Business

Sri Lanka’s first-ever overseas `Laksala’ franchise outlet, organized by Sri Lanka Handicrafts Board (SLHB) to promote the country’s traditional handicraft products to the international market will be opened in Miami, Florida in the…

India’s telecom giant Bharti Airtel said yesterday it plans to raise 210 billion rupees (RM11.9 billion) by selling shares to existing shareholders ahead of the rollout of its 5G network. “The board of directors...…

The Coconut Development Authority(CDA) has started discussions with the relevant agencies including the Board of Investment for the establishment of a Specialized Export Processing Zone(EPZ) dedicated to coconut related industries in…

Over 200 agribusinesses in Sri Lanka are now better informed on the business need for climate change adaptation following a successful webinar, ‘Experience from Industry Leaders,’ organised by The Ceylon Chamber of Commerce in…

Deputy Director General of Health Services Dr. Hemantha Herath yesterday said that the number of COVID-19 cases and deaths is expected to decline after the next two weeks due to the effectiveness of the Quarantine Curfew. The number…

South Korean institutional economist and best-selling author Ha-Joon Chang called on the Central Bank of Sri Lanka and the government to have targeted credit schemes to boost economic development in the country. Chang noted that…

LOLC with its robust MSME-based (Micro, Small and Medium Enterprises business model is expanding its global footprint with three parallel investments being made in Tajikistan in Central Asia as well as Malawi and Tanzania in East…

Power generation headed upward over the years as defensiveness made the sector resilient against economic fluctuations according to First Capital Research’s GREEN ENERGY report. Power generation in Gigawatt hours (GWh) has been…

Recording its highest ever profit for a period of six months with a Profit Before Tax (PBT) of Rs. 13. 9 Bn and a Profit After Tax (PAT) of Rs.11Bn, National Savings Bank (NSB) shows strength and financial resilience in performance…