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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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Maxime Wickramasinghe representing Connaissance de Ceylan was unanimously re-elected as President of the SLAITO YOUTH. SLAITO as one of the recognized apex bodies in Sri Lanka has always looked at uplifting the tourism industry…
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More than 50 per cent of the schools across the country were opened yesterday and the teachers’and students’ attendance was more satisfactory than expected, said Education Ministry Secretary Professor Kapila Perera yesterday (21).…
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