Manufacturing PMI turned positive in March 2023, after nine consecutive survey rounds, recording an index value of 51.4. This month-on-month expansion was driven by the increase in New Orders and Production sub-indices mainly due to the seasonal demand. However, Employment, Stock of Purchases and Suppliers’ Delivery Time sub-indices remained below the neutral threshold. The increase […]
Aitken Spence Travels welcomed 4,000 cruise tourists to Sri Lanka on the eve of Sinhala and Tamil New Year. The luxurious cruise ships, MSC Poesia and MSC Magnifica, docked into the port of Colombo with the atmosphere filled with excitement and celebrations. The shore excursion teams from Aitken Spence Travels were on site, ready to […]
YoungShip Sri Lanka is shaping the future of the country’s maritime industry by empowering young professionals through opportunities to learn, share, and collaborate whilst being part of a global network. The organisation celebrated its 10th anniversary on the 21st of March 2023, at the Marino Beach Hotel in Colombo. The celebration earmarked an extra special […]
By Hiran H.Senewiratne Shares edged-down in mid-day trade and the market’s subdued run continued yesterday amid low investor interest and activity. The latter was reflected in low turnover and index declines, market analysts said.The All- Share Price Index went down by 1.62 points and S and P SL20 declined by 1.5 points. Turnover stood at […]