Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (121)
Narrow by Category
- Business (121)
SINGAPORE: Business sentiment among Asia’s top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia’s outlook, a Thomson Reuters/INSEAD survey showed. Concerns over global demand are hurting Asia’s export engines, with autos, technology and shipping sectors am...
- Europe, China worries hurt business sentiment: survey (Category: Business)
- Asian markets dampened by Bernanke, factory data in focus (Category: Business)
- Asia’s growth picking up, too early to celebrate (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...
- Army inquiry a delaying tactic: Human Rights Watch (Category: Business)
- President calls on diplomats to counter threats from pro-LTTE Diaspora (Category: Business)
- NGOs Call on U.S. to Establish International Accountability Mechanism on Sri Lanka at UN Human R... (Category: Breaking News)
- Rejected asylum seekers abused in Sri Lanka, says rights group (Category: Breaking News)
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
- Village as a developmental unit (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Budget 2012’s impact on the export sector (Category: Business)
- Sri Lanka’s stake in the intl. agriculture debate (Category: Business)
10-day rally checkmated by profit taking on Rs. 2 b turnover; buying returns at tail-end Retailers, who staged a dramatic bull run in recent weeks, propelling indices to rise by over 10%, yesterday took what one broker described as a “well-deserved breather” as profit taking ruled the Colombo Bourse. The ASI after a momentary rise ...
- Bourse ends week on the up (Category: Business)
- CSE rebounds with fresh interests in blue chips and speculative stocks (Category: Business)
- Bourse in welcome rebound; market cap up by Rs. 25 b (Category: Business)
- Milanka Index turns positive after 17 months (Category: Business)
LONDON (Reuters): Copper hit a four-month high on Monday as hopes for more policy easing in the United States prevailed and as weak copper and other commodity imports in China, coupled with weak factory activity, reinforced prospects for more stimulus measures there. Chinese data showed copper imports in August fell 2.9% from July due to ...
- Asian shares rise; oil spikes on Iran tension (Category: Business)
- Shares ease on China growth worry, dollar stays firm (Category: Business)
- Asian markets rebound, hoping for action on euro zone crisis (Category: Business)
- Asian stocks rebound as Bernanke soothes investors (Category: Business)
MANILA, PHILIPPINES: ASEAN nations can help avoid world rice price shocks by reducing export restrictions, placing less emphasis on self-sufficiency, retooling Thailand’s rice pledging program, and expanding coordinated rice policies with India and Pakistan, according to a series of working papers from the Asian Development Bank (ADB). “So far, the rice market appears to be ...
- Troubled EU eyes ASEAN boost (Category: Business)
- Sri Lanka to bag yet another ASEAN MoU (Category: Business)
- Sri Lanka looks to work closer with ASEAN (Category: Breaking News)
- Sri Lanka to sign another ASEAN MOU (Category: Business)
Reuters: China’s economy is stabilising slowly as pro-growth government policies gain traction while real estate curbs have suppressed speculation, the head of the country’s top planning agency, the National Development and Reform Commission, said on Wednesday. Zhang told a meeting of the National People’s Congress (NPC), China’s top legislature, that China’s two-pron...
- Sri Lanka to establish a new Consulate General in Guangzhou, China (Category: Business)
- US study tracks huge state role in China economy (Category: Business)
- China lifts state purchase prices of rice to help farmers (Category: Business)
- China calls for creating good environment for Sri Lanka’s stability, construction (Category: Business)
24th August 2012 Dr. P. B. Jayasundera, Secretary to the Treasury, Ministry of Finance & Planning The Secretariat, Colombo 1. Dear Dr. Jayasundera, Establishment of a Financial Services Authority and a Banking and Finance Commission I suggest for your consideration that you duly evaluate the long-term national economic benefits of enhancing effective fiscal management capability ...
