Business

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…

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…

Rotary Club of Wattala got yet another Rotaract Club into their ranks by sponsoring Rotaract Club of Kadawatha. The Charter Installation Ceremony of Rotaract Club of Kadawatha was held recently at the ‘Olympic House’ – Colombo…