Sunshine Holdings PLC reported robust sales in the three months to June (1Q22) powered by its expansive interests into healthcare, consumer goods and agri businesses, but the company is concerned that the recent ban on chemical fertilizer could have

Filing its first set of consolidated interim financial statements for the three months ending June since acquiring South Asia Textiles Limited, Hayleys Fabric PLC doubled its revenues and nearly tripled its earnings in a sign that the combined entity

Cargills (Ceylon) PLC maintained its revenues during the three months ended in June, largely unchanged from the previous three months, but significantly up from a year ago when the virus related lockdowns forced businesses to remain shuttered and peo

DFCC Bank PLC accelerated its loan growth in the three months ended in June (2Q21), but uncertainties related to the virus resurgence prompted the bank to set aside higher provisions for possible loan defaults while the other expenses rose as the ban

The Sri Lanka@100 platform announced the selection of six high-potential, mid-market firms to receive cutting-edge business advisory services to accelerate their growth.

Advantis 3PL Plus, a member of the Hayleys Advantis Group, set yet another benchmark in the logistics sector by becoming the only Sri Lankan company to obtain the UKAS accredited ISO 22000:2018 certification in food safety management in the ‘storag

A renowned team from Switzerland who are widely regarded as experts on organic agriculture met with Minister of Plantation Dr. Ramesh Pathirana and Secretary to the Ministry of Plantation Ravindra Hewavitharana on August 06th.

The organizers of the Most Admired Companies Award - The Chartered Institute of Management Accountants (CIMA) and The International Chamber of Commerce Sri Lanka (ICCSL) are delighted to have AIA Insurance on board as the Platinum Sponsor.

Facebook has announced that Facebook Marketplace is now available in Sri Lanka, making it easier for people to discover, buy and sell items from others in their local communities.

Access Engineering PLC (AEL), Sri Lanka’s foremost civil engineering and construction enterprise, completed the construction of phase 1B at the Nanotechnology and Science Park, in Pitipana North, Homagama, recently.

Amazon has told its US corporate staff not to return to the office until next year as COVID continues to spread.

India has introduced a bill in its lower house to scrap a controversial 2012 law that retrospectively levied capital gains tax on companies for the indirect transfer of their Indian assets.

D P Global Ventures (DPGV), the agricultural wing of David Pieris Group of Companies, recently concluded its first export consignment to the Russian market.

The Sri Lanka Export Development Board (EDB) is collaborating with the Ceylon Chamber of Commerce (CCC) and United States Agency for International Development (USAID)-supported Partnership for Accelerating Results in Trade, National Expenditure and R

Sri Lanka has been ranked the fifth poorest country in the world in terms of food affordability, according to a latest report by United Kingdom (UK)-based think tank, Institute of Development Studies.

The cruise ship ‘Navigator of the Seas’, under the agency of Prudential Shipping, called at the Hambantota International Port (HIP) for the purposes of receiving bunkers, marking another significant milestone in the diversity of the vessels calli

President Joe Biden unveiled yesterday a target backed by the Detroit automakers for half of all cars sold in the United States by 2030 to be zero-emission vehicles, the White House announced.

After a solid start for the year, Chevron Lubricants Lanka PLC appears to have lost momentum in the June quarter (2Q21), largely due to pandemic-related restrictions.

Teejay Lanka PLC has made an encouraging start to FY 2021-22 with solid top and bottom line growth in the three months ending 30th June 2021,

Jetwing Hotels, Sri Lanka’s leading hospitality company, launched Plated by Jetwing (www.platedbyjetwing.com ), its latest online, culinary experience, bringing mouth-watering dishes from around the world to your home table.

Sri Lanka Vanithaabhimana, an awards programme to empower the women of Sri Lanka, has been launched for the second consecutive year by NDB Bank and Sirasa News 1st.

Private label or own label products are products that carry the supermarket brand that sells it and are widely found in Sri Lanka. Since the marketing and distribution costs are at a minimum, these products are priced much less in comparison to other

The KPMG Academy presents the 23rd virtual session of the Friday Mid-Afternoon Chat series on August 6, 2021, at 3:00 p.m.

LNBTI has introduced properly structured honours degrees in ICT (two programmes) from a reputed university in the UK, customising to make it to the level where any student going through the superior learning experience offered in this programme.

Sri Lanka saw a pickup in the number of tourist arrivals for the month of July with 2,429 visitors coming in. The total number of visitors to the country for the first seven months was 19,337. Following the steep decline witnessed in April, the numbe

The Cabinet of Ministers this week granted approval to declare August 16 as the National Logistics Day for the purpose of educating the public on the importance of efficient and effective management of supply chains and its impact on cost of living.