- Promoting productive social protection (Category: Business)
- MBSL seminar on ‘Implications of the new Finance Business Act’ on 19 September (Category: Business)
- The loud voice of economists: Reform or perish (Category: Business)
- Taming the ‘monsters’ (Category: Business)
A historic battle took place in the Kande Uda Rata Rajadhaniya, in the course of one of the many invasions by the Western colonial powers who once occupied what was known as the Maritime Provinces of Lanka, at the site of the ford at Wagolla village, a crossing point of the Mahaweli river on one ...
- The Kandy vs. Navy rivalry to reach tipping point today (Category: Business)
- Vintage cars beauties to behold (Category: Business)
- Clifford cup stays in Kandy (Category: Business)
Global Media Networks Ltd. (GMNet) has unveiled a Colombo Stock Exchange-based free game simulator VstoX Colombo Virtual Exchange (www.vstox.com) with a view of introducing a virtual simulation to investors on the Colombo Bourse’s activities for the first time in Sri Lanka. VstoX integrates the real life order placement system, commonly known as ATS (Automated Trading ...
- GMNet launches a CSE based free game simulator (Category: Breaking News)
- Sri Lanka Equity Forum celebrates two years of success (Category: Business)
- London looks to Lanka! (Category: Business)
- Stock shock (Category: Business)
Shares thoughts on sustainability in volatility and the way forward The Guest of Honour, Dato’ Charon, President and Members of the Professional Bankers’ Association, my dear friends, first of all, let me thank the Association of Professional Bankers for inviting me this evening to your 24th Convention and giving me the opportunity to share a ...
- Association of Professional Bankers’ anniversary convention on 13 and 14 August (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Swiss banks tout stability and secrecy to lure rich (Category: Business)
Following is the text of the letter written by good governance activist Chandra Jayaratne to Chairman of the Committee on Public Enterprises (COPE) D.E.W. Gunasekera with regard to the Securities and Exchange Commission and capital markets. 14th August 2012. Hon. D.E.W. Gunasekera M.P. Chairman, COPE, Parliamentary Complex, Sri Jayawardhanapura, Kotte. Dear Sir, The priority ...
- SEC Chief insists on independence at COPE (Category: Business)
- The President Pressured Me To Go: Tilak Karunaratne (Category: Breaking News)
- How I was made the scapegoat, Thilak K. tells it all (Category: Breaking News)
- No indepedence to function: Tilak Karunaratne (Category: Breaking News)
Reuters: Brent crude fell below $113 a barrel on Friday as a sharp slowdown in China’s trade flows heightened worries about demand for fuel, putting to one side hopes of stimulus measures aimed at lifting global growth that could boost oil use. China’s July exports rose just 1 per cent from a year earlier, undershooting ...
- Brent oil set to end yr up 14%, record high average (Category: Business)
- Brent slips to $102 on worries about euro zone economy (Category: Business)
- Oil creeps toward top of Asia’s economic worry list (Category: Business)
- Brent slips below $123 (Category: Business)
By Chamitha Kuruppu The Janatha Vimukthi Peramuna (JVP) on Wednesday stated that the time has come for the public to “stand against the irresponsible decisions and unwise acts of the Finance Minister and the Central Bank Governor that leads this country into an economic downfall.” President Mahinda Rajapakse as the Minister of Finance and Central ...
- UNP raises alarm over NSB investment in The Finance (Category: Business)
- JVP breathes fire against 2018 Commonwealth Games bid (Category: Business)
- Illegal money changers in crisis as more transactions move into mainstream (Category: Business)
- Harsha renews call for swift action against NSB-TFC deal makers (Category: Business)
Reuters: Stocks fell for a fourth straight session on Wednesday to a two-week low on concern over rising interest rates and the absence of promised Government measures aimed at boosting the market. The Colombo Stock Exchange’s main index lost 0.17 percent, or 8.35 points, to end at 4,889.87, its lowest since 26 July. “Local investors ...
