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Week commences on a positive note

Srilanka, Feb. 18 -- The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Melstacorp and National Development Bank with the turnover crossing Rs. 5.4 Bn. A simila... Read More


Government unveils Budget 2025: Yield curve on standstill

Srilanka, Feb. 18 -- The secondary market yield curve remained broadly unchanged while the market participants were cautious on the inaugural budget speech of the new government. Market activities r... Read More


PMI Manufacturing and Services indices indicate expansions in January 2025

Srilanka, Feb. 18 -- Sri Lanka Purchasing Managers' Index for Manufacturing (PMI - Manufacturing) recorded an index value of 59.0 in January 2025, indicating a further expansion in manufacturing activ... Read More


Private sector monthly minimum wage to be increased to Rs.30,000 by 2026

Srilanka, Feb. 18 -- President Anura Kumara Dissanayake announced that the employers are in agreement to increase the monthly minimum wage of the private sector workers to Rs.30,000 by 2026. This wil... Read More


Fonterra establishes milk collection and chilling centre in Hanwella

Srilanka, Feb. 18 -- Fonterra Brands Lanka strengthened its commitment to Sri Lanka's dairy sector with the opening of a new milk collection and chilling centre (MCC) in Hanwella. This initiative wi... Read More


Rs.1.5bn allocated to establish dedicated industrial estate to boost automobile and rubber exports

Srilanka, Feb. 18 -- The government yesterday announced plans to establish an industrial estate dedicated to manufacturing automobile components and rubber products, in an effort to improve Sri Lanka'... Read More


Rs.1.5bn allocated to establish dedicated industrial estate to boost automobile and rubber exports

Srilanka, Feb. 18 -- The government yesterday announced plans to establish an industrial estate dedicated to manufacturing automobile components and rubber products, in an effort to improve Sri Lanka'... Read More


SriLankan Airlines receives Rs.20bn to settle old debts

Srilanka, Feb. 18 -- As attempts to divest the state ownership and attract private investments have been unsuccessful, national carrier SriLankan Airlines is slated to receive Rs.20 billion to repay t... Read More


Alliance Finance green bond issue oversubscribed

Srilanka, Feb. 18 -- Alliance Finance Company PLC, in a stock exchange filing, announced that its redeemable green bond issue has been oversubscribed. The company offered up to 10 million green bonds... Read More


Serendib Flour Mills and Prima further reduce price of bread flour

Srilanka, Feb. 18 -- Serendib Flour Mills, together with Prima, the leading flour manufacturers in Sri Lanka, have collaborated with the Trade Ministry to support the government's cost of living reduc... Read More