Business

In a unique global landmark in black tea exports, Sri Lanka’s prices for the six months period January- June 2019 and for the same corresponding period 2020 have been the highest among the tea producing countries in the world. “This…

NDB Wealth Management income fund is the ideal account for the savers looking for a higher yielding alternative to grow their portfolio. The Income fund allows investors to increase their income in the current low interest rate…

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…