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Month: January 2022

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Sri Lanka imported $351.9 million worth of telecommunication devices up to November 2021

Sri Lanka imported $351.9 million worth of telecommunication devices (mainly mobiles and telephones) in the first eleven months of 2021 indicating a 52.3 percent increase over the corresponding period of…

ASPI to reach 15,000 in 1Q with negative returns predicted to materialize from 2Q onwards with possible shocks

The main index of the Colombo Stock Exchange (CSE), the All Share Price Index (ASPI) is forecasted to reach the 15,000 mark in the first quarter of the year before…

CEB Engineers Calls for Removal of CEB Chairman over the appointment of ‘bogus’ GM

Ceylon Electricity Board Engineers Union (CEBEU) calls for the removal of the CEB Chairman M C Ferdinando amidst escalating row on the appointment of CEB General Manager (GM) in the…

CBSL increases policy rates by 50 basis points

The Monetary Board of the Central Bank of Sri Lanka (CBSL) has increased policy rates by 50 basis points to l curtail the possible build-up of underlying demand pressures in…

International and Local Experts Stress the Need For Bold And Radical Reforms for Sri Lanka this year

International and local economic experts and corporate leaders stressed the need for a concrete, long-term and bold reform agenda for the economy as the country braces for a critical year…

Colombo Port’s East Container Terminal’s Construction Second Phase Begins

Construction of the second phase of the Eastern Container Terminal (ECT) of Colombo harbor commenced today (12th) morning under the patronage of President Gotabhaya Rajapaksha and Prime Minister Mahinda Rajapaksha.…

SLT-Mobitel இற்கு ‘CALLER TUNES’ வசதியை வழங்கும் EVOKE

தொலைத்தொடர்பு சேவை வழங்குனர்களுக்கு பெறுமதி சேர் சேவைகளை வழங்குவதில் கவனம் செலுத்திவரும் இலங்கையின் பொழுதுபோக்கு வர்த்தக முன்னோடியான EVOKE INTERNATIONAL LIMITED ஆனது, SLT-Mobitel உடன் இணைந்து தொலைபேசி அழைப்பு ஒலிக்கான பின்னணி இசை ‘CALLER TUNE’ சேவையை வழங்குகிறது. இந்தச்…

Sri Lanka focus on ‘homegrown solutions’ to settle $6.9 billion external debt servicing obligations for 2022

Sri Lanka will focus on ‘homegrown solutions’ to settle $6.9 billion external debt servicing obligations for 2022 with nearly half of these obligations falling within the 1st quarter of the…

Ceylon Graphite successfully Renews the Environmental Licence for K1 Mine Project

Ceylon Graphite Corp. has successfully renewed its Environmental Protection Licence from the Central Environmental Authority (CEA) of Sri Lanka for ongoing operations at the K1 Mine project, the company announced.…