Bairaha Farms PLC saw its sales languishing in the three months to September, partly due to the sluggish consumer demand resulted from a multitude of reasons and the higher base effects in the same period last year when the country saw some robust pe

The Sri Lanka Institute of Nanotechnology (SLINTEC), a one-of-a-kind public-private partnership aimed at developing advanced technologies, has introduced homegrown nano-fertilisers to the market with the aim of uplifting the local agriculture industr

Sri Lanka would require renewed thinking looking to achieve the ambitious goal of ushering in economic development via digitalization as regional peers are leaping to reap the benefits stemming from technological transformations.

The Hambantota International Port (HIP) recently facilitated the shipment of locally manufactured trailers, marking the beginning of its services to the local industry as a gateway port.

Sri Lanka Export Development Board (EDB) is planning to hold the 24rh Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on November 26th at the Bandaranaike Memorial International Conference Hall (BMICH) under the patron

Reaching a significant milestone to ensure worker safety, The Planters’ Association of Ceylon (PA) and the Plantation Human Development Trust (PHDT) announced that nearly 100 percent of RPC estate workers have been fully vaccinated against COVID 19

The Jaffna Magistrate’s Court yesterday issued summons against Palmyrah Development Board Chairman Kirishantha Pathiraja,

The Government of Sri Lanka and World Bank signed a US $ 500 million financing agreement to provide safe, efficient and climate-resilient connectivity, to strengthen agricultural supply chains through the Inclusive Connectivity and Development Projec

The employees of state-owned National Savings Bank (NSB) yesterday launched a protest campaign,

Overseas Realty (Ceylon) PLC reported robust revenues and profits in the three months to September, as the sales of residential apartments at its final two phases of the company’s iconic Havelock City project continued strong, with the construction

The Central Bank yesterday announced the establishment of a new department named ‘Foreign Remittances Facilitation Department’ (FRFD),

INSEE Cement – currently operating at 3.6 million tonne maximum production and import capacity – has added two more shipping vessels to its import logistics operation, addressing the on-going product shortage in the local market.

The local IT sector yesterday saw the launch of Sri Lanka’s first carrier-neutral and high-density data centre at the Orion City IT Park, facilitated by Digital Reality (Pvt.) Ltd.

CIPM Sri Lanka – the nation’s leader in human resource management announced that registration of participants for the World HR Congress 2021 is now open.

Standard Chartered Sri Lanka was recently recognised by Great Place to Work as one of the 10 ‘Best Workplaces for Women in Sri Lanka’ in 2021, the bank announced.

In yet another HR achievement, AIA Insurance Sri Lanka has been recognized as a ‘Best Workplace for Millennials’ by the Great Place to Work Institute. This first-time award for AIA Sri Lanka is a true testament of the company’s diversity and pr

BMICH, Sri Lanka’s iconic landmark was proud to host its first international conference the 5th Non-Aligned Summit Conference 45 years ago in mid-August 1976 at which 96 Heads of State/Government and their country delegations participated consist

Have you ever asked yourself, “What makes a business work?” The answer is the people behind it.

Hatton National Bank PLC has partnered with the National Chamber of Exporters of Sri Lanka (NCE) as the exclusive banking partner of the ‘Sri Lanka Export Brand’ exhibition organized by the NCE at the World Expo 2020 in Dubai, United Arab Emirate

The upcoming Sri Lanka Economic Summit 2021 is prepared to host a lineup of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’.

On the road to empower our Sri Lankan women on a national level, NDB Bank together with Sirasa NewsFirst has commenced the Provincial Level Application process.

Businessman Thirukumar Nadesan, husband of former Minister Nirupama Rajapaksa who was named in the recently leaked Pandora Papers has entered the top 20 shareholders list of Sri Cargills (Ceylon) PLC.

Sri Lanka’s leading e-commerce platform Kapruka Holdings Limited is planning to raise Rs.505.5 million via an Initial Public Offering (IPO) on the Colombo Stock Exchange (CSE) offering 20 percent stake in the company within this year.

Sri Lanka Telecom PLC (SLT) has initiated legal action against SJB Parliamentarian Manusha Nanayakkara in the Colombo District Court on November 1, requesting him to pay a sum of Rs. 1 billion as damages, averring that irreparable loss and damage has

John Keells Holdings PLC (JKH) reported robust top and bottom line performance for the three months to September as its property, transport and financial services businesses did well although its consumer and retail units faced headwinds from the vir

The government this week decided to award US$ 162.66 million Eppawala–Giribawa water supply contract to a joint venture (JV) formed by Israel-based LR Group and Swiss-based SBI International Holding.

The interest rates on term deposits offered by finance companies are continuing to increase in lockstep with the sharp increase in Treasury bill rates seen lately as the regulator this week issued fresh guidelines further increasing the maximum rates

Sri Lankan exporters of food items will soon have the opportunity of accessing the gigantic Chinese food market with the China Council for the Promotion of International Trade (CCPIT) hosting the second China online Import Fair and matchmaking of Foo

The Central Bank of Sri Lanka (CBSL) added to the Consolidated Fund a sum of Rs.2 million during the third quarter, which was collected by way of imposing penalties on three financial institutions for non-compliance with Financial Transaction Reporti

International Construction Consortium (Pvt) Limited (ICC) has secured the tender to construct a mixed development project on a 2-acre 6.32 perch land in Thalapathpitiya belonging to the Urban Development Authority (UDA) with long term lease rights at