- Councilman calls for low African American vaccination to be addressed (Category: USA, Mississippi)
- International mail charges to be increased (Category: Breaking News)
- US colleges mull new virus protocols for students' return (Category: USA, Mississippi)
- US colleges mull new virus protocols for students' return (Category: USA, Maine)
Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Emirates receives 1,000th Boeing 777 (Category: Business)
Stocks fell 0.6 per cent on Tuesday in thin trade after authorities delayed promised policy measures aimed at boosting sentiment according to a report filed by Reuters. It said the Colombo Stock Exchange’s main index lost 0.61 per cent, or 30.28 points, to end at 4,898.22, its lowest since 26 July. “The market fell due ...
Reuters: China’s economy is set for a soft landing even as global headwinds increase, the International Monetary Fund said in a report on Wednesday that urged further reform and currency appreciation to rebalance growth and reduce risks. The report said economic reforms so far had substantially reduced external imbalances, but at the cost of significant ...
- World economy fragile, faces “uneasy calm” – IMF (Category: Business)
- Slowing China aids global economic rebalancing (Category: Business)
- Turning point in the currency war (Category: Business)
- ‘China yuan could challenge dollar role in a decade’ (Category: Business)
Reuters: Asian shares slid and the euro hovered near multi-year lows hit earlier on Monday, as Spain sparked concerns about its ability to stave off a sovereign bailout after two indebted regions sought financial assistance from the central government. Fears the euro zone’s fourth largest economy will be forced to follow Greece, Portugal and Ireland ...
- Euro zone crisis heads for September crunch (Category: Business)
- Euro hits decade low vs yen, remains vulnerable (Category: Business)
- Asian shares mark time ahead of Spanish bond test (Category: Business)
- IMF says euro needs master plan, not deadline (Category: Business)
Impending discussion bolsters investor sentiment as Bourse value gains by Rs. 27 b; some link it to sovereign bond success The Colombo Bourse yesterday staged a mini rally sentiment wise in anticipation of a positive meeting between President and Finance Minister Mahinda Rajapaksa and capital market stakeholders today. The market’s value rose by Rs. 27 ...
- Dr. PB tells SEC, CSE to revive stock market with innovative ideas (Category: Business)
- Market lets down Mahinda! (Category: Business)
- Rupee weaker on importer dollar demand; stocks steady (Category: Business)
- Mahinda magic! (Category: Business)
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
- Why Lion leads frontier (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
REUTERS: Little more than a dozen years after the region’s crippling financial crisis, Southeast Asia is looking more a safe haven than a risky bet, with foreign investors souring on China and India and pouring money into markets proving resilient to the global gloom. Short-term investors in Southeast Asian stocks and bonds are being overtaken ...
- ASEAN path to economic union muddied by South China Sea (Category: Business)
- Asian shares rally, euro up on US jobs (Category: Business)
- Dollar debt set to remain sparse and steep in Asia (Category: Business)
- Economists rethink Asia’s doom-and-gloom scenarios (Category: Business)
Reuters: Asian shares slid on Thursday as a surprise rate cut from South Korea and an unexpected slump in Australian employment deepened worries about global economic growth. The news weighed on sentiment already hurt after minutes from a Federal Reserve meeting in June showed conditions may need to worsen before policymakers possibly buy more bonds ...
- Stock market recovers on renewed optimism (Category: Business)
- Asian shares jump on relief after China GDP, caution stays (Category: Business)
- Asian shares firm ahead of Fed; yen up after BOJ (Category: Business)
- Asian shares fall on European political uncertainty (Category: Business)
Reuters: China, Europe and Britain loosened monetary policy in the space of less than an hour on Thursday, signalling a growing level of alarm about the world economy, although suggestions of coordinated action were played down. Of the three, the surprise move was from Beijing which lowered its lending rate by 31 basis points to ...
- US economy mending, oil prices a challenge: Geithner (Category: Business)
- Asia’s economic growth slipping into neutral (Category: Business)
- Happy CB keeps policy rates unchanged (Category: Business)
- Global factories struggle as growth fears rise (Category: Business)
Reuters: Asian shares jumped and the euro surged more than 1 percent on Friday after European leaders agreed that euro zone banks could be recapitalised without adding to government debt, soothing fears over growing credit strains in Italy and Spain. As the dollar retreated on the back of the euro’s sharp rebound, dollar-based oil, copper ...
