Tuesday, 06 May 2025

Latest News

Dialog Axiata profits down on forex loss

Wednesday, 11 November 2015 13:11

Sri Lanka's largest mobile operator said group profits fell 60 percent to 679 million rupees in the September 2015 quarter from a year earlier on a forex loss, as the island's soft-pegged central bank printed money and depreciated the currency.

Yet another tax on vehicles

Tuesday, 10 November 2015 10:26

The government is to impose yet another tax on personally-used vehicles, reports say.

Nestle boss: Maggi noodles testing 'highly unreliable'

Monday, 09 November 2015 11:39

The new boss of Nestle India has told the BBC that tests which showed Maggi noodles had lead in them were "highly unreliable".

Rs. 27,200 m loss in tea income

Sunday, 08 November 2015 10:14

The decline in tea prices has lost an income of Rs. 27,200 million to the country so far this year, reports say.

CameraLK opens showroom

Sunday, 08 November 2015 08:45

CameraLK has long been known in the Sri Lankan photographic industry as the source for the best and newest products, informed Imaging Experts, outstanding customer service and competitive pricing.

Ship Suppliers facing a host of issues!

Saturday, 07 November 2015 10:10

The Sri Lanka Ship Suppliers Association (SLSSA), which celebrates their 40th anniversary this year, is faced with a host of issues, we learn.

Wegapitiya, tipped to be SLT Board member?

Saturday, 07 November 2015 09:26

President Maithripala Sirisena has decided to appoint prominent businessman - W.K.H. Wegapitiya to the Director Board of Sri Lanka Telecom after appreciating the latter's services, reliable sources say.

Carmudi launches report into SL vehicle leasing industry

Friday, 06 November 2015 16:29

Sri Lanka’s pioneering online vehicle retailer, Carmudi says that they have seen lower vehicle sales since recent events announcing increase of vehicle values.

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