Business

Developing Asia will require around $30 trillion in infrastructure investment through 2030, according to the Asian Development Bank. But how has COVID-19 affected the infrastructure landscape and what role can the sector play in…

Before any business can make a crucial step forward in the transformation of their digital efforts, a paramount importance is placed on understanding and deriving even more insight from data than ever before. A key method to carry out…

The UK’s largest tobacco firm says it sees cannabis as part of its future as it tries to move away from selling traditional cigarettes. British American Tobacco said it wanted to “accelerate” its transformation by reducing the…

Antyra Solutions announced the appointment of Naveen Marasinghe to its Board of Directors, effective July 1, 2021. Having joined the organization at its inception in 2015, Naveen brings extensive knowledge, insight and experience of…

Sri Lanka’s Niftron and Magicbit have won the “Early Stage” and “Growth Stage” Nationalwinner status respectively, at the Sri Lankan National finals for the Entrepreneurship World Cup(EWC) 2021. Both startups now advance to the next…

Foreign reserves are there to be used in emergencies like now where there is a global downturn due the COVID-19 Pandemic. Not only in Sri Lanka but in the world over reserves are used when there are limited foreign inflows, State…

‘Thesara’ a monthly magazine of theTea Small Holding Development Authority (TSHDA) issued free with the Dinamina newspaper every month, was launched at Associated Newspapers of Ceylon Limited(ANCL) on Wednesday. The magazine was…

The John Keells Group recorded strong Q1 performance despite the impact of Leisure and third wave with their Q1 EBITDA at Rs.4.76 billion during the quarter. Group EBITDA recorded a significant improvement to Rs.4.76 billion…

National Development Bank PLC, Sri Lanka’s fourth largest listed bank continued to demonstrate its resilience to external shocks and ability to deliver consistent results, as reflected in financial statements released to the Colombo…

Home owners and potential investors were invited to inspect the construction progress of Oceanfront condominiums in Galle while experiencing the beautiful sunset by the Galle coast. The event took place following all the public…