Business

Both indices had a free-fall within the first half an hour of trading yesterday and recovered gradually to conclude the day on a mixed note. Thus, the All Share Price Index increased by 13.4 points (+0.2%) to close at 8,112.5whilst the…

Around 20% of the medical drugs used in Sri Lanka are currently being manufactured locally saving billions and the intention of the government is to increase this up to 50% said Finance Minister Basil Rajapaksa. He made these…

Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) continued to demonstrate resilience amidst prevailing macro-economic conditions after reporting an impressive top-line growth of 54% YoY. The Group recorded…

Taking into consideration the national need of the hour SriLankan Airlines has uplifted another batch of Sinopharm vaccines amounting to 4 million doses to the country on three dedicated cargo flights. The consignment arrived from…

National Movement for Consumer Rights Protection (NMCRP) in a letter addressed to Minister of Trade and Cooperative Affairs Dr Bandula Gunawardena says that if Laugfs Gas Company is not selling Gas to refund the money taken for…

Sri Lanka’s construction sector in particular apartment developers faces numerous challenges due to certain import restrictions on tiles, aluminium and rising global prices of steel and copper. These factors are putting a strain on the…

The Milk Powder Importers Association (MIA) yesterday said the repeated requests made from the Consumer Affairs Authority to increase the price of milk powder due to the price increase of milk powder in the world market, the high cost…

Advantis 3PL Plus, a member of the Hayleys Advantis Group, set yet another benchmark in the logistics sector by becoming the only Sri Lankan company to obtain the UKAS accredited ISO 22000:2018 certification in food safety management…

The Sri Lanka@100 platform announced the selection of six high-potential, mid-market firms to receive cutting-edge business advisory services to accelerate their growth. This is the second cohort of companies on board Sri Lanka@100, a…

Affirming its indelible reputation as the country’s premier and largest diversified property development conglomerate Prime Group was lauded among LMDs “Most Respected Entities in 2021. The Group was also recognised as the winner…