KLN has low balance sheet risk, with a net debt/EBITDA including lease liabilities of 1 as of December 2023. We expect it will return to a net cash position in the coming five years. EBIT/interest ...

In response to the escalating congestion crisis at the Colombo Port, a coalition of 29 leading chambers of commerce, trade, maritime and logistics associations has proposed a comprehensive action plan ...

The Allen Lund Company announces 23-year ALC veteran Xiomara Monterrey's promotion to Carrier Resources Manager ...

Sri Lanka’s rupee depreciated sharply to close at 297.70/85 to the US dollar in the spot market Thursday, from Wednesday’s close of 296.40/70, dealers said, while bond yields were also steeply down.

In light of the ongoing challenges faced at the Colombo Port, Sri Lanka’s Joint Chambers, along with key trade, maritime and ...

Sri Lanka’s leading business chambers and trade associations have urged authorities to address congestion at Colombo port, warning that delays and rising costs are hurting exporters and the broader ...

In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime ...

Sri Lanka's factories are hit by raw material delays and exporting are missing ships while as containers languish in trucks ...

In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime and logistics associations, wish to propose solutions to mitigate the ...