SEC Chairman to meet stockbrokers
The Securities and Exchange Commission (SEC), the regulator of the Colombo Stock Exchange (CSE) has invited the CEOs of stockbroker firms for a meeting on Thursday (20). Read More »
Dialog receives $ 250 m investment from Malaysian parent Axiata
Axiata Group Berhad has signed an agreement to invest $ 250 million (Rs. 45.3 billion) in its subsidiary Dialog Axiata PLC, Sri Lanka's leading mobile telecom services provider. Read More »
Private banks stifle SME credit support scheme
Private banks have been far less supportive than state banks in the provision of the Government’s new credit support scheme announced last month, The Sunday Morning Business learns. Read More »
Oil prices plummet but Govt. unmoved on fuel prices
Despite an over 10% and over 20% drop in global oil prices since January, the Govt. has opted to maintain the current fuel prices until and unless the world prices reduce further in the weeks ahead. Read More »
Statistics Dept to launch e-platform for unregistered businesses
The Department of Census and Statistics (DCS) plans to launch a digital portal that would serve as a comprehensive registry of all registered and unregistered businesses in Sri Lanka. Read More »
EOIs next week for Kahatagaha Graphite Mine
Expressions of Interest (EOIs) for an investor to convert raw graphite to graphene at the state-owned Kahatagaha Graphite Mine will be called next week. Read More »
Liquor producers to run to courts over sticker
Sri Lanka’s liquor producers are expected to go to courts if the Ministry of Finance forcibly implements a foolproof sticker requirement for local liquor products from 1 March. Read More »