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CEB reports turnaround performance in 3Q despite tariff cuts
The Ceylon Electricity Board achieved a significant turnaround in Q3 2024, driven by prior steep tariff hikes, with revenue rising 19.8% year-on-year to Rs.126.80 billion and operating profits surging by 169.8% to Rs.35...
2024-11-21
Daily Mirror
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CEB reports turnaround performance in 3Q despite tariff cuts
The Ceylon Electricity Board achieved a significant turnaround in Q3 2024, driven by prior steep tariff hikes, with revenue rising 19.8% year-on-year to Rs.126.80 billion and operating profits surging by 169.8% to Rs.35...
2024-11-21
Daily Mirror
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ADB US$200 million loan to strengthen Sri Lanka’s financial sector
The ADB approved a $200 million loan to strengthen Sri Lanka's financial sector by enhancing banking sector governance, improving asset quality, supporting MSMEs with incentives, promoting financial inclusion for women through...
2024-11-20
Economy Next
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President urges IMF to adopt balanced approach in economy recovery program
President Anura Kumara Dissanayake stressed the need for a balanced IMF approach that addresses fiscal challenges while prioritizing social welfare, efficient resource use, and anti-corruption measures to rebuild public tru...
2024-11-19
Daily FT
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SriLankan loses Rs. 12.9 b in Q1
SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt.  ...
2024-11-05
The Morning
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