover though foreign selling continued.

Sri Lanka’s largest private sector bank Commercial Bank celebrates its centenary this year. Its emergence to the top and sustaining that position for several years now has been widely respected within the financial services industry and outside. Tracing what led to its success over 100 years is a daunting task, but the progressiveness of Commercial Bank amidst myriad challenges tells it all.

Sri Lanka’s revenue from income tax has come down significantly during the COVID-19 period, Finance Ministry data showed.

Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic.

Proving the country’s resilience and rebound amidst the COVID-19 impact, merchandise exports in July have crossed the $ 1 billion mark, an achievement last enjoyed in January this year.

Headline inflation as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 4.2% in July 2020 from 3.9% in June 2020, the Central Bank said yesterday.