- Dollar softer, but euro fails get a boost (Category: Business)
- Global stocks retreat after Swiss move; euro jumps (Category: Business)
- Euro hits decade low vs yen, remains vulnerable (Category: Business)
- World stocks retreat as debt worries, economy outlook weigh (Category: Business)
A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...
- Taming the ‘monsters’ (Category: Business)
- Corporatism: A step beyond state capitalism (Category: Business)
- IMF-led privatisation, land and resource grab in Sri Lanka (Category: Breaking News)
- Experimenting with State-Owned Enterprises (Category: Breaking News)
Market’s value up Rs. 23 b, ASI back again in 5,000-points level The Colombo stock market produced a confident rebound yesterday driven by high net worth investors as well as institutions picking up low valued opportunities. The market’s value rose by Rs. 23 billion, slightly lower than Friday’s gain of Rs. 26 billion. The rise ...
- Stocks extend rally on banks, hotels (Category: Business)
- Bourse loses Rs. 85 b in value in a week (Category: Business)
- Foreign craving for stocks grows; inflow tops Rs. 28 b (Category: Business)
- Net foreign inflow tops Rs. 30 b; Bourse rebounds (Category: Business)
The global financial crisis of 2008/09 has not sent migrant workers streaming back home, despite worsening employment prospects and anti-immigration rhetoric in some destination countries, says a new book on migration and remittances, published by the World Bank last week. In fact, migrants may have mitigated some of the pain of the crisis as they ...
- New instrument for financing Sri Lankan development (Category: Business)
- Sri Lanka received highest remittances from Kuwait, UAE and Qatar in 3Q2023 (Category: Breaking News)
- Current phase of global recovery and implications for Sri Lanka (Category: Business)
- IMF says fragmentation could cost global economy up to 7% of GDP (Category: Breaking News)
CANBERRA (Reuters): Australia will create the largest network of marine parks in the world, protecting waters covering an area as large as India while banning oil and gas exploration and limiting commercial fishing in some of the most sensitive areas. Australia’s marine reserves will increase from 27 to 60 under the new scheme, covering more ...
- Maldives to create world’s biggest marine reserve (Category: Business)
- Sri Lanka to auction more oil exploration blocks (Category: Business)
- Licences for oil and gas cut back (Category: Technology)
- Cairn to decide on Sri Lanka oil viability by mid-2013 (Category: Business)
Positive macro news and rumoured overhauling of SEC among other State entities trigger buying spree; some analysts insist rebound is due to attractive pricingThe Colombo Bourse on Friday shot up by over 100 points before losing some momentum, with the earlier development being linked by some analysts to positive macro news and a rumoured overhauling ...
- Politicos , Brokers ; Bourse’s Tailwind (Category: Breaking News)
- Festive cheer prevails in Colombo Bourse (Category: Business)
- Return of retailers revs up Bourse (Category: Business)
- Stock market struggles on 2012 debut (Category: Business)
Popular Topics
- International Monetary Fund (47819)
- Political crisis (31746)
- Foreign exchange reserves (25839)
- Shortage (2833)
- Bank reserves (20137)
- Anonymous (680)
- Fuel (6312)
- Economy of Sri Lanka (225716)
- Russia (4266)
- Ukraine (1769)
- Sri Lanka Tea (219604)
- Tourism (6328)
- Sri Lanka Quality Tea (222594)
- Sri Lanka Tourism (220112)
- Sri Lanka Cricket (220481)
- Sri Lanka Hotels (219269)
- Sri Lanka Elections (226303)
- Teledrama (368)
- Sirasa (26913)
- Adaderana (77499)
- Hiru Tv (62848)
- ITN News (396400)
- Newsfirst (50368)
- Shakthi Tv (66173)
- Rupavahini (337)
- Derana Dream Star (38426)
- EPF (664)
- BBC (3388)
- Rob Ford (4171)
- Amanda Knox (1315)
- Karen Stintz (870)