Business News

Alibaba to invest in SL


E-commerce giant Alibaba has shown its interest to invest in Sri Lanka. Its Chairman Jack Ma met Finance Minister Ravi Karunanayake at the World Economic... Read More

SL to buy crude oil from Iran


Sri Lanka is interested in importing crude oil from Iran, Minister of Science, Technology and Research Susil Premajayantha says. He said this during a... Read More

Lottery dealers goes on a strike


All Island Lottery Dealers ‘Association (AILDA) says a strike will commence today. Association President Krishan Marambe said the government has... Read More

SL shares ends low


Sri Lankan shares hits another low week, as Colombo stock index ended at 6,155.52. Foreign investors bought a net 152.7 million rupees. The turnover... Read More

SL shares closes lower


Sri Lankan shares have fallen on the first trading day this year. The turnover was reported at Rs. 329.2 million. The Colombo stock index has closed at... Read More

SL shares closes high


Sri Lankan shares closed high yesterday. Colombo stock index ended at 6,245.71. Meanwhile, the turnover stood at 720.9 million rupees. Foreign investors... Read More

Lime prices hits record levels


Lime prices has reached a record high, and growers say that this will strengthen their income. Lime harvest was affected badly by the drought conditions... Read More

IMF chief convicted over payout


International Monetary Fund’s Chief Christine Lagarde was found guilty of negligence but the court did not hand down any punishment. As French finance... Read More

Sri Lanka’s tourist arrivals increase


The tourist arrivals into the country rose by 16 per cent to 167,217 in November this year. Tourists from India, China and Western Europe saw an increase. Total... Read More

SL shares ends slightly higher


Sri Lankan shares has ended slightly higher with the benchmark index of Colombo Stack Indwx ending up at 6, 253.28. Foreign investors sold shares worth... Read More

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