Adaderana Biz English | Sri Lanka Business News - Sri Lanka's 24x7 ...
WEB5 days ago · Sri Lanka's 24x7 Business News Portal - Sri Lanka economy, business and finance, Sri Lanka rupee, Sri Lanka stocks, interest rates, bonds and foreign exchange on Adaderanabiz.lk
PickMe’s IPO oversubscribed - Adaderana Biz English | Sri Lanka ...
WEB2 days ago · PickMe’s IPO oversubscribed. September, 13, 2024. Digital Mobility Solutions Lanka Limited, known as PickMe, has successfully concluded its Initial Public Offering (IPO), demonstrating robust investor interest. The company offered 43,474,179 shares at a price of LKR 36.00 per share, and the issue has been oversubscribed.
Sri Lanka: State of the Economy 2023 - Ada Derana
WEBOct 17, 2023 · Sri Lanka has faced a turbulent economic journey in recent years, with 2022 witnessing an unprecedented crisis marked by a staggering 8.7% GDP contraction. The economy slowly but steadily pulled back from the abyss over the course of 2023. Notably, the Sri Lankan rupee has stabilised and even appreciated by 12%, inflation has dropped to 1.3%, import restrictions are being eased, and interest ...
Musk’s Starlink wins Sri Lanka licence - Ada Derana
WEBAug 13, 2024 · Reuters - Sri Lanka's telecommunications regulator has issued a licence to Elon Musk's Starlink, the satellite unit of SpaceX, to provide the country with satellite broadband services, the president's office said. Sri Lanka's parliament passed a new telecommunications bill last month, which amended the law for the first time in …
National Single Window: A Game-Changer for Sri Lanka’s Trading ...
WEB3 days ago · The National Single Window (NSW) transforms trade by allowing all documents to be submitted only once on a digital platform, slashing redundancy and boosting efficiency. For Sri Lanka, the NSW means lower trade costs, faster processing, better government revenue collection, and stronger alignment to global standards, unlocking new growth opportunities. Success stories from Singapore, South...
Top News Archives - Adaderana Biz English | Sri Lanka Business News
WEBThe 32nd Annual General Meeting of the Sri Lanka – Pakistan Business Council (SLPBC) was recently held, graced by His Excellency Major General (R) Faheem Ul Aziz, HI (M) High Commissioner of Pakistan in Sri Lanka, His Excellency Admiral Ravindra C Wijegunaratne, High Commissioner of Sri Lanka in Pakistan at Cinnamon Grand, Colombo. Mr.
Leveraging social platforms for business growth in Sri Lanka
WEB5 days ago · It goes without saying that social platforms have evolved from a mere communication tool to a powerful catalyst for business growth. For businesses in Sri Lanka, leveraging social media is now optional but essential for navigating the competitive landscape and achieving sustainable growth. Predominantly, during the last ten years, I have witnessed the transformative impact social media can ...
Business Sentiment: Index Climbs to an 11 Month High - Ada Derana
WEBMay 31, 2024 · Business confidence spikes for a third consecutive month to nearly three digits Sri Lanka’s internal affairs are heating up with critical agreements pending regarding debt restructuring. The government however, is confident that the process will be completed in time for the release of the third IMF tranche in June. President Ranil Wickremesinghe announced that the...
Remarkable Surge in Agricultural Exports in First Half of 2024
WEBJul 16, 2024 · Secretary to the Ministry of Agriculture and Plantation Industries, B.L.A.J. Dharmakeerthi, highlighted a significant resurgence in the agricultural export sector during the first half of 2024, surpassing performance in the preceding two years. He attributed this growth to decisive actions taken to counter the decline in agricultural export earnings observed in 2023 compared to 2022.
Sri Lanka Achieves $9 Billion in Export Income in First Half of 2024
WEBAug 22, 2024 · State Minister for Investment Promotion, Dilum Amunugama, announced that Sri Lanka has secured an export income of USD 9 billion in the first six months of this year.