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Thornton Engineering, the Next Ventures owned civil engineering company, has acquired a 100% stake in Dane Engineering (Pvt) Ltd. for Rs 350 million, creating a construction business with a combined portfolio of Rs 5.9 billion.…
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In their monthly Economic Outlook for September- October predicts that restrictions imposed on the current account and capital account are likely to blow back rather than improve the balance of payment situation. “Swaps and…
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The Planters’ Association of Ceylon (PA) and the Plantation Human Development Trust (PHDT) announced major progress in their collective efforts to safeguard all residents of Sri Lanka’s estate community, with over 85% of the community…
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Prolonged restrictions on vehicle importation could pose challenges to growth prospects of Sri Lankan finance and leasing companies (FLCs) says Fitch Ratings in their ‘Sri Lanka Finance and Leasing Companies Dashboard: FY21.…
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Sri Lankans biggest privately funded development, Colombo Port City (CPC) which will help to elevate Sri Lanka to its next level will be celebrating 7 years of its existence today. (17). The project was inaugurated by its brainchild…
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Sri Lanka Podujana Peramuna (SLPP) MP Jagath Kumara said that despite the Opposition claims that the country has failed in the vaccination drive, Sri Lanka has emerged as one of the leading countries to have vaccinated over 50 per cent…
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LocalTags: Print EditionA delegation from the European Union (EU) is to visit Sri Lanka this month to discuss the GSP Plus trade concession. The Foreign Ministry said the delegation will be in Sri Lanka on September 27. The EU office…
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