Aitken Spence records quadruple-digit growth over previous year
The diversified blue-chip Aitken Spence PLC reported a profit before tax of Rs. 8.5 Bn for the six months ended 30th September 2022. This is an …
The diversified blue-chip Aitken Spence PLC reported a profit before tax of Rs. 8.5 Bn for the six months ended 30th September 2022. This is an …
A doubling of synthetic fabric volumes, higher selling prices and the impacts of the depreciation of the Rupee have generated strong growth for Teejay Lanka …
The Institute of Policy Studies of Sri Lanka (IPS) held a seminar on 25 October 2022 to coincide with the release of the Institute’s annual flagship report, …
The Securities and Exchange Commission of Sri Lanka (SEC), the Colombo Stock Exchange (CSE), and the International Finance Corporation (IFC), in partnership …
Several Business Chambers in a joint statement note with concern that some organizations have called for mass protests on 2 nd November. While recognizing …
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index which followed an increasing trend since October 2021, declined …
Sri Lanka's Presidential Envoy to Europe and the Commonwealth, Niranjan de Silva Deva Aditya (Nirj Deva), said this week in Brussels that he has started …
Under the aegis of the Embassy of Sri Lanka in Jordan, an MoU between SLASSCOM and INT@J was signed on 27 October, 2022. The MoU signing took place virtually …
Microsoft for Startups Founders Hub was recently launched in Sri Lanka to empower local startup founders to turn their ideas into reality and help boost the …
Elon Musk's deal to purchase Twitter has gone through and the now-former CEO and CFO have left the company's offices and will not be
Small and medium enterprises can avail of working capital loans from banks through a loan scheme facilitated under an existing ADB credit line, the Finance …
The Board of Directors of the Colombo Stock Exchange (CSE), with the consultation of the Securities and Exchange Commission of Sri Lanka (SEC) have decided to …
The Ceylon Chamber of Commerce is pleased to note the passing of the 21st amendment with an overwhelming majority in Parliament last week. While all measures …
Earnings from the merchandise exports increased by 5.75 % y-o-y to US$ 1,093.98 Mn in September 2022 as per the data released by the Sri Lanka Customs. This …
Emirates, the world’s largest international airline, is looking for candidates to join its multinational cabin crew team with an assessment day planned in …
As the situation in Sri Lanka continues to improve, Mastercard today announced its latest effort to promote the island nation as a safe, affordable destination …
By Lakshila Wanigasinghe World Food Day is observed on 16 October to promote awareness and action to ensure regular access to nutritious food for all. The …
Rated Sri Lankan corporates in consumer-goods retail, power generation and homebuilding will be among the most affected if the economic crisis deepens or is …
Japan is working to organize a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving the country’s debt crisis, the Japanese Yomiuri …
by M. Rizwan Muzzammil The economy is shrinking The economy can be likened to a train engine pulling carriages up a hill. The engine represents the wealth …