The Gratiaen Trust in Association with John Keells Foundation announces the winner of the 31st Gratiaen Prize Colombo, June 1, 2024 – The Gratiaen Trust, in association with John Keells Foundation and with the support of the British Council, announced…
ECONOMYNEXT – Sri Lanka’s foreign debt, including sovereign bonds held by domestic investors were marginally down to 37,040 million dollars by March 2023, from 37,334.5 million US dollars in December, official data showed. The number was only about 500 million…
Minor Hotels Debuts NH Collection in Sri Lanka with Rebranding of Mövenpick Colombo Minor Hotels, a leading hotel owner, operator, and investor with a portfolio of over 550 hotels and resorts in 56 countries, announced the rebranding and management of…
ECONOMYNEXT – Sri Lanka’s foreign debt, including sovereign bonds held by domestic investors were marginally down to 37,040 million dollars by March 2023, from 37,334.5 million US dollars in December, official data showed. The number was only about 500 million…
LOLC Finance PLC, the largest non-banking financial institution in Sri Lanka has reported exceptional performance recording Rs.21.5 billion profits for the fiscal year 2023/24 with 39% YoY growth, representing an ROE of 20%. This outstanding performance underscores the company’s strategic…
<!– Sri Lanka Police launch operations room to assist persons affected by severe weather – Sri Lanka Home » Sri Lanka Police launch operations room to assist persons affected by severe weather
ECONOMYNEXT – Sri Lanka’s Irrigation Department has issued warnings that water levels in the Kalu and Nilwala river basins are rising and major flooding is possible due to the continuous rain. People living in close proximity are advised to take…
<!– –> Posted by Editor on June 3, 2024 – 2:02 pm The maximum retail price of a 50kg bag of cement in Sri Lanka has been reduced by Rs. 150, effective June 1, 2024. Accordingly, the maximum retail price…
ECONOMYNEXT — Sri Lanka surpasses regional counterparts in recruiting women at the entry-level in the banking sector, with women comprising 46 percent of new recruits, though barriers, remain, a new International Finance Corporation (IFC) study has found. The report, supported…
<!– –> Posted by Editor on June 3, 2024 – 1:18 pm Sri Lanka’s Education Ministry has decided to close schools in specific areas due to the prevailing adverse weather conditions. All schools in the Kegalle and Ratnapura districts of…
