Post-war Sri Lanka is turning the heat on India’s $12.4-billion business process outsourcing (BPO) sector. The neighbouring island, armed with a pro-outsourcing government and a sizeable pool of low-cost, service-oriented talent, has become a happy [...]

The Asia Capital which recorded a dramatic turnround for the financial year 2009/ 10 with a net profit of Rs. 235M has further accelerated the growth with a substantial net profit of Rs. 116M for [...]

Sri Lanka ranks 66th on the World’s Best Countries’ list compiled by Newsweek magazine, which placed nations on the basis of health, education, economy and politics.
Among Sri Lanka’s neighbours, China is ranked 59th, India is [...]

With water-filling ceremony (Karadiyawara Mangalyaya) of the Hambantota Port – the first inbuilt port in the history of the world to be inaugurated by President Mahinda Rajapaksa today, all eyes of not only those in [...]

Individual trades of investment advisors of six Sri Lankan stock brokering firms are being analyzed by Securities and Exchange Commission (SEC) for price manipulation, an official said.
The markets regulator has warned the six stock brokering [...]

Colombo’s stockmarket may have exploded in six months time if not for this week’s intervention by the Securities Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) after the market went into a tailspin with [...]

Colombo’s stockmarket may have exploded in six months time if not for this week’s intervention by the Securities Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) after the market went into a tailspin with [...]

The recent reforms implemented by the telecoms regulator to ensure minimum tariffs and interconnection fees in particular and the ongoing recovery in the broader economy in general are expected to benefit Sri Lanka’s incumbent telecoms [...]

Sri Lankan mobile phone operator Dialog Axiata made a net profit of 1.37 billion rupees in the June 2010 quarter compared with a loss of 7.24 billion rupees a year ago, a stock exchange filing [...]

Sri Lanka, one of the world’s biggest black tea exporters, produced nearly 30 per cent more tea in the first half of the year and is on track for a record crop, an official said [...]

Sri Lanka, one of the world’s biggest black tea exporters, produced nearly 30 per cent more tea in the first half of the year and is on track for a record crop, an official said [...]

Sri Lanka’ Telcos are in line for a triple bonanza as the island nation’s newly earned peace takes hold after a near three decade old armed conflict and the telecoms regulator moves to create an [...]

SHARE WARRANTS
Warrants are securities issued by a company which give their owners the right to purchase shares in the company at a specific price at a future date.

The warrants are tradable in their own right, [...]

The Sri Lankan real estate and property sector sentiment which is greatly influenced by the cultural dimensions persistence in the island had changed over the years. The community which preferred wide open houses rather than [...]

Sri Lanka’s central bank unexpectedly cut its benchmark interest rates for the first time in eight months to support economic growth after the European Union withdrew trade concessions this week.
Governor Ajith Nivard Cabraal has room [...]

Sri Lanka’s central bank unexpectedly cut its benchmark interest rates for the first time in eight months to support economic growth after the European Union withdrew trade concessions this week.
Governor Ajith Nivard Cabraal has room [...]

Sri Lanka’s central bank unexpectedly cut its benchmark interest rates for the first time in eight months to support economic growth after the European Union withdrew trade concessions this week.
Governor Ajith Nivard Cabraal has room [...]

Sri Lanka’s central bank unexpectedly cut its benchmark interest rates for the first time in eight months to support economic growth after the European Union withdrew trade concessions this week.
Governor Ajith Nivard Cabraal has room [...]

Sri Lanka’s central bank unexpectedly cut its benchmark interest rates for the first time in eight months to support economic growth after the European Union withdrew trade concessions this week.
Governor Ajith Nivard Cabraal has room [...]

Sri Lanka’s central bank unexpectedly cut its benchmark interest rates for the first time in eight months to support economic growth after the European Union withdrew trade concessions this week.
Governor Ajith Nivard Cabraal has room [...]