ECONOMYNEXT – Sri Lanka’s Capital Alliance group said its CALOnline investment platform has been enhanced to make it easier for retail investors in particular to access and invest in Treasury bills, stocks and unit trusts. The CAL group has divisions…
ECONOMYNEXT – The Ceylon Chamber of Commerce considers the new Electricity Bill a step towards modernizing the country’s electricity sector and fostering a more competitive market environment, a statement by the trade body said. “This move is expected to enhance…
ECONOMYNEXT – Chairman of Sri Lanka Parliament’s Committee on Public Finance, Harsha de Silva is under threat over examining a controversial visa deal involving IVS-GBS, VFS Global, opposition leader Sajith Premadasa said. De Silva said he had come under severe…
ECONOMYNEXT – A delegation from Sri Lanka that participated in Drupa 2024, said to be the largest printing industry fair, has built up links for technology transfer and possible investments, the The Delegation of German Industry and Commerce in Sri…
ECONOMYNEXT – State-run SriLankan Airlines has reported a net profit of 1,124 million rupees in the nine months to December 2023 turning around from a loss of 73.26 billion rupees for the full year ending March 2023, official data shows.…
ECONOMYNEXT – Sri Lanka is considering price controls on cement Trade Minister Nalin Fernando said, while government imposed imposed protectionist taxes keep the prices of most building materials including steel and tiles artificially high. “We will announce a maximum retail…
ECONOMYNEXT – Sri Lanka’s current dollar earnings from merchandise exports, remittances, tourism and other services exceeded imports by 542 million US dollars in April 2024, official data shows. Sri Lanka’s hard goods exports were 877.6 million US dollars in April,…
ECONOMYNEXT – Candidates from Sri Lanka would get opportunities to conduct doctoral research in India under an initiative launched for BIMSTEC countries, the Indian High Commission in Colombo said. Under BIMReN Split-Site Doctoral Fellowships, doctoral candidates in BIMSTEC member countries…
ECONOMYNEXT – Former US President Donald Trump has been convicted by the jury for falsifying business records in a case linked to paying off a former porn star. Trump is expected to be sentenced on July 11 but Trumps lawyers…
ECONOMYNEXT – The objective of Sri Lanka’s monetary policy is not to promote growth but provide stability to achieve its growth potential, Central Bank Governor Nandalal Weerasinghe said though it could be a secondary aim. Stability “The objective of monetary…
