Business

Sumathi Information Technologies (SiT), a subsidiary of Sumathi Holdings a large and extensively diversified business conglomerate in Sri Lanka, is a well reputed and established organization in the technology industry in Sri Lanka.…

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…

In a media statement, the National Chamber of Exporters of Sri Lanka announced the launch of the Application coinciding with the upcoming Annual Export Awards which will be held in December this year. This comprehensive application and…

Four friends bought a crumbling 100-year-old mansion in Sri Lanka for £315,000 and have spent four years transforming it into a luxury villa. When the property caught the attention of interior designer Dean Sharpe in 2010 there…

Temasek and Plum Wood Investment Ltd, an affiliate of private equity fund Warburg Pincus, along with Bhavish Aggarwal are investing $500 million in Ola ahead of its IPO. The IPO will be issued by ANI Technologies, the parent of…

CFA Society Sri Lanka, University Outreach committee recently organized a series of guest lectures at the Department of Finance, the University of Kelaniya in association with Acuity Knowledge Partners on Financial Modelling and…

MTI Consulting has completed the Strategic Plan for Rwanda Cooperation (https://cooperation.rw/) - the Rwanda state-owned Enterprise charged with the responsibility of sharing the Country’s Home-Grown Initiatives and good practices…

Faculty of Graduate Studies & Research and the Staff Development Committee, Faculty of Engineering of the Sri Lanka Institute of Information Technology (SLIIT) and Section C, of the Sri Lanka Association for Advancement of Science…

The Export Development Board (EDB) has made assurances to firms capable of obtaining international financing that they will be able to utilize said financing for their operations. The EDB is of the view that the funds can be…

Sri Lanka tea production for June 2021 totalled 25.94 M/kgs, showing a decrease of 1.42 M/kgs vis-à-vis 27.36 M/kgs of June 2020. High and Medium elevations have shown a decline, whilst the Low Growns recorded a marginal gain over the…