business Sri Lanka

Broader market reacted positively to the strong corporate earnings released for latest quarter. Market hence continued its recovery story in the month, where the ASPI yesterday...

As Sri Lanka began expanding its COVID-19 vaccination programme beyond the Western Province, Emirates SkyCargo supported the process by transporting a consignment of Sputnik...

Dialog Axiata PLC, had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’ for the third consecutive year by Brand Finance, the world’s leading independent...

The Colombo Stock Exchange (CSE) has recorded 9.3% growth in Year-to-Date (YTD) All Share Price Index (ASPI) within the first 05 months of 2021. The S & P SL 20 Index...

The Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange is all set to unveil the first ever virtual platform in Sri Lanka to attract foreign...

LOLC Group, posted a record-breaking performance for the financial year ending March 31 2021, achieving unprecedented bottom line results of Rs. 57 billion in Profit Before...

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The “Brighter Life” Foundation in Switzerland (BLFS) came forward to donate some of the most urgently needed medical equipment to save the newborn lives of children at the...

The COVID -19 third wave has seen an increased rise in the number of reported cases and in response to this, HSBC Sri Lanka partnered with A-PAD Sri Lanka to facilitate emergency...

Marlbo Trading Company, sole agent for many reputed European and Asian electrical brands operating since 1989 provided urgent medical supplies to treat urgent COVID-19 patients...

Port City Colombo donated over Rs. 2 million worth of Personal Protective Equipment (PPE) to the Marine Environment Protection Authority (MEPA) on 28 May to support its ongoing...

Seylan Bank, gifted a fully equipped Intensive Care Unit (ICU) to the Colombo East Base Hospital in Mulleriyawa, on May 21, to support the national effort against COVID -19....

MAS Holdings and its associates honoured their pledge to support the ‘Little Hearts’ project of the Lady Ridgeway Hospital, by raising funds to upgrade its infrastructure...

Sysco LABS was recently named as a winner of the provincial award for the Western Province in the “Best Innovation in Internal Process” category at the SLASSCOM National Ingenuity...

Streamlining agriculture through new technologies helps in improving productivity and reducing the cost of production which will encourage more people to turn towards agriculture...

The Chartered Institute of Management Accountants (CIMA) in Sri Lanka has invited a panel of specialists to share insights on how to develop a consistent content strategy...

As Sri Lanka is facing a spike in COVID-19 positive cases the medical burden faced by the Government of the country has worsened. Upfield Lanka the company behind Astra and...

Sunshine recorded a consolidated Group revenue of Rs.24.3 billion for the year ended 31 March 2021, an increase of 16.6% over last year. Profit after tax (PAT) for the period...

To ensure ease of doing business the power of the proposed commission to act as a one-stop-shop to deal with investors was emphasized. The emphasis was placed by legal counsel...

SLIIT, one of the largest non-state degree awarding institute announced the commencement of its May intake for Undergraduate Degree Programmes, inviting students to experience...

Regarding recent reports surrounding the closure of one its facilities in Thulhiriya, MAS reiterates that the company is proactively working with the Government Health Authorities...

ICRA Lanka Limited has assigned the issuer rating of [SL]BBB+ (Pronounced SL triple B plus) with Stable outlook for Senfin Asset Management (Pvt) Limited (SENFIN or the Company). ICRA...

Dr. Arosha explaining the master plan of the Colombo Port City to one of the representatives of the investment party at Shangri-La Hotel, overlooking the Colombo Port City...

Sri Lanka tea production for the month of April 2021 totalled 29.58 M/kgs, showing an increase of 8.76 M/kgs vis-à-vis 20.82 M/kgs of April 2020. All elevations have shown...

Highlights from ‘Light of Dhamma’ for Vesak 2021 SLT-MOBITEL, launched a national effort to light up hearts affected by the pandemic, through the illumination of colourful...

John Keells Group records strong recurring EBITDA of Rs.7.17 billion in Q4 despite underperformance of Leisure and Property; Q4 recurring EBITDA growth of 43%, excluding Leisure The...

Even amidst strict travel restrictions, factory workers involved in the production and export industry are allowed to travel from their places of residence to the factory...

Tokyo Cement Group stepped forward to fulfill its National duty by signing a far-reaching MOU with the Ministry of Environment. Through this memorandum of understanding, Tokyo...

Attending the virtual signing ceremony were HIPG CEO Johnson Liu, COO Tissa Wickramasinghe along with Intertek Regional Director Trade James Ignatovich, Regional Director...

Colombo Stock Exchange (CSE) launched an Educational Series on ‘How to Invest in Initial Public Offerings (IPOs)’ on May 18, 2021. Anuradhapura Branch of CSE had organized...

Government expenditure towards treatment and prevention for the COVID-19 pandemic so far is over Rs. 138 billion and in addition to minimizing the economic impact several...

Automated utility bill payment with no intervention by the customer has brought about a new dimension in convenience for ComBank credit card holders by offering them an option...

Raytelligence, Sweden’s leading healthcare technology and service provider partners with Creative Software to develop their cutting edge monitoring system EaZense for vital...

In the coming weeks, clearance procedures are going to allow imported goods requiring supplier credit to be allowed with credit periods shorter than 180 days. The imported...