Business

D P Global Ventures (DPGV), the agricultural wing of the David Pieris Group of Companies, recently concluded its first export consignment to the Russian market. The first shipment consisted of a range of dehydrated fruits such as…

The Board of AIA Group released financial results for the six months ended 30 June 2021 with a 22% growth in value of new business (VONB) to US$1,814 million. Their Operating profit after tax (OPAT) increased by 5 per cent to US$3,182…

Ambassador, Dr. Palitha Kohona signed a RMB 2,000 million Term Facility Agreement with the China Development Bank (CDB) on August 17, 2021. Director General of International Cooperation Department II, Global Finance of the CDB Wang Wei…

Posting a steady performance, Orient Finance PLC recorded a profit before tax of LKR 59 Mn for the first quarter of the financial year 2021-22, indicating a growth of 217 per cent in comparison to the corresponding period in the…

Crises can often lead to significant changes in almost every operational aspect of life. The ongoing global COVID-19 pandemic is a fitting example of how profound disruption can be. Many industries and markets had to radically shift to…

The introduction of Delivery Versus Payment (DVP) is the most meaningful change to the Colombo Stock Exchange (CSE) trading infrastructure in several decades. The CSE implemented the DVP Settlement mechanism as scheduled on 16th August…