Business

Airtel Lanka has invested heavily to upgrade from their 3G network to a 4G and will reinvest for 5G as and when the demand requires said Airtel Sri Lanka Managing Director CEO, Ashish Chandra said. Speaking at a webinar to…

Piramal Glass Ceylon PLC reported its results for the Quarter ended June 30, 21, with a turnover of Rs. 1,876 million as against Rs. 1,330 million during the similar period previous year, reflecting a growth of 41% . The domestic…

Rootcode recently announced the appointment of Mangala Perera as its new Chief Operating Officer for its global business operations. Perera brings more than 23 years of leadership and industry experience, perfectly complementing…

edotco Group Sdn. Bhd. (edotco), the leading regional integrated telecommunications infrastructure services company, today strengthened its commitment in Sri Lanka with the appointment of Gayan Koralage, as the Acting Country Managing…

Sri Lanka’s apparel industry – which accounts for 47 per cent of the nation’s exports and 15 per cent of industrial employment – is critical to our national economic health and well-being. Therefore, ensuring that the industry remains…

Tea Small Holders will bring in increased USD 200 million export revenue from tea for 2021 in comparison to last year despite controversy of chemical fertilizer. Chairman Tea Small Holdings Development Authority (TSHDA) Dr.…

The Kankesanthurai Port (KKS)which is being rehabilitated and developed into a commercial port for the creation of a domestic and regional maritime hub will be completed by end 2023. Among the economic uses of the development of…

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), remained unchanged at 6.1% in June 2021 due to the statistical effect of the high base prevailed in June 2020.…

Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 billion in applications. Structured, managed and placed internally; the Bank planned to raise up to LKR…