2021

Jaffna farmers are now harvesting their grapes and the demand for it is picking up. However the leading super markets are yet to venture into this segment and purchase them in a more organized manner depriving the Northern farmer of…
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Manufacturing PMI bounced back to 54.3 in September 2021, increasing by 9.2 index points compared to August 2021. This increase was mainly attributable to the significant improvements observed in New Orders and Employment sub-indices.…
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The legacy of the pandemic may leave permanently higher unemployment and lower wage levels in the economy which would in turn affect the spending power of consumers, says ICRA Lanka ratings. “We expect the demand for services to…
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First Capital Treasuries PLC, Sri Lanka’s leading non-bank primary dealer, recently announced the firm’s intention to enter an Initial Public Offering (IPO). The IPO is scheduled for November 2021 subject to regulatory approval.…
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The Chambers and business community lashed out at the Port related trade unions and other pressure groups and some political parties for not allowing Indian Port Operator Adani to continue their proposed development in the East…
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The corporate sector is a part of the economy made up of companies which include, the primary sector – producing raw materials, the secondary sector – manufacturing and the tertiary sector – trading and services. It is a subset…
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With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Athurugiriya Service Centre into a fully-fledged branch. The new branch was opened to the public on October 21, making…
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This year’s World Agility Forum nominated PickMe for the Best Agile Transformation Initiative award, placing this innovative ride hailing company amongst the world’s most agile global giants such as FedEx and Holubuva. Although…
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Construction contractors face immense financial difficulties due to problems encountered by them in claiming payments for ‘price escalation’. This problem has mainly arisen due to lack of clarity and consistency regarding payment…
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The Sri Lanka Pavilion continued to attract large numbers of visitors to Expo 2020 - result of the concerted efforts of Sri Lanka Tourism along with partners to date - Export Development Board, Ceylon Tea Board, Sri Lankan Airlines,…
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