Maud Meijboom-van Wel has assumed duties as Managing Director of Heineken Lanka Limited, taking over the reins from her predecessor, industry veteran Dusty Alahakoon who was responsible for transforming Heineken Lanka Limited into a multinational.

The Exterminators (Pvt) Ltd announced that the company has become Sri Lanka’s 1st and probably the world’s 1st ISO 22000 Food Safety Management System certified disinfection service provider.

While reassuring the commitment to maintain policy consistency, State Minister of Money & Capital Market and State Enterprise Reforms, Ajith Nivard Cabraal appealed investors and businesses community to stay on course without losing vigour and giving

The growth in private sector credit continued its robust spell with added vigour in June, broadly reflecting the continuous appetite for low-cost credit in the economy as banks have demonstrated utmost willingness to keep their lending taps wide ope

SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance is delighted to announce the commencement of direct flights between Sri Lanka and Russia. The inaugural flight was ceremonially greeted with a water salute at

Prices in the Colombo district were pushed further higher in July as people were seeing venturing out after a month long sheltering-in-place, spending on everything from travel to clothing to restaurant dining, while the food prices eased, though sta

Bairaha Farms PLC, a leading chicken processor in the country reported strong financial performance for the quarter ended in June (1Q22), as demand for chicken recovered from the pandemic-induced slowdown while prices also remained elevated, supporti

Expolanka Holdings PLC delivered yet another solid quarter in June (1Q22) with massive jump in revenues and soaring profits as the company continued to benefit from the increased share of air freight amid persistent disruptions to the ocean freight i

Earnings from worker remittances declined in June from a year ago levels ending a thirteen-month long spell of continuous climb seen from May last year, but the income for the first six months of 2021 is still higher than what the country received a

The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce, in partnership with the Information and Communication Agency (ICTA), will be hosting a timely webinar on the Data Protection Bill today, from 10:30 a.m. to 12:00 noon, via Zoom

OREL IT, a well-reputed name synonymous with distinctive groundbreaking technology and innovation both in Sri Lanka and globally, recently appointed Dr. Upendra Pieris as its Chief Executive Officer, who has been at the forefront of the company’s a

Pathfinder Foundation Senior Visiting Fellow Rajendra Theagarajah led a small work group to examine the implications of the April 2019 terror attacks and subsequent COVID-19 pandemic on the micro and small and medium enterprise (SME) segment and tour

Some of China’s major fertiliser companies said they would temporarily suspend exports to assure supplies in the domestic market, the state planner said yesterday, after prices in one of the world’s top grain producers hit record levels.

The restrictions reimposed since mid-April on economic activities derailed the momentum at Piramal Glass Ceylon PLC, prompting the company to “aggressively” seek new international markets to blunt the impacts that could stem from the potential di

On June 3, one of London’s hottest days of the year so far, Chamath Palihapitiya, an early Facebook executive-turned tech investor, had lunch on the rooftop of The Ned hotel with the co-founders of insurance start-up Flock: Ed Klinger and Antton Pe

Brombil Tea Factory, situated in Pelawatte, achieved an attractive price (highest ever) of Rs.1,550 per kg for the BOPA grade, in the Low Grown category, at the weekly tea auction held on July 27 and 28, 2021.

SriLankan Engineering, the maintenance repair overhaul (MRO) arm of SriLankan Airlines, recently carried out a maintenance check on an aircraft belonging to Qatar Airways.

Wathurawila Tea Factory, situated in Elpitiya, managed by Evergreen Group of Companies, achieved an all-time record price at the weekly tea auction held on July 27 and 28, 2021, by securing an attractive price of Rs.1,550 per kg for the BOP grade, in

Vallibel Finance PLC reported higher top and bottom line performances for the three months ended in June (1Q22), aided by higher loans, margin improvement and lower credit costs from the same period in 2020, showing that the company was able to succe

As a result of prioritising the vaccination drive for all employees in all 14 export processing zones (EPZs) across the country, the Board of Investment (BOI) has witnessed a sharp increase in total employee attendance of up to 80 percent as at July,

The Civil Aviation Authority of Sri Lanka (CAASL) yesterday gave clearance for incoming flights to operate in full capacity provided the passengers are fully vaccinated and are arriving via a bio bubble.

Filing its first set of financial statements with the Colombo Stock Exchange since going public last month, Prime Lands Residencies PLC reported strong revenues and profits for the financial year ended March 31, 2021 reflecting the resilience demonst

Attorney-at-law Eraj de Silva appearing for the United National Party (UNP), submitted to Supreme Court that the proposed tax amnesty scheme is similar to an invitation for money launderers and drug dealers alike to seek protection under the proposed

The Rs.10 billion listed debt issue of People’s Leasing and Finance PLC was oversubscribed on the opening day. Hence, the issue was closed at 4.30 p.m. yesterday.

Overseas Realty (Ceylon) PLC continued to see robust sales for its luxury apartments at its Havelock City project, reflecting the country’s real estate sector has recovered strongly irrespective of virus-related restrictions and other challenges, w

The number of students per teacher measured through the Student Teacher Ratio (STR) stood at 16.3 in 2020 at all government schools, little changed from a year earlier, but a growing gap was observed in the ratio depending on the size of the school,

As an initiative to uplift the reviving tourism industry in the country, the Sri Lanka Tourism Development Authority (SLTDA) in collaboration with the Sri Lanka Institute of Tourism and Hotel Management (SLITHM) has introduced the continuous professi

The Institute of Policy Studies of Sri Lanka (IPS) has announced the inaugural Policy Pitch Competition for University Undergraduates, aimed at encouraging youth to present practical solutions to the contemporary problems in Sri Lanka.

The International Chamber of Commerce Sri Lanka (ICCSL) moved into its own premises at Suncity Building, Colombo 3.

Sri Lanka@100 (SL@100) recently hosted its first virtual networking event to strengthen cross-sell, partnership opportunities, and knowledge-sharing among mid-market companies, supported by the platform.