business Sri Lanka

Colombo bourse concluded an impressive month of November, indices recording fresh highs whilst ASPI gained 12.6% MoM and maintained a healthy average daily turnover over Rs. 7.5...

The Board of Odel PLC in a stock exchange filing announced that Company’s’ fully owned subsidiary Softlogic Brands (Pvt) Ltd has entered into an Operating Lease Agreement with...

Singapore media reported that travelers from Sri Lanka, Thailand, Cambodia, Fiji, Maldives, and Turkey will be able to enter Singapore quarantine-free from the middle of next...

Treasury Secretary S R Attygalle hailed new Finance Minister Basil Rajapaksa for creating a firm stance with his budget expecting line ministries to use funds in the most...

Sustaining growth momentum in FY2021/22, Orient Finance PLC posted a profit before tax of Rs 207.69 million for the first half of the 2021/22 financial year, reflecting an...

The Ministry of Industry will take the lead in making all the activities carried out by the Ministry of Industry a green mark of the industrialization of Sri Lanka including...

Commending the Government’s decision allow private sector imports of fertilizer and agrochemicals into the country, to The Planters’ Association of Ceylon (PA) has offered...

Air Astana, the flag carrier of Kazakhstan, which was convinced of the post pandemic Sri Lanka recovery will re-start its’ operations by launching direct flights to Bandaranaike...

The Government is expecting to boost the island’s foreign exchange reserves which had fallen to USD 1 billion dollars by October to 3.5 billion US dollars by the year end,...

  Give 2 Asia, an international non-profit based organization in San Francisco Bay Area working in 23 countries across the Asia Pacific last week partnered with HelpAge Sri...

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NKAR Travels & Tours (Pvt) Ltd hosted leading travel agents from Nepal recently in Colombo to promote Sri Lankan Leisure, Mice, Adventure and Pilgrimage travel to Nepal....

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Colombo bourse reached new record highs whilst recording a healthy turnover over Rs. 9 bn with local investor interest on selected counters yesterday. Thus, the All Share Price...

The Trincomalee area is embellished with military history from decades ago. This town in the Eastern Province has many chapters of history associated with the Royal Air Force...

Measures to attract foreign IT professionals for the development of the local IT industry may not be apolitically popular decision in Sri Lanka, according to a recent industry...

Sri Lanka’s state-run BCC Lanka Ltd has been allowed to import desiccated coconut after paying 1 rupee special commodity levy from November 24, 2021 in a further addition to existing...

If the trend continues from December to April during the current winter season, the tourism industry is predicting that 400,000 tourist swill arrive in the country from November...

A discussion was held with Governor of the Central Bank Ajith Nivard Cabraal and the Colombo Business Association (CBA) delegation recently. Many topics were discussed such...

Generating a record-breaking profit for three quarters in a straight NSB records sensational performance beating all the odds during a pandemic. Its highest ever profit for...

Sri Lanka has reached out to India to boost its sagging economy with Finance Minister Basil Rajapaksa undertaking a visit to India in near future. The Lankan Finance Minister’s...

Sri Lanka had over 3,000 operating graphite mines and was the world’s number one graphite producer and exporter but after World War 2 many were shut down and only two were...

The Access Group consists of some of the country’s pioneering and innovative companies that have contributed to Sri Lanka’s corporate landscape. Access Projects is among them...

The Government will go ahead with a Fuel Price Stabilization Fund and though the benefits won’t be immediate. The fund shall decide fuel prices going forward and not government...

The 24th Presidential Export Awards (PEA) initiated by the Export Development Board since 1981 concluded last Friday at BMICH with Preisdnet gotabaya Rajapaksa sa the Chief...

In an endeavor of promoting Sri Lanka’s traditional handicraft items, produced by local craftsmen to international markets, the Sri Lanka Handicrafts Board –Laksala yesterday...

Sri Lanka’s biggest inefficiency is the distinction between formal and informal sector, World Bank Chief Economist for South Asia Hans Timmer said. Noting that it’s not only imperative...

Sanjeewa Kasthuriratne, Head of Business and Danushka Walpola, Deputy General Manager, Ideal First Choice, Nalin  Welgama, Founder and chairman, Ideal group, Chaminda...

Amagi Group of Hotels will invest over Rs. 1.9 billion in the next two years in three new hotel projects in Negombo, Marawila and in Katunayake. Chief Executive Officer, Amagi...

The Bourse ended the week on a positive note this week with ASPI increasing by 538.96 points (or 5.06%) to close at 11,197.68 points, while the S&P SL20 Index also increased...

Richard Pieris Finance Ltd, a fully owned subsidiary of the renowned Richard Pieris Group, and the sole financing arm under the renowned Arpico brand, recently revealed its...

CIPM Sri Lanka announced an exciting and engaging high value programme for the World HR Congress 2021 to be held in virtual mode from 6 to 8 December 2021 over 2+ days, more...

CBSL Governor, Ajith Nivard Cabraal (fourth from right) with HNB MD/CEO, Jonathan Alles (fifth from left), CBSL Assistant Governor, Dharmasiri Kumarathunga (fourth from left)...

Marlbo Trading Company operating since 1989 in the field of electrical and allied products will host their seventh successive ‘Annual Year End Sale’ from December 1 to 4 at...

Airtel Lanka, a subsidiary of international telecom giant Bharti Airtel Limited, recently revealed its plans to strategically expand its new 4G network across the island. As such,...