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Colombo Port City SEZ Attracts Over 100 Global Companies

  • CNL Reporter
  • October 31, 2024
  • Investment
  • Colombo Port City, Global Companies
  • 0 Comments

The Colombo Port City Special Economic Zone (SEZ) is drawing significant interest from more than 100 companies, as revealed by its promoter.

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271 gemstones in Dept. of Geology remain unassessed since 1964

  • CNL Reporter
  • October 31, 2024
  • Banking and Financial
  • gemstones
  • 0 Comments

The Department’s Geology division is in possession of 271 gemstones which have been securely deposited at the Metropolitan Branch of the Bank of Ceylon since September 18, 1964, remains unassessed, the National Audit report in 2023 revealed.

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Sri Lanka’s construction activity slips in September

  • CNL Reporter
  • October 31, 2024
  • Constructions
  • Sri Lanka’s construction
  • 0 Comments

Sri Lanka’s construction sector reported a contraction in September, reflecting a slowdown in the activities, influenced by the election-related disruptions, the data from the Purchasing Managers’ Index (PMI) showed on Monday.

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Sri Lanka Seylan bank Net up 4.6-pct in September 2024 quarter

  • CNL Reporter
  • October 31, 2024
  • Banking and Financial
  • Sri Lanka Seylan bank
  • 0 Comments

Profits at Sri Lanka’s Seylan Bank Plc group grew 4.61 percent to 2.06 billion rupees in the September, 2024 quarter, interim accounts showed.

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Sri Lanka eyes default exit by December; IMF review completion after budget: CB Governor

  • CNL Reporter
  • October 31, 2024
  • Banking and Financial
  • IMF, Sri Lanka
  • 0 Comments

Sri Lanka aims to conclude its debt restructuring process by year-end, with expectations for a prompt exit from the default rating category soon after,

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SLCB promotes Cultural Triangle as key MICE tourism hub

  • CNL Reporter
  • October 31, 2024
  • Travel and Tourism
  • Cultural Triangle, MICE tourism hub
  • 0 Comments

The Sri Lanka Convention Bureau (SLCB), an entity under the Finance, Economic Development, Policy Formulation, Planning and Tourism Ministry,

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Sampath Bank strengthens global ties with USD 750Mn investment in SBI syndicated loan

  • CNL Reporter
  • October 31, 2024
  • Banking and Financial
  • Sampath Bank
  • 0 Comments

Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term loan facility for the State Bank of India (SBI), facilitated by Mashreq,

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Colombo Stock Market Posts Gains

  • CNL Reporter
  • October 31, 2024
  • Business News
  • Colombo Stock Market
  • 0 Comments

The Colombo stock market sustained its upward momentum today as well.

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Rice prices average above rate stipulated by Govt

  • CNL Reporter
  • October 31, 2024
  • Business News
  • Rice prices
  • 0 Comments

Despite the government regulating prices for Nadu rice at Rs. 220, prices have averaged Rs.235 a kilo in the market, according to recent reports.

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OQ Trading gets contract to supply LPG for Litro in 2025

  • CNL Reporter
  • October 31, 2024
  • Constructions
  • OQ Trading gets contract to supply LPG for Litro in 2025
  • 0 Comments

The Cabinet of Ministers on Monday approved awarding the contract to OQ Trading Ltd., for the supply of Liquefied Petroleum Gas (LPG) to Litro Gas Lanka Ltd., in 2025.

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