Business

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…

In a period fraught with uncertainty, technology company 99x’s ability to continue ‘business as usual’ and be a supportive life partner to its people saw it being listed as a Best Workplace in Sri Lanka for the ninth consecutive year…

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…

Chairman BOI Sanjaya Mohottala and Director-General BOI Pasan Wanigasekara, presenting the ‘Certificate of Registration’ to Rakna Property Holdings Board Director Major General (Retd) Jagath Alwis representing the company’s Chairman…

Cinnamon exporters are complaining that there is difficulty obtaining international recognition of Geographical Indication (GI) due to the government limiting the power of associations to certify genuine products. The current…

Sri Lankan corporates could face rating pressure should the government further restrict imports amid weakening external finances, Fitch Ratings says in a new report. Fitch expects corporates that import finished goods in sectors…

A delegation from Hambantota International Port Group (HIPG) led by Justin Zhang, General Manager - Port Investment Services, recently visited Sri Lanka’s Ambassador to China, Dr Palitha Kohona in Beijing to discuss the promotion of…

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…